Kmart is shuttering its last full-scale store in the mainland United States.
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. 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.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.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kmart to close its final full-scale store in the United StatesKmart is shuttering its last full-scale store in the mainland United States.
Read more »
Era of High-Yields Is Ending - How to Prepare Your Portfolio For the Coming ShiftBonds Analysis by James Picerno covering: United States 3-Month, United States 2-Year, United States 10-Year, United States 30-Year. Read James Picerno's latest article on Investing.com
Read more »
United States National Parks Set to Receive Largest Gift in Their HistoryThe National Park Foundation is set to receive a huge grant that is the largest in the history of national parks in the United States.
Read more »
Iran's supreme leader opens door to negotiations with United States over Tehran's nuclear programIran’s supreme leader has opened the door to renewed negotiations with the United States over his country’s rapidly advancing nuclear program, telling its civilian government there was “no barrier” to engaging with its “enemy.
Read more »
Iran's supreme leader opens door to negotiations with United States over Tehran's nuclear programIran’s supreme leader has opened the door to renewed negotiations with the United States over his country’s rapidly advancing nuclear program, telling its civilian government there was “no barrier” to engaging with its “enemy.”.
Read more »
Iran's supreme leader opens door to negotiations with United States over Tehran's nuclear programIran’s supreme leader has opened the door to renewed negotiations with the United States over his country’s rapidly advancing nuclear program, telling its civilian government there was “no barrier” to engaging with its “enemy.”.
Read more »