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Attention, Kmart shoppers, the end is near! The erstwhile retail giant renowned for its Blue Light Specials — featuring a flashing blue orb affixed to a pole enticing shoppers to a flash sale ...
In 2002, Kmart declared bankruptcy as Walmart and Target devoured its market share. Its website never took off, allowing Amazon to beat it in the e-commerce space. There were executive pay scandals, a purchase by a hedge fund manager who stripped it bare and a disastrous 2005 acquisition of Sears.
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. Attention, Kmart Shoppers!
The original concept for the Blue Light Special was a limited-time offer to sell slower-moving merchandise. [44] The sale was first introduced in 1965 [45] and was retired in 1991. [46] Starting in the 2000s, Kmart would repeatedly bring back the Blue Light Special. This was done first in 2001, but was discontinued again in 2002.
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Big Kmart stores – chain of discount department stores that carried everything a regular Kmart carries, but emphasizes home decor, children's clothing, and more food items. The Big Kmart format has been long discontinued, but the Big Kmart signage was still common for most Kmart stores for a long time that had gotten the new Kmart logo sign ...
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