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Since the early 2000s, Kmart stores have been dwindling. The last full-size Kmart in the U.S., located in Bridgehampton, New York, closes on October 20. Attention, Kmart Shoppers!
The merger of Kmart and Sears closed on March 24, 2005, following affirmative shareholder votes of both companies. With the acquisition, the former HQ of Kmart in Detroit moved to the Sears Headquarters. The result of the merger was Kmart and parent Kmart Holding Corporation and Sears became subsidiaries of the new Sears Holdings Corporation.
In North America, the term generally refers to a household receptacle, often a basket, for clean (out of the dryer or off the line) or dirty clothing, regardless of its composition, i.e. "a laundry hamper". Typically a laundry hamper is used for storage and will be sturdier, taller and have a lid while a laundry basket is open and used mainly ...
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