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At its peak, Kmart had well over 2,000 locations in the U.S. and was among the nation's retail giants. Kmart merged with Sears in 2005 in a deal engineered by hedge fund manager and CEO Eddie Lampert.
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 ...
The final Kmart store has stood in Bridgehampton, New York, for many years, but it’s currently set to close on Oct. 20. Once the Long Island location shuts its door for good, shoppers won’t be ...
They carry most standard department store stock as well as a limited selection of grocery items. Big Kmart – a sub-chain of Kmart that uses a hypermarket model, carrying an expanded inventory. Big Kmart stores range from 84,000 to 120,000 sq ft (7,800 to 11,100 m 2). Since the merger with Sears, many stores have been rebranded simply to Kmart.
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 ...
The concept first came about when Eve Mitchell, a team member from the Kmart store in Noarlunga suggested Kmart use its network of stores as gift collection points, assisting charity groups at Christmas. [61] As of the 35th appeal in 2022, the event has raised over $5.6 million and delivered 10 million gifts to those in need. [62]