Current:Home > MyKmart’s blue light fades to black with the shuttering of its last full-scale US store -Dynamic Money Growth
Kmart’s blue light fades to black with the shuttering of its last full-scale US store
View
Date:2025-04-14 23:32:37
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! (31)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Survivors of sex abuse at Illinois juvenile detention facilities hope for justice
- Maine’s watchdog agency spent years investigating four child deaths. Here are the takeaways.
- Powerball winning numbers for September 23: Did anyone win $208 million jackpot?
- Senate begins final push to expand Social Security benefits for millions of people
- Johnny Depp Addresses Media Frenzy over His and Amber Heard's Legal Battle
- Federal officials say Michigan school counselor referred to student as a terrorist
- Meet Libra, the Zodiac's charming peacemaker: The sign's personality traits, dates
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Dancing With the Stars' Artem Chigvintsev Not Charged After Domestic Violence Arrest
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- Two roommates. A communal bathroom. Why are college dorm costs so high?
- Tropical Weather Latest: Tropical Storm Helene forms in Caribbean, Tropical Storm John weakens
- Fantasy football Start ‘Em, Sit ‘Em: 16 players to start or sit in Week 4
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Major movie theater chains unveil $2.2 billion plan to improve 'cinematic experience'
- Why Margot Robbie and Jacob Elordi’s Wuthering Heights Movie Casting Is Sparking a Social Media Debate
- See Selena Gomez Return to Her Magical Roots in Wizards Beyond Waverly Place’s Spellbinding Trailer
Recommendation
All That You Wanted to Know About She’s All That
Dangerous chemical leak spurs evacuation order in Ohio town
Ex-NYC COVID adviser is fired after video reveals he attended parties during pandemic
Woman alleges Sean ‘Diddy’ Combs raped her on video in latest lawsuit
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Bella Hadid Returns to the Runway at Paris Fashion Week After 2-Year Break From Modeling
GHCOIN TRADING CENTER: A Leader in Digital Asset Innovation
Shailene Woodley Details Losing Her Hearing While Suffering “Conflation” of Health Issues