Current:Home > reviewsKmart’s blue light fades to black with the shuttering of its last full-scale US store -ProfitZone
Kmart’s blue light fades to black with the shuttering of its last full-scale US store
View
Date:2025-04-16 08:43:44
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! (963)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Surgery patients face lower risks when their doctors are women, more research shows
- 'It Ends with Us' trailer: Blake Lively falls in love in Colleen Hoover novel adaptation
- Chargers schedule release video takes jab at Harrison Butker after kicker's comments on women
- A White House order claims to end 'censorship.' What does that mean?
- Rocky Mountains hiker disappears after texting friend he'd reached the summit of Longs Peak
- Blue Ivy Carter nominated for YoungStars Award at 2024 BET Awards
- Francis Ford Coppola debuts ‘Megalopolis’ in Cannes, and the reviews are in
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- A look at high-profile political assassinations and attempts this century
Ranking
- Trump invites nearly all federal workers to quit now, get paid through September
- EA Sports College Football 25 will be released July 19, cover stars unveiled
- The latest hot spot for illegal border crossings is San Diego. But routes change quickly
- Lawyer for family of slain US Air Force airman says video and calls show deputy went to wrong home
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Giddy Up for Miranda Lambert and Husband Brendan McLoughlin's Matching 2024 ACM Awards Looks
- 'I'm just grateful': Micropreemie baby born at 1 pound is finally going home after a long fight
- Every WNBA team to begin using charter flights by May 21
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Judge mulls wrong date of child’s death in triple murder case against Chad Daybell
US proposes ending new federal leases in nation’s biggest coal region
Brad Marchand says Sam Bennett 'got away with a shot,' but that's part of playoff hockey
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Mosque attack in northern Nigeria leaves 8 people dead. Police say the motive was a family dispute
Venezuela’s barred opposition candidate is now the fiery surrogate of her lesser-known replacement
'Bridgerton' Season 3 is a one-woman show (with more sex): Review