Current:Home > ScamsKmart’s blue light fades to black with the shuttering of its last full-scale US store -WealthPro Academy
Kmart’s blue light fades to black with the shuttering of its last full-scale US store
View
Date:2025-04-15 12:31:54
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! (2767)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Minnesota city says Trump campaign still owes more than $200,000 for July rally
- Permits put on hold for planned pipeline to fuel a new Tennessee natural gas power plant
- How long is Aidan Hutchinson out? Updated injury timeline for Lions DE
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Mark Vientos 'took it personal' and made the Dodgers pay in Mets' NLCS Game 2 win
- FEMA workers change some hurricane-recovery efforts in North Carolina after receiving threats
- SEC, Big Ten considering blockbuster scheduling agreement for college football's new frontier
- Where will Elmo go? HBO moves away from 'Sesame Street'
- MLB playoffs averaging 3.33 million viewers through division series, an 18% increase over last year
Ranking
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Bills land five-time Pro Bowl WR Amari Cooper in trade with Browns
- Dolphins expect Tua Tagovailoa to play again in 2024. Here's what we know.
- Lilly Ledbetter, equal pay trailblazer who changed US law, dies at 86
- From bitter rivals to Olympic teammates, how Lebron and Steph Curry became friends
- Bills land five-time Pro Bowl WR Amari Cooper in trade with Browns
- Sofia Richie Shares New Glimpse at Baby Girl Eloise
- Halle Bailey Details “Crippling Anxiety” Over Leaving Son Halo for Work After DDG Split
Recommendation
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Social Security will pay its largest checks ever in 2025. Here's how much they'll be
Simu Liu Calls Out Boba Tea Company Over Cultural Appropriation Concerns
More than 400 7-Eleven US stores to close by end of the year
In ‘Nickel Boys,’ striving for a new way to see
The U.S. already has millions of climate refugees. Helene and Milton could make it worse.
Ozzy Osbourne Makes Rare Public Appearance Amid Parkinson's Battle
Utah mother who raised over $1 million for her funeral dies from cancer