Thread Number: 533
K-Mart + Sears Merger |
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Post# 49349 , Reply# 1   11/17/2004 at 12:30 (6,698 days old) by PeterH770 (Marietta, GA)   |   | |
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Post# 49353 , Reply# 2   11/17/2004 at 12:49 (6,698 days old) by partscounterman (Cortez, Colorado)   |   | |
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I think I'm beginning to hear a death rattle |
Post# 49355 , Reply# 3   11/17/2004 at 13:55 (6,698 days old) by jerry (Santa Maria, CA)   |   | |
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Maybe they should call them KENMARTS? But i don't think the name will catch on. JERRY |
Post# 49362 , Reply# 4   11/17/2004 at 15:18 (6,698 days old) by Launderess ![]() |
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The Kenmore -K-Mart merger was announced this morning on Reuters and most other business media. As most of us know K-mart has been in deep trouble so Sears probably got a pretty good deal for picking them up. Likely Sears will use K-mart stores in areas where they do not have a presence (Manhattan in New York City has a huge K-mart but the nearest Sears stores are in New Jersey or outer bourghs), to sell "Sears" appliances/power tools and such. L |
Post# 49365 , Reply# 5   11/17/2004 at 15:49 (6,698 days old) by mrb627 (Buford, GA)   |   | |
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Post# 49371 , Reply# 6   11/17/2004 at 16:26 (6,698 days old) by goatfarmer ![]() |
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Post# 49382 , Reply# 8   11/17/2004 at 18:30 (6,698 days old) by DADoES ![]() |
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Post# 49385 , Reply# 9   11/17/2004 at 18:51 (6,698 days old) by Wash-me-blues ()   |   | |
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Believe it or not, K-mart IS buying Sears! But I don't care what decent products they sell together or how many stores they have, NOTHING can compete with Wally World! |
Post# 49389 , Reply# 11   11/17/2004 at 19:28 (6,698 days old) by appnut ![]() |
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Post# 49396 , Reply# 12   11/17/2004 at 20:52 (6,698 days old) by Launderess ![]() |
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OMG! Yes, got it wrong, K-mart is buying Sears! Well when fancy hedge fund types get ahold of a company this is what can happen. Apparently, according to media reports, both K-mart and Sears are "dinosaurs" in the retail market and are looking to go up against Walmart. Sears stores are concentrated in shopping malls,whose business is dying, and K-mart is struggling against the likes of Walmart so both need "help". Stand alone K-mart stores will become Sears stores, and it looks like that will be a trend. Have to imagine the appliance and tool sales from Sears have suffered tight margins with the birth of Internet sales. Not to mention Sears great customer service (taking any appliance back for any reason within 30 days), puts it at a disadvantage from other stores like Best Buy and Lowes that take on restockng fees to discourage returns. Sears also faced heavy competition on the tools/home building supply front from stores like Lowes and Home Depot. Take away appliances and "hardware" what has Sears got? Tough Skins? Would be sad to see Sears go, but just to make sure am going to start eyeing appliances to put on my Sears card. Might as well take advantage of the free delivery and no interest offers before it's too late. Launderess |
Post# 49419 , Reply# 13   11/18/2004 at 05:01 (6,697 days old) by laundromat (Hilo, Hawaii)   |   | |
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Post# 49443 , Reply# 14   11/18/2004 at 14:10 (6,697 days old) by programcomputer (Ann Arbor Michigan, USA)   |   | |
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Post# 49480 , Reply# 15   11/18/2004 at 23:30 (6,697 days old) by rchris ()   |   | |
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According to the news reports Ive heard, there *will* be items with the Kenmore label which will make their way into K-Mart stores. |
Post# 49487 , Reply# 16   11/19/2004 at 06:59 (6,696 days old) by Peteski50 ![]() |
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Post# 49536 , Reply# 19   11/19/2004 at 19:41 (6,696 days old) by alr2903 (TN)   |   | |
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I miss WARDS and SEARS, Seems like Sears was never the same after the catalogue dept closed. Who knows what this merger will bring about. just my 2 cents worth. alr2903 |
Post# 49539 , Reply# 20   11/19/2004 at 20:06 (6,696 days old) by appnut ![]() |
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Hmm, as Chris mentioned above about Kenmore & Kmart. I was reflecting on all of this last night and thought, what irony if Kmart adds Kenmore appliances. Remember when KmArt sold Frigidaire, GE, and WP appliances and closed out that dept. in the early 1980s The Kmart here closed about a year ago. I don't think the property has been sold. And we have one of those Sears st ores that sells appliances, tools, yard equipment and the like. Although I'd love to have a wider display of appliances on the floor, I doubt SearMart would go to the location. Although I didn't shop much at Wards, I still miss it. After they closed here, I pretty much stopped looking at the Sunday paper--no more appliance ads. Last Saturday I drove to Killeen to get service on my cell phone. Was at the mall and went to the Sears. It was nice to see a decent display off appliances. Went to HomoDepot, barely had anything on the floor and what was in the weekly ad, wasn't even displayed. :-(
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Post# 49542 , Reply# 22   11/19/2004 at 20:49 (6,696 days old) by westytoploader ()   |   | |
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Cool washers; were the K-Mart Filter-Flos different from the ones sold elsewhere? Also, what year is this ad? Gotta go...the GE Portable's going to spin-brake! --Austin |
Post# 49550 , Reply# 25   11/19/2004 at 21:47 (6,696 days old) by agiflow-action ()   |   | |
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They look more like Hotpoint design washers from the control panel. |
Post# 49901 , Reply# 31   11/25/2004 at 23:40 (6,690 days old) by gansky1 ![]() |
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Post# 49945 , Reply# 32   11/26/2004 at 20:28 (6,689 days old) by appnut ![]() |
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Lemme add to what David and Greg have stated. Kmart had the only WP washers that still had MagicMix filters fairly high up in the model/feature mix. Yes, the GE laundry had only the little knobs mostly, but they were true GE's otherwise, not rebadged hotpoints. And Kmart was the first and only place I ever saw a rollermatic configured with the fabric softner atop the jet cone. Never knew Frigidaire had that type of option for their lesser models--another thing that irked me about Frigidaire. I only knew the Imperial and Custom Imperial models had built-in fabric softners.
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