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Kmart Problems

[Summary]Kmart didn't want to resort to this, but I am so appalled by my experience and how it was handled by Kmart/Sears customer service that I feel compelled to share it so no one else has to waste their valuable time on this company.I have a Kmart store a

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Kmart

didn’t want to resort to this, but I am so appalled by my experience and how it was handled by Kmart/Sears customer service that I feel compelled to share it so no one else has to waste their valuable time on this company.I have a Kmart store about a mile from my home, but have preferred to spend my money at a competitor’s store, which is the same distance from my work as Kmart is from my home, due to better prices and selection.

Three Things That Kmart Needs To Fix If It Wants To Survive

Margaret Bogenrief

Margaret Bogenrief is a partner with ACM Partners.

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Kmart Problems

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Kmart Problems

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Can Kmart become competitive again, only if it corrects problems that limit its competitiveness. K-Mart, KMart, bankruptcy, Edward Lampert

Kmart an Endangered Species

by Jalexson

Multimillionaire hedge fund manager Edward Lampert from Greenwich, Conn., has rescued Kmart from bankruptcy by purchasing $2 billion worth of Kmart creditor claims and agreeing to pump $350 million in cash into the company. It hasn't been disclosed how much he spent to purchase the debt. He will control 49% of the company's stock, hold one of the seats on nine-member board of directors and name three others. Julian Day will be the new president and CEO.

Sears, Kmart failed to anticipate their customers' needs

Bonnie Knutson compares brand strategy to shooting a deer or pheasant: You aim beyond the prey. If you don’t, the animal is gone by the time the bullet gets there.

“This is what happened to Sears and Kmart,” said Ms. Knutson, a Michigan State University business professor who follows retail trends.

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