Weblog
01/22/02 02:24 PM: Kmart Blew It
An interesting read at Forbes.com: How Kmart Blew It
“Calling Kmart a mess is an understatement these days. The country’s second-largest discounter after Wal-Mart Stores (nyse: WMT), with 2,113 stores nationwide, Kmart is wobbling on the brink of insolvency. Once a formidable, fast-growing retailer with roots reaching back to 1899, Kmart was the place where young couples in the 1960s and 1970s bought their first dinette sets and suburban lawn chairs.”
