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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 ...
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.
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. [280] [281] 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 ...
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 ...
Kresge's and S. S. Kresge (incorporated in 1899), [256] later K-Mart Corporation (headquartered in Troy), then Sears Holdings Corporation is frequently credited with invention of the modern discount department store with the opening of Kmart in 1962. The last Kresge's store in Livonia, Michigan closed in 1987.
Kmart down to its last 3 locations in the U.S. April 11, 2022 at 11:26 AM ...
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 ...
On April 14, 2023, it was announced that the last Sears store in North Carolina would close by the end of May. [48] On June 5, 2023, it was announced that the Kmart store located at the Sunshine Mall in St. Croix would close. [49] On August 2, 2023, it was announced that the last Kmart store in New Jersey will close September 30, 2023. [50]