Thread Number: 66456
/ Tag: Other Home Products or Autos
Kmart winding down |
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Post# 890803 , Reply# 1   7/24/2016 at 20:36 (2,831 days old) by delaneymeegan (Midwest)   |   | |
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This is the employees opinions.
I was surprised to hear that there was stock..... in back. How do you make money on stock not available for sale? Any retailer is in business to Sell stuff, not store it..... or for that matter, to pay ridiculous rental and maintenance fees for those awful malls.
Sears is denying the rumors of shut-down. It's true, they could be saying that to stave off a panic response. Time will tell.
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Post# 890846 , Reply# 5   7/25/2016 at 06:58 (2,831 days old) by joeypete (Concord, NH)   |   | |
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I just went to KMart a couple months ago and the store was very outdated. Employees were friendly, though several were bickering with each other...but that happens at my job too! LOL. They had plenty of merchandise though. I grew up with KMart...and Bradlees...and Caldor...and Ames/Zayres. Long before Wally World and Target came into the northeast big time. I'd shop at my KMart more if it was closer to me though. I LOVED the Super K in upstate NY and in Tucson. They were very nice in their day. It's sad to see this happening. :(
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Post# 890854 , Reply# 6   7/25/2016 at 08:25 (2,831 days old) by askolover (South of Nash Vegas, TN)   |   | |
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Post# 890855 , Reply# 7   7/25/2016 at 08:26 (2,831 days old) by DADoES (TX, U.S. of A.)   |   | |
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K-Mart here closed YEARS ago, long before Sears got involved. One of the Rotary Club's community service projects was to help fund remodeling the building into a Civic Center (in 1988). Only 15 stores in TX now per kmart.com. None are anywhere near here. Back in the day was at least 4 stores within an hr drive (including the one here). |
Post# 890856 , Reply# 8   7/25/2016 at 08:34 (2,831 days old) by dermacie (my forever home (Glenshaw, PA))   |   | |
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In my suburban Pittsburgh neighborhood of Shaler Township there is an aging Kmart in the Shaler Plaza it opened in 1964 and was the 10th store in the beginning of an empire. It is still a busy store since the closed Wal-mart is many mile from it. I myself shop there very often as I have since I was a child. I know I will miss it when its gone.
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Post# 890869 , Reply# 9   7/25/2016 at 10:58 (2,831 days old) by delaneymeegan (Midwest)   |   | |
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Post# 890874 , Reply# 10   7/25/2016 at 11:34 (2,831 days old) by vintagekenmore (Spokane, Washington)   |   | |
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I remember when I was little, that Kmart actually sold GE washers and dryers for a long time. Then all if a sudden they were gone |
Post# 890875 , Reply# 11   7/25/2016 at 12:02 (2,831 days old) by dermacie (my forever home (Glenshaw, PA))   |   | |
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Post# 890876 , Reply# 12   7/25/2016 at 12:02 (2,831 days old) by DADoES (TX, U.S. of A.)   |   | |
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Post# 891006 , Reply# 17   7/26/2016 at 03:13 (2,830 days old) by delaneymeegan (Midwest)   |   | |
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While it's true that Kmart, and GM, may have once been "Tops" in their field, it doesn't mean that when they are no longer tops that an entity/person/brand needs to slide to the opposite extreme. I think, people assume that's what HAS to happen.
There are still 900 Kmart stores. That's a shit-load of stores that any retailer could be proud of.
One thing is clear, there is no quick moves to sell off or close things down. All we can do is speculate. I won't be surprised either way. I'm biased to rooting for Kmart and Kenmore. Sears really doesn't do much for me, but.....
Retailing has changed considerably, and for the better, I think. More efficient, less waste. Walmart is next. They aren't exactly sailing along any longer. CLICK HERE TO GO TO delaneymeegan's LINK |
Post# 891034 , Reply# 18   7/26/2016 at 06:57 (2,830 days old) by vacerator (Macomb, Michigan)   |   | |
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Zenith, RCA, Panasonic, Soundesign, Loyyd's, Hoover, Eureka, etc. I think even some Sony, and G.E. |
Post# 891246 , Reply# 20   7/27/2016 at 11:47 (2,829 days old) by Tomturbomatic (Beltsville, MD)   |   | |
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but does plan more store closures according to the article on MSN. It might not be worth a bit of a byte, but people are talking about Kmart closing. CLICK HERE TO GO TO Tomturbomatic's LINK |
Post# 891268 , Reply# 22   7/27/2016 at 14:17 (2,828 days old) by washman (o)   |   | |
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"We're focused on giving our members a 'WOW' experience and this change is helping our stores operate more efficiently" ...........is WOW, you're still OPEN? :) |
Post# 891359 , Reply# 24   7/28/2016 at 06:04 (2,828 days old) by joeypete (Concord, NH)   |   | |
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Unfortunately KMart really doesn't have an identity anymore, or something unique about it that draws customers in. They really float in between WalMart and Target. It's sad that they haven't been able to stand out so to speak and thrive. They seem to be doing better in areas where the competition is less. In NH for example, WalMart is everywhere...kind of like KMart used to be, but Target is not. So the few K's that we have are not necessarily near both stores. Really they should have focused on this years ago...even opening new stores in more rural areas where maybe customers don't have any stores of this nature. But from what I can tell they are pretty much just focused on surviving at this point, without any real direction.
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Post# 893772 , Reply# 26   8/13/2016 at 15:03 (2,811 days old) by defoedude (Ferguson, MO)   |   | |
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Any of the non teenager people on the sales floor, give them some slack. We are running around with our heads cut off trying to take care of our floor customers, answer calls, unload trucks, get our freight out to the floor, do a layaway or gofer shift, cover someone's lunch or break, and be a backup cashier, all while not having a raise since 2010 and no 401k match since 2008. I still keep in touch with many of my coworkers at the South County and Florissant stores and Mary who was my mentor at SoCo and has been with the Blue Light for 45 years is just ready for them to announce closing - why drag us along for another year?!!
As far as the store count in St. Louis, as of this week there are now only 4 left on the MO side since Bridgeton just closed on Sunday, Marketplace is next to go since Balke Brown Transwestern is advertising their space as "available soon," and my last store 4304 in Florissant is still safe for the time being - after Dunn Rd closed 2 years ago we got their traffic and sales but Eddie sold the store to the Seritage deal so now 4304 is paying rent and Walmart just opened up a new store literally a 10 minute walk down Lindbergh - we shall see what happens... |
Post# 893803 , Reply# 28   8/13/2016 at 20:36 (2,811 days old) by joeypete (Concord, NH)   |   | |
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I went to my local KMart last Saturday and I have to say it was not a bad experience AT ALL. Granted the store is old but the shelves were packed with items, it was well stocked. They had everything. The employees were very friendly...especially the cashiers. Very professional. I used $12 in Shop-Your-Way Points and earned another $11...I was very happy. Later that evening I got t-boned and my car was totaled, so the rest of the day didn't go too well. LOL. But my car looked great with new windshield wipers from KMart! hahahahaha
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Post# 893824 , Reply# 29   8/13/2016 at 23:41 (2,811 days old) by vacerator (Macomb, Michigan)   |   | |
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your car, and glad you're OK! Joeypete, A T Bone crash is bad, and not sustaining an injury is miraculous. Was it in the Chrysler? The 200 is all done soon. |
Post# 893853 , Reply# 30   8/14/2016 at 07:19 (2,811 days old) by joeypete (Concord, NH)   |   | |
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Thanks...yes it was in the 200. I bought it new in 2012...94K miles as of the accident and not a single repair...for anything! It will be missed. I bought a 2016 Buick Regal Turbo with AWD...it's a nice replacement...beautiful car. I did get injured, I'm out of work a couple weeks but at least nothing terribly serious. Just some bruises and head trauma. I'll be ok :)
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Post# 896140 , Reply# 33   8/29/2016 at 09:16 (2,796 days old) by A440 ()   |   | |
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Just checked the Kmart website. Free Shipping on total of $35! Not bad at all. They also do online "Layaway". |
Post# 896155 , Reply# 35   8/29/2016 at 11:29 (2,796 days old) by johnb300m (Chicago)   |   | |
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omg joey, see what kmart did to you! LOL ;)
I've been following this S/K news for a while now, and it just seems like that scumbag Lampert wants to liquidate the company so he can sell off all the assets for himself, and then have all that majestic real estate to sell/lease off. He's gonna make BANK of the carcasses of these once great stores. :'( #corporateraiders |
Post# 896234 , Reply# 36   8/29/2016 at 16:16 (2,795 days old) by classiccaprice (Hampton, Virginia)   |   | |
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Our oldest local one just closed. I rescued the lumber yard sign out of the back of the store. I think it's from 1974 when the store opened. They had a garden shop too for a long time, but it went to the dumpster before I could get it. :( It's going to hang in my garage.
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Post# 896354 , Reply# 37   8/30/2016 at 02:41 (2,795 days old) by tolivac (greenville nc)   |   | |
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The former KMart building in my area---GONE!!!Demolished to make way for the Publix grocery store to open beginning of 2017.Breifly watched the demo excavator clawing away at the place before I had to move on as the traffic light changed. |
Post# 896366 , Reply# 38   8/30/2016 at 07:31 (2,795 days old) by vacerator (Macomb, Michigan)   |   | |
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in Troy Michigan still stands empty. |
Post# 896523 , Reply# 39   8/31/2016 at 05:08 (2,794 days old) by tolivac (greenville nc)   |   | |
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Any future planes for the KMart Troy headquarters? |
Post# 896534 , Reply# 40   8/31/2016 at 06:57 (2,794 days old) by vacerator (Macomb, Michigan)   |   | |
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but no definite plans by the owner Forbes Co. based in Southfield Mi. as yet. They also own the nearby upscale Somerset mall. The site is 1.1 million sq. feet on 40 acres. The current buildings are unique, with squares connected by narrow corridors. |
Post# 898212 , Reply# 43   9/11/2016 at 06:58 (2,783 days old) by washman (o)   |   | |
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www.msn.com/en-us/money/companies... |
Post# 898276 , Reply# 44   9/11/2016 at 17:58 (2,782 days old) by LordKenmore (The Laundry Room)   |   | |
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Post# 898279 , Reply# 45   9/11/2016 at 18:40 (2,782 days old) by washman (o)   |   | |
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Attention Kmart shoppers....................... |
Post# 898358 , Reply# 50   9/12/2016 at 08:06 (2,782 days old) by joeypete (Concord, NH)   |   | |
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Post# 898405 , Reply# 51   9/12/2016 at 15:34 (2,781 days old) by vacerator (Macomb, Michigan)   |   | |
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near us closed years ago. The nearest is seven miles away. Lost of stop lights. |
Post# 898540 , Reply# 52   9/13/2016 at 08:16 (2,781 days old) by vacerator (Macomb, Michigan)   |   | |
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expensive mall rents, and tough competition from Boscov's, Walmart, and other newer to the market retailers have all contributed to Sears and K Mart's decline. A mall anchor store covers much of the malls upkeep costs regardless of it's bottom line. |
Post# 898689 , Reply# 54   9/14/2016 at 06:10 (2,780 days old) by vacerator (Macomb, Michigan)   |   | |
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I doubt Lampert is very worried. He'll retire with a nice golden parachute. These guys never concern them selves with the store employees, or even the district managers who may have a difficult time finding new jobs, if they even can. |
Post# 899379 , Reply# 56   9/19/2016 at 07:20 (2,775 days old) by joeypete (Concord, NH)   |   | |
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My store was stocked really well too and there were actually quite a few people shopping in there. That's good to see. As much as I love Target...on the weekends its a zoo...EVERYONE goes there. I won't step foot in WalMart unless I have no choice. It's still nice to have another option, like K Mart. I just wish mine was closer to me.
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Post# 899381 , Reply# 57   9/19/2016 at 07:26 (2,775 days old) by vacerator (Macomb, Michigan)   |   | |
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also very busy. If Eddie is using his own money, I have no criticisam then. |
Post# 899441 , Reply# 58   9/19/2016 at 12:31 (2,775 days old) by Iheartmaytag (Wichita, Kansas)   |   | |
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Sear's holding is closing 64 stores, mostly K-Marts, Liquidation will begin 9-22, should have stores closed down by January. Citing K-Mart does not have enough cash, or access to cash to continue operating. .
CLICK HERE TO GO TO Iheartmaytag's LINK |
Post# 899456 , Reply# 59   9/19/2016 at 14:10 (2,774 days old) by washman (o)   |   | |
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if Kmart has a lousy holiday season, which it very well might, the end could come as soon as next year. |
Post# 899457 , Reply# 60   9/19/2016 at 14:23 (2,774 days old) by kd12 (Arkansas)   |   | |
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of the chaos in K-mart stores reminds me of what I have seen going on in Target the past few years. Too many retailers are trying to do the most with the least number of folks. It's called a race to the bottom. |
Post# 899535 , Reply# 61   9/19/2016 at 21:33 (2,774 days old) by askolover (South of Nash Vegas, TN)   |   | |
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Post# 900474 , Reply# 66   9/25/2016 at 19:57 (2,768 days old) by joeekaitis (Rialto, California, USA)   |   | |
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Post# 900490 , Reply# 67   9/25/2016 at 23:44 (2,768 days old) by GusHerb (Chicago/NWI)   |   | |
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One of the last remaining stores by me is closing down. The Kmarts around here do pretty well, including the one closing. |
Post# 900514 , Reply# 69   9/26/2016 at 08:39 (2,768 days old) by Iheartmaytag (Wichita, Kansas)   |   | |
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I know you said High level, so I am assuming you mean at the corporate level.
However, at the store level, this is not true. My brother had been a K-Mart manager since 1977. He was left high & dry in the middle of the desert (Hays Kansas). When K-Mart filed for bankruptcy in 2005 the value of all their stock shares that they were given as deferred compensation went to zero. When Sear's merged they became a new cooperation and none of the past remained.
Sear's used to be the big appliance retailer. They had the newest designs with the most features. Then they broke up their long standing relationship with Whirlpool, and began to play taps over the intercom.
K-Mart and Sear's used to be #1 and #2 retailers. They just switched back and forth. Both of the former competitors failed to evolve, and it appears will soon become extinct.
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Post# 900532 , Reply# 72   9/26/2016 at 11:41 (2,768 days old) by dermacie (my forever home (Glenshaw, PA))   |   | |
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Post# 900624 , Reply# 73   9/27/2016 at 07:46 (2,767 days old) by vacerator (Macomb, Michigan)   |   | |
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I agree. Oh, I found the Hines Kerry house on Google aerial view map. It has huge solar panels. |
Post# 900646 , Reply# 74   9/27/2016 at 10:24 (2,767 days old) by dermacie (my forever home (Glenshaw, PA))   |   | |
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Post# 900695 , Reply# 75   9/27/2016 at 19:26 (2,766 days old) by kevin313 (Detroit, Michigan)   |   | |
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I had to pick up a few things after work this evening and decided to go to my local K-Mart. This is the same K-Mart that I shopped at as a child and it is the closest one to my home - about three miles west in Garden City, Michigan.
It also has a great legacy here in the Detroit area as it was the first K-Mart store that was ever opened - opening its doors on March 1, 1962. This was a big deal for many of us who were regular S.S. Kresge shoppers. So tonight I spent a little time shopping in that same K-Mart store - honestly, it still smells the same every time I walk in there, which isn't often anymore. They were having a sidewalk sale! Getting rid of summer clothes and some other past seasonal items. While the store was fairly well stocked, there is never more than two cashiers open and the lines are slow, slow, slow. I'm sure the store will close one of these days, and with it a real important piece of American retail history. Photos of the store this evening and on opening day in 1962. |
Post# 900697 , Reply# 76   9/27/2016 at 19:36 (2,766 days old) by imperial70 (MA USA)   |   | |
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This makes me very sad. Very sad. |
Post# 900765 , Reply# 77   9/28/2016 at 07:12 (2,766 days old) by warmsecondrinse (Fort Lee, NJ)   |   | |
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Never more than two cashiers? See ya! Am I the only person who sees red when only half the registers are manned and lnes are out the door? Jim |
Post# 900779 , Reply# 79   9/28/2016 at 08:02 (2,766 days old) by dermacie (my forever home (Glenshaw, PA))   |   | |
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Post# 900788 , Reply# 80   9/28/2016 at 08:30 (2,766 days old) by vacerator (Macomb, Michigan)   |   | |
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use to shop at Hill's in Calcutta Ohio. She lived just over the state line. That was my Moms Mom. My other Grandma lived in Plum Pa. until 1965. We used to go to this huge place that sold appliances, furniture, even toys called Kelly & Cohen. |
Post# 900790 , Reply# 81   9/28/2016 at 08:33 (2,766 days old) by vacerator (Macomb, Michigan)   |   | |
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vist Grandma when I was a pre teen, I used to go to the G.C. Murphy and buy model car kits so I'd have something to do, other than sit and listen to the Cruicible steel mill's blast furnace all day long. |
Post# 900815 , Reply# 82   9/28/2016 at 10:36 (2,766 days old) by washman (o)   |   | |
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Attention kmart shoppers.......................................... |
Post# 900818 , Reply# 83   9/28/2016 at 10:57 (2,766 days old) by vacerator (Macomb, Michigan)   |   | |
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"everything must go"???? Free Lay Away until the last day of business in the K Mart tradition. All sales final. |
Post# 900845 , Reply# 84   9/28/2016 at 13:38 (2,765 days old) by twintubdexter (Palm Springs)   |   | |
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From a report I was reading this morning...
"Sears' decline is threatening to kill off at least 200 shopping malls.
The retailer has closed 22% of it's stores in the last decade, and it's expected to shutter even more locations as it struggles to stay afloat following years of declining sales, Credit Suisse analysts wrote in a recent profile report.
When anchor stores like Sears shut down, shopping malls tend to suffer financially and eventually shut down.
That's because malls must find a replacement tenant for the massive retail space that the anchor store occupied. which is nearly impossible...especially in malls that are already financially strapped...when every major department store is reducing it's retail footprint."
As a former department store buyer, it's all very sad. My old "alma matter"...the once great store is now all but forgotten. There were many wonderful times along with the excitement of San Francisco in the late 70's and early 80's.
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Post# 901067 , Reply# 87   9/29/2016 at 20:56 (2,764 days old) by joeypete (Concord, NH)   |   | |
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As sad as it is, I think honestly they are probably better off dumping K Mart and focusing on the Sears brand. There just isn't enough market share for them to support 2 different stores. I believe Sears still has a lot of life left in it...actually when I hear most people talking about getting appliances, Sears always comes up...they are still clearly a leader in that category. Kenmore, Craftsman, and their auto division do very well. They should really focus on that and try to modernize Sears. I hate to see K Mart be a causality, but there's just not much there anymore.
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Post# 901223 , Reply# 88   9/30/2016 at 14:53 (2,763 days old) by dermacie (my forever home (Glenshaw, PA))   |   | |
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Post# 901766 , Reply# 89   10/4/2016 at 15:39 (2,759 days old) by washman (o)   |   | |
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Denial. Of course. CLICK HERE TO GO TO washman's LINK |
Post# 902138 , Reply# 90   10/7/2016 at 13:53 (2,756 days old) by twintubdexter (Palm Springs)   |   | |
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Just remember what the late Rona Barrett used to say..."just keep thinking those gooooooooood thoughts".
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Post# 902144 , Reply# 91   10/7/2016 at 14:45 (2,756 days old) by vacerator (Macomb, Michigan)   |   | |
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said that every morning after the Hollywood gossip segment, then Erma Bombeck came on with "if life is a bowl of cherries, why am I in the pits? |
Post# 914628 , Reply# 92   1/8/2017 at 12:58 (2,663 days old) by washman (o)   |   | |
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Wall Street loves you. CLICK HERE TO GO TO washman's LINK |
Post# 914630 , Reply# 93   1/8/2017 at 13:03 (2,663 days old) by ea56 (Cotati, Calif.)   |   | |
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Post# 914648 , Reply# 94   1/8/2017 at 14:04 (2,663 days old) by joeypete (Concord, NH)   |   | |
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Post# 914649 , Reply# 95   1/8/2017 at 14:07 (2,663 days old) by panthera (Rocky Mountains)   |   | |
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Employees (including manager) found out in the local newspaper. Our local Sears (worst Cl**t*r F**k in the State) will be kept open. Which is stupid beyond words - everybody in town like the K-Mart, nobody patronizes this Sears. Picked up quite a few good bargains, including a Chromebook I've always wanted to try. Saved a few hundred dollars, in all. Sad, though - Lambert has a lot to answer for.
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Post# 914657 , Reply# 96   1/8/2017 at 14:25 (2,663 days old) by joeypete (Concord, NH)   |   | |
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They just have no real direction...except that he wants it to be a "tech" company. But this story is being played out with other stores too...S/K have just been going downhill longer. I always thought they should have acquired or merged with a wholesale club like BJ's...put Sears and KMart under one roof....Sears would handle the tools, appliances, yard equipment, and automotive...the other side would be KMart with your traditional wholesale club stuff...perhaps offer smaller quantities as well to draw in more people. They could expand on their Shop Your Way by it being a membership fee to get in...just like the others. Would certainly have given them an edge.
It's too bad Super K's have gone by the wayside. They were my first "supercenter" experience and they had an outstanding product in the 90's and early 2000's. If anything they should combine Sears/KMart in rural areas where there is no competition. They would do very well. Maybe I should apply to take over? haha |