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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 ...
On April 20, 2017, Business Insider reported that the company was "quietly closing" more stores than it had initially announced and compiled a list of ten additional Sears and Kmart locations that were closing. [268] On April 22, Sears also announced plans to close 50 of its auto centers and 92 pharmacies within Kmart locations. [269]
Kmart opened its first store in Garden City, Michigan, in 1962. And two decades ago, the company still operated 1,400 stores across the U.S., although its sales were sagging amid rising ...
On June 6, 2017, Sears Holdings announced that Kmart would be closing as part of a plan to close 72 stores nationwide. The store closed in September 2017. [13] On April 18, 2018, it was announced that Younkers would also be closing as parent company, The Bon-Ton, was going out of business. The store closed in August 2018. [14]
The struggling retailer announced on Wednesday it would shut down 108 Kmart stores and 42 Sears locations by April -- See if your branch is on the list. ... Kmart stores closing: Jasper Mall ...
Transformco, the parent company of Sears and Kmart, secured $250 million in financing but announced it will close 96 more stores as it rebuilds. More Sears and Kmart store closures are happening ...
Yahoo Finance Live's Emily McCormick and Brian Sozzi discuss Kmart being down to its last three stores in the U.S.
Kmart had 17 locations open by the end of the year, and reached 162 stores by 1966. By 1976, Kmart had expanded to 1,206 locations and over 2,000 stores by 1981. But by the early 2000s, the ...