Current:Home > MyTurn out the blue light: Last full-size Kmart store in continental US to close -Dynamic Wealth Bridge
Turn out the blue light: Last full-size Kmart store in continental US to close
View
Date:2025-04-27 07:21:56
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! (5)
Related
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Denzel Washington teases retirement — and a role in 'Black Panther 3'
- 2 dead in explosion at Kentucky factory that also damaged surrounding neighborhood
- Kentucky officer reprimanded for firing non-lethal rounds in 2020 protests under investigation again
- Louvre will undergo expansion and restoration project, Macron says
- Bev Priestman fired as Canada women’s soccer coach after review of Olympic drone scandal
- Garth Brooks wants to move his sexual assault case to federal court. How that could help the singer.
- Dallas Long, who won 2 Olympic medals while dominating the shot put in the 1960s, has died at 84
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- New Yorkers vent their feelings over the election and the Knicks via subway tunnel sticky notes
Ranking
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- John Krasinski named People magazine’s 2024 Sexiest Man Alive
- Gigi Hadid and Bradley Cooper Prove They're Going Strong With Twinning Looks on NYC Date
- Hurricane-damaged Tropicana Field can be fixed for about $55M in time for 2026 season, per report
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- 15 new movies you'll want to stream this holiday season, from 'Emilia Perez' to 'Maria'
- Disruptions to Amtrak service continue after fire near tracks in New York City
- Panel advises Illinois commemorate its role in helping slaves escape the South
Recommendation
Meet first time Grammy nominee Charley Crockett
Women’s baseball players could soon have a league of their own again
Tom Brady Admits He Screwed Up as a Dad to Kids With Bridget Moynahan and Gisele Bündchen
American Idol’s Triston Harper, 16, Expecting a Baby With Wife Paris Reed
DoorDash steps up driver ID checks after traffic safety complaints
Hurricane-damaged Tropicana Field can be fixed for about $55M in time for 2026 season, per report
Song Jae-lim, Moon Embracing the Sun Actor, Dead at 39
The Best Gifts for People Who Don’t Want Anything