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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 ...
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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 ...
The 235 properties, mainly Sears and Kmart locations, spread across the country and Puerto Rico, amounted to a total of 37.1 million square feet of space. [27] The strategy of department stores converting their real estate holdings into REITs has been well-used in the current commercial real estate environment. [27]
It is sometimes referred to as King George Courthouse, because it is the location of the King George County Courthouse. The population as of the 2020 census was 4,970. [ 2 ] The Journal Press was a local weekly newspaper published in King George and serving local areas until its final issue was published on Jan 11th, 2017.
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.
King George County was established in 1720 when land was split from Richmond County, Virginia.The county is named for King George I of Great Britain. [3] It was substantially reorganized in 1776 and 1777, with land swapped with both Stafford and Westmoreland counties to form the modern boundaries.