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The 235 properties, mainly Sears and Kmart locations, spread across the country and Puerto Rico, amounted to a total of 37.1 million square feet of space. [27] The strategy of department stores converting their real estate holdings into REITs has been well-used in the current commercial real estate environment. [27]
At its peak, Kmart had well over 2,000 locations in the U.S. and was among the nation's retail giants. Kmart merged with Sears in 2005 in a deal engineered by hedge fund manager and CEO Eddie Lampert.
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 ...
Kresge was born near Allentown, Pennsylvania, the son of Sebastian Kresge and the former Catherine Kunkle.Living on the family farm in Kresgeville (named for his ancestors) until he was 21 years old, he was educated in the local public schools, the Fairview Academy, in Brodheadsville, Pennsylvania, and at the Eastman Business College in Poughkeepsie, New York, from which he graduated in March ...
Lighter Side. Medicare
The uncharacteristically off-color ad is meeting with universal acclaim on YouTube: The video has received more than 160,000 views, and 98.6% of those voting on the video gave it a thumbs-up. "I ...
Grilled hanger steak and baked potato. Occasionally seen on American menus as a "bistro steak", hanger steak's U.S. meat-cutting classification is NAMP 140. Due to its limited quantity, it is rarely marketed to consumers, with most hanger steak cuts being diverted to restaurants.
A bistro or bistrot (/ ˈ b iː s t r oʊ /), in its original Parisian form, is a small restaurant serving moderately priced, simple meals in a modest setting. In more recent years, the term has become used by restaurants considered, by some, to be pretentious.
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