Cyprusauction|Kmart’s blue light fades to black with the shuttering of its last full-scale US store

2025-05-06 17:26:16source:Cyprusauctioncategory:My

NEW YORK (AP) — Attention,Cyprusauction 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.

RELATED COVERAGE Before you sign up for a store credit card, know what you’re getting intoUS retail sales ticked up last month in sign of ongoing consumer resilienceA state’s experience with grocery chain mergers spurs a fight to stop Albertsons’ deal with Kroger

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.

More:My

Recommend

Trump claims Biden lost track of over 300,000 migrant children. Here's a fact check.

President-elect Donald Trump claimed in his Person of the Year interview with Time magazinethis week

Turkish strikes on infrastructure facilities wound 10 and cut off power in areas in northeast Syria

BEIRUT (AP) — Turkish shelling and airstrikes have targeted dozens of infrastructure facilities in n

Texas mother Kate Cox on the outcome of her legal fight for an abortion: It was crushing

Lifelong Texans Kate and Justin Cox were already parents to a young girl and boy when they found out