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Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
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 ...
He renamed the store Kresge-Newark, expanded it, and started branch stores. The new department store company was completely independent from the S.S. Kresge discount department store company. [ 1 ] By 1924, Kresge was worth approximately $375,000,000 ($3.83 billion in 2009 dollars [ 2 ] ) and owned real estate of the approximate value of ...
Only three brick and mortar Kmart stores remain in the U.S., located in Miami, Fla., Westwood, N.J. and Bridgehampton, N.Y., and news of the superstore chain becoming nearly extinct has prompted ...
The company once boasted well over 2,000 stores across the U.S., but by early 2022 just three stores remained. “Kmart was part of America,” Michael Lisicky, a Baltimore-based author who has ...
Combined, Sears and Kmart have closed more than 3,500 stores and cut about 250,000 jobs in the past 15 years. This article originally appeared on USA TODAY: New York Kmart closes, last full-sized ...