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Kmart opened its first store in Garden City, Michigan, in 1962. And two decades ago, the company still operated 1,400 stores across the U.S., although its sales were sagging amid rising ...
When Kmart and Sears merged, the two brands had about 2,300 stores combined, though that number decreased to just 422 stores after the brand emerged from its 2018 bankruptcy filing. Since then ...
Kmart’s Downfall. Troubles began as far back as 2002 when Kmart filed for Chapter 11 bankruptcy and announced it would close more than 250 of its then 2,000 stores.
At the time of the 2005 merger Kmart had about 1,400 stores and Sears nearly 900 full-line US 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 ...
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 ...
Since the early 2000s, Kmart stores have been dwindling. The last full-size Kmart in the U.S., located in Bridgehampton, New York, closes on October 20.
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 ...