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Kmart Corporation
Beginning of paper
Kmart was formed in the late 1950's to challenge new forms of discount stores. They are a descendant of an organization Sebastian S. Kresge. The average Kmart store is around 100,000 square feet. In 1987 Kmart was the largest discount retailer in the United States. They currently have 2,223 stores and last year they had over $25 billion in sal ....
Middle of paper
.... 32 times in a year, meanwhile the average Kmart customer only visits 15 times in a year. They have to be in financial trouble since they are getting pressure from vendors to pay their bills on time.
Alternative Solutions-
Kmart needs to find a certain area that they are better at then Wal-Mart. They are not going to be able to beat their price.... |
| Word count: 452 |
Page count: 2 |
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