History UsefulNotes / Kmart

21st May '16 1:48:44 AM KYCubbie
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Kmart used to own several other chains: a supercenter called American Fare[[note]]which failed after only three stores, although the name lives on as one of Kmart's private brands[[/note]]; hardware superstore Builders Square[[note]]sold to Hechinger in 1997, closed in 1999[[/note]]; bookstore chains Borders and Waldenbooks[[note]]spun off into their own company which went under in 2011[[/note]]; office supply chain [=OfficeMax=][[note]]sold off in 1995 and continues to hold its own to this day, although it is in the process of merging with Office Depot[[/note]]; Pace Warehouse[[note]]a warehouse club similar to Sam's Club, to whom many locations were sold in 1993[[/note]]; Payless Drugs[[note]]sold off in 1994, bought out by Rite Aid in 1999[[/note]]; and Sports Authority[[note]]sold off in 1995 and did well until being saddled with debt in a 2007 management buyout; went into bankruptcy in 2016 and may end up going under entirely[[/note]].

to:

Kmart used to own several other chains: a supercenter called American Fare[[note]]which failed after only three stores, although the name lives on as one of Kmart's private brands[[/note]]; hardware superstore Builders Square[[note]]sold to Hechinger in 1997, closed in 1999[[/note]]; bookstore chains Borders and Waldenbooks[[note]]spun off into their own company which went under in 2011[[/note]]; office supply chain [=OfficeMax=][[note]]sold off in 1995 and continues 1995; continued to hold its own to this day, although it is in the process of until merging with Office Depot[[/note]]; Depot in 2013, though both nameplates are still in use[[/note]]; Pace Warehouse[[note]]a warehouse club similar to Sam's Club, to whom many locations were sold in 1993[[/note]]; Payless Drugs[[note]]sold off in 1994, bought out by Rite Aid in 1999[[/note]]; and Sports Authority[[note]]sold off in 1995 and did well until being saddled with debt massive debts in a 2007 management buyout; went into bankruptcy in 2016 and may end up going under entirely[[/note]].
in 2016[[/note]].
2nd May '16 11:47:40 PM KYCubbie
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The first Kmart (or K-Mart, as it was then known) opened in Garden City, Michigan in 1962. The chain eventually reached a peak of 2,000 stores by 2000, coinciding with their newly-renovated "Big K" stores (which was around the same time they stopped upgrading their equipment -- seriously, it's like stepping into 1993). Unfortunately, Kmart has fallen to a rather distant third place in the discounter race, namely due to being behind on remodeling, poor location build-out, deranged leadership[[note]]Eddie "[[SmallNameBigEgo New Warren Buffet]]" "[[PointyHairedBoss Crazy Eddie]]" "[[ConvenienceStoreGiftShopping Rolex Watch]]" Lampert[[/note]], and general incompetence. It also saw the loss of its Canadian locations in 1998 to rival Zellers (which itself was sold to Kmart rival Target in 2013, oh for the now-Target Canada to be so poorly run that it was shut down in 2015).

Today, of course, Kmart is still going (but going nowhere), with around 1,200 stores and maybe a dozen Kmart Super Centers. In 2005, it merged with Sears and now carries Sears' Craftsman and Kenmore brands, although not power tools or heavy appliances at most locations. Some of the stores are merely maintained for the real estate between them (the impetus for the Sears merger) and close when inevitably the land price becomes higher than maintaining a store there; for instance, the Kmart near Green Bay, Wisconsin's Lambeau Field happily closed when the Packers offered a mint to the company for the land.

to:

The first Kmart (or K-Mart, as it was then known) opened in Garden City, Michigan in 1962. The chain eventually reached a peak of 2,000 stores by 2000, coinciding with their newly-renovated "Big K" stores (which was around the same time they stopped upgrading their equipment -- seriously, it's like stepping into 1993). Unfortunately, Kmart has fallen to a rather distant third place in the discounter race, namely due to being behind on remodeling, poor location build-out, deranged leadership[[note]]Eddie "[[SmallNameBigEgo New Warren Buffet]]" Buffett]]" "[[PointyHairedBoss Crazy Eddie]]" "[[ConvenienceStoreGiftShopping Rolex Watch]]" Lampert[[/note]], and general incompetence. It also saw the loss of its Canadian locations in 1998 to rival Zellers (which itself was sold to Kmart rival Target in 2013, oh only for the now-Target Canada to be so poorly run that it was shut down in 2015).

Today, of course, Kmart is still going (but going nowhere), with around 1,200 stores and maybe a dozen Kmart Super Centers. In 2005, it merged with Sears and now carries Sears' Craftsman and Kenmore brands, although not power tools or heavy appliances at most locations. Some of the stores are merely maintained for the real estate between them (the impetus for the Sears merger) and close when inevitably the land price becomes higher than maintaining a store there; for instance, the Kmart near Green Bay, Wisconsin's Lambeau Field happily closed when the Packers [[UsefulNotes/NationalFootballLeague Packers]] offered a mint to the company for the land.



Kmart used to own several other chains: a supercenter called American Fare[[note]]which failed after only three stores, although the name lives on as one of Kmart's private brands[[/note]]; hardware superstore Builders Square[[note]]sold to Hechinger in 1997, closed in 1999[[/note]]; bookstore chains Borders and Waldenbooks[[note]]spun off into their own company which went under in 2011[[/note]]; office supply chain [=OfficeMax=][[note]]sold off in 1995 and continues to hold its own to this day; although it is in the process of merging with Office Depot[[/note]]; Pace Warehouse[[note]]a warehouse club similar to Sam's Club, to whom many locations were sold in 1993[[/note]]; Payless Drugs[[note]]sold off in 1994, bought out by Rite Aid in 1999[[/note]]; and Sports Authority[[note]]sold off in 1995 and did well until being saddled with debt in a 2007 management buyout; went into bankruptcy in 2016 and may end up going under entirely[[/note]].

to:

Kmart used to own several other chains: a supercenter called American Fare[[note]]which failed after only three stores, although the name lives on as one of Kmart's private brands[[/note]]; hardware superstore Builders Square[[note]]sold to Hechinger in 1997, closed in 1999[[/note]]; bookstore chains Borders and Waldenbooks[[note]]spun off into their own company which went under in 2011[[/note]]; office supply chain [=OfficeMax=][[note]]sold off in 1995 and continues to hold its own to this day; day, although it is in the process of merging with Office Depot[[/note]]; Pace Warehouse[[note]]a warehouse club similar to Sam's Club, to whom many locations were sold in 1993[[/note]]; Payless Drugs[[note]]sold off in 1994, bought out by Rite Aid in 1999[[/note]]; and Sports Authority[[note]]sold off in 1995 and did well until being saddled with debt in a 2007 management buyout; went into bankruptcy in 2016 and may end up going under entirely[[/note]].
2nd May '16 11:46:06 PM KYCubbie
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Kmart used to own several other chains: a supercenter called American Fare[[note]]which failed after only three stores, although the name lives on as one of Kmart's private brands[[/note]]; hardware superstore Builders Square[[note]]sold to Hechinger in 1997, closed in 1999[[/note]]; bookstore chains Borders and Waldenbooks[[note]]spun off into their own company which went under in 2011[[/note]]; office supply chain [=OfficeMax=][[note]]sold off in 1995 and continues to hold its own to this day; although it is in the process of merging with Office Depot[[/note]]; Pace Warehouse[[note]]a warehouse club similar to Sam's Club, to whom many locations were sold in 1993[[/note]]; Payless Drugs[[note]]sold off in 1994, bought out by Rite Aid in 1999[[/note]]; and Sports Authority[[note]]sold off in 1995, continues to do well to this day[[/note]].

to:

Kmart used to own several other chains: a supercenter called American Fare[[note]]which failed after only three stores, although the name lives on as one of Kmart's private brands[[/note]]; hardware superstore Builders Square[[note]]sold to Hechinger in 1997, closed in 1999[[/note]]; bookstore chains Borders and Waldenbooks[[note]]spun off into their own company which went under in 2011[[/note]]; office supply chain [=OfficeMax=][[note]]sold off in 1995 and continues to hold its own to this day; although it is in the process of merging with Office Depot[[/note]]; Pace Warehouse[[note]]a warehouse club similar to Sam's Club, to whom many locations were sold in 1993[[/note]]; Payless Drugs[[note]]sold off in 1994, bought out by Rite Aid in 1999[[/note]]; and Sports Authority[[note]]sold off in 1995, continues to do 1995 and did well to this day[[/note]].
until being saddled with debt in a 2007 management buyout; went into bankruptcy in 2016 and may end up going under entirely[[/note]].
2nd Feb '16 4:20:32 PM MarkLungo
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* When the children of ''WesternAnimation/SouthPark'' discuss how wealthy Token's family is, one thing they point out is all of his clothes are high end, while their's all came from "J-Mart". Unusual for South Park, as they usually work hard to avert BlandNameProduct.

to:

* When the children of ''WesternAnimation/SouthPark'' discuss how wealthy Token's family is, one thing they point out is all of his clothes are high end, while their's theirs all came from "J-Mart". Unusual for South Park, ''South Park'', as they usually work hard to avert BlandNameProduct.



-->''"[[TheStinger ...K-Mart is the savings place!]]"''

to:

-->''"[[TheStinger ...K-Mart is the savings place!]]"''place!]]"''
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31st Jan '16 10:55:04 PM MJTR
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Added DiffLines:

* When the children of ''WesternAnimation/SouthPark'' discuss how wealthy Token's family is, one thing they point out is all of his clothes are high end, while their's all came from "J-Mart". Unusual for South Park, as they usually work hard to avert BlandNameProduct.
20th Aug '15 5:36:59 PM oknazevad
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The first Kmart (or K-Mart, as it was then known) opened in Garden City, Michigan in 1962. The chain eventually reached a peak of 2,000 stores by 2000, coinciding with their newly-renovated "Big K" stores (which was around the same time they stopped upgrading their equipment -- seriously, it's like stepping into 1993). Unfortunately, Kmart has fallen to a rather distant third place in the discounter race, namely due to being behind on remodeling, poor location build-out, deranged leadership[[note]]Eddie "[[SmallNameBigEgo New Warren Buffet]]" "[[PointyHairedBoss Crazy Eddie]]" "[[ConvenienceStoreGiftShopping Rolex Watch]]" Lampert[[/note]], and general incompetence. It also saw the loss of its Canadian locations in 1998 to rival Zellers (which itself will be sold to Kmart rival Target in 2013, with some already sold to UsefulNotes/{{Walmart}}).

to:

The first Kmart (or K-Mart, as it was then known) opened in Garden City, Michigan in 1962. The chain eventually reached a peak of 2,000 stores by 2000, coinciding with their newly-renovated "Big K" stores (which was around the same time they stopped upgrading their equipment -- seriously, it's like stepping into 1993). Unfortunately, Kmart has fallen to a rather distant third place in the discounter race, namely due to being behind on remodeling, poor location build-out, deranged leadership[[note]]Eddie "[[SmallNameBigEgo New Warren Buffet]]" "[[PointyHairedBoss Crazy Eddie]]" "[[ConvenienceStoreGiftShopping Rolex Watch]]" Lampert[[/note]], and general incompetence. It also saw the loss of its Canadian locations in 1998 to rival Zellers (which itself will be was sold to Kmart rival Target in 2013, with some already sold oh for the now-Target Canada to UsefulNotes/{{Walmart}}).
be so poorly run that it was shut down in 2015).
12th Aug '15 11:13:20 AM MarkLungo
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* A ConspiracyTheorist / InternetToughGuy who managed to turn TalkAboutTheWeather into a series of [[IllKillYou death]] [[IneffectualDeathThreat threats]], doxxings, and other sustained harassment campaigns got the nickname K-Mart in any discussion of him. This was done in order to prevent him from Googling his own name and harassing anyone discussing his multiple failed weather predictions, his scientific illiteracy, and his use of YouCanPanicNow to gain attention and web traffic.

to:

* A ConspiracyTheorist / InternetToughGuy ConspiracyTheorist[=/=]InternetToughGuy who managed to turn TalkAboutTheWeather into a series of [[IllKillYou death]] [[IneffectualDeathThreat threats]], doxxings, and other sustained harassment campaigns got the nickname K-Mart in any discussion of him. This was done in order to prevent him from Googling his own name and harassing anyone discussing his multiple failed weather predictions, his scientific illiteracy, and his use of YouCanPanicNow to gain attention and web traffic.
12th Aug '15 12:22:28 AM RevolutionStone
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Added DiffLines:

* A ConspiracyTheorist / InternetToughGuy who managed to turn TalkAboutTheWeather into a series of [[IllKillYou death]] [[IneffectualDeathThreat threats]], doxxings, and other sustained harassment campaigns got the nickname K-Mart in any discussion of him. This was done in order to prevent him from Googling his own name and harassing anyone discussing his multiple failed weather predictions, his scientific illiteracy, and his use of YouCanPanicNow to gain attention and web traffic.
22nd May '15 2:53:40 PM Green_lantern40
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** Music/{{Eminem}}'s 2004 song "Rain Man" includes the line "Definitely... K-Mart" as a double reference.



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-->''"[[TheStinger ...K-Mart is the savings place!]]"''
1st Feb '15 9:34:52 AM johnnyfog
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Today, of course, Kmart is still around (but going nowhere) with around 1,200 stores and maybe a dozen Kmart Super Centers. In 2005, it merged with Sears and now carries Sears' Craftsman and Kenmore brands, although not power tools or heavy appliances at most locations. Some of the stores are merely maintained for the real estate between them (the impetus for the Sears merger) and close when inevitably the land price becomes higher than maintaining a store there; for instance, the Kmart near Green Bay, Wisconsin's Lambeau Field happily closed when the Packers offered a mint to the company for the land.

to:

Today, of course, Kmart is still around going (but going nowhere) nowhere), with around 1,200 stores and maybe a dozen Kmart Super Centers. In 2005, it merged with Sears and now carries Sears' Craftsman and Kenmore brands, although not power tools or heavy appliances at most locations. Some of the stores are merely maintained for the real estate between them (the impetus for the Sears merger) and close when inevitably the land price becomes higher than maintaining a store there; for instance, the Kmart near Green Bay, Wisconsin's Lambeau Field happily closed when the Packers offered a mint to the company for the land.
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