Current:Home > MyKmart’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 00:17:54
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! (2528)
Related
- Travis Hunter, the 2
- Recall roundup: How many children's products were recalled in 2023, how many kids hurt?
- Motor City Kwanzaa Kinara returns to downtown Detroit
- Gymnastics star Simone Biles named AP Female Athlete of the Year a third time after dazzling return
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Broadway's 10 best musicals and plays of 2023, including 'Merrily We Roll Along'
- Pakistan’s top court orders Imran Khan released on bail in a corruption case. He won’t be freed yet
- Dispute over criminal jurisdiction flares in Oklahoma between tribal police, jailers
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- ICHCOIN Trading Center: The Future Leader of the Cryptocurrency Market
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Police video shows police knew Maine shooter was a threat. They also felt confronting him was unsafe
- Mexico’s president is willing to help with border migrant crush but wants US to open talks with Cuba
- Fat Leonard, released during Venezuela prisoner swap, lands in U.S. court to face bribery charges
- What to watch: O Jolie night
- Oregon State, Washington State agree to revenue distribution deal with departing Pac-12 schools
- More than 20,000 Palestinians have been killed in the Israel-Hamas war, Gaza health officials say
- Derek Hough Shares Update on Wife Hayley Erbert's Health After Skull Surgery
Recommendation
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
New Mexico prepares for June presidential primary amid challenge to Trump candidacy
What stores are open and closed on Christmas Eve? See hours for Walmart, CVS, Costco and more
Spain’s bumper Christmas lottery “El Gordo” starts dishing out millions of euros in prizes
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
At Dallas airport, artificial intelligence is helping reunite travelers with their lost items
Prize-winning photos by Rohingya: Unseen life in the world's largest refugee camp
How a 19th century royal wedding helped cement the Christmas tree as holiday tradition