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construction and designNewsretailers

U-Haul Converting Empty Kmart for Fifth Company Store in Wyoming

by Katie Lee

Rock Springs, Wyo. — U-Haul Moving & Storage now occupies the former Kmart® building in Rock Springs, Wyo., and is offering truck and trailer sharing, boxes and moving supplies, and U-Box® portable storage containers out of a temporary showroom. Towing equipment, hitch accessories and bike racks, professional hitch installation, propane and much more will soon be available. Renovations to the 89,792-square-foot facility will lead to a variety of storage units. U-Haul plans to create more than 700 indoor climate-controlled self-storage rooms. U-Haul acquired the 8.19-acre property on Dec. 17, 2021. …

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Newsretailers

Kmart to Close its Last Store in State of Michigan

by Katie Lee

Marshall, Mich. — Discount retailer Kmart is closing its final store in the state of Michigan, according to local media reports. The last remaining store is in Marshall, which is located about 45 miles south of Lansing. The store is expected to close in November. Kmart opened its first location in Garden City, Mich., in 1962. In its prime in the 1990s, Kmart operated more than 2,300 locations in the United States. The current parent company of Kmart, Transformco, also owns Sears, which recently unveiled plans to shutter its final …

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construction and designNewsrestaurants

Former Kmart Store Redeveloped as Freddy’s Frozen Custard & Steakburgers

by Katie Lee

Kansas City, Mo. — Full-service commercial real estate firm Block & Company, Inc. Realtors has completed the first phase of its Kmart redevelopment project in Merriam, Kan., with the opening of a new Freddy’s Frozen Custard & Steakburgers. The more than 4,000-square-foot building is now one of Freddy’s largest locations in the United States. Block & Company handled the construction management of the project on behalf of the property ownership group. Construction details of the new Freddy’s included an almost complete tear-down of the existing building. Various structural elements and …

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Newspeopleretailers

Sears Holdings Files for Chapter 11 Bankruptcy; CEO Steps Down

by Katie Lee

Hoffman Estates, Ill. — On October 15, 2018, Sears Holdings Corporation and certain of its subsidiaries have filed voluntary petitions for Chapter 11 bankruptcy relief. Effective immediately, the company’s chairman and CEO, Edward S. Lampert, is stepping down from the CEO role. Also, the company will close 142 stores in addition to the previously announced 46 store closings.

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