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Economy

bucolic_frolic

(53,860 posts)

1. The old Kmart was part of the carcass too

Reply to mahatmakanejeeves (Original post)

Fri Dec 26, 2025, 08:22 PM

Friday

Chuck Conaway was installed as CEO. He's worth a google. Was there a connection between him and Lampert? Both from CT area. Kmart went bankrupt after a price sticker war with Walmart, Lampert bought it out of bankruptcy. Now Sears and Kmart are kaput.

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Highlight:

Sears had more than 3,400 stores in 2005 -- then it was purchased by a hedge fund magnate. [View all] mahatmakanejeeves Friday OP

The old Kmart was part of the carcass too bucolic_frolic Friday #1

Institutionalized theft Cirsium Friday #2

The story of many retailers. Some others in similar circumstances: Wiz Imp Friday #3

Lampert sabbat hunter Friday #4

They are cannibals KT2000 Friday #5

Textbook example of vulture capitalism Permanut Friday #6

Ugh Chi67 Friday #7

In my town of 20K residents... Orrex Yesterday #8