CNN reports that sales at Kmart and Sears stores have imploded. Well, yes, if your advertisements show the "same junk as Wal-Mart" with a 1970s era sign saying "get yer polyester here!" to everyone who remembers, good luck keeping the stores open.
And really, Kmart hasn't been very relevant to my life, ever. I remember the bankruptcy--thinking "good riddance" of course--and than was appalled that they gobbled up a decent store like Sears in the process. Regrettably, I've been close to right about the outcome--Sears would get their prices and Kmart's products.
The good news is that the companies are eligible for bankruptcy again, so maybe someone can buy them for pennies on the dollar and make them worthwhile again. Well, at least Sears.
Read the whole thing - I'm assuming there's another side to this story, but it's a hell of a story: [Michael Chambers's] nightmare began when a Mississippi social worker, Kyra Re...
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