Current:Home > BackKmart’s blue light fades to black with the shuttering of its last full-scale US store-LoTradeCoin
Kmart’s blue light fades to black with the shuttering of its last full-scale US store
View Date:2025-01-11 13:13:28
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! (8564)
Related
- DWTS’ Ilona Maher and Alan Bersten Have the Best Reaction to Fans Hoping for a Romance
- Inflation surprise: Prices unchanged in May, defying expectations, CPI report shows
- At the Tony Awards, a veteran host with plenty of stars and songs on tap
- Tori Spelling Calls Out the Haters While Celebrating Son Finn's Graduation
- AP Top 25: Oregon remains No. 1 as Big Ten grabs 4 of top 5 spots; Georgia, Miami out of top 10
- Caitlin Clark is part of the culture wars. It's not her fault. It's everyone else's.
- 'Challenges our authority': School board in Florida bans book about book bans
- Rob Kardashian Makes a Confession About His Sperm in NSFW Chat With Khloe Kardashian
- San Antonio Spurs coach Gregg Popovich had mild stroke this month, team says
- Biden campaign calls on GOP to drop lawsuits over mail ballots, citing Trump’s new fondness for it
Ranking
- Watch as massive amount of crabs scamper across Australian island: 'It's quite weird'
- New Jersey's top federal prosecutor testifies Sen. Bob Menendez sought to discuss real estate developer's criminal case
- The Stanley Cup Final in American Sign Language is a welcome addition for Deaf community
- A closer-than-expected Ohio congressional race surprises Republicans and encourages Democrats
- Judge sets date for 9/11 defendants to enter pleas, deepening battle over court’s independence
- Emma Heming Willis Celebrates Her and Bruce Willis' Daughter Mabel Graduating With Family Affair
- 2024 US Open: Everything to know about Pinehurst golf course ahead of 2024's third major
- Catherine Laga'aia cast as lead in live-action 'Moana': 'I'm really excited'
Recommendation
-
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Take the Day Off
-
Hailey Bieber's Update About Her Latest Pregnancy Struggle Is So Relatable
-
North Dakota voters just approved an age limit for congressional candidates. What’s next?
-
Oklahoma Supreme Court dismisses lawsuit of last Tulsa Race Massacre survivors seeking reparations
-
What is best start in NBA history? Five teams ahead of Cavaliers' 13-0 record
-
UCLA names new chancellor as campus is still reeling from protests over Israel-Hamas war
-
Spain's Rafael Nadal, Carlos Alcaraz to team up in doubles at 2024 Paris Olympics
-
U.S. cricket team recovers from poor start but loses to India at Twenty20 World Cup