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
SignalHub View
Date:2025-04-11 05:23:23
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! (61141)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Wisconsin turnout in presidential race nears 73%
- Donald Trump Elected as President, Defeats Democratic Candidate Kamala Harris
- Damon Quisenberry: The Creator Behind DZ Alliance
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- AP Race Call: Democrat Shomari Figures elected to US House in Alabama’s 2nd Congressional District
- 4 ways Donald Trump’s election was historic
- President Joe Biden Speaks Out After Kamala Harris Defeated By Donald Trump
- $1 Frostys: Wendy's celebrates end of summer with sweet deal
- How Kevin Costner Is Still Central to Yellowstone’s Final Season Despite Exit
Ranking
- FBI: California woman brought sword, whip and other weapons into Capitol during Jan. 6 riot
- Dodgers star Shohei Ohtani undergoes shoulder surgery to repair labrum tear
- Chiefs’ Mahomes practicing as usual 2 days after tweaking his ankle in Monday night win over Bucs
- Ben Affleck praises 'spectacular' performance by Jennifer Lopez in 'Unstoppable'
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- Damon Quisenberry: The Creator Behind DZ Alliance
- Why AP hasn’t called the Pennsylvania Senate race
- Penn State Police investigating viral Jason Kelce incident with fan
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Barry Keoghan says he's 'not an absent father' after parenting criticism: 'It sickens me'
Election Day 2024: Selena Gomez, Reese Witherspoon, more stars urge voters to 'use our voices'
Elon Musk, Cardi B and More Stars React to Donald Trump, Kamala Harris Election Results
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Democrats lose trifecta in Michigan, hobbling Gov. Whitmer’s agenda
NBA trending up and down: What's wrong with Bucks, Sixers? Can Cavs keep up hot start?
Why AP called Florida for Trump