India  

Kmart To Only Have 3 Remaining US Stores Following Closure in New Jersey

Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Kmart To Only Have 3 Remaining US Stores Following Closure in New Jersey

Kmart To Only Have 3 Remaining US Stores Following Closure in New Jersey

Kmart To Only Have , 3 Remaining US Stores, Following Closure in New Jersey.

ABC News reports that a Kmart store in Avenel, New Jersey, is set to close its doors for good on April 16.

When it does, there will only be 3 Kmart stores left in the United States.

In its heyday, the chain boasted over 2,000 locations.

Author Michael Lisicky, who's written books about United States retail history, says "Kmart was part of America.".

Everybody went to Kmart, whether you liked it or not.

They had everything.

You had toys.

You had sporting goods.

You had candy.

You had stationery.

It was something for everybody.

, Michael Lisicky, author, via ABC News.

This was almost as much of a social visit as it was a shopping visit.

You could spend hours here.

And these just dotted the American landscape over the years, Michael Lisicky, author, via ABC News.

But Walmart, Target and Amazon now dominate the retail world.

ABC News reports Kmart filed for Chapter 11 bankruptcy protection in 2002.

Sears and Kmart were later combined by hedge fund executive Edward Lampert in an attempt to bolster the failing businesses, but Sears filed for Chapter 11 in 2018.

Sears and Kmart were later combined by hedge fund executive Edward Lampert in an attempt to bolster the failing businesses, but Sears filed for Chapter 11 in 2018.

Sears and Kmart were later combined by hedge fund executive Edward Lampert in an attempt to bolster the failing businesses, but Sears filed for Chapter 11 in 2018.

Sears and Kmart were later combined by hedge fund executive Edward Lampert in an attempt to bolster the failing businesses, but Sears filed for Chapter 11 in 2018.

It’s a study in greed, avarice and incompetence.

Sears should have never gone away; Kmart was in worse shape, but not fatally so.

And now they’re both gone, Mark Cohen, director of retail studies at Columbia University in New York and former CEO of Sears Canada, via ABC News.

The last remaining Kmart stores will now be in Westwood, New Jersey, Bridgehampton on Long Island in New York and Miami


You Might Like


💡 newsR Knowledge: Other News Mentions

New Jersey New Jersey U.S. state

Massive fireball lights up night sky of New Jersey, marks a week of bizarre phenomena | Oneindia [Video]

Massive fireball lights up night sky of New Jersey, marks a week of bizarre phenomena | Oneindia

Early in the morning on Wednesday, April 10, the night sky over New Jersey was unexpectedly illuminated by a massive fireball streaking across it. This remarkable event marks the third extraordinary natural phenomenon observed in the United States this week, following a rare earthquake and a total solar eclipse. Reports suggest that the sudden blaze of light may have been caused by a meteor hurtling towards the earth, possibly landing somewhere within New Jersey's Garden State or its surrounding areas. #NewJerseyFireball #BizarrePhenomena #NightSkySpectacle #MeteorMadness #AstrologyWonders #EpicFireball #CelestialDisplay #WeekOfWonder #MeteorMystery #SkyLitUp ~PR.152~ED.194~

Credit: Oneindia    Duration: 02:01Published
4.8-Magnitude Earthquake Hits US East Coast [Video]

4.8-Magnitude Earthquake Hits US East Coast

4.8-Magnitude Earthquake , Hits US East Coast. NBC reports that the East Coast of the United States was struck by an earthquake on April 5 which was felt from Maryland to Maine. According to the U.S. Geological Survey, the earthquake struck just before 10:30 a.m. local time and was measured at a 4.8-magnitude. . There were no initial reports of any major damage. According to New York Governor Kathy Hochul, the quake could be felt across the state. . My team is assessing impacts and any damage that may have occurred, and we will update the public throughout the day, Kathy Hochul, New York Governor, via NBC. New Jersey Governor Phil Murphy said that the state's emergency operations center had been activated. New Jersey Governor Phil Murphy said that the state's emergency operations center had been activated. As a result of the quake, the Port Authority Transit Corp. suspended service between Pennsylvania and New Jersey. . Crews will inspect the integrity of the line out of an abundance of caution. Once inspection is complete, service will resume. No timeframe. Updates to follow, Port Authority Transit Corp. statement, via X. Meanwhile, New York’s Metropolitan Transportation Authority said service would not be impacted by the quake, and teams would be inspecting train lines for damage. NBC reports that earthquakes are a rare occurrence in the Northeast, however in February of 2023, Buffalo, New York, was struck by a 3.8-magnitude quake

Credit: Wibbitz Top Stories    Duration: 01:30Published
DOJ Sues Apple for Monopolizing Smartphone Market [Video]

DOJ Sues Apple for Monopolizing Smartphone Market

DOJ Sues Apple , for Monopolizing Smartphone Market. The Justice Department and 16 state attorneys general filed suit against Apple on March 21 in New Jersey, 'The Hill' reports. . The complaint alleges that the tech company constructed a "dominant iPhone platform and ecosystem," . and "rather than respond to competitive threats by offering lower smartphone prices to consumers or better monetization for developers,". Apple enforced a "series of shapeshifting rules and restrictions" in the App Store. It has deployed this playbook across many technologies, products, and services, including super apps, text messaging, smartwatches, and digital wallets, among many others, Via complaint. Today’s lawsuit seeks to hold Apple accountable and ensure it cannot deploy the same, unlawful playbook in other vital markets, Via complaint. In its defense, Apple claimed that the lawsuit "threatens who we are and the principles that set Apple products apart in fiercely competitive markets.". If successful, [this lawsuit] would hinder our ability to create the kind of technology people expect from Apple—where hardware, software, and services intersect, Apple, via statement. It would also set a dangerous precedent, empowering government to take a heavy hand in designing people’s technology. , Apple, via statement. We believe this lawsuit is wrong on the facts and the law, and we will vigorously defend against it, Apple, via statement

Credit: Wibbitz Top Stories    Duration: 01:30Published

ABC News ABC News News division of the American Broadcasting Company

Kiss Sells Catalog, Brand Name and IP [Video]

Kiss Sells Catalog, Brand Name and IP

Kiss Sells Catalog, , Brand Name and IP. Pophouse Entertainment Group has bought the rock band's catalog, brand name and intellectual property in a deal worth over $300 million, ABC News reports. . Björn Ulvaeus of ABBA co-founded Pophouse. When Kiss played their last show in December, they revealed digital avatars of themselves, ABC News reports. Pophouse partnered with George Lucas' company, Industrial Light & Magic, to create the avatar technology. The "ABBA Voyage" show in London featured an entire performance with the Swedish band's digital avatars. ABC News reports that a biopic, documentary and "Kiss experience" are in the works, according to Pophouse CEO Per Sundin. An avatar show is planned for the later part of 2027. Gene Simmons said, "I don't like the word acquisition.". Collaboration is exactly what it’s about. It would be remiss in our inferred fiduciary duty — see what I just did there? — to the thing that we created to abandon it, Gene Simmons, to AP. People might misunderstand and think, ‘OK, now Pophouse is doing that stuff and we’re just in Beverly Hills twiddling our thumbs.’ No, that’s not true. , Gene Simmons, to AP. We’re in the trenches with them. We talk all the time. We share ideas. It’s a collaboration. Paul (Stanley) and I especially, with the band, we’ll stay committed to this. It’s our baby, Gene Simmons, to AP

Credit: Wibbitz Top Stories    Duration: 01:30Published
Sam Bankman-Fried Speaks Out After Sentencing [Video]

Sam Bankman-Fried Speaks Out After Sentencing

Sam Bankman-Fried , Speaks Out After Sentencing. The former FTX CEO was sentenced to 25 years in prison on March 28. He was previously convicted of fraud, conspiracy and money laundering. In an exclusive interview with ABC News, the 32-year-old exhibited remorse for his actions, saying, "It's most of what I think about each day.". Bankman-Fried attributed FTX's downfall to many "bad decisions" made in 2022, ABC News reports. . I never thought that what I was doing was illegal. But I tried to hold myself to a high standard, and I certainly didn't meet that standard. , Sam Bankman-Fried, to ABC News. I've heard and seen the despair, frustration and sense of betrayal from thousands of customers; they deserve to be paid in full, at current price, Sam Bankman-Fried, to ABC News. That could and should have happened in November 2022, and it could and should happen today. It's excruciating to see them waiting, day after day, Sam Bankman-Fried, to ABC News. Bankman-Fried went on to say that he's "haunted, every day, by what was lost.". I'd give anything to be able to help repair even part of the damage. I'm doing what I can from prison, but it's deeply frustrating not to be able to do more, Sam Bankman-Fried, to ABC News. Bankman-Fried plans to appeal based on trial testimony that "greatly misstated what actually happened.". I'd give anything to be out there, trying to make a positive difference in the world, but I know that's not going to happen. I can't help from prison, Sam Bankman-Fried, via statement

Credit: Wibbitz Top Stories    Duration: 01:31Published
Biden Cracks Down on ‘Junk Insurance Plans’ [Video]

Biden Cracks Down on ‘Junk Insurance Plans’

Biden Cracks Down , on ‘Junk Insurance Plans’. On March 28, President Joe Biden announced that a new rule will limit short-term health insurance plans to three months, ABC News reports. . The plans can now only be renewed for up to four months instead of three years that were permitted under former President Donald Trump. . The plans can now only be renewed for up to four months instead of three years that were permitted under former President Donald Trump. . Additionally, short-term plan providers must clearly explain benefit limitations to consumers. . The president really believes the American people do not want to be taken for suckers and junk insurance takes them for suckers, Neera Tanden, Biden's domestic policy adviser, via statement. Short-term insurance is intended to temporarily serve as a safety net for periods of transition, such as switching jobs or prior to receiving Medicare. However, critics call these plans "junk insurance" because they're often misleading as far as what they actually cover. ABC News reports that the plans aren't required to cover those with preexisting conditions or pay for prescription drugs. In 2018, Trump expanded short-term plans and referred to them as "much less expensive health care at a much lower price.". Neera Tanden, Biden's domestic policy adviser, said that Trump undermined the Affordable Care Act (ACA) when he allowed insurance companies to sell inadequate short-term plans. Neera Tanden, Biden's domestic policy adviser, said that Trump undermined the Affordable Care Act (ACA) when he allowed insurance companies to sell inadequate short-term plans. The short-term plan expansion was upheld by an appeals court in 2020

Credit: Wibbitz Top Stories    Duration: 01:31Published
Chick-fil-A Will Start Serving Chicken Treated With Antibiotics [Video]

Chick-fil-A Will Start Serving Chicken Treated With Antibiotics

Chick-fil-A Will Start Serving Chicken , Treated With Antibiotics. On its website, the fast food chain said that "serving quality food has always been our priority," . but beginning in spring 2024, the company will "shift from No Antibiotics Ever (NAE) to No Antibiotics Important To Human Medicine (NAIHM).". NAIHM restricts the use of those antibiotics that are important to human medicine and commonly used to treat people, and allows use of animal antibiotics only if the animal and those around it were to become sick, Chick-fil-A, via statement. Chick-fil-A previously pledged "no antibiotics ever" for more than a decade. . The change in policy comes amid projected supply shortages, ABC News reports. . Chick-fil-A highlighted its pledge to use high-quality chicken. saying that it only uses "real, white breast meat with no added fillers, artificial preservatives, steroids -- and no added hormones.". saying that it only uses "real, white breast meat with no added fillers, artificial preservatives, steroids -- and no added hormones.". We established an Animal Wellbeing Council of outside experts, which provides feedback on our policies and practices, Chick-fil-A, via statement. With their input, we are constantly evaluating our approach to animal wellbeing to ensure it is consistent with or exceeds industry standards, Chick-fil-A, via statement

Credit: Wibbitz Top Stories    Duration: 01:30Published
Billie Eilish Is Now the Youngest Person to Win 2 Oscars [Video]

Billie Eilish Is Now the Youngest Person to Win 2 Oscars

Billie Eilish , Is Now the Youngest Person , to Win 2 Oscars. Eilish and her brother, Finneas O'Connell, won an Oscar for best original song on March 10. The award for "What Was I Made For?" from 'Barbie' cements a place in history for 22-year-old Eilish. . She is now the youngest person ever to win two Oscars, ABC News reports. . Eilish previously told 'GMA3' that "What Was I Made For?" was greatly influenced by 'Barbie.'. If we hadn’t been shown the movie and talked to Greta about it, we would not have made that song, Billie Eilish, to 'GMA3'. We wouldn’t have known the movie had that gut-wrenching aspect to it, Billie Eilish, to 'GMA3'. Watching it and seeing what it was about and that scene of Barbie sitting at the bus stop and there’s that old woman sitting next to her – , Billie Eilish, to 'GMA3'. ... that scene just really got me and it made me [go,] ‘Oh, this is so much more than we all think.’, Billie Eilish, to 'GMA3'. Eilish and Finneas also performed their hit song at the Oscars before Ryan Gosling took to the stage to sing another song from 'Barbie,' "I'm Just Ken.". Eilish and Finneas also performed their hit song at the Oscars before Ryan Gosling took to the stage to sing another song from 'Barbie,' "I'm Just Ken.". The siblings were awarded their first Oscar as a duo in 2022 for "No Time to Die."

Credit: Wibbitz Top Stories    Duration: 01:31Published

Target Corporation Target Corporation American retail corporation

China Sets Aggressive Economic Growth Target for 2024 [Video]

China Sets Aggressive Economic Growth Target for 2024

China Sets Aggressive, Economic Growth , Target for 2024. Associated Press reports that China has said it aims to achieve 5% economic growth in 2024, despite facing many challenges. Premier Li Qiang outlined plans to boost China's economy while addressing the annual session of the National People's Congress. Premier Li Qiang outlined plans to boost China's economy while addressing the annual session of the National People's Congress. The plan includes increased spending on developing advanced technology, fortifying the military and other longstanding goals. According to Li, the Chineses government would continue with a "pro-active fiscal policy and prudent monetary policy.”. The plan looks to boost growth by issuing long-term bonds over several years, beginning with about $139 billion in 2024. Those bonds would be used to implement "major national strategies" and boost security "in key areas.". The plans also include a "new development model" aimed at easing a prolonged real estate slump by building government-subsidized housing. The foundation for China’s sustained economic recovery is not yet stable, with insufficient effective demand, overcapacity in some industries, weak social expectations, and still many risks and hidden dangers, Li Qiang, Chinese Premier, via Associated Press. The foundation for China’s sustained economic recovery is not yet stable, with insufficient effective demand, overcapacity in some industries, weak social expectations, and still many risks and hidden dangers, Li Qiang, Chinese Premier, via Associated Press. According to a draft budget, an additional $231 billion would be set aside for defense spending, representing a 7.2% increase from 2023. . According to a draft budget, an additional $231 billion would be set aside for defense spending, representing a 7.2% increase from 2023. . The underlying trend of economic recovery and long-term growth remains unchanged and will not change. So we must be more confident and more assured of ourselves, Li Qiang, Chinese Premier, via Associated Press

Credit: Wibbitz Top Stories    Duration: 01:31Published

Walmart Walmart American multinational retail corporation

Walmart, Delta, Starbucks among companies using AI tool to snoop on employees:Report | Oneindia News [Video]

Walmart, Delta, Starbucks among companies using AI tool to snoop on employees:Report | Oneindia News

Discover how Walmart, Delta, Starbucks, and other major corporations are reportedly utilizing AI technology to monitor employee communications. Is this the future of workplace surveillance? Learn more about the growing concerns and implications of AI snooping in this eye-opening report. #AI #AIArt #ArtificialIntelligence #BusinessNews #Walmart #Delta #Starbucks #AITools #CorporateEmployees #Deepfake #Oneindia ~PR.274~ED.155~

Credit: Oneindia    Duration: 02:03Published

New York (state) New York (state) U.S. state

Aerosmith Announces Rescheduled ‘Peace Out’ Tour Dates [Video]

Aerosmith Announces Rescheduled ‘Peace Out’ Tour Dates

Aerosmith Announces , Rescheduled ‘Peace Out’ Tour Dates. The veteran rockers postponed their farewell tour nearly seven months ago after singer Steven Tyler "fractured his larynx," CNN reports. . The band issued a statement about Tyler's condition at that time. To our fans: Unfortunately, Steven’s vocal injury is more serious than initially thought. His doctor has confirmed that in addition to the damage to his vocal cords, he fractured his larynx which requires ongoing care, Aerosmith, via Facebook. He is receiving the best medical treatment available to ensure his recovery is swift, but given the nature of a fracture, he is being told patience is essential. , Aerosmith, via Facebook. As a result, all the currently scheduled PEACE OUT shows must be postponed to sometime in 2024, with new dates to be announced as soon as we know more, Aerosmith, via Facebook. On April 10, the band took to Instagram to announce that they are "thrilled" to have rescheduled tour dates. The tour will begin Sept. 20 in Pittsburgh, PA. The 40-date run will end in Buffalo, NY, on Feb. 26. The Black Crowes will serve as the supporting act. "All previously purchased tickets will be honored for the rescheduled shows," Aerosmith said. The farewell North American tour is intended to be a celebration of the band's 50 years together, CNN reports.

Credit: Wibbitz Top Stories    Duration: 01:30Published
Trump Secures Pause on $454 Million Civil Fraud Ruling, Prevents Asset Seizures in NYCase| OneIndia [Video]

Trump Secures Pause on $454 Million Civil Fraud Ruling, Prevents Asset Seizures in NYCase| OneIndia

Former President Donald Trump secures a temporary halt to his $454 million civil fraud judgment by posting a $175 million bond within 10 days. This pause shields his assets from seizure by New York state authorities. Trump maintains innocence, denouncing the case as politically motivated. He faces mounting legal expenses amid upcoming criminal trials, including charges related to his 2020 election loss and financial misconduct allegations. #DonaldTrump #Trump #NewYorkCivilFraud #Trumpelection #ElectionFraud #NewYorkCourt #JudgeEngoron #Trumpnews #Trump2024 #USnews #Worldnews #Oneindia #Oneindianews ~PR.152~ED.101~GR.122~HT.96~

Credit: Oneindia    Duration: 02:40Published
Hundreds of Jewish Women in U.S. on Strike Against 'Unfair' Divorce Laws | Oneindia News [Video]

Hundreds of Jewish Women in U.S. on Strike Against 'Unfair' Divorce Laws | Oneindia News

Join us as we explore the bold protest of over 800 Hasidic women in Kiryas Joel, New York, who have initiated a Sex strike to challenge centuries-old Jewish divorce laws. Learn about their fight for justice and equality as they refuse Intimacy with their husbands to demand legal reforms. #JewishWomen #Jews #Strike #JewishWomenProtest #USLaws #USNews #JewishDivorceLaws #JewsinUS #JewsProtest #IsraelHamasWar #JoeBiden #Oneindia ~HT.178~PR.274~ED.103~GR.123~

Credit: Oneindia    Duration: 02:29Published
More and More US Locations Offering Lucrative Relocation Programs [Video]

More and More US Locations Offering Lucrative Relocation Programs

More and More , US Locations Offering , Lucrative Relocation Programs. CNN reports that a growing number of smaller cities and towns in the United States have started offering relocation packages to attract potential new residents. Perks can include financial incentives, free gym memberships, access to co-working facilities and even a dinner with the mayor. . The most lucrative of these relocation incentives have reportedly offered as much as five figures. . MakeMyMove.com is an online marketplace connecting remote workers with locations across the U.S. that are offering relocation packages. In 2023, over 50,000 people applied for programs through the platform. . In 2018, Tulsa Remote became the first company to offer a $10,000 relocation package to entice remote workers and entrepreneurs to relocate. Ascend West Virginia offers a $12,000 cash incentive, along with a number of outdoorsy perks, to attract people to a number of Ascend communities. CNN reports that Indiana has been one of the most ambitious when it comes to offering relocation benefits. . According to MakeMyMove.com, there are dozens of Indiana cities offering incentive packages, including Noblesville and Evansville. Other locations with relocation programs in place include: Kansas, Kentucky, Alabama, New York and Alaska. . Other locations with relocation programs in place include: Kansas, Kentucky, Alabama, New York and Alaska. . Other locations with relocation programs in place include: Kansas, Kentucky, Alabama, New York and Alaska.

Credit: Wibbitz Top Stories    Duration: 01:31Published