Size is no guarantee of survival or longevity in business.
From a 1994 peak of 2,323 locations, the USA version of K-Mart has most recently been reduced to 3 stores in the continental US.
This article from Mental Floss records the latest closure, and the decline of the iconic big red K.
K-Mart Australia is a seperate business that appears to have resisted the predations of online retail.
Their decision to renovate their stores and locate their checkouts in the middle of the store seem to indicate some form of death-wish though.