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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 ...
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.
Today only a handful of Sears stores remain. Kmart started in the late 19th century when founder Sebastian Spering Kresge opened a five-and-dime store in downtown Detroit bearing his name. The ...
A still-open Kmart in Miami, Florida, wasn't just selling merchandise — it was selling fixtures like store shelves. "If that isn’t a kiss of death for an ongoing business, I don’t know what ...
On December 28, 2016, Sears Holdings announced that Kmart would be closing as part of a plan to close 30 Sears and Kmart stores nationwide. The store closed in March 2017. [11] On March 17, 2017, it was announced that the JCPenney store would also be closing as part of a plan to close 138 locations. The store closed its doors permanently on ...
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