Current:Home > MarketsKmart’s blue light fades to black with the shuttering of its last full-scale US store -TradeGrid
Kmart’s blue light fades to black with the shuttering of its last full-scale US store
View
Date:2025-04-15 23:20:27
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! (36)
Related
- Sonya Massey's father decries possible release of former deputy charged with her death
- Jax Taylor Breaks Silence on Brittany Cartwright Divorce With Unexpected Message
- Michigan judge loses docket after she’s recorded insulting gays and Black people
- 'Wrong from start to finish': PlayStation pulling Concord game 2 weeks after launch
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Sicily Yacht Victims Died of Dry Drowning After Running Out of Oxygen in the Cabin
- Demi Lovato’s Sister Madison De La Garza Is Pregnant, Expecting First Baby With Ryan Mitchell
- Los Angeles high school football player hurt during game last month dies from brain injury
- Tom Holland's New Venture Revealed
- Dick Cheney will back Kamala Harris, his daughter says
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Judge delays Donald Trump’s sentencing in hush money case until after November election
- News organizations seek unsealing of plea deal with 9/11 defendants
- Father of Georgia high school shooting suspect charged with murder, child cruelty
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Ben Affleck’s Surprising Family Connection to The Secret Lives of Mormon Wives
- Police have upped their use of Maine’s ‘yellow flag’ law since the state’s deadliest mass shooting
- Audit finds Vermont failed to complete steps to reduce risk from natural disasters such as flooding
Recommendation
Meta releases AI model to enhance Metaverse experience
A Navy officer is demoted after sneaking a satellite dish onto a warship to get the internet
Mexican drug cartel leader will be transferred from Texas to New York
Stassi Schroeder Shares 3-Year-Old Daughter's Heartbreaking Reaction to Her Self-Harm Scars
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Proof Taylor Swift and Travis Kelce Are Closer Than Ever After Kansas City Chiefs Win
A small plane from Iowa crashed in an Indiana cornfield, killing everyone onboard
'National Geographic at my front door': Watch runaway emu stroll through neighborhood