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Subject: 
K-Mart files for bankruptcy
Newsgroups: 
lugnet.market.shopping
Date: 
Tue, 22 Jan 2002 16:45:38 GMT
Highlighted: 
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Hey,
I guess we saw this coming, and it is no suprise to anyone.  Any thoughts on
what this might do for us AFOL's?
David



Message has 7 Replies:
  Re: K-Mart files for bankruptcy
 
(...) No more clearance toilet paper.....(I found Charmin 24 roll packs on clearance at Big Kmart a few months ago for $2.99....I had never previously heard of clearance toilet paper). Squeezably & softly, Jonathan (22 years ago, 22-Jan-02, to lugnet.market.shopping)
  Re: K-Mart files for bankruptcy
 
(...) No change at all. Despite what management claims about engineering a turn-around, Kmart is in deep trouble. On the surface they have dirty, poorly stocked stores with employees who don't have a clue. I have yet to walk into a Kmart where I did (...) (22 years ago, 22-Jan-02, to lugnet.market.shopping)
  Re: K-Mart files for bankruptcy
 
(...) It may have subtle effect, tho more so at K-Marts competitors than at K-Mart itself. Something I've noticed of recent is a habit of some WalMarts to spring a '50% off all clearance toys' sale. They do this at unpredictable times and then end (...) (22 years ago, 22-Jan-02, to lugnet.market.shopping)
  Re: K-Mart files for bankruptcy
 
(...) It could slow down my LEGO buying (which might be a good thing). I do a lot of buying on BOGO (not worth waiting for clearance around here, by the time there's a 50% discount at Target there is often almost nothing left, this year I may have (...) (22 years ago, 22-Jan-02, to lugnet.market.shopping)
  Re: K-Mart files for bankruptcy
 
(...) None here. Kmart in Aus is separately owned 8?) To be fair, they've only filed for bankruptcy protection, but it doesn't look they're in good shape. ROSCO (22 years ago, 22-Jan-02, to lugnet.market.shopping)
  Re: K-Mart files for bankruptcy
 
K-Mart's bankruptcy will result in the closing of some 300-500 stores as K-Mart uses the chapter 11 process to get out of leases for unprofitable store (and for those stores that have below market lease rates and are also unprofitable sell the (...) (22 years ago, 23-Jan-02, to lugnet.market.shopping)
  Re: K-Mart files for bankruptcy
 
There was an interesting quote from an analyst written up in the the 1/23/02 Philadelphia Inquirer. "If Kmart went away tomorrow, the only people who would care are existing Kmart shoppers who don't have access to a Target or Walmart." Put me the (...) (22 years ago, 23-Jan-02, to lugnet.market.shopping)

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