Search results
Results From The WOW.Com Content Network
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 ...
On June 5, 2023, it was announced that the Kmart store located at the Sunshine Mall in St. Croix would close. [49] On August 2, 2023, it was announced that the last Kmart store in New Jersey will close September 30, 2023. [50] On October 29, 2022, Sears Holdings emerged from Chapter 11 bankruptcy. [clarification needed]
In 1972, the Kresge company, the precursor of Kmart, moved its headquarters there from Detroit (where its former headquarters is now the Metropolitan Center for High Technology). [1] In 1975 a Michigan historic marker was erected to mark the significance of the company. [2] It was constructed for more than 5,500 headquarters staff. [3]
The 235 properties, mainly Sears and Kmart locations, spread across the country and Puerto Rico, amounted to a total of 37.1 million square feet of space. [27] The strategy of department stores converting their real estate holdings into REITs has been well-used in the current commercial real estate environment. [27]
He renamed the store Kresge-Newark, expanded it, and started branch stores. The new department store company was completely independent from the S.S. Kresge discount department store company. [ 1 ] By 1924, Kresge was worth approximately $375,000,000 ($3.83 billion in 2009 dollars [ 2 ] ) and owned real estate of the approximate value of ...
Downtown Westwood is a regional hub that offers many options for shopping and dining. The Westwood Plaza is an outdoor shopping mall that had a Kmart and other stores and restaurants. [139] The Westwood location was one of the last three operating Kmart stores in the United States and was the last location in the state until it closed in 2023.
For premium support please call: 800-290-4726 more ways to reach us
The original Sears store closed and became Dunham's Sports in late 2013. [12] Sears subsequently opened a smaller Hometown store elsewhere in the mall, but has since closed. [ 13 ] In January 2016, Sears Holdings announced that Kmart would be closing in mid March.