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Kmart

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Photo: Flickr/Phillip Pessar
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Once known as one of “the big three retailers” along with Walmart and Target, Kmart will be bidding adieu to sales and hello to liquidation, as it has taken a back seat to trendier shopping options.

Kmart has dwindled from 2200 stores in 2000 to less than 360 nationwide, leaving investors and parent company Sears scrambling to clean and tidy up the dying enterprise.

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