Last Full-Size Kmart in U.S. Prepares to Shut Down Permanently

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Posted on 09/23/2024 12:35:36 PM PDT by Red Badger

The doors to the last full-size Kmart store in the United States will close forever on October 20.

WJAR reported on Sunday that an employee confirmed the location in Bridgehampton, New York, will close up shop on that date.

“Kmart has been slowly closing stores for years since merging with Sears in 2005 under the management of hedge-fund CEO Eddie Lampert. Sears Holdings, the parent company of Kmart and Sears, filed for Chapter 11 bankruptcy in 2018,” the report said.

According to Fox Business, the department store chain ran about 2,300 locations in the 1990s. Transformco, which owns the smaller location in Miami, also owns a few stores in the U.S. Virgin Islands.

“Transformco says on its website that the first Kmart discount department store opened in 1962 in Garden City, Michigan,” the Fox article stated.

“The Miami Herald reports that the Kmart store there leased out nearly all of its former space to home goods store At Home. That Kmart location has now been reduced to what used to be the garden department of the original store,” the outlet added.

In August 2023, Fox 5 reported the last Kmart in New Jersey was shutting down, and residents shared their thoughts on the move:

VIDEO AT LINK..........

“It’s the end of an era. It’s yet another franchise that is gone. The whole world is changing, stores are disappearing,” one woman told the outlet.

(Excerpt) Read more at breitbart.com ...

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1 posted on 09/23/2024 12:35:36 PM PDT by Red Badger

To: Red Badger

2 posted on 09/23/2024 12:36:55 PM PDT by Magnum44 (...against all enemies, foreign and domestic... )

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