Subject:
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Re: K-Mart files for bankruptcy
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Newsgroups:
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lugnet.market.shopping
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Date:
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Tue, 22 Jan 2002 18:19:07 GMT
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Viewed:
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329 times
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> > Any thoughts on what this might do for us AFOL's?
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 not think
"disgusting." And I have yet to go into a Kmart and walk out with 100% of
the items I needed. (One day I wanted a "Swifter" mop. No dice...) If they
would just clean up their stores, it would be a huge step forward. Kmart in
Devon, PA is the worst. It always looks like a bomb went off in there.
Below the surface they have managment problems, inventory control issues and
debt. Remember when Kmart wanted to be an ISP? That is a classic case of
straying outside of your core market.
Target, on the other hand, is wonderful. Bright, clean, caring staff, etc.
And Target knows inventory management. If the product does not sell, they
slash prices, move it out and make room for a better product. (see clearance
isle, 75% off Jack Stone!). Target also knows how to advertise. Not that
advertising is important to me, but it seems to have done a lot for their
image and floor traffic. I will take a Target over Kmart & Wal-Mart anyday.
Bryan
"David Wertz" <wertzdm@dot.state.sc.us> wrote in message
news:GqCMK2.MJJ@lugnet.com...
> 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
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Message has 2 Replies:
 | | Re: K-Mart files for bankruptcy
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| (...) What is sad is that you could be describing to a t ("Swifter" notwithstanding!) any of several Kmart stores in northern California. It surprises me that they have managed to stay in business as long as they have. (...) Ditto here too. Their (...) (22 years ago, 22-Jan-02, to lugnet.market.shopping)
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