Kmart was once revered for its “blue light specials,” but the last full-size brick-and-mortar location on the U.S. mainland will close its doors this weekend Sara Belcher is a digital news ...

Kmart is closing its last big-box store in the contiguous U.S., employees with the company told CBS MoneyWatch, capping the retreat of what was once America's dominant discount retailer.

Sears is struggling to stay afloat. In the first quarter of 2018, same-store sales fell by 13.4% at Sears stores and by 9.5% at Kmart. Earlier in June, Sears Holdings announced it would be closing ...