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Transformco, Sears and Kmart's parent company, says it plans to close 96 more stores. The decision comes shortly after the business also announced it received $250 million in funding from lenders ...
End of an Era. 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 ...
At its peak, Sears and its sister brand Kmart had 3,500 US stores between them and more than 300,000 employees once the retailers merged in 2005. Now, there are only just over a dozen Sears ...
Kmart, once one of America’s leading discount retailers, is closing its last full-size store in the mainland United States. The store, in Bridgehampton, New York, on Long Island, is due to close ...
Kmart is closing its last big-box store in the contiguous U.S., employees with the company told CBS MoneyWatch, capping the retreat of what was once America's dominant discount retailer.
On April 20, 2017, Business Insider reported that the company was "quietly closing" more stores than it had initially announced and compiled a list of ten additional Sears and Kmart locations that were closing. [266] On April 22, Sears also announced plans to close 50 of its auto centers and 92 pharmacies within Kmart locations. [267] Further ...
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 ...
Longtime discount retailer Kmart has reached its end of days, as the last full-size store on the U.S. mainland is officially closing. The final Kmart store has stood in Bridgehampton, New York ...