Once A Retail Giant, Kmart Down To 3 Stores After New Jersey Closing

Kmart, once a retail powerhouse, is closing most of its stores, leaving only three remaining. Founded in 1899, Kmart expanded significantly but faced a decline due to changing shopping habits and competition from Walmart and Target. Management decisions also contributed to its downfall, leading to bankruptcy. Experts predict the remaining stores will close soon.

What was the ultimate result of the management issues at Kmart?

What does Cohen believe will happen to the remaining Kmart stores?