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Transformco

Business
NY Is Home To One Of Kmart's Four Remaining US Stores NY Is Home To One Of Kmart's Four Remaining US Stores
NY Is Home To One Of Kmart's Four Remaining US Stores Kmart is largely gone but not forgotten in one New York community, which boasts one of just four locations still standing in the US. For years, the former big-box store giant has been shuttering the doors of its brick-and-mortar locations as it faced increased competition from online retailers. At its peak in the 1990s, Kmart has upwards of 2,400 stores and 350,000 employees throughout the US, though with new closures announced across the country, the store is down to just four locations remaining, including one on Long Island. In Suffolk County, the Bridgehampton Kmart location on Montau…

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by Zak Failla
Business
New Sears Closure Announced In Hudson Valley New Sears Closure Announced In Hudson Valley
New Sears Closure Announced In Hudson Valley Another one bites the dust. A new Sears location in the Hudson Valley is set to shut its doors amid massive nationwide closures of traditional brick-and-mortar stores. Sears at the Poughkeepsie Galleria will be the latest to close, with signs going up reading “store closing sale,” and “everything must go” throughout the store. Transformco, Sears’ parent company, has been liquidating dozens of Sears and Kmart locations after acquiring the assets of Sears Holding Corporation last year. No official date has been set for the Poughkeepsie closing. Sears and Kmart have closed thousands of job…

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by Zak Failla