Last full-size Kmart in US to close [FOX Business Network]
Kimco Realty Corporation (HC) (KIM)
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Source: FOX Business Network
The last full-size Kmart store in the continental United States is set to close in October, leaving only one downsized location remaining, reports say. The department store chain, which once operated around 2,300 locations in the early 1990s, will shutter the full-size store in Bridgehampton, New York, on Oct. 20, Newsday is reporting, citing an employee there. That means a smaller Kmart store in Miami will become the last one remaining in the U.S. Kmart, which is now owned by Transformco, also has three stores in the U.S. Virgin Islands. Transformco did not immediately respond Monday to a request for comment from FOX Business, but a spokesperson for Kimco Realty Corp. – which owns the shopping centers where both Kmarts are located in New York and Florida – told Newsday that the Bridgehampton store will indeed be closing. The Kmart location in Bridgehampton has been open for 25 years, according to Newsday. Transformco says on its website that the first Kmart discount depart
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- Kmart to close its last remaining store in the U.S. Here's where it is. [Yahoo! Finance]Yahoo! Finance
- Kmart to close its last remaining store in the contiguous U.S. Here's where it is. [CBS News]CBS News
- Last full-size Kmart in US to close [Yahoo! Finance]Yahoo! Finance
- Dania Pointe Gives Back to the Alzheimer's Association During Annual Dania Pointe 5k Fun Run Under the Sun on Oct. 13PR Web
- Kimco Realty Corp (NYSE: KIM) had its price target raised by analysts at Evercore ISI from $22.00 to $23.00. They now have an "in-line" rating on the stock.MarketBeat
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