How Kmart Went From Beating Walmart And Target To Bankruptcy

[Canada Goose]

K mart shoul have been out of biz in the early 2000s.

They have locations in PRIME nyc traffic areas. Like 34th attached to penn station. If you walk inside it’s like a portal to 1982. Only reason I could image these locations belong open still is they got 30 year leases and locked into rent prices from the 90s.

They just opened a target on 34 so it’s reslly curtains.

There's also a K Mart in the East Village not too far from where NYU is at. I just assumed that particular K Mart eats good off broke NYC students buying random cheap items, etc

 

[Ol’Otis]

Target is godly on the inside

 

[The God Poster]

I went to one recently , it literally looked like 1996 in there shyt was weird !

elaborate?

 

[⠀X ⠀]

Didn't they make Rosie O'Donell the face of K-Mart? I'm pretty sure that had something to do with their downfall...

 

[Ya' Cousin Cleon]

All them CEO’s cash out while they employees walk away with nothing

fukk these stores

 

[Black White Sox Hat]

today's kids will never know about getting teased about buying blue light specials

but damn in my lifetime ive shopped at
kmart
jamesway
clovers
Woolworth

Phar-Mor

Service Merchandise

 

[⠀X ⠀]

elaborate?

Yeah. Did they like have tickle me Elmo's, discmans and Goofy Movie VHS's or something?

 

[8WON6]

Alot of execs have no idea how to innovate at these companies. They are just highly paid managers of an already rolling machine. Once things changed and the internet and amazon became a thing, they didn't know how to adapt. Even with decades of infrastructure already in place.

 

[ZEupTWN]

Use to live down the street from the one in Chillum, MD off Riggs rd and yeah that place is straight up time capsule..Was just around there visiting a friend, apparently there home and garden section is still decent and cheaper option than somewhere like Home Depot for that area..

And ironically the Pizza Hut in front of it is still open as well as that random cheap shoe store, I was sitting there like gottdamn this area hasn’t changed at all

If I remember correctly the rise of target in the late 90s-00s was the knife to its back...

 

[Jparker]

@young3000 that one by state still open?

 

[hayesc0]

kmart just like sears didn't adapt

Same company lol

 

[JoseLuisGotcha]

Phar-Mor

Service Merchandise

Been to both

kB toystore
Children’s palace
Kid city

 

[hayesc0]

Phar-Mor

Service Merchandise

I made a thread about Phar-Mor years ago no replies lol. That shyt was like a dream for a kid in the 90s. Remember them cheap ass can sodas you could buy I think they was like 25 cents? Service Merchandise was the shyt too had all types of electronics jewelry and shyt loved going in and just looking around my aunt actually worked at one back in the day lol.

Does anyone else remember the retail store Phar-Mor

 

[Ol’Otis]

Children’s palace

i'm surprised this is closing down

 

[Yade]

elaborate?

When I walked in , everything looked old as fukk and outdated , it was literally mind blowing it felt like I walked outta a time machine into 1996