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Kmart was once a big retailer,but since the waves of closings,it's gone downhill fast.
Kmart's subsidiary;sears went defunct as a brick and mortar store,but their catalogue experience made them the #1 online retailer,surpassing even amazon.com
Kmart,however kept closing stores.by 2020 the stores were in undesirable neighborhoods,with poor economy's,they however still brought in decent revenue since they were basically the dollar store alternative,with a wider range of products.