Current:Home > ContactTurn out the blue light: Last full-size Kmart store in continental US to close -Prime Capital Blueprint
Turn out the blue light: Last full-size Kmart store in continental US to close
Chainkeen View
Date:2025-04-06 15:44:53
The blue light is all but turned off as Kmart is set to close its last full-sized store in the continental United States.
An associate at the Bridgehampton, New York confirmed that the store is scheduled to close on Oct. 20 when USA TODAY called the location.
The Bridgehampton store, approximately 95 miles east of Manhattan, is one of two Kmart locations remaining in the continental U.S. The location soon to become the last store, located in Miami, is smaller with a limited range of products, according to CNN.
Transformco, the owner of Kmart and Sears, did not respond to a request for comment from USA TODAY Monday.
Sears, Kmart on last legs
At its peak, Kmart had well over 2,000 locations in the U.S. and was among the nation's retail giants.
Kmart merged with Sears in 2005 in a deal engineered by hedge fund manager and CEO Eddie Lampert.
The combined companies fell behind as e-commerce grew and consumer preferences changed.
The merged company filed for Chapter 11 bankruptcy protection in 2018 and narrowly escaped liquidation in early 2019.
It was sold to Lampert, who has kept the brands alive on a shoestring budget.
Kmart locations dwindled under Transformco, leaving only the Bridgehampton and Miami locations in the continental U.S. and locations in the U.S. Virgin Islands and Guam.
Together, Sears and Kmart have closed more than 3,500 stores and cut about 250,000 jobs in the past 15 years.
Contributing: Kelly Tyko
veryGood! (7356)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- 2 dead in Mozambique protests over local election results, watchdog says. Police say 70 arrested
- War-weary mothers, wives and children of Ukrainian soldiers demand a cap on military service time
- U2's free Zoo Station exhibit in Las Vegas recalls Zoo TV tour, offers 'something different'
- $73.5M beach replenishment project starts in January at Jersey Shore
- Maine’s close-knit deaf community is grieving in the wake of shootings that killed 4 beloved members
- When a man began shooting in Maine, some froze while others ran. Now they’re left with questions
- How a South Dakota priest inspired 125 years of direct democracy — and the fight to preserve it
- $73.5M beach replenishment project starts in January at Jersey Shore
- Live updates | Israeli forces conduct another ground raid in Gaza ahead of expected invasion
Ranking
- Small twin
- Rush hour earthquake jolts San Francisco, second in region in 10 days
- Cruise, GM’s robotaxi service, suspends all driverless operations nationwide
- Probe finds ‘serious failings’ in way British politician Nigel Farage had his bank account closed
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Israel resists U.N.'s calls for ceasefire as Hamas says Gaza death toll is soaring
- Wisconsin judge rules that GOP-controlled Senate’s vote to fire top elections official had no effect
- Israeli military says warplanes are bombing Hamas tunnels in Gaza, signaling new stage in offensive
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Acapulco residents are fending for themselves in absence of aid
Search for Maine shooting suspect leveraged old-fashioned footwork and new technology
EPA to strengthen lead protections in drinking water after multiple crises, including Flint
Meta releases AI model to enhance Metaverse experience
Where you’ve seen Atlanta, dubbed the ‘Hollywood of the South,’ on screen
The sudden death of China’s former No. 2 leader Li Keqiang has shocked many
At least 21 dead in Kazakhstan coal mine fire