Current:Home > ContactKmart’s blue light fades to black with the shuttering of its last full-scale US store -PureWealth Academy
Kmart’s blue light fades to black with the shuttering of its last full-scale US store
View
Date:2025-04-19 01:05:03
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! (93)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Leandro De Niro-Rodriguez, Robert De Niro's grandson, dies at age 19
- JoJo Siwa's Bold Hair Transformation Is Perfect If You're Torn Between Going Blonde or Brunette
- Beyoncé Handles Minor Wardrobe Malfunction With Ease During Renaissance Show
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Lala Kent Reacts to Raquel Leviss' Tearful Confession on Vanderpump Rules Reunion
- Vanderpump Rules: Raquel Leviss Wanted to Be in a Throuple With Tom Sandoval and Ariana Madix
- Power Plants’ Coal Ash Reports Show Toxics Leaking into Groundwater
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- IPCC: Radical Energy Transformation Needed to Avoid 1.5 Degrees Global Warming
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- World’s Current Fossil Fuel Plans Will Shatter Paris Climate Limits, UN Warns
- Ohio Gov. DeWine asks Biden for major disaster declaration for East Palestine after train derailment
- Adam DeVine Says He Saw a Person Being Murdered Near His Hollywood Hills Home
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Selena Gomez Hilariously Flirts With Soccer Players Because the Heart Wants What It Wants
- United Airlines passengers affected by flight havoc to receive travel vouchers
- Why Hailey Bieber Says Her Viral Glazed Donut Skin Will Never Go Out of Style
Recommendation
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
Election 2018: Clean Energy’s Future Could Rise or Fall with These Governor’s Races
Game-Winning Father's Day Gift Ideas for the Sports Fan Dad
IRS warns of new tax refund scam
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Shop the Top-Rated Under $100 Air Purifiers That Are a Breath of Fresh Air
The Ultimatum: Queer Love Relationship Status Check: Who's Still Together?
Stormi Webster Is All Grown Up as Kylie Jenner Celebrates Daughter’s Pre-Kindergarten Graduation