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Former retail giant Kmart nears extinction as closure reduces US store count to 3

In its heyday, Kmart operated well over 2,000 stores and was firmly a piece of American culture
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While many shelves are empty, furniture and fixtures are on still on sale at the Kmart in Avenel, N.J., Monday, April 4, 2022. When the Kmart in Avenel closes its doors on April 16, it will leave only three remaining U.S. locations for the former retail powerhouse. ItB次元官网网址檚 a far cry from the chainB次元官网网址檚 heyday in the 1980s and B次元官网网址90s when it had more than 2,000 stores and sold product lines endorsed by Martha Stewart and former B次元官网网址淐harlieB次元官网网址檚 AngelB次元官网网址 Jaclyn Smith. (AP Photo/Seth Wenig)

The familiar sights and sounds are still there: the scuffed and faded floor tiles, the relentless beige-on-beige color scheme, the toddlersB次元官网网址 clothes and refrigerators and pretty much everything in between.

ThereB次元官网网址檚 even a canned recording that begins, B次元官网网址淎ttention, Kmart shoppersB次元官网网址 B次元官网网址 except itB次元官网网址檚 to remind folks about COVID-19 precautions, not to alert them to a flash sale over in ladiesB次元官网网址 lingerie like days of old.

Many of the shelves are bare, though, at the Kmart in Avenel, New Jersey, picked over by bargain hunters as the store prepares to close its doors for good April 16.

Once it shutters, the number of Kmarts in the U.S. B次元官网网址 once well over 2,000 B次元官网网址 will be down to three in the continental U.S. and a handful of stores elsewhere, according to multiple reports, in a retail world now dominated by Walmart, Target and Amazon.

The demise of the the store in the middle-class suburb, 15 miles (24 kilometers) south of New York City, is the tale of the death of the discount department store writ small.

B次元官网网址淵ouB次元官网网址檙e always thinking about it because stores are closing all over, but itB次元官网网址檚 still sad,B次元官网网址 said cashier Michelle Yavorsky, who said she has worked at the Avenel store for 2 1/2 years. B次元官网网址淚B次元官网网址檒l miss the place. A lot of people shopped here.B次元官网网址

In its heyday, Kmart sold product lines endorsed by celebrities Martha Stewart and Jaclyn Smith, sponsored NASCAR auto races and was mentioned in movies including B次元官网网址淩ain ManB次元官网网址 and B次元官网网址淏eetlejuice.B次元官网网址 It was name-dropped in songs by artists from Eminem to the Beastie Boys to Hall & Oates; in 2003, Eminem bought a 29-room, suburban Detroit mansion once owned by former Kmart chairman Chuck Conaway.

The chain cemented a place in American culture with its Blue Light Specials, a flashing blue orb affixed to a pole that would beckon shoppers to a flash sale in progress. Part of its success was due to its early adoption of layaway programs, which allowed customers who lacked credit to reserve items and pay for them in installments.

For a time, Kmart had a little bit of everything: You could shop for your kidsB次元官网网址 back-to-school supplies, get your car tuned up and grab a meal without leaving the premises.

B次元官网网址淜mart was part of America,B次元官网网址 said Michael Lisicky, a Baltimore-based author who has written several books on U.S. retail history. B次元官网网址淓verybody went to Kmart, whether you liked it or not. They had everything. You had toys. You had sporting goods. You had candy. You had stationery. It was something for everybody. This was almost as much of a social visit as it was a shopping visit. You could spend hours here. And these just dotted the American landscape over the years.B次元官网网址

KmartB次元官网网址檚 decline has been slow but steady, brought about by years of falling sales, changes in shopping habits and the looming shadow of Walmart, which coincidentally began its life within months of KmartB次元官网网址檚 founding in 1962.

Struggling to compete with WalmartB次元官网网址檚 low prices and TargetB次元官网网址檚 trendier offerings, Kmart filed for Chapter 11 bankruptcy protection in early 2002 B次元官网网址 becoming the largest U.S. retailer to take that step B次元官网网址 and announced it would close more than 250 stores.

A few years later, hedge fund executive Edward Lampert combined Sears and Kmart and pledged to return them to their former greatness, but the recession and the rising dominance of Amazon contributed in derailing those goals. Sears filed for Chapter 11 in 2018 and currently has a handful of stores left in the U.S. where it once had thousands.

Kmarts continue to operate in Westwood, New Jersey; Bridgehampton, on New YorkB次元官网网址檚 Long Island, and Miami.

It didnB次元官网网址檛 have to end this way, according to Mark Cohen, director of retail studies at Columbia University in New York and former CEO of Sears Canada. Trying to compete with Walmart on price was a foolish strategy, he said, and Lampert was criticized for not having a retail background and appearing more interested in stripping off the assets of the two chains for their cash value.

B次元官网网址淚tB次元官网网址檚 a study in greed, avarice and incompetence,B次元官网网址 Cohen said. B次元官网网址淪ears should have never gone away; Kmart was in worse shape, but not fatally so. And now theyB次元官网网址檙e both gone.

B次元官网网址淩etailers fall by the wayside sometimes because theyB次元官网网址檙e selling things people donB次元官网网址檛 want to buy,B次元官网网址 he continued. B次元官网网址淚n the case of Kmart, everything they used to sell, people are buying but theyB次元官网网址檙e buying it from Walmart and Target.B次元官网网址

Transformco, which owns Kmart and Sears, did not respond to an email seeking comment and a phone number listed for the company was not taking messages.

Nationwide, some former Kmarts remain vacant while others have been replaced by other big-box stores, fitness centers, self-storage facilities, even churches. One former site in Colorado Springs, Colorado, is now a popular dine-in movie theater.

Employees at the Kmart in Avenel found out last month that the store would close.

Unlike 20 years ago, when news of impending Kmart closures around the country prompted an outpouring of support from loyal shoppers and a Detroit radio station even mounted a campaign to try and save a local store, the closing of the Avenel location was met mostly with an air of resignation.

B次元官网网址淚tB次元官网网址檚 maybe a little nostalgic because IB次元官网网址檝e lived my whole life in this area, but itB次元官网网址檚 just another retail store closing,B次元官网网址 said Jim Schaber, a resident of nearby Iselin who said his brother worked in the shoe department at Kmart for years. B次元官网网址淚tB次元官网网址檚 just another sign of people doing online shopping and not going out to the retail stores.B次元官网网址

The closing packed a little more of an emotional punch for Mike Jerdonek, a truck driver who recalled shopping at Kmart in Brooklyn and Queens in his younger days.

B次元官网网址淚tB次元官网网址檚 like history passing right in front of our eyes,B次元官网网址 he said as he sat in his car outside the Avenel store. B次元官网网址淲hen I was younger I didnB次元官网网址檛 have any money, so it was a good place to shop because the prices were cheap. And to see it gone right now, itB次元官网网址檚 kind of sad.B次元官网网址

B次元官网网址擠avid Porter, The Associated Press





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