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Attention, Kmart shoppers, the end is near! The erstwhile retail giant renowned for its Blue Light Specials — featuring a flashing blue orb affixed to a pole enticing shoppers to a flash sale ...
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.
MIAMI (AP) — The last Kmart on the U.S. mainland sits at the west end of a busy suburban Miami shopping center, quiet and largely ignored. All around it are thriving chain stores attracting steady streams of customers in sectors where the former box-store chain was once a major player: Marshalls, Hobby Lobby, PetSmart and Dollar Tree.
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The Blue Light Special was a sale promotion within the store for a short period within store hours only. It was advertised using a rotating blue light, in the same style a police car used, and was announced over the store public address system with the phrase "attention Kmart shoppers", a phrase which became a pop culture reference. [43]
Walmart opened its first store in 1962 in a market where Kmart had been the dominant player using a high-low pricing strategy. [5] Kmart's signature "blue light special" is an example of in-store advertising used to promote a temporary discount as part of the high-low pricing strategy.
He renamed the store Kresge-Newark, expanded it, and started branch stores. The new department store company was completely independent from the S.S. Kresge discount department store company. [ 1 ] By 1924, Kresge was worth approximately $375,000,000 ($3.83 billion in 2009 dollars [ 2 ] ) and owned real estate of the approximate value of ...
Sears Holdings (SHLD) plans to close eight Sears stores and 13 Kmart stores in April and May, laying off hundreds of employees in the process. Kimberly Freely, a spokeswoman for Sears Holdings ...
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