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A woman leaves a Kmart in Avenel, N.J., Monday, April 4, 2022. When the store closes its doors on April 16, it will leave only three remaining U.S. locations for the former retail powerhouse.
Kmart opened its first location in 1962 in suburban Detroit and quickly expanded. Kmart had 17 locations open by the end of the year, and reached 162 stores by 1966. By 1976, Kmart had expanded to ...
Kmart will shutter its last big-box store in the U.S. in October, marking the end of an era for the 62-year-old discount chain. ... Sears, led by hedge fund manager Eddie Lampert failed to stanch ...
After decades of decline, Kmart has closed its final full-scale U.S. store in Bridgehampton, NY, marking the end of a retail giant. Learn more about Kmart's legacy and its impact on American ...
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.
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 ...
Dedicated Kmart shoppers are uniting on Reddit to mourn the loss of the last full-size location. "Will the future generations remember this great corporate empire one day," one Kmart enthusiast wrote.
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. [278] [279] 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 ...