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Old 01-06-2018, 01:50 AM
 
Location: Danville, VA
4,606 posts, read 3,022,959 times
Reputation: 2898

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Quote:
Originally Posted by Renownedtheworldaround View Post
Five more Kmart casualties in North Carolina:

-Midway Park (Jacksonville)
-Franklin
-Shelby
-Salisbury
-Sanford

(link: http://searsholdings.com/docs/010418...osing-list.pdf) searsholdings.com/docs/010418-st…
No surprise about Jacksonville. There are two Kmarts in that area.
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Old 01-06-2018, 01:54 AM
 
Location: Danville, VA
4,606 posts, read 3,022,959 times
Reputation: 2898
Quote:
Originally Posted by GarnetAndBlack View Post
During the summer I spent some time listening to 102.5 The Shark out of the Outer Banks and this K-Mart was constantly running ads for employee recruitment. I have no idea what the store looks like (not as dingy maybe?) but they must be the exception.
It could also mean a high turnover.

Another issue too is that anybody that's been paying attention knows that it's a matter of time before Sears goes under for good and considering how they've been closing stores right and left pretty rapidly, that will make it very difficult to recruit employees. Why work for a failing company who could put your store on the chopping block any day?

Last edited by LM117; 01-06-2018 at 02:13 AM..
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Old 01-06-2018, 03:43 AM
 
Location: Greenville, NC
1,069 posts, read 981,767 times
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True, but advertising takes money. Someone at corporate must have approved that. I’ve never heard ads for them otherwise.
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Old 01-06-2018, 06:20 AM
 
Location: The City of Medicine
1,187 posts, read 827,968 times
Reputation: 1000
Quote:
Originally Posted by LM117 View Post
No surprise about Jacksonville. There are two Kmarts in that area.
*There were two Kmarts in Jacksonville. The other Kmart in Jacksonville was put on the chopping block back in November and is slated to close this month.

Quote:
Originally Posted by GarnetAndBlack View Post
During the summer I spent some time listening to 102.5 The Shark out of the Outer Banks and this K-Mart was constantly running ads for employee recruitment. I have no idea what the store looks like (not as dingy maybe?) but they must be the exception.
Looks like a typical early '90s store. The Façade outside looks nice (for a Kmart)

Last edited by Renownedtheworldaround; 01-06-2018 at 06:32 AM..
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Old 01-06-2018, 06:28 AM
 
Location: South Carolina
19,983 posts, read 18,915,825 times
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Quote:
Originally Posted by abnheel View Post
Out of curiosity. what is the value in shopping at Kmart? Good prices? Products? Admittedly, I haven't been in one in years.
Revisiting this question, it is hard to think of the value of shopping at Kmart. Kmart helped provide reasons to shop at Walmart and Target. Seeing Walmart and Target stores remain open and busy and Kmart stores shuttered, Kmart was not able to retain business on necessities, price, service, etc.
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Old 01-06-2018, 06:32 AM
 
Location: South Carolina
19,983 posts, read 18,915,825 times
Reputation: 5254
Quote:
Originally Posted by GarnetAndBlack View Post
During the summer I spent some time listening to 102.5 The Shark out of the Outer Banks and this K-Mart was constantly running ads for employee recruitment. I have no idea what the store looks like (not as dingy maybe?) but they must be the exception.
Quote:
Originally Posted by LM117 View Post
It could also mean a high turnover.

Another issue too is that anybody that's been paying attention knows that it's a matter of time before Sears goes under for good and considering how they've been closing stores right and left pretty rapidly, that will make it very difficult to recruit employees. Why work for a failing company who could put your store on the chopping block any day?
Quote:
Originally Posted by GarnetAndBlack View Post
True, but advertising takes money. Someone at corporate must have approved that. I’ve never heard ads for them otherwise.
The only recruitment I can see Kmart doing is hiring sign holders standing at intersections holding Kmart store closing signs.

Sears Holdings' uncertain future is enough for prospective job applicants to pass by.
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Old 01-06-2018, 08:50 AM
 
Location: Danville, VA
4,606 posts, read 3,022,959 times
Reputation: 2898
Quote:
Originally Posted by Renownedtheworldaround View Post
*There were two Kmarts in Jacksonville. The other Kmart in Jacksonville was put on the chopping block back in November and is slated to close this month.
I forgot about that.
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Old 01-06-2018, 08:58 AM
 
Location: Danville, VA
4,606 posts, read 3,022,959 times
Reputation: 2898
Quote:
Originally Posted by Carolina Knight View Post
Seeing Walmart and Target stores remain open and busy and Kmart stores shuttered, Kmart was not able to retain business on necessities, price, service, etc.
It also doesn't help when a hedge fund manager tries to run a retail business. The worst thing Kmart did was let Eddie Lampert sink his claws into them and then Sears. Sears was doomed the moment Kmart bought it. Eddie thought he could run retail better than people who had been doing it their whole lives. His only interest is milking the real estate for all it's worth.

I remember a few years ago that the position of President had opened in the company and stayed open for over a year because nobody would touch it due to Eddie's reputation of being a micromanager. The position eventually got filled with a yes-man.

There are other factors that led to their downfall, but Eddie is the biggest, IMO. At least JC Penney had the sense to ditch Ron Johnson.
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