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Kmart, once one of America’s leading discount retailers, is closing its last full-size store in the mainland United States. The store, in Bridgehampton, New York, on Long Island, is due to close ...
Combined, Sears and Kmart have closed more than 3,500 stores and cut about 250,000 jobs in the past 15 years. This article originally appeared on USA TODAY: New York Kmart closes, last full-sized ...
Kmart is closing its last big-box store in the contiguous U.S., employees with the company told CBS MoneyWatch, capping the retreat of what was once America's dominant discount retailer.
Longtime discount retailer Kmart has reached its end of days, as the last full-size store on the U.S. mainland is officially closing. The final Kmart store has stood in Bridgehampton, New York ...
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. [279] [280] 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 ...
End of an Era. After years of steady decline, Kmart has officially closed its last full-size store in mainland U.S. on October 20, 2024. Located in the posh town of Bridgehampton, New York, the ...
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 ...
By 1976, Kmart had expanded to 1,206 locations and over 2,000 stores by 1981. But by the early 2000s, the company started to falter. It filed for bankruptcy in 2002 and closed 293 stores.
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