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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 ...
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois.It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. [7]
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 ...
After decades of decline, Kmart has closed its final full-scale U.S. store in Bridgehampton, NY, marking the end of a retail giant. ... By 2018, Sears Holdings, Kmart’s parent company, filed for ...
The Big Kmart format has been long discontinued, but the Big Kmart signage was still common for most Kmart stores for a long time that had gotten the new Kmart logo sign before that store was eventually closed. Super Kmart Center – a brand of supercenters that combined a regular Kmart with full line grocery similar to Walmart. Many locations ...
[citation needed] Venture sold the Texas stores to Kmart in 1996 and closed its distribution center in Corsicana, Texas. The company entered chapter 11 bankruptcy on January 20, 1998, and tried to operate with a smaller number of stores. The effort was not successful, and the company announced its closing on April 27, 1998.
Early in 2001, ShopKo announced the closings of 23 stores and a distribution center, cutting 2,500 jobs and bowing out of Missouri, Indiana, Kansas, and Kentucky. [30] In April 2002 the company's CEO, William Podany, resigned. Jeffrey Girard became his interim replacement, [31] until Sam Duncan took over in October. [32] [33]
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]