Current:Home > MyKmart’s blue light fades to black with the shuttering of its last full-scale US store -文件: temp/data/webname/news/nam2.txt
Kmart’s blue light fades to black with the shuttering of its last full-scale US store
View
Date:2025-04-17 04:08:54
NEW YORK (AP) — Attention, Kmart shoppers, the end is near!
The erstwhile retail giant renowned for its Blue Light Specials — featuring a flashing blue orb affixed to a pole enticing shoppers to a flash sale — is shuttering its last full-scale store in mainland United States.
The store, located in swank Bridgehampton, New York, on Long Island, is slated to close Oct. 20, according to Denise Rivera, an employee who answered the phone at the store late Monday. The manager wasn’t available, she said.
That will leave only a small Kmart store in Miami. It has a handful of stores in Guam and the U.S. Virgin Islands.
Transformco, the company that bought the assets of Sears and Kmart out of the bankruptcy of Sears Holdings in 2019, did not immediately respond to an email requesting comment.
In its heyday, there were more than 2,000 Kmarts in the U.S.
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 that step — and announced it would close more than 250 stores.
A few years later, hedge fund executive Edward Lampert combined Sears and Kmart and pledged to return them to their former greatness. But the 2008 recession and the rising dominance of Amazon contributed in derailing that mission. Sears filed for Chapter 11 in 2018 and now has just a handful of stores left in the U.S., where it once had thousands.
veryGood! (9125)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Minnesota Groups Fear Environmental Shortcuts in Enbridge’s Plan to Rebuild Faulty Pipeline
- 7 tiny hacks that can improve your to-do list
- FEMA Flood Maps Ignore Climate Change, and Homeowners Are Paying the Price
- Billy Bean was an LGBTQ advocate and one of baseball's great heroes
- It’s Not Just Dakota Access. Many Other Fossil Fuel Projects Delayed or Canceled, Too
- Oversight Committee subpoenas former Hunter Biden business partner
- Here's How North West and Kim Kardashian Supported Tristan Thompson at a Lakers Game
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Blac Chyna Reflects on Her Past Crazy Face Months After Removing Fillers
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- U.S. extends temporary legal status for over 300,000 immigrants that Trump sought to end
- Can Trump Revive Keystone XL? Nebraskans Vow to Fight Pipeline Anew
- Tabitha Brown's Final Target Collection Is Here— & It's All About Having Fun in the Sun
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- World Health Leaders: Climate Change Is Putting Lives, Health Systems at Risk
- U.S. announces $325 million weapons package for Ukraine as counteroffensive gets underway
- Open enrollment for ACA insurance has already had a record year for sign-ups
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Matty Healy Resurfaces on Taylor Swift's Era Tour Amid Romance Rumors
MacKenzie Scott is shaking up philanthropy's traditions. Is that a good thing?
Drier Autumns Are Fueling Deadly California Wildfires
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Paul McCartney says AI was used to create new Beatles song, which will be released this year
Kendall Jenner and Bad Bunny's Latest Date Night Proves They're In Sync
Did Damar Hamlin experience commotio cordis? What to know about the rare phenomenon