ANAHEIM—A Kmart store here will be among 72 shuttered by the nation’s third-largest retailer as it downsizes in order to compete with the likes of Target Stores Inc., Wal-Mart and the big home improvement chains.The local store is a Super Kmart at 1095 S. Pullman Ave., which employs 148 workers. A regular Kmart is located nearby on Katella Avenue. Kmart will try to move as many employees as possible to the other store as possible, company officials say. The store closures, scheduled to occur on Nov. 1, will affect a total of 5,000 employees. The retail chain is in the middle of year-long plan to build its presence on the Internet as well as renovate and open new stores. Kmart, which earned $403 million on revenue of $35.9 billion in fiscal 1999, operates 2,171 stores.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.