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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 ...
Sears and Kmart said the stores would combine in late 2004, but the decision "merely merged two battered retailers into one large, troubled organization, and it’s been failing ever since ...
Struggling to compete with Walmart’s low prices and Target’s trendier offerings, Kmart filed for Chapter 11 bankruptcy protection in early 2002 — becoming the largest U.S. retailer to take ...
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. Attention, Kmart Shoppers!
Merry-Go-Round – Merry-Go-Round had more than 500 locations during its heyday in the 1980s. It went bankrupt in 1995. [65] Mervyn's – a California-based regional department store founded in 1949. Mervyn's ill-fated expansion out of West Coast markets in the months before a recession sent the company into bankruptcy in 2008. [66] [67]
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 ...
Sports Authority and Borders eventually went out of business after their own bankruptcies. Kmart filed for bankruptcy protection in 2002, when it had 2,100 stores. It was the largest US retailer ...
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