Current:Home > ScamsKmart’s blue light fades to black with the shuttering of its last full-scale US store -AssetLink
Kmart’s blue light fades to black with the shuttering of its last full-scale US store
View
Date:2025-04-27 21:25:38
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! (48172)
Related
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- National Cathedral replaces windows honoring Confederacy with stained-glass homage to racial justice
- Pope Francis insists Europe doesn’t have a migrant emergency and challenges countries to open ports
- How North Carolina farmers are selling their grapes for more than a dollar per grape
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- UK regulators clear way for Microsoft and Activision merger
- Germany considering short-term migration border controls with Poland and the Czech Republic
- NASCAR Texas playoff race 2023: Start time, TV, streaming, lineup for AutoTrader EchoPark Automotive 400
- Tom Holland's New Venture Revealed
- Seattle police officer put on leave after newspaper reports alleged off-duty racist comments
Ranking
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- A Black student’s family sues Texas officials over his suspension for his hairstyle
- These Best-Selling, Top-Rated Amazon Bodysuits Are All $25 & Under
- Judge hits 3 home runs, becomes first Yankees player to do it twice in one season
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Croatian police detain 9 soccer fans over the violence in Greece last month that killed one person
- Uganda’s president says airstrikes killed ‘a lot’ of rebels with ties to Islamic State in Congo
- 2 dead, 2 hurt following early morning shooting at Oahu boat harbor
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
3 shot and killed in targeted attack in Atlanta, police say
3-year-old boy found dead in Rio Grande renews worry, anger over US-Mexico border crossings
A month after Prigozhin’s suspicious death, the Kremlin is silent on his plane crash and legacy
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Tarek El Moussa Is Getting Candid on “Very Public” Divorce From Christina Hall
Summer 2023 ends: Hotter summers are coming and could bring outdoor work bans, bumpy roads
Back in full force, UN General Assembly shows how the most important diplomatic work is face to face