Fayetteville will lose its Kmart by early fall.

In a press release from the discount chain in Michigan's corporate office, officials said 66 stores around the country would be closed.

The Fayetteville store at 240 Banks Crossing, along with a store in Stone Mountain, are the only two in metro Atlanta being shut down.

Company officials said the stores were marginally profitable, but not profitable enough to justify the capital investment needed to expand them. Officials said the stores did not fit into the company's long-term plans.

Local Kmart management referred all calls to the corporate office, which did not return calls by press time.