When Rankin Paynter learned that the Kmart in his Kentucky town was closing, he decided to buy everything that remained on the store’s shelves — and give it all away.

Four cash registers and six-and-a-half hours after his shopping spree began, the benevolent businessman walked away with $200,000 worth of inventory and gave it all over to Clark County Community Services, a nonprofit that helps families in Winchester, Ky., facing crisis situations.

“It’s time to give back,” the “Summer Santa” told the news source.

Via Huffington Post (also with new video link from WLEX).

Thanks for the heads up, “John in Mo.”