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More than 140 Sears and Kmart locations are closing by year-end. Here's what savvy shoppers can expect to find at the liquidation sales.
Attention, Kmart shoppers, the end is near! The erstwhile retail giant renowned for its Blue Light Specials — featuring a flashing blue orb affixed to a pole enticing shoppers to a flash sale ...
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'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 the beginning of a going-out-of-business sale, stores or liquidators running the sales often hike prices just so they can "slash" them later, drawing in unsuspecting shoppers looking for a deal.
Original logo for the Australian chain, in use from 1969 to 1992 Logo in use from 1992 to 2006, still used as a secondary logo. Kmart Australia Limited was created out of a joint venture between G.J Coles & Coy Limited (Coles) and the S.S. Kresge Company, owner of Kmart USA.