Current:Home > MyKmart’s blue light fades to black with the shuttering of its last full-scale US store -VitalWealth Strategies
Kmart’s blue light fades to black with the shuttering of its last full-scale US store
View
Date:2025-04-13 00:10:32
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! (4858)
Related
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Movies for Earth Day: 8 films to watch to honor the planet (and where to stream them)
- A retirement expense of $413,000 you'll need to be prepared for
- For years, a Michigan company has been the top pick to quickly personalize draftees’ new NFL jerseys
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Here's how to track the status of your 2024 tax refund
- Prosecutors cancel warrant for lawmaker on primary eve, saying protective order hadn’t been in place
- Prince Louis Is All Grown Up in Royally Sweet 6th Birthday Portrait
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Insider Q&A: Trust and safety exec talks about AI and content moderation
Ranking
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Foundation to convene 3rd annual summit on anti-Asian hate, building AAPI coalitions
- Sabres hire Lindy Ruff as coach. He guided Buffalo to the playoffs in 2011
- Cocaine, carjacking, murder: Probe into Florida woman's brazen kidnapping expands
- Could your smelly farts help science?
- Israeli strikes in Rafah kill 18, mostly children, Palestinian officials say
- What happened to Kid Cudi? Coachella set ends abruptly after broken foot
- KC Current owners announce plans for stadium district along the Kansas City riverfront
Recommendation
Why members of two of EPA's influential science advisory committees were let go
No charges yet in weekend crash that killed 2 siblings at Michigan birthday party
PEN America calls off awards ceremony amid criticism over its response to Israel-Hamas war
William Strickland, a longtime civil rights activist, scholar and friend of Malcom X, has died
Could your smelly farts help science?
Columbia switches to hybrid learning amid protests over Israel’s war in Gaza
Mississippi lawmakers move toward restoring voting rights to 32 felons as broader suffrage bill dies
Baltimore leaders accuse ship’s owner and manager of negligence in Key Bridge collapse