Kmart's closure of its last full-size store in the mainland U.S. marks the end of an era for a retailer that once thrived among discount outlets.
The imminent closure of Kmart in Bridgehampton illustrates the challenges faced by once-prominent retail chains, especially in the wake of enhanced competition from Walmart and Target.
Kmart was known for its blue light specials, a marketing tactic that became iconic during its heyday, but ultimately could not withstand evolving market dynamics.
Despite a legacy dating back to the late 19th century, Kmart's decline was a result of not adapting to the modern retail landscape dominated by online shopping and superstores.
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