K-Mart files chapter 11!

[Keefe]

Kmart Corp. filed Tuesday for Chapter 11 bankruptcy protection, the biggest retail bankruptcy ever, ending weeks of speculation about the financial health of the No. 2 U.S. discount retailer.

Read more here!

http://money.cnn.com/2002/01/22/comp...mart/index.htm

wow! that kinda suprising  

I didn't know that kmart was # 2 retailer. Walmart announced Mon or Tues that is was the Worlds  largest Retailer.

[Keefe]

Walmart should just buy out k-mart.  Then I might finally get a Walmart in my city!

k-mart sucks

Yeah, Kmart never did have friendly or helpful employees around here and when Walmart opened the first store here in 1980 I never did go back to Kmart. Hadn't been in one in years.
But I remember they did this once before about 10 yrs ago, closed lots of stores then came back as big Kmart or something.

Keep in mind that K-Mart foolishly did absolutely nothing to change their image or their product line after Wal-Mart came to be.  You have to at least stay caught up with your competitor if you want any chance at all of surviving!!

The sad thing is that I work at kmart.

Lol  I hate this store.   I work alone in electronic department.  

This people think that one is superman or I don't know.

Walmart is beating all retailers stores.   They are simple the best.  Their polictic to the costumer is teh best.   And always there are a lot of employees.