Kmart

A dead retail store where the shelves and parking lot are always empty!

1.Cheap or of low quality.
2.Actually bought from a Kmart store.

While Kmart did indeed file for bankruptcy in 2002, closing those stores enabled Kmart to reinvent itself, provide a larger selection of merchandise and initiate a merger with Sears, now known as Sears Holding Co.

Kmart was originally founded in 1899 by Sebastian S. Kresge as S.S. Kresge Co.

When Kresge opened his first store in 1899, he sold everything for 5 and 10 cents. The low prices appealed to shoppers and allowed him to expand to 85 stores in 1912, with annual sales of more than $10 million.

In 2003 Kmart exited Chapter 11 bankruptcy protection as Kmart Holding Corp and announced the merger with Sears in 2004.

The Company currently employs more than 133,000 associates, a far cry from the staff of 18 first employed at Kresge's five-and dime.

(i.e. a hell of a lot better than Wal-mart, note the definition about Wal-mart's edited CDs.)

name give to someone whos name starts with a K and last name starts with a "mart"

The act of making someone feel the depression or shame akin to that felt upon walking into a K-Mart.

I laugh whenever someone describes "Kmart" merchandise as cheap. It reveals their ignorance, because it's an URBAN MYTH and shows just how gullible the American public has become.

Kmart is always my FIRST stop whenever I go out looking for good buys. I've purchased high-quality dress shirts (with silk tie included), golf shirts, leather belts, faux swede shirts, dress slacks, cargo shorts, leather dress shoes, casual leather loafers, ultra-light running shoes, sports equipment, underwear, t-shirts, kitchen applicances, CDs, DVDs, crystal stemware, ceramic bakeware, power tools, gardening equipment and even an expresso/cappaccino maker from Kmart, and NEVER had any problem. I've done exchanges and received discounts on recent purchases without any trouble.

S. S. Kresge used to compete directly with F. W. Woolworth, and Ben Franklin stores. Where the hell are they now, when Kmart staged one of the biggest turn-arounds in discount retailing history, I ask?

I applaud "harvardgirl87" for her knowledge of the S. S. Kresge Co. and Kmart. Back in 2002, Kmart stock hit bottom selling for $1.92/share. Today, Sears Holding owns Kmart and is selling at $149.24/share, which is up 5.54% from YESTERDAY'S price...an increase of $7.84/share in JUST ONE DAY!

So tell me, who is the dummy now? Yes, feel free to pull your head out of your ass and begin doing your own research!

And STOP being so gullible by attaching an erroneous tag that is totally inaccurate, and shows how big a moron you really are!

When kmart filed for bankruptcy, the lawyers and other assorted vermin claimed at the time that there was no money left for common shareholders. Common shares were canceled and the shareholders got screwed.

"Miraculously" after it was too late, the vermin "discovered" a very large amount of assets that did NOT go to the shareholders but to the vermin that planned the whole thing. They made millions upon millions of dollars and bought sears.

Thus the shareholders were kmarted. Utterly screwed by the corrupt bankruptcy system