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Struggling to compete with Walmart's low prices and Target's trendier offerings, Kmart filed for Chapter 11 bankruptcy protection in early 2002 — becoming the largest U.S. retailer to take that ...
On January 4, 2017, Macy's announced that its store would be closing as part of a plan to close 68 stores nationwide. The store closed in March 2017. [ 9 ] On February 8, 2018, it was announced that HomeSense , and Sierra Trading Post would be opening in the former Macy's space. [ 10 ]
Despite an early refusal to temporarily close other New Jersey shopping malls during the COVID-19 pandemic, [6] New Jersey Governor Phil Murphy eventually agreed to do so on March 17, 2020. [7] This came one day after the Jersey Gardens closed after an employee tested positive for COVID-19 and Jersey City Mayor Steve Fulop closed Jersey City's ...
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 ...
A woman leaves a Kmart in Avenel, N.J., Monday, April 4, 2022. When the store closes its doors on April 16, it will leave only three remaining U.S. locations for the former retail powerhouse.
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The Mall was originally slated for a 1987 opening, but was delayed due to highway and sewage system issues. Upon opening on September 24, 1989, the mall had Kmart, Hess's (the first and only location in New Jersey), and Sears as its anchor stores, as well as 90 smaller stores, with more to come later in the year. [5]
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 ...