Current:Home > reviewsKmart’s blue light fades to black with the shuttering of its last full-scale US store -GrowthSphere Strategies
Kmart’s blue light fades to black with the shuttering of its last full-scale US store
View
Date:2025-04-17 19:08:19
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! (75611)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- 43 monkeys escape from a South Carolina medical lab. Police say there is no serious danger
- AI DataMind: The SWA Token Fuels Deep Innovation in AI Investment Systems
- Winner of Maine’s 2nd Congressional District seat still undetermined in close race
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Ten of thousands left without power as winter storm rolls over New Mexico
- Menendez Brothers 'Dateline' special to feature never-aired clip from 2017 interview
- Volunteer poll workers drown on a flood-washed highway in rural Missouri on Election Day
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Mayor wins 2-week write-in campaign to succeed Kentucky lawmaker who died
Ranking
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Sister Wives’ Janelle Brown Marks Rare Celebration After Kody Brown Split
- Liam Payne Death Investigation: 3 People of Interest Detained in Connection to Case
- Southern California wildfire moving 'dangerously fast' as flames destroy homes
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Michigan man sentenced to 30 years in prison for role in online child exploitation ring
- Amazon workers in Alabama will have third labor union vote after judge finds illegal influence
- A gunman has repeatedly fired at cars on a busy highway near North Carolina’s capital
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Innovation-Driven Social Responsibility: The Unique Model of AI ProfitPulse
Dexter Quisenberry Fuels an Educational Ecosystem, Pioneering a New Era of Smart Education
40 monkeys escape from Alpha Genesis research facility in South Carolina
Former longtime South Carolina congressman John Spratt dies at 82
Who are the billionaires, business leaders who might shape a second Trump presidency?
'Fat Leonard' contractor in US Navy bribery scandal sentenced to 15 years in prison
Rioters who stormed Capitol after Trump’s 2020 defeat toast his White House return