PDA

View Full Version : Kmart to buy Sears


DenverChief
11-17-2004, 01:47 PM
Color me suprised I thought Kmart was on its way down and out of the retail business
DES MOINES, Iowa - Wal-Mart Stores Inc. is widely referred to among its suppliers as the 800-pound gorilla. What the giant retailer wants, it usually gets.

Now, many manufacturers must be wondering whether Kmart Holding Corp.'s pending acquisition of Sears, Roebuck & Co. will create a second behemoth that demands lower prices for their goods or, worse, drops them altogether.

In announcing their marriage intentions Wednesday, the two retailers said they expect to save $300 million a year through "improved merchandising and non-merchandising, purchasing scale as well as improved supply chain, administrative and other operational efficiencies."

For suppliers, the key words are "purchasing scale" and "improved supply chain." Those goals might translate into such buying power that to retain Sears/Kmart's business, manufacturers may be forced to go overseas to make products at a profit.

"When they say they need a $49 price point for an electric drill, people have to come up with ways to do it," said Bill Drumm, president of Establish/Herbert W. Davis, a supply-chain consultant in Fort Lee, N.J. Significant U.S. manufacturing went offshore in order to meet the prices that Wal-Mart dictated, he said.

Moreover, whereas several companies may be making drills for Sears and Kmart now, in the future the combined company may seek a single source.

"Say today Sears has three suppliers of (something) and Kmart has three. Combining them you don't get six," Drumm said. "If I was No. 4 or 5, I would be concerned. If I was one of the top three I'd be thrilled."

Indeed, Sears' biggest supplier of major appliances, Whirlpool Corp., believes the merger "will be a plus for us, absolutely," said spokesman Steve Duthie.

He expects Sears will convert more Kmarts into Sears outlets, which means more locations where customers can buy Kenmore washers, driers and other appliances that Whirlpool makes under Sears' house brand.

Asked whether Whirlpool expects the combined retailer to exact cheaper prices from it, Duthie replied, "We don't foresee that at all." He noted that Whirlpool has announced plans to increase its prices to retailers between 5 percent and 10 percent next year to reflect higher costs of steel and other raw materials.

Sears now buys from more than 10,000 suppliers. The number of Kmart suppliers and their overlap with Sears couldn't be determined.

http://news.yahoo.com/news?tmpl=story&u=/ap/20041117/ap_on_bi_ge/kmart_sears_suppliers_1

Ari Chi3fs
11-17-2004, 01:50 PM
this could save KMart's ass... they need to convert KMarts into Sear's and not Sears into KMart... I aint going to KMart to get pics for my kids. heh. ghetto ass KMart.

DenverChief
11-17-2004, 01:53 PM
this could save KMart's ass... they need to convert KMarts into Sear's and not Sears into KMart... I aint going to KMart to get pics for my kids. heh. ghetto ass KMart.


agreed keeping the Sears name is probably in their best interest

KCWolfman
11-17-2004, 01:57 PM
Color me suprised I thought Kmart was on its way down and out of the retail business


http://news.yahoo.com/news?tmpl=story&u=/ap/20041117/ap_on_bi_ge/kmart_sears_suppliers_1
You guys don't read the financial section much, do you?

K-Mart has been in the black for quite some time. Their stocked is now more than 12 times worth what it was a mere 18 months ago. It has been on the rise for more than a year.

And Sears was in the same dire financial straits only months earlier.

Neither K-Mart nor Sears will change their lines. Just K-Mart will now garner Sears profits.

DenverChief
11-17-2004, 02:02 PM
You guys don't read the financial section much, do you?

K-Mart has been in the black for quite some time. Their stocked is now more than 12 times worth what it was a mere 18 months ago. It has been on the rise for more than a year.

And Sears was in the same dire financial straits only months earlier.

Neither K-Mart nor Sears will change their lines. Just K-Mart will now garner Sears profits.



nope sure don't just remember the Stewart scandal, the closing of many Kmarts due to not being able to compete with Walmart, when you walk into a Kmart you see one lane open all day it makes you wonder too, I figured it was all doom and gloom for Kmart...

Brock
11-17-2004, 02:03 PM
nope sure don't just remember the Stewart scandal, the closing of many Kmarts due to not being able to compete with Walmart, when you walk into a Kmart you see one lane open all day it makes you wonder too, I figured it was all doom and gloom for Kmart...


Yeah - real gloomy.
http://chart.finance.yahoo.com/c/2y/k/kmrt.gif

KCWolfman
11-17-2004, 02:05 PM
nope sure don't just remember the Stewart scandal, the closing of many Kmarts due to not being able to compete with Walmart, when you walk into a Kmart you see one lane open all day it makes you wonder too, I figured it was all doom and gloom for Kmart...
That's what happens when you read People Magazine and use one store as your judgement for a chain of thousands.

DenverChief
11-17-2004, 02:05 PM
so yeah the article says that Kmarts will be converted into sears outlets...I wonder if that means you can do your grocery shopping and power tool shopping all in one? :hmmm:

DenverChief
11-17-2004, 02:05 PM
That's what happens when you read People Magazine and use one store as your judgement for a chain of thousands.


is that how it works?

KCWolfman
11-17-2004, 02:06 PM
Yeah - real gloomy.
http://chart.finance.yahoo.com/c/2y/k/kmrt.gif
I bought in at 15 per share. I guess I am glad I didn't use Martha Stewart as my gauge for viability.

Soupnazi
11-17-2004, 02:06 PM
I bought Kmart stock when it was $19, mostly on a real estate play. The amount of land they owned was worth more than the stock was being valued at that point. Needless to say, I've been pretty happy w/ the results.

KCWolfman
11-17-2004, 02:07 PM
so yeah the article says that Kmarts will be converted into sears outlets...I wonder if that means you can do your grocery shopping and power tool shopping all in one? :hmmm:
KMart doesn't sell a line of groceries - only a few items.

WalMart and Target already offer such services together.

Brock
11-17-2004, 02:07 PM
I missed the boat big time. Didn't notice till it was at 45.

KCWolfman
11-17-2004, 02:09 PM
I bought Kmart stock when it was $19, mostly on a real estate play. The amount of land they owned was worth more than the stock was being valued at that point. Needless to say, I've been pretty happy w/ the results.
Snazi - I did the same at the same price. Unfortunately, I only bought 200 shares as I had never tried that kind of risk before.

I hope for the same results with IBC (now IBCIQ - Wonderbread). They declared bankruptcy only a few weeks ago and I bought ten times as many shares at just around 2 each. It is already at 4.25 and if it caps even 40 I stand to make a buttload.

KCWolfman
11-17-2004, 02:09 PM
I missed the boat big time. Didn't notice till it was at 45.
That is still more than double today.

DenverChief
11-17-2004, 02:10 PM
KMart doesn't sell a line of groceries - only a few items.

WalMart and Target already offer such services together.


uh yes they do

http://www.kmartcorp.com/corp/investor/fact/factbk_1998/images/superK_flrplan.gif
Super Kmart Centers offer Kmart a long-term vehicle for growth. These stores present the ultimate shopping experience, combining a full assortment of fresh groceries with a broad selection of general merchandise found at traditional Kmart and Big Kmart stores.
http://www.kmartcorp.com/corp/investor/fact/factbk_1998/7.stm

Demonpenz
11-17-2004, 02:10 PM
Remember there was a thread about it. Someone was going to do something risky with their money and another person said "You could put it in Kmart, it would be just ask risky."

Soupnazi
11-17-2004, 02:10 PM
I missed the boat big time. Didn't notice till it was at 45.

Hell, I'll take a 100+% gain in a year any old day.

Brock
11-17-2004, 02:10 PM
That is still more than double today.

F*ck you very much. ROFL

Demonpenz
11-17-2004, 02:11 PM
Kmart Big sell groceries

KCWolfman
11-17-2004, 02:12 PM
uh yes they do

http://www.kmartcorp.com/corp/investor/fact/factbk_1998/images/superK_flrplan.gif

http://www.kmartcorp.com/corp/investor/fact/factbk_1998/7.stm
You realize your link also shows they already sell powertools as well?

And they have always carried Craftsmen.

KCWolfman
11-17-2004, 02:13 PM
Remember there was a thread about it. Someone was going to do something risky with their money and another person said "You could put it in Kmart, it would be just ask risky."
Yeah, I brought it back up when my stock capped over 70, but cannot do so again now until the search feature is fixed.

Demonpenz
11-17-2004, 02:14 PM
There is a difference between the super K and the regular kmarts. Super K's have always sold power tools since i think 97

PastorMikH
11-17-2004, 02:15 PM
Have a guy in the church that is a assistant manager at the local KMart. He's filled me in on a lot. They have actually been doing rather well and making a comeback since selling the stores that were losing money. He told me about this possible merger a few months back. He said it was speculation and they didn't know for sure at the time if it would go through or not. Said that if it did go through it could open up the Craftsman and Kenmore lines to be sold in the local Kmart and some of the clothing lines in Kmart to be seen also in Sears. He mentioned several other things but those were the ones I seem to remember.

Demonpenz
11-17-2004, 02:16 PM
Yeah, I brought it back up when my stock capped over 70, but cannot do so again now until the search feature is fixed.

Buy low sell high. When Kmart switched their entire executives board and redid their long term buisness plan, I thought to myself "Well it can't go as bad as it has the last couple years.

KCWolfman
11-17-2004, 02:16 PM
There is a difference between the super K and the regular kmarts. Super K's have always sold power tools since i think 97
Regular ones sell powertools as well. My Mom-in-law is a manager and I get a tidy discount on my sabersaws, blades, routers, bits, sawzalls, and drills I get there all the time.

The Pedestrian
11-17-2004, 03:11 PM
DAMNIT!!! :banghead:

I bought 200 shares in a class project when they were worth less than a penny and sold them when they didn't move.... :banghead:







:p

Lzen
11-17-2004, 03:22 PM
Wow, you guys should cut DC a little slack. Heck, I was not aware that Kmart was doing well now. All I know is that they closed one store in my city and the other 2 are always pretty close to empty. Not to mention that Walmart is opening a 3rd store and it doesn't look good for Kfart here. But wow, that seems like a good deal to me. Perhaps it will help to keep Walmart from someday becoming the 800lb gorilla that doesn't have any competition so they charge high prices. Competition is always a good thing. :thumb:

Deberg_1990
11-17-2004, 04:23 PM
Wow, you guys should cut DC a little slack. Heck, I was not aware that Kmart was doing well now. All I know is that they closed one store in my city and the other 2 are always pretty close to empty. Not to mention that Walmart is opening a 3rd store and it doesn't look good for Kfart here. But wow, that seems like a good deal to me. Perhaps it will help to keep Walmart from someday becoming the 800lb gorilla that doesn't have any competition so they charge high prices. Competition is always a good thing. :thumb:

Agreed....Kmart staying in business is in all of our best interests. They help to keep Wal-Mart Honest......Although, I dont care much for either place. They are both "ghetto" to me. Target is what I like.

Demonpenz
11-17-2004, 04:26 PM
the target in springfield is the most ghetto thing i have ever seen

Deberg_1990
11-17-2004, 04:29 PM
the target in springfield is the most ghetto thing i have ever seen

really?? wow...All of the ones I have ever been in are nice and clean and they never clog the aisles with pallets of junk. Wal-Mart is notorious for that. I cant stand it.

milkman
11-17-2004, 04:34 PM
Snazi - I did the same at the same price. Unfortunately, I only bought 200 shares as I had never tried that kind of risk before.

I hope for the same results with IBC (now IBCIQ - Wonderbread). They declared bankruptcy only a few weeks ago and I bought ten times as many shares at just around 2 each. It is already at 4.25 and if it caps even 40 I stand to make a buttload.

I work for this outfit(IBC), and unless there are some changes in strategy, I just wouldn't have much faith in their ability to rebound like K-Mart did.

Mosbonian
11-17-2004, 04:59 PM
Y'all need to take a class in Accounting...

First off, it is the Kmart holding company that has all the cash...$6 billion dollars worth. Problem is, that they have done nothing to improve the stores that need improvement and that is quite a number of them. And that cash trove that they have been hording, while getting everyone excited, just showed all the retail experts that they were right.....Kmart may have some nice real estate holdings, but as a retail entity they have no clue.

Sames store sales for Kmart have steadily declined in double digits...what is worse is that they are double digit declines from the previous year which were also double digit declines.

Now, Kmart and Sears have decided to merge....whoop de frigging doo!! As has been intimated, Sears has been in a decline itself.....so what you have here are two retail entities that have been losing market share and still have no clue as to how to fix the declines. Sear's has decided that they are going to do the Sear's Great Indoor store, which will probable have the same success as the other model, Sear's Great Outdoors.

And just in case anyone thinks that that $6 billion treasure trove is a cushion, think about how much it will cost to retool all of the stores if they decide to make a go of it. While this merger is just a swap of stock and no cash is involved in the transaction, do you really think that money is just going to sit there? Eddie Lampert didn't make money by letting it grow interest......

The short term on this may be a great investment, but I am not a long haul guy....until these two retail "giants" figure out how to compete with Wal-mart, Target, or Home Depot, they will just slowly eat up cash, or could even diminish in value.

mmaddog
*******

DenverChief
11-18-2004, 07:14 AM
Y'all need to take a class in Accounting...

First off, it is the Kmart holding company that has all the cash...$6 billion dollars worth. Problem is, that they have done nothing to improve the stores that need improvement and that is quite a number of them. And that cash trove that they have been hording, while getting everyone excited, just showed all the retail experts that they were right.....Kmart may have some nice real estate holdings, but as a retail entity they have no clue.

Sames store sales for Kmart have steadily declined in double digits...what is worse is that they are double digit declines from the previous year which were also double digit declines.

Now, Kmart and Sears have decided to merge....whoop de frigging doo!! As has been intimated, Sears has been in a decline itself.....so what you have here are two retail entities that have been losing market share and still have no clue as to how to fix the declines. Sear's has decided that they are going to do the Sear's Great Indoor store, which will probable have the same success as the other model, Sear's Great Outdoors.

And just in case anyone thinks that that $6 billion treasure trove is a cushion, think about how much it will cost to retool all of the stores if they decide to make a go of it. While this merger is just a swap of stock and no cash is involved in the transaction, do you really think that money is just going to sit there? Eddie Lampert didn't make money by letting it grow interest......

The short term on this may be a great investment, but I am not a long haul guy....until these two retail "giants" figure out how to compete with Wal-mart, Target, or Home Depot, they will just slowly eat up cash, or could even diminish in value.

mmaddog
*******

interesting :hmmm:

Lzen
11-18-2004, 09:38 AM
Agreed....Kmart staying in business is in all of our best interests. They help to keep Wal-Mart Honest......Although, I dont care much for either place. They are both "ghetto" to me. Target is what I like.

ROFL Frankly, I see no difference in Walmart, Kmart, or Target. I find it amusing that you think 2 are ghetto and 1 you like.

I like Walmart. They aren't ghetto. They are a pretty clean store. They have pretty much everything I need which means I only have to go to one store. This is a definite plus for someone like myself who hates going shopping.

One thing I do hate about it, though, is all the idiots who stand in the middle of the aisles in the friggin' way. That annoys me to no end. I'm like, "get the heck outta the way". Well, I don't actually say that out loud because I'm not a jackass. But if they have half a brain, they can see the frustration on my face.

milkman
11-20-2004, 06:11 PM
ROFL Frankly, I see no difference in Walmart, Kmart, or Target. I find it amusing that you think 2 are ghetto and 1 you like.

I like Walmart. They aren't ghetto. They are a pretty clean store. They have pretty much everything I need which means I only have to go to one store. This is a definite plus for someone like myself who hates going shopping.

One thing I do hate about it, though, is all the idiots who stand in the middle of the aisles in the friggin' way. That annoys me to no end. I'm like, "get the heck outta the way". Well, I don't actually say that out loud because I'm not a jackass. But if they have half a brain, they can see the frustration on my face.

"Ghetto" depends on the location of the store.
In the Ventura/Oxnard Ca. area, K-Mart and Target are pretty bad, while the WalMart is fairly claen.

Up on the central coast, the K-Mart and Target stores are pretty nice while the WalMart is Ghetto.

As for the idiots that just stand in the way in the middle of the aisle, I think the problem is exactly that they only have half a brain.

Mosbonian
11-20-2004, 06:22 PM
Just so all you know....

Everyone talks about how bad WalMart is for everyone.....do any of you have a clue that Target is just as bad in their relations with vendors as Wal-mart is?

mmaddog
*******

milkman
11-20-2004, 06:37 PM
Just so all you know....

Everyone talks about how bad WalMart is for everyone.....do any of you have a clue that Target is just as bad in their relations with vendors as Wal-mart is?

mmaddog
*******

I would say worse, based on how the paperwork is handled by our corporate office.

Brando
11-20-2004, 06:38 PM
Just so all you know....

Everyone talks about how bad WalMart is for everyone.....do any of you have a clue that Target is just as bad in their relations with vendors as Wal-mart is?

mmaddog
*******
The real problem with Wal-Mart/Target (big box retailers) is that they crush a local economy. Cities and towns exist to generate wealth. It is what makes them thrive.
Instead of local specialty shops that reinvest their profits locally the profits of Wal-Mart and others go back to their home location. In most cases in the past local governments have fallen all over themselves when approached about building one of these stores and given nice tax breaks.
Plus since they are not from Flint, Syracuse, Belton, etc.. they do not care how their store effects the local economy or how it's big box ugliness with large parking lots effect the public realm.
If you had a choice between a functioning Main Street with all that it has to offer and a big gray warehouse what would you choose?
Local shops and boutiques spawn off restaurants, cafes, arcades, book stores, dry cleaners, shoe repair shops, etc. You have to look no farther than Brookside to see a functioning model of what life used to be like.
Instead we negotiate parking lot lagoons and wait in line.
Sure there is a convenience that comes with one stop shopping but is it worth the sacrifice of some more substantial and pleasing?

Mosbonian
11-20-2004, 07:14 PM
I would say worse, based on how the paperwork is handled by our corporate office.

Do you work for Target?

mmaddog
*******

Mosbonian
11-20-2004, 07:23 PM
The real problem with Wal-Mart/Target (big box retailers) is that they crush a local economy. Cities and towns exist to generate wealth. It is what makes them thrive.
Instead of local specialty shops that reinvest their profits locally the profits of Wal-Mart and others go back to their home location. In most cases in the past local governments have fallen all over themselves when approached about building one of these stores and given nice tax breaks.
Plus since they are not from Flint, Syracuse, Belton, etc.. they do not care how their store effects the local economy or how it's big box ugliness with large parking lots effect the public realm.
If you had a choice between a functioning Main Street with all that it has to offer and a big gray warehouse what would you choose?
Local shops and boutiques spawn off restaurants, cafes, arcades, book stores, dry cleaners, shoe repair shops, etc. You have to look no farther than Brookside to see a functioning model of what life used to be like.
Instead we negotiate parking lot lagoons and wait in line.
Sure there is a convenience that comes with one stop shopping but is it worth the sacrifice of some more substantial and pleasing?

They go further than wreaking havoc on a retail basis.....if you have ever done business with the big retailers then you know that those "lowest prices in town" come at the expense of the vendors, which in many cases causes loss in jobs.

mmaddog
*******

milkman
11-21-2004, 11:46 AM
Do you work for Target?

mmaddog
*******

Insterstate Brands.
We are one of the vendors that have to deal with them.

Mosbonian
11-21-2004, 03:09 PM
Insterstate Brands.
We are one of the vendors that have to deal with them.

So are we.....and it is irritating what they get away with being as large as they are.

You work in the Credit or Compliance Departments?

mmaddog
*******

PastorMikH
11-21-2004, 03:36 PM
The real problem with Wal-Mart/Target (big box retailers) is that they crush a local economy. Cities and towns exist to generate wealth. It is what makes them thrive.
Instead of local specialty shops that reinvest their profits locally the profits of Wal-Mart and others go back to their home location. In most cases in the past local governments have fallen all over themselves when approached about building one of these stores and given nice tax breaks.
Plus since they are not from Flint, Syracuse, Belton, etc.. they do not care how their store effects the local economy or how it's big box ugliness with large parking lots effect the public realm.
If you had a choice between a functioning Main Street with all that it has to offer and a big gray warehouse what would you choose?
Local shops and boutiques spawn off restaurants, cafes, arcades, book stores, dry cleaners, shoe repair shops, etc. You have to look no farther than Brookside to see a functioning model of what life used to be like.
Instead we negotiate parking lot lagoons and wait in line.
Sure there is a convenience that comes with one stop shopping but is it worth the sacrifice of some more substantial and pleasing?



Though I agree with your arguement, sometimes NOT getting one of these stores can hurt a local economy as well. I watched in the last town we lived in, those local downtown stores and resturaunts suffer because people would drive an hour away (in three different directions) to get to one of the walmarts. While in those towns, they would frequent the shops in the neigboring towns, forgetting the shops in our own town, and eating in resturaunts of the towns with the walmarts.

Also, had a walmart came to that town and shut down every downtown business, walmart would have still hired 2x - 3x the workforce that the jobs that a dozen mom & pop stores one discount store's closing would have lost. Add in also, that with people shopping localy, they would also keep their resturaunt $ locally as well. Add in a forth to half of a cent sales tax increase, the increased amount of $ spent in that town could have provided some needed improvements.

Personally, I think Wal Mart's attitude has changed a lot over the last decade, and I am getting more and more dissapointed with them. They will run their course in time. Sears, JC Penny, and Motgomery Wards used to be the big dogs, now it's walmart's turn. However, just because they are big now doesn't mean they will stay that way forever.

Baby Lee
11-21-2004, 04:10 PM
The real problem with Wal-Mart/Target (big box retailers) is that they crush a local economy. Cities and towns exist to generate wealth. It is what makes them thrive.
Instead of local specialty shops that reinvest their profits locally the profits of Wal-Mart and others go back to their home location. In most cases in the past local governments have fallen all over themselves when approached about building one of these stores and given nice tax breaks.
Plus since they are not from Flint, Syracuse, Belton, etc.. they do not care how their store effects the local economy or how it's big box ugliness with large parking lots effect the public realm.
If you had a choice between a functioning Main Street with all that it has to offer and a big gray warehouse what would you choose?
Local shops and boutiques spawn off restaurants, cafes, arcades, book stores, dry cleaners, shoe repair shops, etc. You have to look no farther than Brookside to see a functioning model of what life used to be like.
Instead we negotiate parking lot lagoons and wait in line.
Sure there is a convenience that comes with one stop shopping but is it worth the sacrifice of some more substantial and pleasing?
I do find it ironic that the people who are alarmed that our fate as consumers is increasingly channelled through Bentonville, AR, are sanguine about how much of our life is channelled through Washington DC.

milkman
11-21-2004, 04:45 PM
So are we.....and it is irritating what they get away with being as large as they are.

You work in the Credit or Compliance Departments?

mmaddog
*******

I work in the route sales department.
My post regarding the paperwork goes to the detail we, as route salesmen, have to put into it before we can submit it AR.

Inspector
11-21-2004, 05:25 PM
Keep fvckin doubting K-sears!!

Mosbonian
11-21-2004, 09:28 PM
I work in the route sales department.
My post regarding the paperwork goes to the detail we, as route salesmen, have to put into it before we can submit it AR.

I can tell you that all of the paperwork you are asked to file becomes absolutely necessary to be able to support the A/R Department whenever it has to fight Chargebacks and Deductions that have become the new Revenue Center for companies.

mmaddog
*******

Mosbonian
11-21-2004, 09:30 PM
Keep fvckin doubting K-sears!!

Don't you mean SearsMart?

mmaddog
*******

Mr. Kotter
11-21-2004, 09:31 PM
Does anyone REALLY give a sh*t?

KcMizzou
11-21-2004, 09:34 PM
Does anyone REALLY give a sh*t? 50 posts would indicate that someone does... :shrug:

Mr. Kotter
11-21-2004, 09:36 PM
50 posts would indicate that someone does... :shrug:

That or DC is just an attention whore....NTTAWWT... :p

Mosbonian
11-21-2004, 09:44 PM
Does anyone REALLY give a sh*t?

Actually I do.....

Your problem now is that you have one large company that has no idea what it truly wants to be. And one that will now use it's buying power to force smaller profits margins down to it's suppliers while it tries to figure out what business model it wants to function under.

The people this hurts....Sear's & Kmart's vendor community, which in the end will cost your friend and neighbor's their job.

mmaddog
*******

KCWolfman
11-21-2004, 11:21 PM
Actually I do.....

Your problem now is that you have one large company that has no idea what it truly wants to be. And one that will now use it's buying power to force smaller profits margins down to it's suppliers while it tries to figure out what business model it wants to function under.

The people this hurts....Sear's & Kmart's vendor community, which in the end will cost your friend and neighbor's their job.

mmaddog
*******
Innovative business owners will find new outlets. My wife's boss started in internet sales only 5 years ago to adapt and a company that was going bankrupt only a few years ago is now a thriving business once again.

There is always a market for the small businessman, just not a market that is consistent in one field.

Mr. Kotter
11-21-2004, 11:25 PM
Actually I do.....

Your problem now is that you have one large company that has no idea what it truly wants to be. And one that will now use it's buying power to force smaller profits margins down to it's suppliers while it tries to figure out what business model it wants to function under.

The people this hurts....Sear's & Kmart's vendor community, which in the end will cost your friend and neighbor's their job.

mmaddog
*******

Sorry 'bout that dude; but I still don't give a sh*t.

As long as I pay LESS for products in the end; otherwise, I'll go to Wal-Mart anyway. :hmmm:

Maybe, subconsciously, this is my way of gettin' even for the bastards that say "teachers only work 9 months a year" and they are just "glorified baby sitters."

Maybe, just maybe that's it.... :hmmm:

Mosbonian
11-22-2004, 12:08 PM
Sorry 'bout that dude; but I still don't give a sh*t.

As long as I pay LESS for products in the end; otherwise, I'll go to Wal-Mart anyway. :hmmm:

Maybe, subconsciously, this is my way of gettin' even for the bastards that say "teachers only work 9 months a year" and they are just "glorified baby sitters."

Maybe, just maybe that's it.... :hmmm:

Eventually, you'll end up "giving a shit"....but by the time you do, it will be too late for you to do anything about it.

You're paying less, because in many cases it is an inferior product with a limited life...

Plus, i guess it doesn't matter to you that the jobs being lost now aren't manufacturing jobs....they are the service jobs that we all thought would never leave the mainland.

As for those "stable" teaching jobs you are comfortable with....I guess I won't "give a shit" when the school systems lose more teaching jobs becasue of a smaller tax base....or when home schooling becomes even more popular and teaching jobs are lost due to lost funding.

I guess we shouldn't give a shit about anyone then....

mmaddog
********

BigMeatballDave
11-22-2004, 12:15 PM
They are both "ghetto" to me. Target is what I like.
ROFL They're all the same...

BigMeatballDave
11-22-2004, 12:18 PM
really?? wow...All of the ones I have ever been in are nice and clean and they never clog the aisles with pallets of junk. Wal-Mart is notorious for that. I cant stand it.Not in any Wal-mart in my area. FWIW, they just built a Wal-mart in a mostly affluent town, not far from me. The place is packed everytime I'm there.

BigMeatballDave
11-22-2004, 12:23 PM
I like Walmart. They aren't ghetto. They are a pretty clean store. They have pretty much everything I need which means I only have to go to one store. This is a definite plus for someone like myself who hates going shopping.

That right there is my reason for shopping at Wal-mart. One stop. Their prices don't hurt, either...

BigMeatballDave
11-22-2004, 12:27 PM
Insterstate Brands.
We are one of the vendors that have to deal with them.Ah, your employer makes Ding-Dongs and Suzy-Qs...