Thread regarding Kmart layoffs

The end....

Black Friday last year was over a hundred waiting to get in, this year about 6. Ad s---ed, product scarce..Weekend kind of busy but nothing compares to last year. January will be the deciding factor but already heard over 140 Kmarts closing..If you are doing well in sales it don't matter. No store is safe....

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There were 150 Kmart stores that opened their doors 40 years ago. These are leases that aren't being renewed at current market rates. Even stores that are profitable for the company can't survive base rents that would increase 500 percent in many cases.

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Pretty much nailed it. Don't be surprised if all the Kmarts get shut down at this point.

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