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BREAKING NEWS

LIVE: State Attorney’s Office hosts Outstanding Law Enforcement Officer Awards

EDDIE LAMPERT


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Kmart's blue light fades to black with the shuttering of its last full-scale US store

Read full article: Kmart's blue light fades to black with the shuttering of its last full-scale US store

Attention, Kmart shoppers, the end is near.

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Once a retail giant, Kmart nears extinction after closure

Read full article: Once a retail giant, Kmart nears extinction after closure

When the Kmart in Avenel, New Jersey, closes its doors on April 16, it will leave just a handful of remaining U.S. locations for the former retail powerhouse.

No description available

Sears' future is still in doubt 1 year after bankruptcy filing

Read full article: Sears' future is still in doubt 1 year after bankruptcy filing

And there are signs that the store's future may be in greater doubt than when it emerged from Chapter 11 in February. At the time it exited bankruptcy there were more than 400 Sears and Kmart stores, down from about 1,000 a year earlier. Company plans called for modest additional closings of 30 of 191 remaining Kmarts by the end of this year. In August it announced plans to shutter another 21 Sears stores and five Kmarts. Eddie Lampert, Sears' majority owner, gave up his CEO title on the day of the bankruptcy filing, retaining the chairman position.

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