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A Kmart Express gas station in Cleveland, Ohio in February 2013, the Super Kmart (store #4966) near it, as well as this Kmart Express, closed in 2014; these buildings were demolished and the location is now a Menards. American Fare was a chain of hypermarkets that operated from 1989 to 1994.
As Sears and Kmart continued to close stores, the company was sold to Transformco following a 2018 bankruptcy. At the time, there were just 202 locations left in the U.S. At the end of 2019, a ...
On October 15, 2018, Sears Holdings announced that it would close 142 stores, including 63 Kmart stores and 79 Sears stores. [11] [12] Sears Holdings' bankruptcy also marked Kmart's second bankruptcy in 16 years. On November 8, 2018, Sears Holdings announced it would close an additional 40 stores, including 11 Kmart and 29 Sears stores. [13]
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.
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.
In 1972, the Kresge company, the precursor of Kmart, moved its headquarters there from Detroit (where its former headquarters is now the Metropolitan Center for High Technology). [1] In 1975 a Michigan historic marker was erected to mark the significance of the company. [2] It was constructed for more than 5,500 headquarters staff. [3]
The Kmart formerly located on the property closed in 2017, according to previous StarNews reporting. The store closure was one of 78 Kmart stores to close nationwide within the first half of that ...
The Kmart, later the site of Magic Mart, closed in 2002. [5] Dawahares is now Shoe Show. Magic Mart announced that it would close the South Side Mall store in mid-2016. [6] On March 3, 2020, Peebles was converted into Gordmans, [7] which in turn was closed in July 2020, following the filings of bankruptcy from the company. [8]