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Kmart’s Downfall. Troubles began as far back as 2002 when Kmart filed for Chapter 11 bankruptcy and announced it would close more than 250 of its then 2,000 stores.
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 ...
At the height of its success, Kmart was a go-to discount store with more than 2,000 locations. In the early 2000s, the retail chain began facing some challenges, filing for Chapter 11 bankruptcy ...
After once holding over 2,000 locations across the U.S., Kmart will soon close its last remaining full-sized mainland location. ... It filed for bankruptcy in 2002 and closed 293 stores. The ...
When the retailer emerged from bankruptcy it still had 231 Sears and 191 Kmart stores, but those were also almost all doomed. Today only a handful of Sears stores remain.
Kmart Super Center – the predecessor to Big Kmart, with a similar model. The last Super Kmart was located in Warren, Ohio, and closed on April 8, 2018. [68] Sears Essentials – the predecessor to Sears Grand, with a similar model. The concept was discontinued in 2006 but stores retained the Sears Essentials name until 2012.
Builders Square was a big-box home improvement retailer headquartered in San Antonio, Texas. [1] A subsidiary of Kmart, its format was quite similar to The Home Depot, Menards, and Lowe's with floor space of about 100,000 square feet (9,300 m 2), [2] [3] and inventories in excess of 35,000 different items. [4]
Sears Holdings is cutting a huge loss and has announced its decision to shut down 68 Kmart and 10 Sears stores this summer. ... Texas. Kmart / 11330 Montwood Dr., El Paso, TX Kmart / 1405 East ...