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Apr 11, 2022 · The Kmart store in Avenel, New Jersey, 15 miles south of New York City, is the latest store scheduled to permanently close on Saturday. SB360 Capital Partners is managing the store closing...
Apr 11, 2022 · 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...
Feb 3, 2021 · Sears and Kmart have closed more than 3,500 stores and cut about 250,000 jobs in the past 15 years. Transformco announced in a mid-January news release that it completed the sale and assignment...
Aug 24, 2017 · NEW YORK (AP) — Sears Holdings Inc., which operates Sears and Kmart stores, announced further store closures Thursday, saying it will shutter 28 more Kmart stores. The retailer, which reported second-quarter results illustrating that its long-term turnaround struggle continues, had already closed 180 stores so far this year.
Apr 12, 2022 · End of an era: The decline and fall of the Kmart retail empire. As brick-and-mortar stores of all stripes struggle against online shopping and sector juggernaut Walmart, the once mighty big-box...
Sep 21, 2021 · Seven Sears and three Kmart stores are liquidating and closing by mid-November, according to Transformco. See the list of locations and the reasons behind the store closures.
Apr 12, 2022 · 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 US retailer to take that step—and announced it would close more than 250 stores.
