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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.
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 ...
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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]
The store closed in January 2018. Four months later, The Bon-Ton announced that it would close its location here as part of the storewide liquidations due to bankruptcy. Kohl's joined the mall in 2019, taking over the vacant Sears space. [8] Indiana Mall was turned over to the bank by Zamias in December 2020. Zamias remained as mall management.
April 11, 2022 at 11:26 AM
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 ...