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Kmart (/ ˈ k eɪ m ɑːr t / KAY-mart), formerly legally registered as Kmart Corporation, now operated by Transformco, is a department store chain, and an online retailer in the United States and its territories and operates six remaining Kmart big-box department stores — 3 in the US Virgin Islands [5] [6] [7] and one each in Kendale Lakes, Florida (Miami postal address); [4] Bridgehampton ...
Kmart, once one of America’s leading discount retailers, is closing its last full-size store in the mainland United States. The store, in Bridgehampton, New York, on Long Island, is due to close ...
Kmart had 17 locations open by the end of the year, and reached 162 stores by 1966. By 1976, Kmart had expanded to 1,206 locations and over 2,000 stores by 1981. But by the early 2000s, the ...
The former international headquarters of Kmart Corporation was located at 3100 W. Big Beaver Road in Troy, Michigan. The building, on the northwest side of the intersection of W. Big Beaver Road and Coolidge Highway, used to employ thousands of people, but had been vacant since 2006. The building was erected in 1969, designed by Smith, Hinchman ...
In 1990 Kmart began a major restructuring and remodeling effort while competing against Walmart, resulting in financial difficulties for Kmart. In February 1990, when Kmart announced its refurbishing program, plans were to close and relocate about 300 Kmart stores, to expand about 620 stores, and to remodel the remaining 1,250 stores.
By the 1990s, Kmart had 2,300 stores around the US, with 350,000 employees. However, K Mart Corporation filed for Chapter 11 bankruptcy protection in 2002 and merged with Sears Holdings in 2005.
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