Thread Number: 533
K-Mart + Sears Merger
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Post# 49348   11/17/2004 at 12:15 (6,698 days old) by pulsator-power (connecticut)        

Anyone hear today that K-Mart & Sears are merging?
The new company will be called Sears Holdings Corp
& will have 7 Kmart execs & 3 Sears execs on the board.
This info is on the internet. Aparently, nothing will change.
Yeah, right.... I wonder what will happen with the Kenmore brand.

Post# 49349 , Reply# 1   11/17/2004 at 12:30 (6,698 days old) by PeterH770 (Marietta, GA)        

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More like you will see Craftman tools at KMart... It'll be just another marketing outlet for Sears products.

Post# 49353 , Reply# 2   11/17/2004 at 12:49 (6,698 days old) by partscounterman (Cortez, Colorado)        

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)        

Maybe they should call them KENMARTS? But i don't think the name will catch on.


Post# 49362 , Reply# 4   11/17/2004 at 15:18 (6,698 days old) by Launderess (Quiet Please, There´s a Lady on Stage)        

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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.


Post# 49365 , Reply# 5   11/17/2004 at 15:49 (6,698 days old) by mrb627 (Buford, GA)        
New Brand

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Perhaps the Kmore brand will be born.

Post# 49371 , Reply# 6   11/17/2004 at 16:26 (6,698 days old) by goatfarmer (South Bend, home of Champions)        

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The way I heard it,K Mart is buying Sears.


Post# 49373 , Reply# 7   11/17/2004 at 16:42 (6,698 days old) by jasonl ()        

Maybe the one cashier that's working at the Sears can go helpt the one cashier that's working at the K Mart down the street. Whoa! Two lines open at KMart? And you don't have to wait a hour? What is this world coming to?

Post# 49382 , Reply# 8   11/17/2004 at 18:30 (6,698 days old) by DADoES (TX, U.S. of A.)        

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The news bits I've read said it was KMart buying Sears. Which I find strange considering that KMart declared bankruptcy last year.

Post# 49385 , Reply# 9   11/17/2004 at 18:51 (6,698 days old) by Wash-me-blues ()        

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# 49386 , Reply# 10   11/17/2004 at 18:56 (6,698 days old) by Gyrafoam (Roanoke, VA)        

Hopefully they will survive as one entity. History has proven that TWO sick companies merging together rarely survive. Perhaps the "bad karma" comming from the Wal-Mart executive offices will affect Sears Holdings in a good way! It will NOT be a good thing for American consumers to have Sears disappear! But if it ever does watch for the collectors value of those old Kenmore's to jump!

Post# 49389 , Reply# 11   11/17/2004 at 19:28 (6,698 days old) by appnut (TX)        

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It would make me sick if Sears/Kenmore disappeared. I still like the feature/price mix on their appliances of any modern brand.

Post# 49396 , Reply# 12   11/17/2004 at 20:52 (6,698 days old) by Launderess (Quiet Please, There´s a Lady on Stage)        

launderess's profile picture

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.


Post# 49419 , Reply# 13   11/18/2004 at 05:01 (6,697 days old) by laundromat (Hilo, Hawaii)        

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Does this mean that when I go to Sears from now on I'll need to look for the flashing blue light or listen carefully for "Attention Kenmart shoppers,we're having a blue light special for the next 3 minutes in aisle...."? LOL

Post# 49443 , Reply# 14   11/18/2004 at 14:10 (6,697 days old) by programcomputer (Ann Arbor Michigan, USA)        
See My reply in SUPER forum

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I just posted about this in the Super forum....
should have looked here first..sorry!!!


Post# 49480 , Reply# 15   11/18/2004 at 23:30 (6,697 days old) by rchris ()        

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 (New York)        
K-Mart + Sears Merger

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I can't believe that being kmart was going to go bankrupt just 1 1/2 year ago they are able to buy sears. I certainly hope this doesn't turn into a situation like when wci bought frigidaire.

Post# 49498 , Reply# 17   11/19/2004 at 11:47 (6,696 days old) by lbcarguy ()        
How did they do it

Hey folks,

K-Mart was able to buy Sears because while in bankruptcy, they sold lots of stores: read that they sold lots of real estate. This gave them the cash to buy Sears.

Forecasts for their future are all over the map with many saying it only extends their life a few short years.

Bottom line: I personally feel Wal-Mart is a big problem in our economy and is bringing China up to speed so fast, we may never be able to maintain what is left of the middle class here.

I vote against them by not shopping there. Now the additional bad news is that Target and K-Mart/Sears are going to try to emulate the Wal-Mart formula. So, who benefits, mostly China. Yeah, prices are cheaper, but if you are out of work, what can you buy at any price?

I work in the auto industry and it won't be long before thousands of jobs start to migrate out of the mid-west and now South to China and Chinese cars start to hit the shores here.

At least the appliance collectors can keep the parts suppliers busy for a few extra years before all of that is closed up or moved to China.

Something to think about as we all head to the stores next week after Thanksgiving.

Post# 49527 , Reply# 18   11/19/2004 at 17:22 (6,696 days old) by 48bencix (Sacramento CA)        
Real Estate

Kmart's real estate sales are what is keeping the company flush with money. But Sears has plenty too. I think that's what this is all about. Sell off the real estate. It's probably the most valuable asset.

Don't get me wrong. I don't want Sears to go, I like Kenmore and Craftsman. The stores have a feeling of quality that Walmart and certainly Kmart lack. But the shopper has the final word. People seem to want cheap goods even if they are low quality. Many if not most people don't have the kind of money that quality goods would require.

I also felt bad when Montgomery Ward closed, I enjoyed shopping there.

The greatest loss will be the Sears parts department. I think you can still get parts for almost everything they sold.

Post# 49536 , Reply# 19   11/19/2004 at 19:41 (6,696 days old) by alr2903 (TN)        
well said 48Bencix

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 (TX)        

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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. :-(

Post# 49541 , Reply# 21   11/19/2004 at 20:40 (6,696 days old) by partscounterman (Cortez, Colorado)        
Kmart, sears, wards and wal-mart

I know Kame-a-part has had its detracter and problems but will always hold a special place in my heart. Kmart was my moms favorite store (target was too upscale for her) and my first part time job was with Kmart. The best thing about working at Kmart then was that they paid you CASH. Every week, you'd go get you pay envelope. inside was your paystub and your pay, in cash, to the penny. I didn't know better at the time and was SHOCKED at my next job (monkey wards) when all I got was a check. Kmarts biggest problem always was not enough stock on the sale items- rainchecks are a PITA.
If you've read my earlier posts, you know how I feel about sears. I would feel bad if they went away. I also like the feature/price choices that kenmore offers-but would prefer appliance retailing to go back to the independants.
I really miss Wards too. Toward the end it was sad, but when I was a child we were a Wards family (you either shopped Sears or Wards. I think most St. Paul families chose Wards cuz of the big warehouse there, and Minneapolis families mostly went to Sears, with the big store/whse on Lake st.) This was when Wards and Sears had all the stuff Home Despot has now. I think they made their product lines so small, that people quit going there.
I despise Walmart. I hate the way they come into communities, sell stuff so cheap that the existing local retailers can't compete. Then when there is no more competition-prices go up. I hate the way they pay their people so poorly, actively resisting any unionization efforts. I hate their big noisy stores. I need a darvon just to think about a walmart run. I find if I watch the sales, I can get stuff just as cheap at Longs Drug (like a hawaiian walgreens) and I don't require sedation when I get out of there.
Heres proof that Kmart used to carry Appliances

Post# 49542 , Reply# 22   11/19/2004 at 20:49 (6,696 days old) by westytoploader ()        

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!


Post# 49543 , Reply# 23   11/19/2004 at 20:59 (6,696 days old) by partscounterman (Cortez, Colorado)        
to answer your questions Austin

I'm sure these machines are really no different than any other GE washers at the time, but these models were probably built exclusivly for Kmart, in the usual effort to bamboozle consumers that are out comparing models/prices.
Heavy use of recreational drugs in my youth prevents me from recalling exactly what year these were from. Its a safe bet that you were only a gleam in you fathers eye at that point in history.
I wish I could wash clothes with that ge portable- another great machine I remember from my childhood

Post# 49547 , Reply# 24   11/19/2004 at 21:35 (6,696 days old) by westytoploader ()        

Yes--these look way before my time. GE long switched over to the chrome pushbuttons from the white toggle switches for agitation speed/temperature control in 1988, the year I was born (see profile).

The GE Portable is a very cool machine, made by Hitachi. Cleans well, has a fast spin, and the "vortex" action is fun to watch! It's also very reliable--has never given me a second's worth of trouble. I'll post pictures of it in action sometime.

Post# 49550 , Reply# 25   11/19/2004 at 21:47 (6,696 days old) by agiflow-action ()        

They look more like Hotpoint design washers from the control panel.

Post# 49565 , Reply# 26   11/20/2004 at 06:32 (6,695 days old) by gizmo (Victoria, Australia)        

interesting that Kmart is/was in such trouble in the USA. They are still one of the biggest retailers in Australia. Kmart Aus was originally a 50% joint venture between Coles stores and the KMart company in USA (SS Krege??)starting from the mid 1970's. Australia's first Kmart was just around the corner from where my partner grew up in Blackburn, a suburb of Melbourne.
In the 1980's Coles merged with Myer Stores, a department store chain rather like Sears. Myers also owned Target, who were at the time Kmart's main competition, but after the merger Coles-Myer slowly moved Target to be slightly more upmarket. There is no connection between Target USA and Target Aus. Target closed down some departments including auto and hardware.
Some time in the 1990's the joint venture agreement was up for re-negotiation, the US parent company was already in need of a cash injection so they sold off the Australian arm to Coles-Myer. Coles Myer now own Kmart Aus 100% and it is booming. (I own a few shares in Coles Myer so I am pleased to report that.) They still use the same logo as when they had the joint ownership.

Fortunately we don't have Walmart here, though we do have other stores selling cheap Chinese junk, such as The Wherehouse and the Reject Shop.


Post# 49851 , Reply# 27   11/24/2004 at 23:52 (6,691 days old) by cmiller990 ()        

I am new here, but lemme add my 2 cents. My grandma, grandpa, mom and dad moved up here in the early 80's.. The only store was a K-mart and Sears. JC Pennys was also here and so was wards, but both where not near each other.. Our sears, pennys and wards went to crap when the mall was built. In 89, Walmart arriaved.. I work there as a cashier, but my days there are short lived.. I have made the decision to leave, because its too physical, there is soooo much waste and i don't want to go work in a super center. Wal mart has closed many stores, in order to put there mega giants in, and have closed many grocery stores.. I would hate to see sears or k-mar leave.. I have wayyyyy to many memoires wandering around sears and the mall .. And Kmart too.. I know my parents purchased a mountain home here in the 70's.. The washer was similar to the one pictured in the kmart ad.. I know that there dryer was from k-mart but i could've sworn it was a whirlpool... I know people want cheap foriegn items, but still... OH, Walmart might start selling appliances, like mid next year.. They will be either Ge or Whirlpool variant Estate.. More likley GE, as they're sold at Sams. ALso maybe some Samsung stuff too...

Post# 49876 , Reply# 28   11/25/2004 at 16:16 (6,690 days old) by arrrooohhh (Sydney Australia)        

What is Walmart? I thought it was similar to K-Mart.

Its funny that people say shopping malls are dying, when they killed off downtown or high street shopping centres on the street. So where are these people shopping now?

In Australia it seems the Malls are all becoming the place to shop for clothes etc, while you get new shopping entres just out of town dedicated to furniture stores and electrical stores.

Post# 49882 , Reply# 29   11/25/2004 at 19:00 (6,690 days old) by westie2 ()        

Our Wal Mart was a test location for appliances. They started out with Frigidaire the changed over to GE. Since we are close to Corporate office and one of the older sotres (number 4) and a growing area was good but the appliance ailse is now gone. I remember Back in the early 60's that Kmart had Maytags washers and dryers for sale. Don't know when they last sold them.

Post# 49894 , Reply# 30   11/25/2004 at 22:43 (6,690 days old) by cmiller990 ()        

I know another bullitn went up on the bullitin board concerning this.. Apperantly, it will be GE and it is a "Test"... I work for HR Block part time, and the wal mart kiosk i am running for them, will be shared with the appliances...

Post# 49901 , Reply# 31   11/25/2004 at 23:40 (6,690 days old) by gansky1 (Omaha, The Home of the TV Dinner!)        

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I remember Kmart selling appliances too - Whirlpool, GE, Hoover (laundry) and GM Frigidaire! Most of the WP and Frigidaire models they had were "Estate" or "Gold Crown" type models, specially featured and priced models for certain markets/outlets.

Post# 49945 , Reply# 32   11/26/2004 at 20:28 (6,689 days old) by appnut (TX)        

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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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