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Big Kmart stores ranged from 84,000 to 120,000 sq ft (7,800 to 11,100 m 2). Big Kmart stores also featured a garden center, a pharmacy, a branch of a local bank, a Jackson Hewitt tax center, an Olan Mills portrait studio, an arcade, a K-Café or Little Caesars Pizza Station, and sometimes a Kmart Express gas station.
6 days ago · 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's decline has largely been attributed to the success of other big-box retailers such as Walmart and Target, as well as the surge of online shopping, as reported by CNN.. The retailer was one ...
- The Origins of Kmart
- The Growth of Kmart
- The Blue Light Specials
- Early Signs of Decay & The First Bankruptcy
- Hanging by A thread?
- Where Did It All Go Wrong For Kmart?
- Final Thoughts
As of the time of writing this, there are just three Kmarts left. But during its heyday, there were well over 2,000 of them. But where did this store with the giant K come from? One of the most interesting things is that back in 1962, both Kmart and Walmart started within a few months of each other. Kmart seemed to have a bigger rise to prominence ...
Kresge obviously had a good handle on how retail stores operated. He also knew how to grow and expand them. Kmart was no different. The store rapidly expanded, and by 1977, Kmart was making a majority of the money for the Kresge Company. This is when they would change the name of the company to the Kmart Corporation. Kmarts were now everywhere, and...
Not to be confused with a red light special… This was actually a pretty ingenious piece of marketing. And it also may have been a bit ahead of its time. The blue light special started all the way back in the late 60s and ran until 1991. The concept seems pretty simple, but that’s what made it so effective. In case you don’t remember this, Kmart wou...
We often think of the downfall of Kmart happening in the last decade or so, but this was already the case in the 1980s and going into the 90s. Remember, by the end of the 80s, these stores had already been around for nearly 30 years. Many of them were getting rundown and looked outdated. And by the end of the 80s, the company had expanded to much m...
This story starts in the early 60s, picks up huge traction in the 1980s, peaks in 1994, then slowly begins a descent. We pick things up in 2006. Unbeknownst to us, Sears and Kmart are now essentially the same company. At their peak in 1994, there were 2,486 Kmart stores. In 2006, there were only 1388. This was a massive drop over that twelve-year p...
After looking back at all this, Kmart reminds me of the Black Knight from Monty Python. Despite being chopped down to size, he somehow remains and refuses to recognize his defeat (‘tis but a scratch). As usual, you can’t pinpoint the downfall of a company to one thing. There are obviously several that caused the decline of Kmart. I think the first ...
The last time I was in a Kmart was about 6 years ago. And it felt like I was walking back into the past. Yes, products and prices change, but the store didn’t seem to. Every time I walked into a Kmart, it felt like going into a time machine as everything seemed the same as when I was a kid. I’ll be honest, the Kmarts I had been to weren’t exactly t...
Sep 23, 2024 · Kmart, American retail chain with a history of marketing general merchandise primarily through discount and variety stores. It was founded in 1897 and became a leading retailer until struggling in the early 21st century. Kmart is a subsidiary of Sears Holdings Corporation.
Apr 25, 2021 · The S. S. Kresge Co., the country’s third-largest variety store chain in 1962, decided to establish a discount store prototype. After studying the competition and learning what did and didn’t...
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6 days ago · Kmart, which was once the largest discount retailer in the United States with roughly 2,300 stores in the early 1990s, is closing its last full-sized store located in Bridgehampton, NY.
