Current:Home > ScamsKmart’s blue light fades to black with the shuttering of its last full-scale US store -Ascend Wealth Education
Kmart’s blue light fades to black with the shuttering of its last full-scale US store
View
Date:2025-04-18 04:20:24
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! (76448)
Related
- A White House order claims to end 'censorship.' What does that mean?
- How To Make Your Home Smell Really, Really Good Ahead of the Holidays
- Full list of 2025 Grammy nominations: Beyonce, Taylor Swift, Charli XCX, more make the cut
- Despite Climate Concerns, Young Voter Turnout Slumped and Its Support Split Between the Parties
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Teachers in 2 Massachusetts school districts go on strike
- Will Smith and Jada Pinkett Smith Step Out for Dinner in Rare Public Appearance
- Prince William Says Princess Charlotte Cried the First Time She Saw His Rugged Beard
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Zac Taylor on why Bengals went for two-point conversion vs. Ravens: 'Came here to win'
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- The US election was largely trouble-free, but a flood of misinformation raises future concerns
- Boy, 13, in custody after trying to enter Wisconsin elementary school while armed, police say
- Man accused of illegally killing 15-point buck then entering it into Louisiana deer hunting contest
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Officials outline child protective services changes after conviction of NYPD officer in son’s death
- Husband of missing San Antonio woman is charged with murder
- Pregnant Sister Wives Star Madison Brush Reveals Sex of Baby No. 4
Recommendation
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
Man is charged in highway shootings around North Carolina’s capital city
Musk's 'golden ticket': Trump win could hand Tesla billionaire unprecedented power
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, EIEIO
South Korean president's party divided over defiant martial law speech
Rob Sheffield's new book on Taylor Swift an emotional jaunt through a layered career
Fighting misinformation: How to keep from falling for fake news videos
Brianna Chickenfry LaPaglia Speaks Out After Detailing Zach Bryan’s Alleged Emotional Abuse