Goodbye Kmart!

**mtburb** · September-24-21, 04:37 PM

The last Kmart store in the entire state of Michigan, in Marshall, is prepping to go out of business. Another blow for traditional brick and mortar retailers.

Only source so far: https://twitter.com/SearsJobs/status...742851073?s=19

**Former_Detroiter** · September-25-21, 09:45 AM

In the words of Raymond aka "Rain Man"

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**Zacha341** · September-25-21, 01:44 PM

^ Drats! In a way I will miss them. I purchased my then teen-aged daughters first Kathy Ireland leather coat there back as a HS grad gift.

**Hermod** · September-25-21, 07:35 PM

Ames, Zayre, JM Fields, WT Grant, Caldor, Woolco, Arlens, Masons, K-Mart, and several others tried that shtick. Only Walmart survived.

**Cincinnati_Kid** · September-26-21, 03:38 AM

JC Penneys is next on the list.

**Hermod** · September-26-21, 10:25 AM

Originally Posted by Cincinnati_Kid

JC Penneys is next on the list.

Well, Penneys is sort of in the mix with Sears, Montgomery Ward, Korvette, and Federal than the examples I gave. I am not sanguine about Penneys future.

**Scottathew** · September-26-21, 07:43 PM

On their locations page on their website you can click on states to see how many are left. Many states aren't even on the list. However, even the states that are on their list, many of them have no locations...

https://www.kmart.com/stores.html

**DetroiterOnTheWestCoast** · September-30-21, 10:43 AM

Bring back Kresge as a dollar store!

**Onthe405** · September-30-21, 03:31 PM

Originally Posted by Scottathew

On their locations page on their website you can click on states to see how many are left. Many states aren't even on the list. However, even the states that are on their list, many of them have no locations...

The website is overly optimistic and inaccurate. The webmaster will likely jump ship within short order.

There are about a dozen active stores left--half of which are offshore [Puerto Rico, Virgin Islands, Guam, etc]. Any others are stores in the liquidation process or closed already. The store in Lower Manhattan [Astor Place] was so far behind in rent, there wasn't even a liquidation sale. The property owner just locked the doors overnight.

The Guam store is enormous in size & still successful. If I were to hazard a guess, Eddie & Transformco will probably sell this to Kmart Australia, which is still viable [no common ownership, distribution, or marketing with the US corp, the logo was simply licensed decades ago].

**313WX** · September-30-21, 05:09 PM

Originally Posted by Onthe405

The website is overly optimistic and inaccurate. The webmaster will likely jump ship within short order.

Yep.

The website has a ton of stores listed that have long since closed.

I'd be surprised if they even still have an IT team.

**313WX** · September-30-21, 05:10 PM

Originally Posted by DetroiterOnTheWestCoast

Bring back Kresge as a dollar store!

It's going to be the Kresge $1.50 store now.

**Zacha341** · September-30-21, 05:31 PM

^ Right! Dollar Tree just raised their prices after all!

As the value of our currency continue to dive.

https://nypost.com/2021/09/29/dollar...on-many-items/

**bust** · September-30-21, 06:08 PM

It's relative.
Not for pensioners.
You have a pension?!?

**bust** · September-30-21, 06:19 PM

Passed down walkie-talkies
Still kinda work,
Analogly.

K-Mart, made in Japan,
With a circuit diagram.

When have you last seen that?

**Pat001** · October-01-21, 08:45 AM

Check an issue of Life Magazine from 1950 and you’d be amazed to see how many companies that were big advertisers are no longer in business.

**13606Cedargrove** · October-02-21, 10:21 AM

[QUOTE=Pat001;616613]Check an issue of Life Magazine from 1950 and you’d be amazed to see how many companies that were big advertisers are no longer in business.[/QUOTE

I have two LIFE magazines one week apart in 1971 and the same holds true. Some ads give prices, too. It is amazing what a dollar used to be worth.

**Hermod** · October-03-21, 04:10 AM

What was a dollar worth then?

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**wilderness** · October-03-21, 11:05 AM

"You have a pension?!?"
KMart Pensions are vested and managed by a separate company.

FWIW, some of those gals that worked at the K for decades were making decent money [[add pension and benefits) before K started downsizing [[perhaps the overhead another reason for their downfall).
pay raises were based on seniority.

**jcole** · October-03-21, 11:12 AM

This has to be pre 1970 because Hot Fudge Sundaes were at least .75$ when I was in high school.

Originally Posted by Hermod

What was a dollar worth then?

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**Hermod** · October-03-21, 02:45 PM

Originally Posted by jcole

This has to be pre 1970 because Hot Fudge Sundaes were at least .75$ when I was in high school.

1960

**Burnsie** · October-03-21, 03:14 PM

A dollar in March 1960 was equal to $9.31 of Aug. 2021 money, according to https://data.bls.gov/cgi-bin/cpicalc.pl

Average UAW Big 3 straight time rate was $2.79/hr in Dec. 1960, equal to $25.61 in Aug. 2021.