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The stores that are closing will begin liquidation sales on September 22, and close by mid December, employees said. Kmart is closing 64 stores and firing thousands of employees Skip to main content
The merger of Kmart and Sears closed on March 24, 2005, following affirmative shareholder votes of both companies. With the acquisition, the former HQ of Kmart in Detroit moved to the Sears Headquarters. The result of the merger was Kmart and parent Kmart Holding Corporation and Sears became subsidiaries of the new Sears Holdings Corporation.
Kmart 24 Hour stores are similar to regular Kmart stores, except that they are open 24 hours a day, seven days a week, never closing other than on some public holidays, or during events. [31] These stores are not visually different apart from a "24 Hours" logo in red appearing next to the Kmart logo.
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 ...
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When Kmart purchased Sears and moved its headquarters to Chicago in 2006, the building, then housing 2,000, was vacated; art from the corporate art collection, including a tapestry by Pablo Picasso, a signed Andy Warhol poster, and exhibits from the science and technology collection including a work by Alan Bean signed by US astronauts, were ...