SINGAPORE, APRIL 13 -- U.S. retail chain Kmart will open an outlet in Singapore next month, the company announced Wednesday.
The deal comes following Kmart's move last year to form a joint venture partnership with Singapore's Metro Private Ltd., to open Kmart stores in Singapore.
The 104,000 square-foot store in the Marina Square Shopping Center is currently under construction.
The first Kmart store opened in the U.S. in 1962. Today, there are 4, 000 retail outlets in the U.S., Puerto Rico, U.S. Virgin Islands, Australia, Canada, the Czech Republic and Slovakia.
