kmart merging

mmcat · #1 11-17-2004, 08:38 AM

story this morning....kmart and sears are merging and will roll on under the sears name. apparently kmart was improving, but not enough.

DeltaSigStan · #2 11-17-2004, 11:05 AM

Great, so now I can buy a lime green short-sleeve suit and a new $75 washing machine to put in my front lawn all in one place!

AznSAE · #3 11-17-2004, 11:22 AM

what does the K in K-Mart stand for?

33girl · #4 11-17-2004, 11:31 AM

Quote:

Originally posted by mmcat
story this morning....kmart and sears are merging and will roll on under the sears name. apparently kmart was improving, but not enough.

Not quite.

The holding company will be called Sears Holding Co. and a lot of the people on the board will be K Mart people. They will keep their own names as far as the actual stores are concerned.

This is undoubtedly a move to have more buying power against jackasshole Walmart. I would think this would make them bigger than Target, but I guess not (they are probably counting Mervyn's and the other non-Target things Target owns).

http://story.news.yahoo.com/news?tmp...t_sears_merger

AlphaSigOU · #5 11-17-2004, 11:40 AM

Quote:

Originally posted by AznSAE
what does the K in K-Mart stand for?

The "K" stands for the original name of the company, S.S. Kresge and Company. The K-Mart name first appeared in the 1960s.

aurora_borealis · #6 11-17-2004, 11:48 AM

Quote:

Originally posted by 33girl
Not quite.

The holding company will be called Sears Holding Co. and a lot of the people on the board will be K Mart people. They will keep their own names as far as the actual stores are concerned.

This is undoubtedly a move to have more buying power against jackasshole Walmart. I would think this would make them bigger than Target, but I guess not (they are probably counting Mervyn's and the other non-Target things Target owns).

http://story.news.yahoo.com/news?tmp...t_sears_merger

As far as Target is concerned, they have a lot of different stores, but changed from Dayton Hudson to Target as a corporate name in 2000. Off the top of my head I can remember Mervyn's, Dayton Hudson, Marshall Field's, and some catalog company are all under Target.

IowaStatePhiPsi · #7 11-17-2004, 01:01 PM

Quote:

Originally posted by AlphaSigOU
S.S. Kresge

More proof K-Mart sux: nazi name.

33girl · #8 11-17-2004, 01:27 PM

Quote:

Originally posted by IowaStatePhiPsi
More proof K-Mart sux: nazi name.

You're an idiot.

AlphaSigOU · #9 11-17-2004, 03:36 PM

Quote:

Originally posted by IowaStatePhiPsi
More proof K-Mart sux: nazi name.

Ignorance is bliss... time for a history lesson:

The S.S. stands for Sebastian Spering Kresge, who started what now is KMart in Detroit in 1899. The KMart name dates back to 1962.

Source: KMart website: http://www.kmartcorp.com/corp/story/...te_history.stm

BTW, the Nazi SS stood for Schutzstaffel which literally translates to 'protection squad'. Unlike the Nazi party army, the SA (Sturmabteilung, literally "assault detachment"), the SS was originally formed as a personal bodyguard for Hitler and other high-ranking Nazi party officials. Himmler later corrupted it into the Aryan master-race army/extermination machine.

kddani · #10 11-17-2004, 05:05 PM

This absolutely cracked me up.
My dad has worked for K-Mart as a manager of the food division of a Super-K for about the last 10 years or so. He hates it, hates the way the company is run, the way they treat employees, etc.
He's been interviewing for other jobs.
Two days ago, he was offered and accepted a much better job, paying much more, better benefits, etc. for Shop 'n Save.
He gave his notice yesterday.
This morning this news hits.
So yeah, everyone at work thinks he knew something!

AGDee · #11 11-17-2004, 05:28 PM

It definitely has Detroiters worried about more jobs going away soon. CompuWare announced 300 layoffs today too. It seems to be the top news every day lately, more layoffs.

Dee

IowaStatePhiPsi · #12 11-17-2004, 06:45 PM

Quote:

Originally posted by AlphaSigOU
Ignorance is bliss...

I just dont like KKK-Mart, the trailer trash store where everyday is a white sale.

33girl · #13 11-18-2004, 01:47 AM

Quote:

Originally posted by IowaStatePhiPsi
I just dont like KKK-Mart, the trailer trash store where everyday is a white sale.

You're an idiot.

To associate an entire company with a terror organization like the KKK is ignorant at best and libelous at worst.

IowaStatePhiPsi · #14 11-18-2004, 02:05 AM

Quote:

Originally posted by 33girl
You're an idiot.

To associate an entire company with a terror organization like the KKK is ignorant at best and libelous at worst.

You're an idiot.

To not know a Margaret Cho reference is ignorant at best and retarded at worst.

mrblonde · #15 11-18-2004, 02:06 AM

Who the hell is Margaret Cho?