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Iwilei Kmart closing after 23 years

  • Cindy Ellen Russell / crussell@staradvertiser.com

    The Kmart at 500 N. Nimitz in Iwilei, the state’s first, will close in March because the property’s owner opted to end the lease early. The store employs 141 people.

  • Bruce Asato / 1992

    Kmart employees take a break in front of the newly opened Iwilei store. Sears Holdings Corp. had sold the property to a New York real estate investment company, from which it then leased the store. But the property’s new owner opted to terminate the lease early.

Hawaii’s first Kmart store, which opened to much fanfare in 1992, will close in late March with a liquidation sale to begin Thursday, the parent company said Tuesday. Read more

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