SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lee Lichterman III who wrote (46227)12/9/2021 4:27:25 PM
From: ajtj991 Recommendation

Recommended By
Lee Lichterman III

  Read Replies (1) of 96687
 
When I saw that K-Mart refused to update their existing stores in the late 80's, I knew they were not long for this world.

While Walmart was expanding everywhere with sparkling new stores and honing their concept, K-Mart instead went into the power-center business, acquiring Pace Membership Warehouse, Builders Square, Borders Books, The Sports Authority, and Office Max (along with their Big-K concept).

Pace was getting blitzed by Price/Costco and Sam's Club. Builders Square was in the process of being wiped out by the ever-expanding and impressive Lowes and Home Depot. Borders had no business being in those huge power centers. The Sports Authority was in a brutally competitive business. Office Max was the only entity that was doing well.

Just plain mismanagement all around. Throwing a bunch of failing companies together in some kind of down-spiraling company salad was just the most asinine think you could possibly do.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News