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By 1976, Kmart had expanded to 1,206 locations and over 2,000 stores by 1981. But by the early 2000s, the company started to falter. It filed for bankruptcy in 2002 and closed 293 stores.
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 ...
After decades of decline, Kmart has closed its final full-scale U.S. store in Bridgehampton, NY, marking the end of a retail giant. Learn more about Kmart's legacy and its impact on American ...
Kresge's and S. S. Kresge (incorporated in 1899), [256] later K-Mart Corporation (headquartered in Troy), then Sears Holdings Corporation is frequently credited with invention of the modern discount department store with the opening of Kmart in 1962. The last Kresge's store in Livonia, Michigan closed in 1987. The chain operated over 2,000 ...
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.
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 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.
Although Eastland itself was a single-story mall, all three of its original anchor stores were constructed with two stories of retail space. The Sears store closed off its upper level at some point during the 1980s. With the closure and subsequent demolition of Northland in 2002, Eastland became the oldest shopping mall in the Columbus metro area.