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More than 140 Sears and Kmart locations are closing by year-end. Here's what savvy shoppers can expect to find at the liquidation sales.
Kmart was once revered for its “blue light specials,” but the last full-size brick-and-mortar location on the U.S. mainland will close its doors this weekend Getty Images A closing Kmart in 2016
Struggling to compete with Walmart’s low prices and Target’s trendier offerings, Kmart filed for Chapter 11 bankruptcy protection in early 2002 — becoming the largest U.S. retailer to take ...
A Kmart Express gas station in Cleveland, Ohio in February 2013, the Super Kmart (store #4966) near it, as well as this Kmart Express, closed in 2014; these buildings were demolished and the location is now a Menards. American Fare was a chain of hypermarkets that operated from 1989 to 1994.
In this way, a going-out-of-business sale is much the same as a regular clearance sale. The steepest discounts are on the items in least demand, like out-of-season clothing.
At its peak, Kmart had well over 2,000 locations in the U.S. and was among the nation's retail giants. Kmart merged with Sears in 2005 in a deal engineered by hedge fund manager and CEO Eddie Lampert.
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Русский: Магазин Big Kmart №3979 в Левиттауне (штат Нью-Йорк) во время ликвидационной распродажи в сентябре 2015 года. После закрытия магазина строение не использовалось и было снесено в 2016 году.