DISCUSS!
I think it's good for both brands, in a world of uncertainty. They would be unlikely to continue on in a Wal-Mart society. So a merger was inevitable!
it will help Kmart out in a way the only problem about it is that we won't be seeing that manny Kmarts any more
The question is, at what cost are they willing to stay competitive?
There has been a lot of chatter on Kmart message boards that many stores (the current ones being remodeled Orange) are becoming Sears Grand and the rest might stay Kmart, but be like an outlet/big lots type thing. Again just rumors.
Wouldn't that make both brands appear cheap? That's definitely not down Sears' alley! Sears is the upscale store, while KMart is the one going down the hole. Sears has a reputation to uphold to not only its customers but to the retail industy itself.
Wow, so Sears will be the mother of all department stores, and K-Mart will the the little ghetto "Sear's Basement" selling off all of the out of season crap. Guess they can do away with Sears Outlets now... Hehehe
QuoteOriginally posted by C. Fontaine
Wow, so Sears will be the mother of all department stores, and K-Mart will the the little ghetto "Sear's Basement" selling off all of the out of season crap. Guess they can do away with Sears Outlets now... Hehehe
k-mart the"ghetto" oh no wal-lart is "the ghetto" the toys area is messy
What about Sears Hardware? Will old Kmarts become them too?
Idk.. i don't think KMart will be phased out completely! Because you're not going to put a Sears in a poor part of town, and expect it to do well.
:insane:
:P:dizzy:
Interesting articles... like the part about Vornado Realty Trust... Two Guys, Alexander's... is Kmart next ?
http://www.alaskajournal.com/stories/112804/vie_20041128007.shtml
http://retailtrafficmag.com/mag/retail_smart_real_estate/
I have to say that, I stronglt believe that Sears might keep the Kmart name, even after al the rumors and news reports. Why waste a perfectly good name? I mean, Sears0-Kmart Company sounds good, don't you think? ;)
Sears wont sacrifice the KMart name. Why? Because Sears has an image to uphold, and they're not going to ruin their brand image and intertwine the the two brands. KMart will stay just not as much as they used to be.
I agree :yup:
It's not a merger as in a Hills-Ames Merger. But a merger in which both store will operate under one hq!
Yeah, that would be like Sears buying the K-Mart name and assets. It's more of a mutual merger!:mrpink:
QuoteOriginally posted by C. Fontaine
Yeah, that would be like Sears buying the K-Mart name and assets. It's more of a mutual merger!:mrpink:
Yes. Hopefully Sears will be able to restart and put the auto centers back into use (in the former? Kmart stores), as well as the portrait studios (many Olan Mills has pulled out of).
Sears tire center rocks. I don't get my tires anywhere else.
I read in the paper that if Kmart is in a nice spot they will become Sears. if the stores are in bad spots the stores would be like Big Lots
I have also heard more rumors on Kmart message boards that there will be another retail Mr. Lampert (who holds the most stock? in sears/kmart) will be throwing into the mix with Sears and Kmart. Many have a guess that it may be Toys R Us.
QuoteOriginally posted by shakethis1234
I read in the paper that if Kmart is in a nice spot they will become Sears. if the stores are in bad spots the stores would be like Big Lots
WHa?:huh::question: that can't be true!:o
why change a Kmart already in operation?:huh::no::o
It doesn't make sense!:duh:
QuoteOriginally posted by Anonymous
QuoteOriginally posted by shakethis1234
I read in the paper that if Kmart is in a nice spot they will become Sears. if the stores are in bad spots the stores would be like Big Lots
WHa?:huh::question: that can't be true!:o
why change a Kmart already in operation?:huh::no::o
It doesn't make sense!:duh:
Must have been a very biased newspaper editor:insane:Kmart = Ghetto
lol... biased or smart? l
Smart.
Have you heard about the new concept launched by Sears, or Kmart-Sears Discount off-mall stores & Roebuck Holding Co. ??
Sears Essentials. A part of the 50 Kmart acquired by Sears before the merger will bear that name. It will be a smaller version of Sears Grand. Some analysts are saying the company should focus on Sears instead of launching concepts and new brands.... other said they're going to have a very tough time going up against Wal-Mart and Target, who are much more established at selling everyday essentials off the mall...
What do you think....? I'm starting to think that the whole thing will crash in the coming years... They acquired the Kmart in Nashua NH but already have a Sears mall store in the same city...
Where should you go, the former Kmart/Big Kmart/Sears Essential that sells Kenmore appliances and milk or the Sears mall store ?? :question:
I heard the stores would be called Sears Aschantals
Thats what i was trying to say Sears Essentials that was on the news this morning but they did'nt say when it will begin. I think it will be a big Disater in the comming years
Is every Kmart going to be called Sears Essentials
News Release
<< Back
Kmart, Sears: Hart-Scott-Rodino Clearance
TROY, Mich., and HOFFMAN ESTATES, Ill., Jan 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- Kmart and Sears announced today that the waiting period under the Hart-Scott- Rodino Antitrust Improvements Act expired as of 11:59 p.m. Eastern Time on January 27, 2005.
The merger, which is expected to close in early March 2005, is subject to approval by Kmart and Sears shareholders, other regulatory approvals and the satisfaction or waiver of customary closing conditions. all from Sears.com
It needs to be noted that K-Mart bought out Sears, NOT the other way around. Many people are assuming that Sears will change the name of many K-Mart stores to Sears, this is not the case. K-Mart is in charge here, not Sears.
It is of my opinion that both names will continue to be used. I think you will see the Sears brand in more "big box" locations and start to offer many more items/services, like a true department store. It is a known fact that the modern "big box" stores make a larger profit than the mall anchor stores do. This is what has hurt Sears in the past, being associated with the mall. Over the past year, a lot of money was invested in Sears locations to update them and to clean up the store appearances. IF, K-Mart is smart, they will grow the Sears name and get the name associated with the same crowd that shops at Wal-Mart. Being the third largest company (now that KM and Sears are one) is not a bad place to be. (Home Depot is #2). They just need to make solid decisions and not make the same mistake so many retailers have made in the past when absorbing another fledging company. Kinda like what happened when Ames took over the ailing Hills and Zayres stores. They just pulled poor Ames right down with them. I hope this does not happen with K-Mart or Sears. Someone has to compete against Sprawl-Mart, I mean Wal-Mart. Feel free to respond....
Merger is now Complete starting this Monday on the stock market Sears Holding Co 400 k marts will be Sears essentials soon all Kmarts will be Sears Essentials
I'm not sure if all Kmart will become Sears Essentials... In many towns, Sears has a mall store and there is a Kmart in the area also. What will happen?
Will Sears go off-mall in the Kmart and close the mall store, will Sears operate two stores in the same town ?
Discuss! :yup:
QuoteOriginally posted by Zayre88
I'm not sure if all Kmart will become Sears Essentials... In many towns, Sears has a mall store and there is a Kmart in the area also. What will happen?
Will Sears go off-mall in the Kmart and close the mall store, will Sears operate two stores in the same town ?
Discuss! :yup:
There's a lot of variables that one would have to know before you could make a guess which (if either) would close if there's two stores that "overlap". What's the rent/lease terms on each location? What kind of store traffic (customers) does each location get? What condition is the building in? Is the building big enough or would the addition of any merchandise cause a problem?
My guess (of the Kmart locations), most likely the smallest stores will be closed, the Kmart in "marginal" areas will be remodeled but stay Kmart, and the better locations will become Sears Essentials.
I watch the news the other day it was Friday they said no stores will closed that good. all i have in Fulton Ny is Kmart 94,000sf big kmart but every thing is spread out.
QuoteOriginally posted by shakethis1234
I watch the news the other day it was Friday they said no stores will closed that good. all i have in Fulton Ny is Kmart 94,000sf big kmart but every thing is spread out.
What they say and what they do are two different things. I believe several mall sears, and closeby kmarts will be closed/converted
I read in the Poststanderd the other day and said that sears workers will be getting Pay cuts
Go to Searsmedia.com they have all kind of stores The great out doors Sears Grand Sears Sears Hardware and also tells you how to get into one of there Franchise Selling ther stuff tin your store
They Would keep all sotres open to Compete with Walmart
SKEARS!
SEARKS!
S&K's !
Searks mart
K sears
Kres-sears!
lol any names that you've imagined up?:insane::mrpink:
Kmart + Sears = Merger Merger + Kamrt + Sears = Death or GOB
QuoteOriginally posted by Caldor1999
Kmart + Sears = Merger Merger + Kamrt + Sears = Death or GOB
NOT LIKELY!:)
QuoteOriginally posted by 76&AmesfanmanBBTB
QuoteOriginally posted by Caldor1999
Kmart + Sears = Merger Merger + Kamrt + Sears = Death or GOB
NOT LIKELY!:)
i know i just though idd post it seeing what they did to a old kamrt
It was a mind blowing move by Kmart, but i like it. I think they'll be around for some time now because of this move!
I have a question here...
When you go at a Sears Essentials, can you expect to have the things announced on sale in the Kmart flyer, the Sears flyer, both or is there's a specific sales flyer for Essentials ...?? :roll:
I hate seeing what has happened to K Mart over the past few years. Even after this merger, I think we all know what's going to happen. Also, I think Sears shouldn't make the company into just the "Sears" name. I think they should leave the two the way they are, and operate both names at the same time. In my opinion merging is just a sign of company death.
I think we all have to face the fact that in another 15 years or maybe less, there will be nothing but Wal-Mart.
I finally went to a Sears Essential !! In Nashua NH.
I never saw that store as a Kmart. My first impression was, the store looks big but has a tiny "Sears Essential" logo. This can't be serious. Another thing outside is the very old "Garden" sign left from Kmart... (picture)
When i entered, it looked very Kmart. The smell, the neon lighting, the registers, the service desk... The section at right of the store is full of Craftsman tools. It looks like a Sears tool section, but near the pharmacy. Then at the back of the store: appliances. It does not look very professional. It looks like they were placed there on the floor without any special fixture to outline the department. Finally, you notice the Sears clothing lines located on a newly carpeted area. The food section is not that big and located at left of the store near the registers.
The store is clean, large, bright but it really feels like a Kmart with Sears merchandise in it. I don't understand why people will want to go there to buy a Kenmore diswasher and milk, or a Craftsman table saw and Aspirin.
Overall: this can't be serious... :boring:
Here's another Sears Essentials with a very small logo... !
QuoteOriginally posted by Zayre88
Here's another Sears Essentials with a very small logo... !
this is the one in Londonderry. I went to it when it was a K-mart and by the look of the buidling It is the one in Londonderry.
An interesting article: One year after the merger...
http://www.detnews.com/2005/business/0511/17/C01-384890.htm
sad to see sears not doing much to the old kamrts and from the looks of it there not gonna be around much longer
QuoteOriginally posted by Caldor1999
sad to see sears not doing much to the old kamrts and from the looks of it there not gonna be around much longer
IT hasn't even been a year since they merged!!!!!!!! Give them time, but then K-mart has been struggling for 20 years now.
but I noticed that at Sears Essentials, the parking lots are not very full. I wonder if a costumer thinks, different name, same store!!! The prices need to go down a little. At least the stores are not at the point where it is just the employees.
QuoteOriginally posted by d_fife
QuoteOriginally posted by Caldor1999
sad to see sears not doing much to the old kamrts and from the looks of it there not gonna be around much longer
IT hasn't even been a year since they merged!!!!!!!! Give them time, but then K-mart has been struggling for 20 years now.
but I noticed that at Sears Essentials, the parking lots are not very full. I wonder if a costumer thinks, different name, same store!!! The prices need to go down a little. At least the stores are not at the point where it is just the employees.
well i never likde sears so i wouldent care if they went out Sears has failed to be a a real Dept store like JC Penny Kohls Macys ECT alot of there stores are out dated and cheep looking there meachandise is shotty u can never find anything good there really and there logo is sooo horrble looking kmart has also had that problem to so i dont see them being around much longer i think Sears Will End Up like Montgomery Ward witch use to be its comptishion
Sears Holdings wants to buy Sears Canada. They already own 53% of the company.
In august, Sears Canada sold it's credit card business to JP MorganChase and later returned the proceeds to shareholders, including Sears Holdings !!
http://searsholdings.com/pubrel/pressOne.jsp?id=2005-12-05-0004227434
Sears announced it cancels the Sears Essentials format and the stores will be renamed Sears Grand after some remodeling.
SEE STORY AT: http://www.usatoday.com/money/industries/retail/2006-02-24-sears-usat_x.htm
QuoteOriginally posted by Zayre88
Sears announced it cancels the Sears Essentials format and the stores will be renamed Sears Grand after some remodeling.
so all the fromer kmarts that becamse Sears essentials are now going to become Sears Grand????
QuoteOriginally posted by Caldor1999
QuoteOriginally posted by Zayre88
Sears announced it cancels the Sears Essentials format and the stores will be renamed Sears Grand after some remodeling.
so all the fromer kmarts that becamse Sears essentials are now going to become Sears Grand????
how is sears grand different than sears essentials. I went in the sears essentials in Keene, londenderry and nashua nh stores and they were no busier than the kmarts that they took over!!! the sears prices are higher. I hvae a friend who wokrs at the one in londonderry and he says the sears is not doing well. Right their prices are higher and their quality does not seem to be any different
QuoteOriginally posted by d_fife
QuoteOriginally posted by Caldor1999
QuoteOriginally posted by Zayre88
Sears announced it cancels the Sears Essentials format and the stores will be renamed Sears Grand after some remodeling.
so all the fromer kmarts that becamse Sears essentials are now going to become Sears Grand????
how is sears grand different than sears essentials. I went in the sears essentials in Keene, londenderry and nashua nh stores and they were no busier than the kmarts that they took over!!! the sears prices are higher. I hvae a friend who wokrs at the one in londonderry and he says the sears is not doing well. Right their prices are higher and their quality does not seem to be any different
sears dosnet have such good quality with alot of things unless if its a a refigratior or a oven ect
QuoteOriginally posted by Zayre88
Sears Holdings wants to buy Sears Canada. They already own 53% of the company.
In august, Sears Canada sold it's credit card business to JP MorganChase and later returned the proceeds to shareholders, including Sears Holdings !!
http://searsholdings.com/pubrel/pressOne.jsp?id=2005-12-05-0004227434
The acquisition of Sears Canada is almost done now, the majority of the minority shareholders have tendered to Sears Holdings.
In other Sears/Kmart news, Martha Stewart signed a deal with Macy's to sell a line of products in it's stores. Martha Stewart products are now found at Kmart in the U.S. and at Sears Canada. Sears wanted to bring the martha line in their stores but the Macy's deal will probably kill any chance of getting Martha into Sears.
http://www.chicagobusiness.com/cgi-bin/news.pl?id=20116
Zayre88 - forgot to login..;)
QuoteOriginally posted by 76BraldorZayKamesfanBBTB
Kmart + Sears + Kresge's= K Smart what do you think lol
Kinda-catchy huh?
Here's a better logo that reflects who is in charge of Kmart now... Maybe Sears should use that other new logo to replace the Big Kmart ones...
Our situation in Memphis is kind of odd since all of our malls have a Sears and we are down to only 1 K-Mart from 5 a few years ago. There have been "excuse our duct" signs up for onver a year and nothing has happened except the weeds growing taller and taller.
Here's a funny thing that I have noticed in the past few weeks... One day while I was driving by (without a camera, unfortunately) the front door was open and there was an unmarked pick-up truck parked by the entrance where the shopping carts were kept. When I was back again a few hours later, the truck was gone, but starting today, there is a security truck parked around back with a guard inside.
Now, all this chatter makes me wonder if they will be turning this into a Sears Essentials or what. Since we have a nice Sears store about 5 minutes away (but no K-Mart), it would make alot of sense to open one in this area. We are not upscale, but it is a growing area with many new and existing neighborhoods and a huge amount of traffic flow all around the area with easy access to several highways.
If I see anything happening, I will take some pictures and let you know.....
:huh: :huh: :huh: :huh: :huh: :holysh::holysh::holysh:
I doubt anything is happening. The store is probably being taken over by another retailer. The whole sears conversion thing seems to be on hold right now
QuoteOriginally posted by Zayre88
QuoteOriginally posted by 76BraldorZayKamesfanBBTB
Kmart + Sears + Kresge's= K Smart what do you think lol
Kinda-catchy huh?
Here's a better logo that reflects who is in charge of Kmart now... Maybe Sears should use that other new logo to replace the Big Kmart ones...
lol i like :P
Sears announced it will stop the Sears Essentials format and rename the existing stores Sears Frand. Even if the Sears Essentials are no success, it's a good thing to scrap that name and only keep Sears Grand. Sears has enough brands already!
But, the new Sears Grand stores, former Essentials, former Big Kmart, former Kmart won't do miracles for Sears. The real Sears Grand stores are truly grand, those new renamed Sears Grand will remain former Big Kmart, former Kmart stores turned into essentials renamed Grand without being that Grand... a bit like the Big Kmart name that replaced the original Kmart stores even if the Big Kmarts were no bigger than the original Kmarts...! Those Sears Grand won't be like the real Sears Grand, they will be former Kmart stores renamed several times by Kmart and Sears... It seems to be a clear and focused strategy... :roll:
I love it. What a great idea!!!!
A lot of things are going on at Sears right now: they announced poor sales... again, after that the company announced that they would reorganize into five business units (operating businesses, support, brands, online and real estate) each unit of the company will have a separate, internal profit and loss statement and designated leader. The stock went down from $193 in april 2007 to $90 in january. Finally, they announced that Chief Executive Aylwin B. Lewis would leave the company.
3 years after the merger, things are not going so well at Sears and Kmart stores...
In a lot of articles, people are writing about Sears and Kmart and they often say that the company should get rid of Kmart and build on Sears.
Here's one suggesting to get rid of Sears and work with Kmart!
http://adage.com/columns/article?article_id=124906
QuoteOriginally posted by Zayre88
In a lot of articles, people are writing about Sears and Kmart and they often say that the company should get rid of Kmart and build on Sears.
Here's one suggesting to get rid of Sears and work with Kmart!
http://adage.com/columns/article?article_id=124906
These are my thoughts exactly keep Kmart, ditch Sears.
This is how I would improve Kmart and Sears
FOR KMART:
1. Convert all Sears Essentials/Grand stores back to Kmart, but keep the Essentials/Grand look, reformatted to fit the Kmart name.
2. Open 30 new Kmarts, 10 of which being Super Centers in 2009.
3. Update all Kmart stores to the new logo and give all stores a facelift as well. (Although as a retail fan I'd like to keep at least one of the 1970's stores with the classic logo, such as the one in Burlington VT, intact.)
4. Advertise Kmart more and work towards lower prices. Try to attract both Wal-Mart shoppers and Target shoppers with an emphasis on low prices as well as an ''upscale'' image.
5. Clean the stores up. No more merchandise thrown all about the aisles, no more dirt on the floor and ceiling, widen up the aisles a bit and most importantly - install new lights.
FOR SEARS:
1. Bring back the electronics and toys departments.
2. Try to get more popular brands and lines into the stores, while expanding on Kenmore and Craftsman brands.
3. Update all stores with new storefronts (although once again I would keep at least one vintage store intact.)
4. Lower the prices and have more sales at the store.
I know it wasn't a very creative list of improvements but that is what I would do if I had to turn Sears Holdings Corp. around.
QuoteOriginally posted by videogamer75
This is how I would improve Kmart and Sears
FOR KMART:
1. Convert all Sears Essentials/Grand stores back to Kmart, but keep the Essentials/Grand look, reformatted to fit the Kmart name.
2. Open 30 new Kmarts, 10 of which being Super Centers in 2009.
3. Update all Kmart stores to the new logo and give all stores a facelift as well. (Although as a retail fan I'd like to keep at least one of the 1970's stores with the classic logo, such as the one in Burlington VT, intact.)
4. Advertise Kmart more and work towards lower prices. Try to attract both Wal-Mart shoppers and Target shoppers with an emphasis on low prices as well as an ''upscale'' image.
5. Clean the stores up. No more merchandise thrown all about the aisles, no more dirt on the floor and ceiling, widen up the aisles a bit and most importantly - install new lights.
FOR SEARS:
1. Bring back the electronics and toys departments.
2. Try to get more popular brands and lines into the stores, while expanding on Kenmore and Craftsman brands.
3. Update all stores with new storefronts (although once again I would keep at least one vintage store intact.)
4. Lower the prices and have more sales at the store.
I know it wasn't a very creative list of improvements but that is what I would do if I had to turn Sears Holdings Corp. around.
GOOD PLAN, last week I Went to a super Kmart in PHoenix that is closing.
Thanks, D_fife! :) I think if Kmart put more into it, the supercenters could be a big success. I don't know the last time Kmart opened a new store.
QuoteOriginally posted by videogamer75
Thanks, D_fife! :) I think if Kmart put more into it, the supercenters could be a big success. I don't know the last time Kmart opened a new store.
The Kmart near me relocated to a much bigger store in 1997.