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Kmart Australia Limited was created out of a joint venture between G.J Coles & Coy Limited (Coles) and the S.S. Kresge Company, owner of Kmart USA. Kresge owned 51% of the common stock in the company and Coles owned the remaining 49%; together they began to develop Kmart stores in Australia in 1968. [2]
Kmart's longest lasting logo, used from 1969 to 1990. Under the leadership of executive Harry Cunningham, S.S. Kresge Company opened the first Kmart-named store, at 27,000 square feet (2,500 square meters), which was referred to by Kresge as a "bantam" Kmart and was in fact originally intended to be a Kresge store until late in the planning process, on January 25, 1962, in San Fernando ...
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The last full-size Kmart in the U.S., located in Bridgehampton, New York, closes on October 20. ... For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help.
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Borders was acquired in 1992 by Kmart, which had acquired mall-based book chain Waldenbooks eight years earlier. [23] [24] [25] Kmart had struggled with the book division, having first tinkered with the assortment and later with discounting. In the Borders acquisition, Kmart merged the two companies in hopes that the experienced Borders senior ...
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Coles Supermarkets Australia Pty. Ltd., doing business as Coles, is an Australian supermarket, retail and consumer services chain, headquartered in Melbourne as part of Coles Group. Founded in 1914 in the suburb of Collingwood by Sir George Coles , the company currently operates 846 [ 3 ] supermarkets throughout Australia, including several now ...