Search results
Results from the WOW.Com Content Network
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 ...
In 1972, the Kresge company, the precursor of Kmart, moved its headquarters there from Detroit (where its former headquarters is now the Metropolitan Center for High Technology). [1] In 1975 a Michigan historic marker was erected to mark the significance of the company. [2] It was constructed for more than 5,500 headquarters staff. [3]
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 ...
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.
After years of steady decline, Kmart has officially closed its last full-size store in mainland U.S. on October 20, 2024. Located in the posh town of Bridgehampton, New York, the nearly 90,000 ...
In the early 2010s, the retail climate started changing, causing several chain stores to close in the mall. Over time the mall contained more small businesses and fewer chain stores. On November 8, 2018, it was announced that Sears would be closing this location as part of a plan to close 40 stores nationwide. The store closed in February 2019 ...
In 1986, Gold Circle became Kmart. Shortly thereafter, the foundation shifted, resulting a crack in the floor that ran the length of the store. 8-inch (20 cm) wide steel plates were used to cover it. [4] Zayre closed in 1989 along with three other stores in the area. [6] In 1990, David Weis closed, and its space would become a Phar-Mor a year ...
The department store chain will continue to operate a reduced-size location in Miami, Florida. The retailer also operates in Guam and the U.S. Virgin Islands. Kmart opened its first store in ...