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Kmart will close 54 stores in Texas, 326 nationwide
The Dallas Morning News ^ | January 14, 2003 | By ANURADHA RAGHUNATHAN / The Dallas Morning News

Posted on 01/14/2003 1:53:57 PM PST by MeekOneGOP


Kmart will close 54 stores in Texas

01/14/2003

By ANURADHA RAGHUNATHAN / The Dallas Morning News

Kmart Corp., a Michigan-based discount retailer that's in the middle of a bankruptcy reorganization, said Tuesday that it will close three-quarters of its stores in Texas as it shutters 326 nationwide.

The company also said it will lay off up to 35,000 workers, including 5,269 in Texas.

Kmart said it will close 54 of its 73 Texas stores and a distribution center in Corsicana that employs 378.

Among the store closures will be the only remaining Dallas location, on Walton Walker Boulevard.

Also Online

List of North Texas Kmart stores to be closed

Kmart
(Official Web site)

Three stores will be closed in Arlington and one each in DeSoto, Denton, Fort Worth, Garland, Greenville, Haltom City, Hurst, Irving and Plano. Other closures include locations in Austin, Houston, Sherman and Wichita Falls.

The closings include nine Super Kmart locations.

"They are sacrificing more than 300 stores and 30,000 people in an effort to secure the survival of the rest," said Kurt Barnard president of Barnard's Retail Consulting Group. "The challenges are tremendous. They have Wal-Marts everywhere and they have Targets everywhere."

Kmart has said it will emerge from bankruptcy in late April.

Read more on this story in Wednesday's Dallas Morning News.


Online at: http://www.dallasnews.com/latestnews/stories/011403dnbizkmart.ad4b5.html


TOPICS: Business/Economy; Extended News; News/Current Events; US: Texas
KEYWORDS: bluelight; kmart; storesclose; texas; thepartysover; turnoutthelights
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KMart Blue Light


1 posted on 01/14/2003 1:53:57 PM PST by MeekOneGOP
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To: All
K-Mart: already dead and buried. The only thing missing is the tombstone.....
2 posted on 01/14/2003 1:55:55 PM PST by Malcolm
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To: MeeknMing
Source: Kmart To Close 5 Remaining S.A. Stores, San Anotnio Blue light going out They are closing all of them in some areas. Good riddance I say. I hated their stores. Terrible service in the ones I went to and dirty.
3 posted on 01/14/2003 2:00:52 PM PST by chance33_98
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To: MeeknMing
Good riddance to my local K-mart dump - you'd have to go back to communist Russia (during their rare boom times, to be sure,) to see that kind of mess, and experience the rudeness of multicultural sales clerks here. I only hope their help doesn't get re-hired at the nearby TARGET.
4 posted on 01/14/2003 2:06:30 PM PST by Revolting cat! (Someone left the cake out in the rain I dont think that I can take it coz it took so long to bake it)
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To: MeeknMing
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5 posted on 01/14/2003 2:20:50 PM PST by cake_crumb (REFUSE TO BE ASSIMILATED INTO THE COLLECTIVE! DONATE TO FR!!)
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To: MeeknMing
KMart is closing down - this is news? I wonder why the media doesn't report the opening of store chains such as Best Buy or others - too many to mention - and only report the news of closings.

Fundamentally, however, the only physical stores that are holding their own are the discount types which are losing customers to the Internet. My information tells me that more and more people are shopping online or mail order through catalogs. The physical store where people go to buy things is fast becoming a dinosaur.

6 posted on 01/14/2003 2:20:52 PM PST by eleni121
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To: MeeknMing
I hear that all the Kmarts' and WalMarts'are closed in Iraq.

(are you ready for this)

They are now all Targets.

yukyukyuk

7 posted on 01/14/2003 2:21:34 PM PST by capydick
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To: capydick
snicker
8 posted on 01/14/2003 2:23:30 PM PST by ItsJeff
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To: MeeknMing
The K-Mart in Waco is a pain ... it is probably gonna shut down, too. We have 2 Wal-Marts, a brand new Target Greatland and a Sam's Club ... I try to avoid them all. I hate crowds.
9 posted on 01/14/2003 2:24:54 PM PST by ValerieUSA (I'm a TEXAN!)
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To: ValerieUSA
Good riddance to K-Mart. Rude clerks and dirty stores does not appeal to me as a shopper. The only redeeming feature offered was a self scan and payment check-out option.
10 posted on 01/14/2003 2:34:21 PM PST by Conservababe
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To: eleni121
The physical store where people go to buy things is fast becoming a dinosaur.

I hope not entirely.

I don't mind paying a bit more to be able to look over the various types of merchandise in person, and/or buy something on the spot and take it home immediately instead of waiting for it to be shipped from someplace.

11 posted on 01/14/2003 2:40:42 PM PST by Dan Day
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To: MeeknMing
The Kmart in Plano has consistently terrible service and surly employees.
12 posted on 01/14/2003 2:49:31 PM PST by moyden
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To: Dan Day
I agree. And I will go out of my way to provide a word of support for an employee who goes out of his way to be helpful.
13 posted on 01/14/2003 2:56:42 PM PST by Alberta's Child
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To: MeeknMing
Dirty, smelly, poorly stocked, poorly staffed . . . don't think this warrior princess will miss 'em.
14 posted on 01/14/2003 2:58:17 PM PST by Xenalyte (Target shopper)
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To: Dan Day
I don't think that the "physical" store will entirely disappear in the near future. And I agree somewhat with you - being able to finger and touch and smell etc the merchandise is a kind of pleasure...I guess. But I see my shopaholic friends who are now internet shopaholics and I notice malls and shopping plazas gradually becoming ghosts of their former selves...
15 posted on 01/14/2003 3:08:26 PM PST by eleni121
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To: Revolting cat!
You haven't shopped at a Wal-Mart in Texas in the recent past, have you? Wal-Mart has gotten much worse in the last 12 months.
16 posted on 01/14/2003 3:10:37 PM PST by Karsus (TrueFacts=GOOD, GoodFacts=BAD)
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Comment #17 Removed by Moderator

To: chance33_98
I love K-Mart; hate Wal-Mart. Because of the irrational preference for Wal-Mart, you can go into a K-Mart at just about any time of day, find a decent parking space, and shop at a leisurely pace without being bumped and jostled by the hay-seeds that seem to live in Wal-Mart.

The prices are just as reasonable, and the service is better, not worse.

Just got back from returning a Playstation 2 that we decided we didn't need at Wal-Mart, and had to hassle with the clerk at the "Customer 'Service'" desk because she claimed it couldn't be returned if opened--even though the sign behind her said this was true only for CDs/Tapes/VHS/DVDs and the like.

We had to wait for the manager to come up front--about five minutes--and tell her it was okay to take the stupid thing back.

This after standing in line for fifteen minutes because there was only ONE PERSON at the "service" desk to take back their shoddy merchandise.

AFAIC, the wrong corporation is going down the tubes. Since Walton's death, Wal-Mart is a hell-hole.

18 posted on 01/14/2003 3:20:01 PM PST by Illbay
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To: chance33_98
Yes, KMart has always had problems. I like Wal-Mart a LOT better. Better quality products, a lot better prices, cleaner, you name it...
19 posted on 01/14/2003 3:33:09 PM PST by MeekOneGOP (Just for grins: http://muffin.eggheads.org/images/funny/dogsmile.jpg)
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To: cake_crumb
Howdy, my FRiend !
20 posted on 01/14/2003 3:34:11 PM PST by MeekOneGOP (Just for grins: http://muffin.eggheads.org/images/funny/dogsmile.jpg)
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