Yesterday's walk included a podcast about KMart, which is down to 3 stores from a peek of 3000 in the '90s. Those of us who remember their iconic "blue light specials" where for just a few moments, you could get real bargains, and the live pet sections, where you could get turtles and fish, know this is a model that will not likely be repeated!
They were affiliated with Sears, which has already disappeared along with Gimbles, Woolworths, Radio Shack, and even Blockbuster videos. It does not seem possible, but someday, Costco, Target and even Amazon could disappear.
Then, because my mind wanders as I walk, I thought about little bitty St. Peter's college, right here in NJ, which tonight will try to dethrone the mammoth, North Carolina, during the March Madness basketball tournament.
Then, the image of a current first grader, in the future, upsetting an aging Jeff Bezos made me smile all the way home!.
4 comments:
I used to love all the Martha Stewart items at KMart. How interesting to think how much it has changed in 30 years. Haven't thought about that store in years.
I'm curious what the podcast was. My friend's mom works at one of those K-marts and keeps saying she will work until they close, because they have to be closing soon - right?! The friend is ready to have grandma come visit for a few months and yet the K-mart seems determined to be the last one standing, like the Blockbuster in Bend, OR.
Here is the link to the podcast...there are three left including that one on the West coast, on in LI and I am not sure where the other one was!
https://podcasts.apple.com/us/podcast/episode-4-how-walmart-crushed-kmart/id1488081499?i=1000459046527
I’d cb love to know the name of the podcast. Corporations get too comfortable in their bloated ness and fail to innovate w/ the times. Sears, for example, underestimated the power of online retailing. I dream of the implosion of Amazon and Walmart.
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