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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
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 ...
A Kmart sales clerk watches over the storefront at the last remaining Kmart in Florida on a Friday afternoon on Aug. 23, 2024. The store is a smaller version of its bigger self at the Kendale ...
In 1978, Kresge (since 1977 known as the "Kmart Corporation") exchanged its 51% stake in Kmart Australia for a 20% stake in G.J. Coles & Coy (later Coles Myer). [2] In November 1994, Kresge/Kmart Corporation divested its 21.5% stake in Coles Myer. [2] [7] In 1988, Kmart expanded to New Zealand with their store in Henderson, a suburb in Auckland ...
To facilitate expansion, Graham sold 20% of the company and began licensing its name and designs to other companies, for use on other products. By 1996, Graham stated that annual sales were $50 million. [1] However, after licensing the Joe Boxer name to the New York women's lingerie company Van Mar Inc., Graham launched a competing line of ...
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