Kmarts are closing down everywhere. They were failing a few years ago, then they bought Sears to boost themselves for a while, and now they're failing a again and dragging Sears down with it.
I know what you mean though. No one bought anything from Kmart. They were just as expensive as everywhere else, but had nothing to offer the others didn't, same as Toys R Us. Kmart is just a shell of what it used to be.