Why are Kmart Stores closing down? Kmart Corporation, famously known as Kmart, is an American company headquartered in Hoffman Estates, Illinois, United States. In 1899 the company was named S.S. Kresge Corporation but was replaced with Kmart Corp. in 1977. In 1962, Kmart operated its first store in Garden City, Michigan. Later, it was believed that in 1994, there were 2,486 retail stores operated by Kmart worldwide. Of these, 2,323 Kmart retail stores were in the United States only.
But the company faced a massive loss and reduced its size from more than 2,400 retail stores to nine in 2022. This drastic reduction was not stopped and was continuously reduced to three stores only in the continental United States.
Let’s read further regarding Kmart’s closure!
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Kmart Stores Closing 2023
In the U.S., the last couple of years after COVID-19 has become an epidemic as several companies have closed their stores, and some will close.
Such as Bed Bath & Beyond and Kmart also. We have hardly digested that many stores have been closed, including one of our favorites, i.e., Bed Bath & Beyond, but we need more. There is something more that will kill us!
With great disappointment, we are announcing that Kmart has declared to close all its stores worldwide and remaining only three stores. Whatever the reasons behind it, it is final that these all are happening just because of the financial hardships brought on across the world by COVID-19.
Kmart decided to shut all its stores along with Kmart, Disney closed around 60 of its stores located differently by September 15, 2022, Bed Bath & Beyond closed around 400 stores, and Victoria’s Secret removed 50 of its physical locations in 2019 and more than 240 stores in 2020.
Even though these companies shuttered their stores and still have many physical locations, Kmart is the only one that drastically reduced its size by closing all of its physical locations and remaining only 3 stores in the U.S.
Let’s find out how many stores have been closed by Kmart in the U.S., Is Kmart Stores Still Open, What is the reason behind its closure, When did Kmart open, and many more about Kmart.
So, guys, hold on and read what this blog says:
Kmart Location Closed Stores List
Let’s have a look at the list of the Kmart closed stores:
- 300 Highway 78 E, Jasper, Alabama
- 2003 US Hwy 280 Bypass, Phenix City, Alabama
- 3600 Wilson Road, Bakersfield, California
- 333 Sierra Street, Kingsburg, California
- 25 West Polk Street, Coalinga, California
- 3001 Lowa Avenue, Riverside, California
- 2809 North Ave, Grand Junction, Colorado
- 363 S Broadway, Denver, Colorado
- 1501 Normandy Village, Jacksonville, Florida
- 15271 Mcgregor Blvd, Fort Myers, Florida
- 1801 Northwest Hwy 19, Crystal River, Florida
- 501 N Beneva Road, Sarasota, Florida
- 2111 S Federal Hwy, Fort Pierce, Florida
- 45 Shunpike Road, Cromwell, Connecticut
- 19400 Cochran Blvd, Port Charlotte, Florida
- 2211 W Irlo Bronson Hwy, Kissimmee, Florida
- 4955 Golden Gate Parkway, Naples, Florida
- 4561 Salt Lake Blvd, Halawa/ Honolulu, Hawaii
- 33 W Montgomery, Savannah, Georgia
- 2851 Belt Line Parkway, Alton, Illinois
- 111 Town & Country Drive, Palatka, Florida
- 1601 Highway 40 East, Kingsland, Georgia
- 3200 Macon Road, Columbus, Georgia
- 365 Habersham Village Circle, Cornelia, Georgia
- 3810 University Avenue, Waterloo, Iowa
- 2600 Dodge Street, Dubuque, Iowa
- 5700 Gordon Drive, Sioux City, Iowa
- 4820 S 4th St Trafficway, Leavenworth, Kansas
- 4200 W Kellogg Dr, Wichita, Kansa
- 1460 West State Road, La Porte, Indiana
- 3655 Nameoki Road, Granite City, Illinois
- 750 Indian Boundary, Chesterton, Indiana
- 2815 West Parrish, Owensboro, Kentucky
- 3010 Fort Campbell Blvd, Hopkinsville, Kentucky
- 1710 West Highway 192, London, Kentucky
- 1501 Paris Pike, Georgetown, Kentucky
- 1400 S Clearview Parkway, New Orleans, Louisiana
- 115 South Airline Hwy, Gonzales, Louisiana
- 14662 N U.S. Highway 25 East, Corbin, Kentucky
- 191 Outer Loop Road, Louisville, Kentucky
- 2945 Scottsville Road, Bowling Green, Kentucky
- 1130 Newport Avenue, South Attleboro, Massachusetts
- 222 N Point Blvd, Baltimore, Maryland
- 9 Plaza Way, Fairhaven, Massachusetts
- 688 Hogan Road, Bangor, Maine
- 3555 O’Neil Drive, Jackson, Michigan
- 29600 Ford Road, Garden City, Michigan
- 40855 Ann Arbor Road, Plymouth, Michigan
- 5400 S Cedar Street, Lansing, Michigan
- 1396 South Main Street, Adrian, Michigan
- 1501 E Apple Ave, Lansing, Michigan
- 6455 US 31 N, Acme Township, Michigan
- 3541 Highland Road, Waterford, Michigan
- 165 Wayne Road, Westland, Michigan
- 17580 Frazho Road, Roseville, Michigan
- 1305 Highway 10 West, Detroit Lakes, Minnesota
- 6650 Manchester Ave, St Louis, Missouri
- 3101 S Glenstone Ave, Springfield, Missouri
- 1477 State Highway 248, Branson, Missouri
- 1003 S Bishop Ave, Rolla, Missouri
- 2304 Missouri Blvd, Jefferson City, Missouri
- 10405 S Eastern Ave, Henderson, Nevada
- Rte 9 & Rte 47, Rio Grande, New Jersey
- 1468 Clementon Road, Clementon, New Jersey
- 800 Black Horse Pike, Pleasantville, New Jersey
- 645 Highway 18, East Brunswick, New Jersey
- 4645 Commercial Drive, New Hartford, New York
- 102 New Market, Madison, North Carolina
- 1931 Skibo Road, Fayetteville, North Carolina
- 545 US Hwy 29 North, Concord, North Carolina
- 201 N Berkeley Blvd, Goldsboro, North Carolina
- 815 S College Road, Wilmington, North Carolina
- 225 West Avenue, New Boston, Ohio
- 1500 Coshocton Ave, Mount Vernon, Ohio
- 1005 East Columbus St, Kenton, Ohio
- 185 Upper River Road, Gallipolis, Ohio
- 4 East Shawnee St, Muskogee, Oklahoma
- 1284 Brice Road, Reynoldsburg, Ohio
- 3515 N Maple Avenue, Zanesville, Ohio
- I-70 & Mall Road, St. Clairsville, Ohio
- 1320 E Grandview Blvd, Erie, Pennsylvania
- 5600 Carlisle Pike U.S., 11 Mechanicsburg, Pennsylvania
- 5820 Shaffer Road, Dubois, Pennsylvania
- 1890 Fruitville Pile, Lancaster, Pennsylvania
- 100 Cross Roads Plz, Mt. Pleasant, Pennsylvania
- 120 Mall Blvd, Monroeville, Pennsylvania
- 8571 Rivers Avenue, North Charleston, South Carolina
- 3801 B Clemson Blvd, Anderson, South Carolina
- 254 Highway 72 Bypass, Greenwood, South Carolina
- 305 W Economy Road, Morristown, Tennessee
- 3020 W 12th St, Sioux Falls, South Dakota
- 9484 Dyer St, El Paso, Texas
- 1120 Mc Rae Blvd, El Paso, Texas
- 3061 S John Reddit Dr, Lufkin, Texas
- 1101 Fort Hood Street, Killeen, Texas
- 1355 West Main Street, Salem, Virginia
- 6101 N Military Hwy, Norfolk, Virginia
- 3655 Plank Road, Fredericksburg, Virginia
- 1419 Hershberger Road N W, Roanoke, Virginia
- 1153 W Highway 40, Vernal, Utah
- 2010 N Main St, Layton, Utah
- 250 Three Springs Drive, Weirton, West Virginia
- 731 Beverly Pike, Elkins, West Virginia
- 1050 Divison Street, Parkersburg, West Virginia
- 1840 Dell Range Blvd, Cheyenne, Wyoming
- 1425 E Highway 151, Platteville, Wisconsin
- 2211 S Green Bay Road, Racine, Wisconsin
- 5132 6th Ave, Tacoma, Washington
Why Did Kmart Close Its Stores?
Once, Kmart owned more than 2,400 stores in the country, but now only has 3. What is the reason behind it? Let’s have a look at the following:
In the 1990s, the company Kmart had massive competition from its opponents and other stores, including Walmart, Amazon, Target, and many more. It was a cut-throat competition, and the company found itself in the most significant issue because it could not compete with them. They gave up arms when they could not provide competitive pricing, which was one of the primary reasons for the company’s reduction.
Later, In January 2002, Kmart staved off bankruptcy and filed under Chapter 11. This is also one of the fundamental reasons for its closure. This has become one of the main reasons many other companies take a step back and announce closing their stores. Kmart declared it would close more than 250 locations after filing for Chapter 11 bankruptcy.
Eventually, the death day for many of Kmart’s stores came on April 16, 2022. According to the news outlet, the company said, “We are shuttering the doors to the Kmart in Avenel, New Jersey, on April 16.”
One of the representatives in Avenel stated just a month before closing Kmart store’s doors permanently, “You are always thinking about it because stores are closing all over, but it’s still sad.”
One of the Kmart employees, Michelle Yavorsky, said, “I will miss the place. A lot of people shopped here.”
Apart from employees’ and people’s reviews, the 24/7 Wall Street stated, “Kmart was part of America.” Michael Lisicky told the A.P., “Everybody 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 a shopping one. You could spend hours here. And these just dotted the American landscape over the years.”
Are Kmart Stores Still Open?
Yes, Kmart Stores are still open in the U.S.
The 3 remaining Kmart stores are there, and the company operates them in Bridgehampton, on New York’s Long Island, Westwood, New Jersey, and Miami.
After struggling for those years, Kmart closed and opened many stores, and now in the U.S., there is a total of 20 Kmart stores open as of March 28, 2023.
When Did Kmart Open?
Yes, you’ve heard it right! Kmart will make a comeback and is expected to be as early as possible in 2024. “Kmart closed its Meridian Mall store after the 2020 Covid lockdown, citing concerns about required earthquake strengthening. The retailer’s intentions remained unknown until about six weeks,” Mr. Dippie stated.
As many stores have already opened in the U.S.
Which Is The Biggest Kmart In The World?
The giant Kmart in the world is Guam, a huge shop that deals in a wide variety of food and non-food stuff. Guam has become a center of attraction for people from other Micronesian countries.
Wrapping Up
We’ve concluded that Kmart was struggling with a considerable loss that led the company to decline its area by shutting its physical locations. Despite all, the company has yet to close all the stores completely, but the remaining three stores in the U.S.
We hope this is a relief for those who love shopping with Kmart as they can continue shopping.