What Kmart stores are closing in Massachusetts?
Parent company Transformco released a list of upcoming closures Thursday. In Massachusetts, Sears stores in Auburn and Leominster are closing. Kmart stores in Billerica and Acton are also shutting their doors. In New Hampshire, Sears stores in Nashua and Concord are closing.
Is there any Kmart stores left?
The remaining Kmart location are clustered in isolated locations with about 25 in just five states: California, Florida, New Jersey, New York and Pennsylvania. And 11 are in U.S. territories: Puerto Rico, the Virgin Islands and Guam. Michigan, the original home of Kmart , has one remaining store .
Is Kmart in Hyannis MA closing?
Transformco has confirmed some of the closings to other media outlets, USA Today said. Following February’s closures and the potential Holyoke closure , there will be only be one Kmart remaining in Massachusetts — in Hyannis .
How many Kmart stores are still in business?
Yes, Kmart is still alive, but not well. Until very recently, Kmart operated over 2,100 stores in all 50 states. Now only 34 stores remain. And the stores that remain are sparsely stocked and in desperate need of attention.
Is Sears closing more stores in 2020?
Sears said in November that it planned to close 96 stores in February, including 51 Sears stores and 45 Kmart stores . Sears parent company Transform Holdco will operate just 182 stores after the closings .
Is Sears in Auburn still open?
The Auburn Mall Sears and The Mall at Whitney Field Sears in Leominster will be closed by February of next year as Sears , now owned by Illinois holding company Transformco, sheds over 40% of its Sears and Kmart locations around the country.
Is Kmart Online still in business?
Kmart still currently has stores in 47 states, Puerto Rico, the Virgin Islands and Guam, plus has quite the selection of online items. True to its beginnings, Kmart is still largely focused on retailing a wide range of goods at some of the lowest prices around.
Which Target stores will become Kmart?
Stores to rebrand as Kmart : Ayr (early-mid 2021) Beerwah (early-mid 2021) Bowen (early 2021) Charters Towers (early 2021) Chinchilla (early 2021) Dalby (early 2021) Gatton (early 2021) Goondiwindi (early 2021)
How many Kmart and Sears stores are left?
In early November, Transformco, which acquired Sears and Kmart out of bankruptcy in February 2019, said after 96 stores closed in February that the company would operate 182 stores .
Is Kmart in Holyoke closing?
HOLYOKE — Kmart , the one-time leading U.S. discount retailer that pioneered a well-known “Blue Light Special” advertising campaign in its heyday, will close its last store in western Massachusetts this spring.
What stores will go out of business in 2020?
Store closures in 2020 JCPenney JCP +4.4% : 158 stores (bankruptcy) Pier 1 Imports PIR -18.4% : 936 stores (bankruptcy) Stage Stores SSI -20% : 738 stores (liquidating) Stein Mart SMRT -10.7% : 250 est. AT&T T -0.7% : 250 stores. GameStop GME +5.4% : 320 stores. Macy’s M +1.4% : 125 stores (over 3 years)
How did Kmart fail?
Kmart’s profitability and sales peaked in 1992, and have since declined due to competition with Walmart, Target, and internet shopping. In 1994, Kmart announced they would close 110 stores. Unlike its competitors Walmart and Target, Kmart failed to invest in computer technology to manage its supply chain.
Is Radio Shack still in business 2020?
The good news is that as of today RadioShack has officially been purchased by Retail Ecommerce Ventures (REV), giving the troubled company a new lease on life. REV says they plan to relaunch the rather dated RadioShack website just in time for the company’s 100th anniversary in 2021.