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Subject: 
Re: K-Mart files for bankruptcy
Newsgroups: 
lugnet.market.shopping, lugnet.market.theory
Followup-To: 
lugnet.market.theory
Date: 
Wed, 23 Jan 2002 03:21:39 GMT
Viewed: 
835 times
  
In lugnet.market.shopping, Mark Cornell writes:
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 leases to other retailers). For those stores that will close, expect a • slow
going out of business sale, but I doubt you will find any real bargains. My
personal experience with these types of sales is that the public tends to buy • up
the worthwhile merchandise before it gets to the point that AFOL will consider
it a great deal.

In the fall of 2000 K-mart closed a bunch of stores, 3 near-ish to me, I was
able to get a good stash for 50%, not so much at deeper discounts  - maybe
because of me, shoulda waited longer ;)

My local K-mart is ok, the people are very nice, the store is pretty clean,but
they installed those stoopid self check out machines, should have invested in
price scanners in the aisles like WM & Target.

Julie



Message has 2 Replies:
  Re: K-Mart files for bankruptcy
 
(...) All the Kmarts I've been in lately have the price scanners in the aisles... It's a good thing, too, 'cause their LEGO section is always a mess. Self checkout is great, because most people would rather stand in line, so I can be in and out very (...) (22 years ago, 23-Jan-02, to lugnet.market.theory)
  Re: K-Mart files for bankruptcy
 
(...) clean,but (...) in (...) I did *NOT* like the self check out machines. It seemed like a good idea until I actually used one. They have some sort of sensors in them that check to see if you put the item you scanned into the bag, which is fine (...) (22 years ago, 23-Jan-02, to lugnet.market.theory)

Message is in Reply To:
  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)

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