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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 Long Island Sears Closure Announced New Long Island Sears Closure Announced
New Long Island Sears Closure Announced Another Sears store is closing on Long Island, this one being the longstanding location in the Smith Haven Mall. After 50 years, Sears in the mall located in Lake Grove will officially close on Wednesday, May 6, eliminating 77 jobs.  The company filed paperwork with the state’s Department of Labor announcing the closure on Thursday, Feb. 6. The closure leaves only three Sears stores left on Long Island in Massapequa, Valley Stream and Bridgehampton. There has been a rash of closures of Sears and Kmart locations throughout New York following Transformco’s purchase of the ass…

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by Zak Failla
Business
Here's How Many Will Lose Job When Kmart's Bohemia Store Closes Here's How Many Will Lose Job When Kmart's Bohemia Store Closes
Here's How Many Will Lose Job When Kmart's Bohemia Store Closes Nearly 100 employees will be out of a job when Kmart in Bohemia shutters its doors as part of a reorganization by its parent company, Transformco. Earlier this year, Transformco purchased the assets of Sears Holing Corporation, announcing that it would be closing 96 Kmart and Sears stores nationwide, including several in New York State. Among the stores being closed is the Kmart location on Sunrise Highway in Bohemia, which will cost approximately 78 employees their jobs. When it closes, there will only be one Kmart location left on Long Island, on Montauk Highway in Bridgehampton. Earli…

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by Zak Failla
Business
Closure Of Bohemia Store Will Leave Long Island With Just One Kmart Closure Of Bohemia Store Will Leave Long Island With Just One Kmart
Closure Of Bohemia Store Will Leave Long Island With Just One Kmart Another one bites the dust. The latest round of store closing by Kmart’s parent company, Transformco, which purchased the assets of Sears Holding Corporation earlier this year, will leave Long Island with just one Kmart location, as the Bohemia store is set to shutter its doors. That store is expected to begin motions to close its doors next month. The only remaining Kmart location on Long Island will be on Montauk Highway in Bridgehampton. "Since purchasing substantially all the assets of Sears Holdings Corporation in February 2019, Transformco has faced a difficult retail environment an…

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by Zak Failla