Kmart has been struggling for a long time. Now not only are they slashing prices, they're slashing jobs, and closing stores. The Utica area Kmart will not be affected, but the list of those shutting down is extensive.
Perhaps not since the Blue Light Special has Kmart been so culturally relevant. The retailer has one of the hottest viral videos on YouTube with this commercial inviting shoppers to 'ship their pants.'
If you’re a regular shopper at Kmart or Sears, you may soon have fewer places to spend your money — parent company Sears Holdings has said that in light of decreased holiday sales, it’ll close at least 100 stores in the coming months.