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The first store with the Kmart name opened in 1962 in Garden City, Michigan. At its peak in 1994, Kmart operated 2,486 stores globally, including 2,323 discount stores and Super Kmart Center locations in the United States. From 2005 through 2019, Kmart was a subsidiary of Sears Holdings Corporation.
Ollie's Bargain Outlet Holdings, Inc., commonly referred to as Ollie's Bargain Outlet is an American chain of discount closeout retailers.It was founded in Mechanicsburg, Pennsylvania, in 1982 by Morton Bernstein and Mark L. Butler with backing from Harry Coverman and Oliver E. "Ollie" Rosenberg; the latter of whom is the namesake of the company.
Discount superstores such as Walmart or Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such.
Get an extra 20% off most items at Kmart during their friends and family sale this Sunday, Nov. 7. (The sale is tomorrow, Nov. 6, 2010, in Utah, Idaho, and New Jersey.) Print the Kmart sale coupon.
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The concept consisted of approximately 9,000 square metres comprising a Kmart discount department store and supermarket within one retail space. Super Kmart was expanded to 34 locations by 1990 when the concept was discontinued and the stores split into separate Kmart discount department stores and Coles New World supermarkets.
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