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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 ...
Kmart’s Downfall. Troubles began as far back as 2002 when Kmart filed for Chapter 11 bankruptcy and announced it would close more than 250 of its then 2,000 stores.
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 ...
At the height of its success, Kmart was a go-to discount store with more than 2,000 locations. In the early 2000s, the retail chain began facing some challenges, filing for Chapter 11 bankruptcy ...
With the store closing Sunday, Kmart joins the list of once iconic retailers, such as Toys “R” Us, RadioShack, Pier 1, Bed Bath & Beyond and most of what’s left of Kmart’s corporate ...
Kmart was once revered for its “blue light specials,” but the last full-size brick-and-mortar location on the U.S. mainland will close its doors this weekend Getty Images A closing Kmart in 2016
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