Current:Home > reviewsKmart’s blue light fades to black with the shuttering of its last full-scale US store -WealthMindset Learning
Kmart’s blue light fades to black with the shuttering of its last full-scale US store
View
Date:2025-04-13 13:31:35
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! (934)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Oklahoma school district adding anti-harassment policies after nonbinary teen’s death
- Republican Scott Baugh concedes to Democrat Dave Min in critical California House race
- California man allegedly shot couple and set their bodies, Teslas on fire in desert
- Highlights from Trump’s interview with Time magazine
- Drone footage captures scope of damage, destruction from deadly Louisville explosion
- RHOP's Candiace Dillard Bassett Gives Birth, Shares First Photos of Baby Boy
- Patrick Mahomes Breaks Silence on Frustrating Robbery Amid Ongoing Investigation
- 'We're reborn!' Gazans express joy at returning home to north
- Chrysler recalls over 200k Jeep, Dodge vehicles over antilock-brake system: See affected models
Ranking
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Agents search home of ex-lieutenant facing scrutiny as police probe leak of school shooting evidence
- Vegas Sphere reports revenue decline despite hosting UFC 306, Eagles residency
- Does the NFL have a special teams bias when hiring head coaches? History indicates it does
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Kathy Bates likes 'not having breasts' after her cancer battle: 'They were like 10 pounds'
- Horoscopes Today, November 13, 2024
- Taylor Swift gifts 7-year-old '22' hat after promising to meet her when she was a baby
Recommendation
Travis Hunter, the 2
Why Josh O'Connor Calls Sex Scenes Least Sexy Thing After Challengers With Zendaya and Mike Faist
Supreme Court seems likely to allow class action to proceed against tech company Nvidia
Glen Powell responds to rumor that he could replace Tom Cruise in 'Mission: Impossible'
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Georgia remains part of College Football Playoff bracket projection despite loss
Watch a rescuer’s cat-like reflexes pluck a kitten from mid-air after a scary fall
'This dude is cool': 'Cross' star Aldis Hodge brings realism to literary detective