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Kmart is closing its last big-box store in the contiguous U.S., employees with the company told CBS MoneyWatch, capping the retreat of what was once America's dominant discount retailer.
By 1976, Kmart had expanded to 1,206 locations and over 2,000 stores by 1981. But by the early 2000s, the company started to falter. It filed for bankruptcy in 2002 and closed 293 stores.
Combined, Sears and Kmart have closed more than 3,500 stores and cut about 250,000 jobs in the past 15 years. This article originally appeared on USA TODAY: New York Kmart closes, last full-sized ...
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.
The Shops at Billerica (formerly known as Billerica Mall) is a strip mall and former enclosed shopping mall located in Billerica, Massachusetts. It was built as part of a series of malls including the Woburn Mall, and the Mystic Mall. Anchor stores include Burlington and Big Lots. The property is currently going under a massive redevelopment ...
Further dismantling of the Sears and Kmart store network continued in the subsequent years, and as of 2024, only eight Sears stores and one Kmart store remain in the continental United States. [275] [276] Shopko filed for bankruptcy on January 16, 2019, and planned to close 250 of its more than 360 stores. However, on March 18, 2019, Shopko ...
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