Kmart to Close Last Full-Size Store in Continental U.S.
The Bridgehampton, New York location will shut its doors on October 20, leaving only a smaller store in Miami.
- The Bridgehampton store's closure marks the end of Kmart's era as a major retail chain in the continental U.S.
- Kmart's decline began in the late 1990s due to competition from Walmart, Target, and the rise of e-commerce.
- After merging with Sears in 2005, both brands struggled and filed for bankruptcy in 2018.
- Transformco, which acquired Kmart and Sears in 2019, has not commented on the store closure.
- Kmart still operates a few stores in Guam and the U.S. Virgin Islands, along with the smaller Miami location.