Kmart bankruptcy
Kmart (KM): filed for bankruptcy 22 Jan 2002. Came back 10 Jun 2003: Stock of the new Kmart Holding Corporation began trading on the Nasdaq National Market under KMRT, after trading on the OTC Bulletin Board. Kmart and the other defunct companies are on one page, each with its dates, prices and sources.
Key dates and prices
| Ticker | KM |
|---|---|
| Founded | 1899 |
| What happened | Filed for bankruptcy, 22 Jan 2002 |
| Came back | 10 Jun 2003 |
| Checked | 27 Sep 2026 |
What happened
Kmart grew out of the business S.S. Kresge started with his first store in 1899; the first Kmart store opened in March 1962.
At the time of its filing, Kmart ran more than 2,100 stores with about 240,000 employees and had yearly sales of about $37 billion.
Kmart filed for Chapter 11 in Chicago on January 22, 2002, after its sole grocery supplier stopped shipments.
Kmart stock closed at $4.74 on January 2, 2002, and at $1.74 on January 18, the last trading day before the filing.
The NYSE suspended trading in the old Kmart stock on December 19, 2002.
Kmart left bankruptcy on May 6, 2003, as a unit of the new Kmart Holding Corporation, with ESL Investments and Third Avenue as plan investors.
The new stock began trading on Nasdaq on June 10, 2003, under the symbol KMRT.
Cause: Chapter 11 after sales slump. Filed Jan 2002. Back on Nasdaq Jun 2003.
What was the ticker symbol for Kmart stock?
Kmart traded under the ticker KM. Kmart: filed for bankruptcy 22 Jan 2002.
When did Kmart come back?
Kmart came back 10 Jun 2003. Stock of the new Kmart Holding Corporation began trading on the Nasdaq National Market under KMRT, after trading on the OTC Bulletin Board.
What happened to Kmart?
Kmart: filed for bankruptcy 22 Jan 2002. Filed Jan 2002. Back on Nasdaq Jun 2003.
Checked 27 September 2026. History, not advice.
Sources: sec.gov, deseret.com, sec.gov