Soon only three Kmart stores will open in the United States
The Kmart store in Avenal, New Jersey, about 15 miles south of New York City, is the latest store scheduled to close permanently on Saturday.
SB360 Capital Partners manages store closing sales Dissolution Company website.
In the retail world dominated by Walmart, Target and Amazon, according to several reports, the number of Kmarts in the United States – over 2,000 at a time – will be three in the Continental US and a few stores elsewhere. .
For now, Kmart stores in Continental US continue to operate in Westwood, New Jersey; Bridgehampton, Long Island, New York; And Miami, Florida.
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Transformco, which owns Kmart and Sears, did not respond to a request for comment and did not pick up phone numbers listed for the company, the Associated Press reported Monday.
Deadlines for Kmart and Sears?
Both Sears and Commart are owned by Sears Holdings, which filed for Chapter 11 bankruptcy protection in 2018 and escaped liquidation in early 2019. They were sold to Eddie Lambert, a longtime investor and CEO. Company Name Transformco.
Sears and Commart have closed more than 3,500 stores and cut about 250,000 jobs in the past 15 years.
Kmart’s decline was slow but steady, brought about by a drop in sales, changes in shopping habits, and the shadow of Walmart, which accidentally began its life a few months after Kmart was founded in 1962.
“Kmart was a part of America,” said Michael Lisicki, a Baltimore-based author who has authored several books on U.S. retail history. “Everybody went to Kmart whether you liked it or not. They had everything. You had toys. You had toys. You had candy. You had stationery. It was one for everyone. It was almost a community visit, just like a shopping visit. You can spend hours here. And these were points on the American landscape for many years.
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The Sears Store Locator website Not exactly until Monday. It still lists places that are already closed. For example, the company claimed that it was still Ft Lauderdale, Sears, Florida. News release Closed in January.
In that January release, Transformco announced its “go-forward store strategy” for Sears and Kmart, in conjunction with its Shop Your Way Rewards, to run a diverse portfolio of small to large, premier stores with a large number of small design stores. Take it. “
The company will “continue to explore both Hometown Stores and Home & Life Stores in cities and towns that previously had large format stores,” the report said.
The following are the remaining Kmart slots.
Florida’s Last Kmart Store:
- Miami: 14091 SW 88th St..
New Jersey Kmart Stores, A Closure:
- Avenal: 1550 St. George Ave. (Final Saturday)
- Westwood: 700 Broadway
Last New York Kmart Store:
- Bridgehampton: 2044 Montag Highway
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Contributed by: Associated Press
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