How Kmart Went From Beating Walmart And Target To Bankruptcy

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  • Опубликовано: 31 янв 2025

Комментарии • 5 тыс.

  • @whocares5114
    @whocares5114 5 лет назад +3461

    My local Kmart felt like a time machine as soon as you stepped inside you were transported to the late 80s early 90s, it was so outdated.
    LOL.

    • @96213sam
      @96213sam 5 лет назад +23

      Outdated in what sense?

    • @whocares5114
      @whocares5114 5 лет назад +213

      @@96213sam the way it was set up even the cash registers and computer were old and yellow looking running on Windows Me.

    • @prepperjonpnw6482
      @prepperjonpnw6482 5 лет назад +198

      That’s actually why I liked going to Kmart lol. Nostalgia. I may be weird but I like the older stores and older offices etc. I even like the “institution” feel of some places. I even miss the older hospitals for that reason. I don’t like the newer buildings with all the plastic fixtures and faux this and faux that. Does anyone know what I mean?
      Oh and I miss Woolworths. I remember one time though when I was starting at a new school, I was about 13, and my mum took me to Kmart for new clothes.
      I was worried that someone would see me there because at that time only poor people shopped at Kmart. My mum said not to worry, because if someone did see me it was only because they to were shopping there lol

    • @NickDalzell
      @NickDalzell 5 лет назад +21

      I preferred kmart as it wasn't huge and oversized like Walmart. Now it's like if it's not 20 acres long a store just cant make it. Now, Dollar General is as close as I get to a Kmart.
      Fyi the IBM POS terminals were indeed lost in time. Not even windows. It was POSDos. A custom DOS made for point of sale systems. Before our kmart died, they were unable to take credit cards as the dial u network the system ran on was obsoleted.

    • @AlfredHawthornBennyHill
      @AlfredHawthornBennyHill 5 лет назад +27

      @@prepperjonpnw6482 1950s through about 1982, had the best designs for businesses, stores, malls, hospitals etc. Now everything is always white, off white, dull colorless tones, plastic everything, recessed lighting, ugly, no character or style and almost always sterile looking and every place you go looks the same as the last place you were in. It's sickening. If I had a business, I would have different styles from the mids 50's to the late 70s in it. I know there are some people who like that.

  • @mechajay3358
    @mechajay3358 6 лет назад +8432

    Kmart survived the Great Depression and Two World Wars, but wasn't able to survive their own lack of innovation.

    • @lylewalker5681
      @lylewalker5681 6 лет назад +64

      @Donald Kasper This is a good take. You also can't outsource/offshore labor in American retail stores.

    • @Jakefrommaine1
      @Jakefrommaine1 6 лет назад +21

      They weren't their during the depression or either world war. What you talking bout?

    • @jackson5116
      @jackson5116 6 лет назад +149

      @@Jakefrommaine1 0:37, since you couldn't listen, here's the transcript:
      "Kmart's origins date back to 1899..."
      That right there means Kmart goes back to 1899. And yes, Kmart DOES go back that far, because as shown at 1:42
      "So, the company renamed itself Kmart Corporation"
      See? Same company, and it goes back to 1899! Original poster is correct, Kmart survived both world wars, and the great depression.

    • @mduke2k
      @mduke2k 6 лет назад +21

      Do y'all remember a big box store called Venture?

    • @adriennevega6539
      @adriennevega6539 6 лет назад +1

      Michael Duke loved it!

  • @Christof708
    @Christof708 6 лет назад +1937

    They didn’t innovate, the stores looked old and outdated in the early 2000s, while target kept refreshing the stores with new items and a fresh look.

    • @Carlos.Rivera
      @Carlos.Rivera 6 лет назад +65

      Agreed, and the cash box is an old IBM... WTF

    • @OldHoboManYouTube
      @OldHoboManYouTube 6 лет назад +109

      My Wal-Mart keeps repainting the outside every few years to give it a nice look.

    • @curtisag24
      @curtisag24 6 лет назад +18

      @@OldHoboManRUclips Good for them! Walmart is always busy and updated periodically. They have more selection, plus a lot of people shop there for groceries.

    • @OldHoboManYouTube
      @OldHoboManYouTube 6 лет назад +9

      @@curtisag24 also my walmart has their own personal Facebook where the people vote on what they want to see from the walmart.

    • @technologyproductions-ye3px
      @technologyproductions-ye3px 6 лет назад +11

      When a store innovates it self it loses its charm I hate the minimalistic look brands have nowadays it looks lazy I miss the old Walmart logo I miss how Walmart stores used to look back in the 2000s.

  • @creedtragedy5564
    @creedtragedy5564 3 года назад +97

    My Mom worked at a Kmart for 20 years. She had worked every department worked in HR and Management. When they closed her store all her time meant nothing and she had to scrounge for work like the hundreds of other employees that lost their jobs.

    • @asanta2023
      @asanta2023 2 года назад +1

      😔

    • @yvonneemmert9185
      @yvonneemmert9185 2 года назад +8

      I actually shopped at Kmart more than Walmart; and I really liked their brand
      route 66. My grandma would take us to Kmart and would get us hats, Gloves and purses for Easter. Years ago they had wigs and my sisters and I would try on different styles and colors of wigs - my mom would say you goofballs! And laugh. We had fun shopping at Kmart! They had a deli at ours and the Best cold cut subs marinated in mustard and vinegar overnight. Your Mom didn't waste her time or her life! Kmart was a great store; I am sad it's gone. All good things always go way of the dinosaur!

    • @loydkline
      @loydkline Год назад +1

      Love/ ❤️ Kmart 🍿 popcorn & layaway

    • @aygulmemet4201
      @aygulmemet4201 Год назад

      ​@@yvonneemmert9185 Good products. Terrible company.

    • @elizabethpeterson455
      @elizabethpeterson455 Год назад

      Here in Australia Kmart is more than huge....it's essential. And there are no coffee shops or food sales. It's just merchandised well and cheaper than anywhere else.

  • @EWUFBIiswatching
    @EWUFBIiswatching 5 лет назад +327

    I worked at Kmart in high school the day a Walmart opened in our city. It went from being busy af to a ghost town, literally overnight.

    • @lockheart619
      @lockheart619 5 лет назад +3

      Okay but your profile picture is everything 😂😂😂

    • @frenchboi4912
      @frenchboi4912 5 лет назад

      @@lockheart619 bruh

    • @-elchoya9832
      @-elchoya9832 3 года назад

      they changed the name to KNOTTS BEERY FARM,the gunfights at the blue light special were legendary i heard.

  • @achance007
    @achance007 6 лет назад +1662

    They never had enough registers open and stores always seemed dirty

    • @jabber1990
      @jabber1990 6 лет назад +132

      Walmart never has enough registers open, doesn't seem to be affecting them

    • @Tony-my3sy
      @Tony-my3sy 6 лет назад +131

      jabber1990 walmart has finally put in self check out which is way better

    • @austina4189
      @austina4189 6 лет назад +19

      That's the epitome of Walmart though. Except they have cash for millenniums

    • @jabber1990
      @jabber1990 6 лет назад +23

      @Boco Corwin ....most people shop at walmart
      where do you shop?

    • @jamesslick4790
      @jamesslick4790 6 лет назад +7

      @@Tony-my3sy self check out is SLOWER! Only OK if you have less than 5 items.

  • @wuznab5109
    @wuznab5109 6 лет назад +3068

    Rip radio shack, k mart, Sears, block buster, and toys r us.
    Maybe rite aid.

    • @Powehi-bit
      @Powehi-bit 6 лет назад +60

      WuzNab Sears is not a thing anymore?

    • @Nga-1984
      @Nga-1984 6 лет назад +101

      Sears still survive in northern Virginia, I don't know for how long though.

    • @youtubesecuritypatrolservi4362
      @youtubesecuritypatrolservi4362 6 лет назад +70

      Sears will not survive in the midwest

    • @1dogissky
      @1dogissky 6 лет назад +65

      Blockbuster

    • @Jony42069
      @Jony42069 6 лет назад +22

      There is a sears here in Florida

  • @meticulous_pickulous30
    @meticulous_pickulous30 3 года назад +89

    Our Kmart (in the town over from us) stayed pretty strong up until 2011. Ours never looked outdated or gross so it was really disappointing when they closed. Growing up poor it was great that struggling families could put back to school clothes and supplies on lay-a-way and pay it out. It really helped our family out and they always had in style clothes and home decor. Halloween was probably my favorite time of the year bc they seemed to have sooo many more costumes than Walmart

  • @sarahfrances1025
    @sarahfrances1025 5 лет назад +1232

    I bought a pregnancy test at K-mart when I was in college because I knew there was absolutely no chance I would run into any of my peers there because no one ever went there

  • @Monster12255
    @Monster12255 6 лет назад +542

    Its mainly the executives that get paid millions and dont want to upgrade their stores because they are greedy for money. They still get millions after the company closes

    • @gmln9ne
      @gmln9ne 6 лет назад +60

      Exactly! So many companies are failing because of greedy management that would rather watch the ship sink, than to stuff some of those hard un-earned dollars in the leaking hole.

    • @revolutionalist
      @revolutionalist 6 лет назад +11

      In finance it’s called the agency problem

    • @Mr.Legend_Speaks
      @Mr.Legend_Speaks 6 лет назад +18

      Funny! All the regional managers, high positions from sears and Kmart are moving to Walmart! We’ll see Walmart’s fate against Amazon!

    • @chrisperez7656
      @chrisperez7656 6 лет назад

      @@Mr.Legend_Speaks ikr

    • @wisenber
      @wisenber 6 лет назад +1

      @Monster "They still get millions after the company closes"
      Actually it will cost them millions per the video.

  • @BrianCheng24
    @BrianCheng24 6 лет назад +880

    It's hard to believe there's still Kmart stores hanging around in 2019. I worked at a Kmart store in 2007, and it was by far the most depressing job I've ever had. We've had shelves that were literally empty. Packages all over the store. It's like you go to Kmart just to feel depressed.

    • @paranoidhumanoid
      @paranoidhumanoid 5 лет назад +25

      Just out of curiosity: when shelves were empty or the presentation of products were otherwise in disarray, why didn't the staff do anything about it? Was there any effort from the lowest level of staff to upper management to make sure products and services were presented in a decent and visually attractive format and that customers got what they asked for? Were you ordered to just leave things as they were and not worry about it? I used to walk into their stores and would sense that the staff just didn't care and a huge part of the reason why customers were turned off from the retailer altogether was because it no longer seemed attractive as Walmart or Target. Some analysts will say it is more complicated to operate a business of that scale than just it being an "image" or "presentation" issue, but this clip demonstrates how important it really is. Both Walmart, and especially Target offer customers great experiences from the moment you walk in to to check-out.

    • @prohen3049
      @prohen3049 5 лет назад +37

      That's how the Kmart around my house was before they close. Junk just everywhere, empty shelves in half the store, just looking like flea market.

    • @DaftPunkSkittle
      @DaftPunkSkittle 5 лет назад +19

      @@paranoidhumanoid tbh one employee cant run a store like K-Mart even if you care. Plus at that point theres probably employees in that job just clocking in to do nothing of work and will probably bully or try to talk to the other employees on not to try to work on any improvements unless management asked. I been in Jobs where ppl try to stop you from working hard because they want to take it easy and management doesnt care if you do work or dont work. And most times its managements fault in the first place. This is why K-mart in New Zealand and Australia are doing great because of good management unlike in the US

    • @danielgarcia9945
      @danielgarcia9945 5 лет назад +11

      Ross is becoming the same way you see empty shelves, open boxes because people steal stuff inside, clothes on floors and cheap clothes.

    • @DaftPunkSkittle
      @DaftPunkSkittle 5 лет назад +4

      @@danielgarcia9945 I think Ross has mostly always been like that since its a discount store too, Kmart was more higher end then Ross

  • @rdm8522
    @rdm8522 4 года назад +63

    My dad work for Kmart/Sears for 30 years he raised 4 kids in that time..My first real job at 16 was working at Kmart , my sister also. Kmart was a big part of my life. It shall be missed.

    • @josephinetracy1485
      @josephinetracy1485 2 года назад +1

      They should regroup and lay low for awhile. Target had to reinvent itself too. I never understood the Wal-Mart thing..... I always preferred K-Mart

    • @Goodwillwinoverevil1984
      @Goodwillwinoverevil1984 2 года назад +1

      @@josephinetracy1485 Do you know if K-mart had produce like Wal-Mart? That would probably be one big reason.

  • @Juangomez9186
    @Juangomez9186 5 лет назад +3465

    Most Walmart’s stores have a McDonald’s.
    Most Target stores have a Starbucks.
    Most Kmart stores have nothing.

    • @cleopatrastarseed8558
      @cleopatrastarseed8558 5 лет назад +582

      Walmart has more than McDonalds these days. I've been in walmarts that had hair and nail salons and eye doctors.

    • @Chewyzard
      @Chewyzard 5 лет назад +337

      Mines had a Little Caesars, bad move on them tho cause nobody goes to Kmart, they closed the Little Ceasars months later, Kmart is still open

    • @ra-xr7fp
      @ra-xr7fp 5 лет назад +263

      my walmart has a nail and hair salon and a subway

    • @nofsgiven3855
      @nofsgiven3855 5 лет назад +58

      I love bacon and target stores here in AZ have Pizza Hut

    • @8luvbug
      @8luvbug 5 лет назад +24

      Kmart had Lil howies pizza

  • @islagiron
    @islagiron 6 лет назад +1625

    Okay, in Australia Kmart is our GO-TO store. We have no Walmart and target is WAAAAY to expensive. Kmart is nearly everyone's favourite store...

    • @pilot1721
      @pilot1721 6 лет назад +157

      Kmart is awesome. Target is if you feel fancy but not david Jones fancy

    • @islagiron
      @islagiron 6 лет назад +20

      @@pilot1721 so true!

    • @rebeccamurphy3735
      @rebeccamurphy3735 6 лет назад +66

      I was just going to comment that!! Kmart is the best, target is pricey and big W is meh

    • @jimberkau7431
      @jimberkau7431 6 лет назад +15

      You don't want a Wal-Mart most of their stuff is more expensive

    • @yourdad3379
      @yourdad3379 6 лет назад +2

      That’s the one 🤙🤙

  • @missmelissaa
    @missmelissaa 5 лет назад +1221

    “Attention Kmart shoppers” ahh I’m gonna miss that😭

    • @generalgrievous8639
      @generalgrievous8639 5 лет назад +21

      cringe asf 😂

    • @ThingsILikke
      @ThingsILikke 5 лет назад +11

      "service is speeded with layaway"

    • @SHUB281
      @SHUB281 5 лет назад +8

      Blue light special

    • @jackson5116
      @jackson5116 5 лет назад +7

      Why do you think I recorded one at a non-closing Kmart in 2018? It made it here at 2:17

    • @areithy
      @areithy 5 лет назад +1

      Same

  • @Rhaspun
    @Rhaspun 3 года назад +52

    One time I stopped by Kmart. I forgot why I quit going there. After looking around the store I realized I stopped going there because the store was very messy. Product seem to be strewn around almost everywhere. It looked like a mob had come through pickup items to look at them and randomly put the item back anywhere on a shelf or the floor.

    • @ngndnd
      @ngndnd 2 года назад +8

      the last sentence is exactly what happened. After working in the style department at target, i never get mad when i see a store that looks trashed. I realized its not the employees fault, its the customers who are 20+ years old and cant pick up the shirt they “accidentally” threw on the ground

    • @aygulmemet4201
      @aygulmemet4201 Год назад

      I'm not surprised. So many teens and adults in my area steal from Kmart. Corporate is just not willing to hire more security.

  • @cyan1616
    @cyan1616 5 лет назад +269

    Both KMart and Sears were victims of terrible upper management. They treated their employees like crap, couldn't hold talented non-executive employees, and it showed in their stores.
    Their employees stopped caring, because the top guys didn't care about them. Executives and CEO's should never lose sight of the fact that ultimately, it's all the little guys that are making them their money. A business will thrive if they get us little guys on their side.
    I ended up hating going to these stores in the end, staff seemed miserable, managers would argue with you, and everyone seemed completely disengaged.
    At Sears they cut staff from departments and put all the registers in the front. I would wander around desperately looking for someone to help me.
    So sad, I loved those stores.

    • @lacucurrucucu9245
      @lacucurrucucu9245 5 лет назад +4

      Shiba Lover true I went to those stores once and the vibe is depressing Kmart just closed a few months ago in my area,and Sears looks like an old factory I was looking for help but there’s no employees just the ones in the registers.

    • @Vapor817
      @Vapor817 5 лет назад +3

      yet amazon is in the same boat yet is still thriving, i guess it'll take another massive competitor like walmart was for kmart for amazon to change or die

    • @angry-white-men
      @angry-white-men 5 лет назад +1

      They drove the stores to bankruptcy to cash in big on real estate and other things. They were crooked, just like the current sears CEO. If they were legit and wanted to save the companies they would've taken a pay cut and paid employees more to care

    • @Pugetwitch
      @Pugetwitch 5 лет назад +2

      that's sear's CEO was a real piece of work at the end there, huh? Sucks, my grandpa was the Craftsman manager for decades when he returned from world war II and made a good living, enough to own a home in the affluent area of Seattle, to buy his children at home, and he retired from there before he was 65 back in the 80s, having plenty of time left to spend with us grandkids while we traveled in his RV across the United States. He made enough money working at Sears to get himself and grandma a nice new RV, buy my parents an RV for their ten year anniversary, buy my mom a car every five years or so for her birthday, etc. of course he invested a lot of money and they had hooked him up with a terrific 401k. Complete opposite of my situation, I live paycheck to paycheck right now and am currently struggling like no other, even working in healthcare I still can't afford to live in seattle on a single income. Life was so much better back then.

    • @soumm8949
      @soumm8949 5 лет назад

      Our Sears here in Yakima is still open :D

  • @MartellThaCool
    @MartellThaCool 6 лет назад +2749

    Rip to k-mart and sears

    • @DanielMartinez-be1ej
      @DanielMartinez-be1ej 6 лет назад +5

      😶😶

    • @robertmartinez8576
      @robertmartinez8576 6 лет назад +37

      Walmart is a rip off store people need to quit shopping there period Walmart needs to be shut down cuz they have the worst employees there and cheap product there from Mexico anything you buy there doesn't last long i quit shopping there two years ago and i would never buy food there cuz it is all bad for even dogs to eat

    • @wyzemann
      @wyzemann 6 лет назад +27

      @@robertmartinez8576 Even if your wish was granted, some other Walmart clone would just immediately replace the original. Redundant & cheap merchandise is what paying shoppers want most of all.

    • @danielramsey1959
      @danielramsey1959 6 лет назад +4

      Craftsman tools can be found in Lowes now.

    • @j0epark1
      @j0epark1 6 лет назад +15

      I still have a Sears near my house where I get all my oil changes done, so not RIP yet.

  • @bamreacts7796
    @bamreacts7796 6 лет назад +198

    What Eddie Lampert did to both Sears and Kmart after the merger is criminal. He drove both companies into the ground to squeeze as much money as he could out of it and refused to update the stores that badly needed it.

    • @heribertogomez5191
      @heribertogomez5191 6 лет назад +6

      he is suposse to be in jail, he got stocks, ceo and his company is a lender

    • @technologyproductions-ye3px
      @technologyproductions-ye3px 6 лет назад +9

      That's not Illegal it's wrong yes but it's not Illegal to buy a corporation to close it afterwords if you're buying a company it's already struggling.

    • @charleschristian6125
      @charleschristian6125 6 лет назад

      Brian Your comment is the closest to the reality of what is happening to these stores and how it is taking place. even closer than the video. the videos take on what and why they are failing is off course and quite lacking in reality.

    • @smilesgirl17
      @smilesgirl17 6 лет назад +1

      It's a theory happening all over if you notice. A huge accident happened in an amusement park in Australia based on your theory. CEO went from Fashion to Theme Parks and cut maintence costs way way low... Everything is a cash grab these days.

    • @416asshole
      @416asshole 6 лет назад

      If a company shuts down its not someone elses fault.

  • @anthonymcmillan1975
    @anthonymcmillan1975 3 года назад +13

    For myself and family Kmart has a very special meaning to us. In the 80s my Father worked as an Assistant Manager of the shoe department for a year in the Twin Cities and then for eight years back home in southern Minnesota. He worked very hard long hours to provide for his young family. My Father found out in 1985 three weeks before Christmas that he had a brain tumor and only had a few years to live. in the late 80s it was tough for him to go to work but somehow through the pain of chemo he try his best to be at Kmart because he was proud of his work. Six months before he died Kmart employees from around the country chipped in to send our family to Disney World in Orlando. We had a wonderful time and i will never forget it. Two months after the trip my father was working a normal shift at Kmart but in the late morning he had a sesher. It was the final time he went out the front doors of Kmart. But it was on a streacher to an ambulance. He fought his final months at home with his family and hospice care by his side. He died on Sunday July 30, 1989 at the age of 30. I was six years old. His memorial service had alot of Kmart employees and customers who loved his warmth and outgoingness to make Kmart a wonderful store to shop at. Over the years it was sad to go into Kmart and see the store go down hill. It also was hard in the fall of 2016 to see the store closed for good that my father worked hard at. The brightside is the former building was turned into a medical clinic. So I believe that people having cancer treatments are getting some spirtual help from my father. R.I.P. Dad I love you and miss you. :)

    • @yvonneemmert9185
      @yvonneemmert9185 2 года назад +1

      I'm so sorry! I am happy to know that you felt cared for! Kmart was a good store and your dad made it that way! I miss Kmart. I shopped at Kmart more than Walmart!

  • @skrt3821
    @skrt3821 5 лет назад +476

    The only Kmart near me has had a clearance and a closing sign for the past 5 years

    • @palerider6099
      @palerider6099 5 лет назад +3

      Lol

    • @BoostedDeere
      @BoostedDeere 5 лет назад +14

      SkRT -hell at least you got a Kmart near you. In a couple months there won’t be a Kmart probably within 4-5 hours of me 😞. I got my first Sony Walkman from Kmart.

    • @Strawhatalex
      @Strawhatalex 5 лет назад +3

      Me too

    • @Blackbuck9832
      @Blackbuck9832 3 года назад +1

      The last Kmart went out of business where I live.

  • @edwardx4979
    @edwardx4979 5 лет назад +184

    Kmart will always have a place in our memories for those of us who grew up in the 60s - 90s

    • @NFSMAN50
      @NFSMAN50 5 лет назад +10

      Kmart was big from the 60s until the early to mid 2000s; i remember when they had great deals for clothes and toys, i bought most of my toys from Kmart. This new generation will never get to experience Kmart in it's heyday

    • @1computernew
      @1computernew 5 лет назад +3

      @@NFSMAN50 I'm still using a tea kettle that I purchased at KMart about 35 years ago. I have a set of cast iron skillets that I purchased about 28 years ago. I finally had to get rid of my toaster that was about 25 years old. I loved their lay-a-way, too. I remember going to the lay-a-way counter with a shopping cart full of items, including six boxes of Crunch'N'Munch. The cashier was about to put my Crunch'N'Munch on lay-a-way. My cousin was with me. We both had a good laugh about that. I told the cashier that I was going to pay for that. She said it was OK if I wanted to put it on lay-a-way.I will never forget that.

    • @jelenag6112
      @jelenag6112 5 лет назад +1

      Yeah, mine has been in town since I was a kid

    • @rebccarae7669
      @rebccarae7669 4 года назад

      And mine are all very fine memories on this play they do take a long time at checkout but it's a fine place when they had the little restaurant coffee shop like thing in there that was okay me and my girlfriend would meet there and then we go shopping and come and have another break or a fountain drink or something and and Christmas time with crazy but we loved it

    • @anonemous1046
      @anonemous1046 4 года назад +1

      Kmart shopping trips with Mom. I let Kmart go in my mind nearly two decades ago because in the early 2000s they became the butt of a lot of retail jokes. I still would like to visit one if any still exists.

  • @emradford5173
    @emradford5173 5 лет назад +591

    Meanwhile in Aus, Kmart is huge!
    And Target is more aimed at middle class. Like they have nice stuff (like Kmart but better quality) but quite a bit more expensive

    • @spence5767
      @spence5767 5 лет назад +15

      Em Radford IKR I just moved from aus to the USA they have no Kmarts

    • @GamerBoy-zc5rh
      @GamerBoy-zc5rh 5 лет назад +14

      Target AU is closing. Yay!

    • @therealog6831
      @therealog6831 5 лет назад +57

      agreed, here in australia k mart is normally our first choice, they have cheap prices, aesthetic items, and you can find stores everywhere

    • @evelinholmes6401
      @evelinholmes6401 5 лет назад +13

      Here in Canada target stayed less than 18 months. Empty shelves all the time. The closed all 150 stores in May 2015.

    • @luke8240
      @luke8240 5 лет назад +2

      Big W is the best

  • @vulksen
    @vulksen Год назад +2

    Kmart gives me childhood nostalgia. My parents and I were frequent customers. I remember that one of the Kmarts in our area had a Little Cesar's in it.

  • @ghina8002
    @ghina8002 5 лет назад +1678

    I feel bad for Kmart. I feel bad for every store that closes down 😞

  • @Jinglemyberries
    @Jinglemyberries 6 лет назад +469

    Combining Kmart and Sears is like combining water and oil

    • @ChickenC0re
      @ChickenC0re 6 лет назад +16

      That's how margarine is made.

    • @STAROMEGA54
      @STAROMEGA54 6 лет назад +9

      More like throwing water on a grease fire.

    • @ChickenMcThiccken
      @ChickenMcThiccken 6 лет назад +22

      new name: kmart and sears = smart

    • @TruckerNaz
      @TruckerNaz 6 лет назад +2

      perfect combo for boiling pasta without it sticking?

    • @darkworlddenizen
      @darkworlddenizen 6 лет назад +7

      Pretty lame analogy

  • @jjasb3ar
    @jjasb3ar 6 лет назад +159

    wtf, in Australia, if you need a snack at 5 in the morning, kmart has your back, kmart is like walmart, but cheaper

    • @reganlol5856
      @reganlol5856 5 лет назад +1

      musicalpanda10 big w reminds me of Walmart

    • @alli3822
      @alli3822 5 лет назад +10

      How is Kmart cheaper than Walmart? Walmart is literally so cheap

    • @ruben2365
      @ruben2365 5 лет назад

      @@alli3822 yea right amazon and yard sales are the best or go to the thrift store

    • @bella-yt2tl
      @bella-yt2tl 5 лет назад +2

      Kmart is Legendary

    • @theresatuia2384
      @theresatuia2384 5 лет назад +5

      I just went to kmart in Australia it was literally like walmart😂😂. I loved it and yes it was cheaper, WAYY CHEAPER!!! I got so many snacks for 50 dollars (yes i know, very american😂😂).

  • @stephenhayslip8701
    @stephenhayslip8701 3 года назад +95

    When Sears took over Kmart, they raised alot of prices and people went elsewhere for better prices. I even saw saw prices triple on a few things.

    • @pick2568
      @pick2568 3 года назад +6

      Kmart bought Sears. Sears was for sale, Kmart had closed some stores where they owned the buildings. Sears bought a lot of those buildings. Kmart used the money to buy Sears.

    • @austinh1028
      @austinh1028 2 года назад

      @@pick2568 borrowing from peter to pay paul
      The sears and kmart closest to me were both inventory gluts, and both had computer/invoicing systems from the 80's. I still think they used the same machines in both until they both closed their doors. I stopped going to the sears for anything because it always took 10+ minutes to check out because the machines never worked

    • @Mutlap
      @Mutlap 2 года назад +1

      also, reduced the number of people working in the store. Trying to increase profits was a disaster!

    • @neilkurzman4907
      @neilkurzman4907 2 года назад

      Kmart with Sears after Kmart came out of their first bankruptcy.

    • @Goodwillwinoverevil1984
      @Goodwillwinoverevil1984 2 года назад

      My sears was still open till 2016 lol. It helped that it was at the edge of a big mall.

  • @theDavidChannel1
    @theDavidChannel1 6 лет назад +137

    I remember going to Kmart back in the '80s and it was the place to go. But by the time the '90s came around Target was much more appealing. A cleaner, fresher, more modern look and feel, plus great prices. Then in the 2000s Walmart crashed the whole party! Nobody could touch Walmart's prices, although Target was still a much more pleasant experience. Meanwhile Kmart remained stuck in the '80s, with no upgrades, evolution or innovation. Their demise is not a shock to anyone.

    • @joslyncarter4813
      @joslyncarter4813 6 лет назад +5

      You have to change with the times to remain relevant.

    • @pika62221
      @pika62221 6 лет назад

      try the 90's. Big Kmart wasn't from 80's: www.nytimes.com/1997/04/24/business/kmart-introduces-prototype-for-new-store-layout.html

    • @theDavidChannel1
      @theDavidChannel1 6 лет назад +4

      @@pika62221 I wasn't talking about Big Kmart, just Kmart. Big Kmart was a last ditch, failed '90s experiment. But Kmart was a huge retail player in the '70s and '80s.

    • @janam4152
      @janam4152 6 лет назад

      David Duarte - and 60s.

    • @catheriney862
      @catheriney862 6 лет назад

      Don't forget Target's popcorn! :D

  • @ouranhshc100
    @ouranhshc100 6 лет назад +186

    Lambert didn't care about the customer or either companies. He left both companies to rot

  • @Monster12255
    @Monster12255 5 лет назад +316

    Wait, so you're telling me that the executives would rather stuff the money in there pockets than to reinvest the money into the company? I'm shocked.

    • @glow1815
      @glow1815 3 года назад +5

      Shock?? Lol where have you been????

    • @Keebrev
      @Keebrev 3 года назад +27

      @@glow1815 that’s the joke

    • @NealB123
      @NealB123 2 года назад +2

      They don't call him Fast Eddie for nothing.

    • @greggstrasser5791
      @greggstrasser5791 Год назад

      @@NealB123
      Let me guess... he doesn’t celebrate Christmas & says “Happy Holidays.”

    • @kidddirt414
      @kidddirt414 Год назад

      Sad to say it but most companies die this way if u can get past the 2 to 5 yr start up & start making sustainable revenue & keep loyal customers its really all up to u & your team how long u want to make your company last McDonald's has colleges that ppl go to so when the graduate they'll help involve the company & keep it going that way McDonald's should basically never die💯

  • @ismaelpenalver4722
    @ismaelpenalver4722 4 года назад +17

    My Kmart store was on Hacienda Blvd , hacienda Calif . They shut down years ago , it's a empty lot now my late wife and I used to eat are lunch there . When I pass the lot it always brings back memories.

    • @fme008
      @fme008 3 года назад

      I still remember sometimes going to the Hot Wheels car event at the Kmart in Diamond Bar, CA (now it's a Sprouts).

    • @NoName-to5xl
      @NoName-to5xl 3 года назад

      Thats nice, very sweet. I never had a wife, shoot me a prayer if you have one to spare.

  • @fxsupermaster
    @fxsupermaster 5 лет назад +244

    The KMart where I live in just closed a few months ago, getting replaced into 3 stores.
    It was a huge Kmart anyways,
    But the fact that the store smelled like the sewers, made me not like the store

    • @kai-yc3hp
      @kai-yc3hp 5 лет назад +6

      Just a question. How the hell do you know what the sewers smell like?

    • @fxsupermaster
      @fxsupermaster 5 лет назад +1

      Aura idk
      Like im not saying i’ve been to the sewers before

    • @giovanna2868
      @giovanna2868 5 лет назад +3

      lol_eddypogi mine got turned into a Ross, savemart, and I think sprint and something else

    • @fxsupermaster
      @fxsupermaster 5 лет назад +1

      @@giovanna2868 mine got changed to, target, Ross and another store that i don't know

    • @NFSMAN50
      @NFSMAN50 5 лет назад +1

      The kmart where i lived got replaced and turned into a Meijer and a strip store with a potbelly, and a fancy breakfast brunch restaurant in the massive abandoned parking lot and a verizon wireless store. The kmart parking lot was uncessarily huge for no reason, i'm glad they put up a strip store in the parking lot

  • @vce.john1734
    @vce.john1734 5 лет назад +648

    I prefer target because it not crowded not like Walmart where everybody block the aisle

    • @rafaelcastro6743
      @rafaelcastro6743 5 лет назад +25

      You must be white

    • @TheComp_Troller
      @TheComp_Troller 5 лет назад +96

      Target looks so much better, cleaner and more upscale compared to Walmart!

    • @vce.john1734
      @vce.john1734 5 лет назад +10

      Dwight Kurt Schrute III my local target got rid of hot dog and popcorn store now they have Starbucks

    • @Leon-ci6ym
      @Leon-ci6ym 5 лет назад +8

      Walmart has wider aisles though, compared to Target.

    • @zollar98
      @zollar98 5 лет назад +1

      LOL...LOL....

  • @missesmukta3415
    @missesmukta3415 6 лет назад +409

    it all started because you wanted a toaster...

    • @miguell4835
      @miguell4835 6 лет назад +11

      Say you need a shirt and you have to buy it in a physical store. Where would you buy it? JcPenney? Burlington? Or perhaps Gucci if you're feeling fancy. What about Mervyns? No? Mervyns may have not occured to you and it doesn't surprise me because that store shut down over a decade ago.
      I should start making my own videos about stores shutting down.

    • @lamsrojo
      @lamsrojo 5 лет назад +1

      @@miguell4835 u truly should. U should report all the big and small chain stores going out of business or merging or simply just changing names and rebranding. And u should include actual facts as to what led to company shut down. This whole retail business just seems like a big monopoly estate games. They build these building and then run them for a couple years and suddenly just shut down the store and they build these big chain stores in these lonely low population cities where they almost did it on purpose to fail and have a excuse to close business. Once they close they continue to have these abandoned warehouse size stores just empty and usless and taking up useful land where home development can grow. These rich greedy evil elite are taking up and claiming ownership to land and the american people are homeless or are living over crowded on top of each other and keep ua secluded to sections of land that they choose for us.

    • @ItzDrPlow
      @ItzDrPlow 5 лет назад +5

      damn toaster lovers

    • @shanty6953
      @shanty6953 5 лет назад +1

      lmfaoo

  • @dude28405
    @dude28405 Год назад +1

    What is bizarre is I didn’t make a conscious decision to stop shopping at Kmart it just sort of happened. Two Walmarts were in town easier to get in and out of. You’re right in the 1970s and 1980s I was at Kmart all the time. I didn’t think about Kmart until people said they were closing the store somewhere around 2016

  • @cindyli8626
    @cindyli8626 5 лет назад +604

    Video: “let’s say u have to buy a toaster”
    Me- “Amazo-“
    Video- “and it has to be in a physical store”

    • @zaksharaz5105
      @zaksharaz5105 5 лет назад +9

      Amazon go

    • @darkhero7658
      @darkhero7658 5 лет назад +17

      I hate amazon an iteam cost like 7 dollars tax makes it 14 dollars shipping makes it 17 wtf? And also i just dont like odering online

    • @TheManinBlack9054
      @TheManinBlack9054 5 лет назад +9

      dark hero plus they're an immoral mega-corporation

    • @wturner777
      @wturner777 5 лет назад

      @@zaksharaz5105 Not yet available everywhere. Well, off to Wally World!

    • @coolingheat5644
      @coolingheat5644 4 года назад

      dark hero god you don't like oding

  • @wiishopchannel0175
    @wiishopchannel0175 6 лет назад +519

    I miss Kmart is was part of my childhood 😭😭

    • @stza16
      @stza16 6 лет назад +12

      Sounds like a boring childhood.

    • @Greencloud8
      @Greencloud8 6 лет назад +7

      We still have ours
      You can visit it it’s like stuck in the 80s

    • @matthewnugent9094
      @matthewnugent9094 6 лет назад +24

      I used to go there just to get an ICEE

    • @dhk1467
      @dhk1467 6 лет назад +8

      @@stza16 better than hipster Walmart

    • @marcelac.7374
      @marcelac.7374 6 лет назад +5

      Me too and toys r us.

  • @bslinvestor4686
    @bslinvestor4686 6 лет назад +470

    Too slow to adapt! Also, poor customer service!

    • @xeevang1023
      @xeevang1023 6 лет назад +11

      Walmart probably have worst customer service but no one give a f....

    • @Jl777100
      @Jl777100 6 лет назад +4

      @@xeevang1023 Customer Service is the least of their worries. Have you not been to. Target or Walmart?

    • @jabber1990
      @jabber1990 6 лет назад +1

      customer service doesn't matter
      just look at the Airline Industry, the McDonalds in Potosi, or any Walmart

    • @tomlind1772
      @tomlind1772 6 лет назад

      @@3hreeoshortsvideos8 i only buy online from walmart and never shop the store itself. I go straight to orange pick up area, no lines.

    • @briangbur8743
      @briangbur8743 6 лет назад

      jabber 1990 that's right

  • @danieldougan269
    @danieldougan269 Год назад +1

    I used to buy groceries at a Super Kmart store circa 2004. It was one of the closest places to me for groceries.
    I quickly smartened up because their grocery prices were absurd.
    That store was not too bad on the inside, but I couldn’t justify the grocery bill.

  • @LaBucci
    @LaBucci 6 лет назад +359

    Kmart just digged itself into bankruptcy because of the lack of innovation and dirty stores, high prices and they just never evolved with the time! If they really liquidate all their stores I’ll be torn since Kmart was the store my parents always took me as a child, now I just do my shopping at Target or Amazon.. Kmart, you’ll be missed! Thanks for those 90s memories ❤️

    • @asaiahspoonerzayzay7315
      @asaiahspoonerzayzay7315 6 лет назад +1

      @N A bruh someone smart???

    • @Hydrang3a
      @Hydrang3a 6 лет назад +2

      Wow that’s literally the opposite of kmart here in australia. They’ve been so innovative with their products that it’s literally everyone’s go to place now

    • @Titanic19127
      @Titanic19127 5 лет назад +3

      Eddie Lamperts fault

    • @itrthho
      @itrthho 5 лет назад +7

      Eddie lampert only wanted the Real Estate of both Kmart and Sears...his intentions was never to actually run them both for long. But, he was stuck when the US real estate crashed in 2008 then he let them die a slow death as he spun off as much as he could for cash.

    • @p.r.t7420
      @p.r.t7420 5 лет назад +1

      I hear you buddy. Having been born in 1980 KMart was the place parents shopped and actually dressed up to go. I remember spending almost every weekend 3 hours at Kmart eating their huge subs and nachos and the shopping again. It was heaven to me. I always got a toy, every now and then a He-man or Thundercat. It was awesome!

  • @itzzsidra
    @itzzsidra 5 лет назад +142

    Kmart was my childhood I would go there with my parents since in the store there was a ceasers pizza place 😭😭

    • @autokid311
      @autokid311 5 лет назад +4

      Same

    • @rebccarae7669
      @rebccarae7669 4 года назад +3

      Not long ago because I go back to the restaurant The Little Restaurant it become like a little Maid-Rite type thing not Little Caesars but I do remember Little Caesars that was probably the late 90s early 2000s

    • @josephinetracy1485
      @josephinetracy1485 2 года назад

      I never understood the Wal-Mart thing..... I always preferred K-Mart

  • @justmason7672
    @justmason7672 5 лет назад +91

    Kmart was my favourite store when I was a child. They always seemed to have the best toy selection in my town and it was just a treat to go there.

    • @-elchoya9832
      @-elchoya9832 3 года назад

      now your 12 years old

    • @darlahouston4670
      @darlahouston4670 3 года назад +3

      I remember early in my childhood when these type stores were new...

    • @woolyfish6175
      @woolyfish6175 3 года назад

      Same

    • @Lucha045
      @Lucha045 11 месяцев назад

      But now. Kmart is no longer open.

  • @Emriv
    @Emriv 5 лет назад +17

    While in high school I worked in Kmart. Loved it so much.

    • @josephinetracy1485
      @josephinetracy1485 2 года назад

      I never understood the Wal-Mart thing..... I always preferred K-Mart

  • @king.kthebest6158
    @king.kthebest6158 6 лет назад +133

    I have many memories shopping as a child at Kmart with my mom...

    • @michellejones2427
      @michellejones2427 6 лет назад +4

      I do too!!

    • @MrHappy-rt3nr
      @MrHappy-rt3nr 6 лет назад +2

      Me too!

    • @justchillin6117
      @justchillin6117 6 лет назад +2

      Me to King. Blue light special. And eating at the restaurant lol

    • @kevin4428
      @kevin4428 6 лет назад +3

      Same, even though I'm young (14), it was my childhood store. So sad to see them go. There's still one near me in chicago although no one goes to it and it's definitely closing soon. There was another k-mart near me but they closed and it turned into a Seafood City and Jollibee.

    • @phoenixdavida8987
      @phoenixdavida8987 6 лет назад

      @@kevin4428 WHERE IS THIS JOLIBEE U SPEAK OF? IN CHICAGO?!

  • @kallyannabanana3723
    @kallyannabanana3723 6 лет назад +271

    Kmart is *VERY* popular here in New Zealand. And there sales are poppin

    • @diamondcole9502
      @diamondcole9502 6 лет назад +33

      Kallys Awesome I heard that they are doing good in Australia too
      But the owners of Kmart in American are different

    • @bigdogone916
      @bigdogone916 6 лет назад +5

      Their

    • @cloudbebex8757
      @cloudbebex8757 6 лет назад +3

      Its still open in Australia

    • @namjoonmyheartgoboomboom5694
      @namjoonmyheartgoboomboom5694 6 лет назад +1

      Same for Guam....

    • @jansenskyler6072
      @jansenskyler6072 6 лет назад +8

      Kmart New Zealand and Australia are own by the same company, it's an Australian company

  • @secretsocietyofsv
    @secretsocietyofsv 6 лет назад +252

    K-mart was my generations Walmart.

    • @Kimberly-wt1nu
      @Kimberly-wt1nu 6 лет назад

      GustavoFring Caldor was my generations K-Mart.

    • @Kimberly-wt1nu
      @Kimberly-wt1nu 6 лет назад +7

      Rui Wang perhaps that was just Gustavo’s creative writing style. A play on letters. Don’t get your panties in a knot about it.

    • @enonymuz8627
      @enonymuz8627 6 лет назад

      Kimberly how old are you?

    • @Kimberly-wt1nu
      @Kimberly-wt1nu 6 лет назад +1

      Enony Muz 40

    • @secretsocietyofsv
      @secretsocietyofsv 6 лет назад +6

      all this from a spelling mistake...... Some humans....

  • @philiphatfield5666
    @philiphatfield5666 11 месяцев назад +1

    From 1966 until the late 1970's, my family lived at K-Mart. We got our school clothes there, and we were in ecstasy when the 'Blue Light Special' was announced over the PA system. The wheels on my Mom's shopping cart would practically smoke as she raced and picked up speed to be the first to get 'Six steak knives for just $3.99'. The toy section was superb. I was able to buy fuel powered control line airplanes, model rockets, whatever. They had a cafeteria which served great grilled cheese sandwiches. What a place.

  • @VladimirPudding_
    @VladimirPudding_ 5 лет назад +260

    There used to be a Kmart in the shopping center near me.
    Then they replaced it with a Target.

    • @veemo5055
      @veemo5055 5 лет назад +4

      RetardNation there was a little "plaza" with a chuck e cheese payless k mart and some auto shop I think they shut all of it down payless was the last one I don't think it was still open

    • @domthebomb7067
      @domthebomb7067 5 лет назад +2

      Mine is now a Pet co and ULTA beauty lol

    • @palerider6099
      @palerider6099 5 лет назад

      Junk target

    • @RudeDude4000
      @RudeDude4000 5 лет назад

      They replaced mine with a Ross

    • @warchiefv5207
      @warchiefv5207 5 лет назад

      Same

  • @inazumanfrash
    @inazumanfrash 6 лет назад +428

    K-Mart near me were always super ghetto and marked up in pricing.

    • @aahmas6670
      @aahmas6670 6 лет назад +3

      Taka yes same here...except our employees are ghetto too..they won't help u...

    • @austinha11
      @austinha11 6 лет назад +1

      Ghetto? How?

    • @FranciscoElNeneGalan
      @FranciscoElNeneGalan 6 лет назад +3

      Only in getho towns...only low life and criminals shop there..Walmart the same

    • @Seroxm13
      @Seroxm13 6 лет назад +4

      There's a Kmart 5 minutes from where I live and it was never ghetto. I loved it more than Walmart just bc it was less crowded and more chill to shop. But Walmart has better prices and more variety.

    • @miningcamper
      @miningcamper 6 лет назад

      @@FranciscoElNeneGalan - Shopping Walmart is like slumming no matter where they are. And it has nothing to do with the race of the shoppers- it's a matter of class.

  • @iwonder7475
    @iwonder7475 6 лет назад +611

    Why am I watching this I don't even live in america lol

    • @1dogissky
      @1dogissky 6 лет назад +11

      Dwayne Kirby is it really bad? I’ve been America many times I want to live there.

    • @1dogissky
      @1dogissky 6 лет назад

      Yuyugt 86 thanks

    • @1dogissky
      @1dogissky 6 лет назад +1

      Christopher Chinchilla what states are good?

    • @almostgreatnate7444
      @almostgreatnate7444 6 лет назад

      1dogissky some parts gotta pick the right place to live, I live in AZ and I love it but there are alot of problema

    • @kikomontes8444
      @kikomontes8444 6 лет назад +3

      @@1dogissky Go anywhere except for the big city here in the state. I use to lived in Pella, Iowa such a nice calm beautiful place flat road, Wise, Virginia peaceful and quiet you can go out at night and ghost hunt, and now I lived here in Cranston, Rhode Island I like it cuz everything so close together city to city I can get to Boston, Massachusetts in like 45 minutes from here since the State are small but I won't recommended living here though tax way too expensive, route 95 always traffic, unlike Virginia or Tennessee where you can see a nice beautiful Appalachian Mountains but you will need a car since everything so far away. Just go to the place in State with a good nature and avoid big city at all cost.

  • @musclecarfan74
    @musclecarfan74 Год назад

    I lived across the street from a K-mart from 1982-86 the store opened and closed in that time. It was too close to another that open in 1971, when it took over a Grant city, store it closed in about 2010.

  • @hadoukenhadouken9219
    @hadoukenhadouken9219 5 лет назад +70

    Bad investments, terrible business decision and major corruption at the corporate level.
    - Truth

  • @jamesrichey2434
    @jamesrichey2434 6 лет назад +14

    i got hired at kmart in 1989, i was 19, and was there during the height, and it was great. i was electronics manager and our dept was the best in the district, but i saw the flaws even then, we never had the ad merch. and rainchecks were a joke, but if you were smart, you used their system against themselves. I couldn't get product that i needed, but if i keyed a raincheck request, i usually got it, i had to use the system to get product to sell, it was pretty insane and the ceo and his buds, they lived the high life, with 6 corporate jets and nice golden parachutes while we were sent packing in the end with nothing. I miss kmart, and my family there, they let us down.

  • @TorranceJPlaylist
    @TorranceJPlaylist 6 лет назад +565

    Didnt adopt internet. Stuck to an old business model

    • @jaredlangley6924
      @jaredlangley6924 6 лет назад +19

      They did. It was too late though. They also had a CEO that was horrible and tried gutting the company for self gain.

    • @jamesslick4790
      @jamesslick4790 6 лет назад +15

      Didn't adopt the Internet?!?!-Actually, they were there at the start! Did you know that "way back" in the "day" KMart actually had their own Internet Service Provider ("BlueLight")?searsholdings.com/press-releases/pr/1657

    • @wisenber
      @wisenber 6 лет назад +2

      @Torrance "Didnt adopt internet."
      That wouldn't explain 1991 to 2001.

    • @wisenber
      @wisenber 6 лет назад +4

      @Donald Kasper " It is hard to browse online. People tend to go online for exact things they want already."
      Go to Amazon or EBay and type "toaster". There's plenty to browse. Amazon doesn't spends millions a year maintaining their review sections for nothing.

    • @miningcamper
      @miningcamper 6 лет назад +1

      @@wisenber - It's awfully hard to shop for a gift online- I always had to actually see the items rather than a picture.

  • @dave23024
    @dave23024 Год назад +1

    That headline is messing with my head. It's written like one store beat the others to bankruptcy. 🤣

  • @mrfunkybassist
    @mrfunkybassist 6 лет назад +9

    There was a kmart on my side of town and i shopped there and at sears pretty regularly because you could work their rewards program to get some crazy good deals on products but when they closed the Kmart near me, I refused shopping at sears after that (which is also now closing in our town). The one thing I would always tell my wife was that kmart needed to update its infrastructure. Their registers were straight out of the 80’s and were slow, they asked 5,000 questions before you finished checking out, and their receipts were a mile long. They made it painful to purchase rather than simple which is what the modern shopper wants imo...

  • @chrisl8355
    @chrisl8355 5 лет назад +237

    Eddie Lampert should be in jail for what he's done to Sears.

    • @xx2345000
      @xx2345000 5 лет назад +19

      That is a fact Chris, I loved being able to exchange broken Craftsman tools at Sears, never a question and they sold Craftsman to Stanley and just squandered 600 million dollars!

    • @nbacurly
      @nbacurly 5 лет назад +3

      @@xx2345000 so cringe when you call someone you don't know on the internet by their first name

    • @josephorona32
      @josephorona32 5 лет назад +5

      he abused sears....😭😭😂😭😂

    • @BriBee2468
      @BriBee2468 5 лет назад

      @ipmala Don't forget Ross :D

    • @greenearthblueskies8556
      @greenearthblueskies8556 5 лет назад

      ipmala jc penny sill exist 🤔

  • @user-pc7ef5sb6x
    @user-pc7ef5sb6x 6 лет назад +137

    All these stores like Kmart, Sear, ToysRUs, Circuit City came out of our artificially inflated economy. They've been riding on low interest rates for decades, which kept them afloat.

    • @tofuyam7361
      @tofuyam7361 6 лет назад

      Huh...

    • @ericpurkey7502
      @ericpurkey7502 6 лет назад +3

      Both kmart and Sears will be gone by 2021.

    • @wisenber
      @wisenber 6 лет назад +8

      @Retro "All these stores like Kmart, Sear, ToysRUs, Circuit City came out of our artificially inflated economy. "
      Sears and KMart predated the Great Depression. Has the economy been "artificially inflated" for over 100 years?

    • @technologyproductions-ye3px
      @technologyproductions-ye3px 6 лет назад +2

      No the market wanted them.

    • @dudeseriously57
      @dudeseriously57 6 лет назад +2

      No DUMB-DUMB; in retail, there will always be winners and losers as long as there is open honest or dishonest competition.

  • @LawlerNichole
    @LawlerNichole 8 месяцев назад +1

    There was a Kmart in the small town I live in. It closed not long after Walmart opened.

  • @msg472
    @msg472 5 лет назад +43

    Kmart Woolworths and Sears were awesome. Sadness.

    • @sasz2107
      @sasz2107 3 года назад +1

      I fully agree!!

    • @Malepical
      @Malepical 3 года назад

      Woolworth's in Chicago had a pet store and an ice cream counter downstairs.. sometimes my mom would take me and my sister there for a chocolate malt and a replacement goldfish lol #memories

  • @jaridkeen123
    @jaridkeen123 6 лет назад +62

    Every 1 week a Kmart was opening and it was crazy, but Starbuck's opens a new Store every 15 hours in Singapore

    • @NotShowingOff
      @NotShowingOff 6 лет назад

      Jarid Gaming did Singapore have local coffee?

    • @isabellatinley
      @isabellatinley 6 лет назад

      In Australia in total we have (I think) 4 stores.

    • @TheFourthWinchester
      @TheFourthWinchester 6 лет назад +3

      Starbucks is failing in most of the world though

    • @jacobreinhart8948
      @jacobreinhart8948 6 лет назад +1

      ya but a Kmart store if way different from a coffee store with four employees at a time

    • @smilesgirl17
      @smilesgirl17 6 лет назад

      That's not right. That's like an infectious disease.

  • @GAROmx
    @GAROmx 6 лет назад +311

    At the rate we are going amazon will take over soon

    • @Duni4ever22
      @Duni4ever22 6 лет назад +17

      ESGAR MONTALVO they already did

    • @iKingRPG
      @iKingRPG 6 лет назад +12

      yeah until it goes bankrupt

    • @Duni4ever22
      @Duni4ever22 6 лет назад +11

      iKingRPG Amazon is not going bankrupt anytime soon, have u seen how much their stock is worth? They will put other many companies out of business before they go bankrupt

    • @samuelwhite3173
      @samuelwhite3173 6 лет назад +9

      @@Duni4ever22 Inevitably Amazon will go bankrupt. Not soon, maybe 2050?

    • @Duni4ever22
      @Duni4ever22 6 лет назад +8

      Samuel T. White for that to happen there would have to be another rival company with lower prices, not impossible but I do not see another company that can put Amazon out of business. Maybe in the future or maybe a current company like Walmart and their current use of the internet with Walmart.com. However Walmart does have over two million employees where as Amazon has around 660,000 less wages and benefits that Amazon has to pay out, increasing their profit margins.

  • @claireevans7014
    @claireevans7014 3 года назад +1

    By far my favorite CNBC mini-doc, which says a lot considering how well done they all are! Never would have thought this could be so interesting.

  • @charloman297
    @charloman297 6 лет назад +90

    The typical story of a company who kept eating the eggs, but didn't feed the goose. Management didn't take care of the company and the stores and were only concerned with their fat salaries. Of course it's all gonna crash and burn eventually

    • @jefftX
      @jefftX 6 лет назад +3

      @Charloman
      That phrase sounds like something an 80 year old man would say. Their problem was online presence. You’ll notice the common denominator in every business that’s shutting down now is they failed to establish an online shopping presence. Their competitors were getting online sales. They weren’t. Game over.

    • @charloman297
      @charloman297 6 лет назад +6

      @@jefftX Well that's obvious friend. Part of the responsibility of 'taking care of the stores' is to make sure the company makes the transition into the modern business landscape. That includes an updated infrastructure not just with the physical stores and well trained staff but a sustainable online presence 👍🏼

    • @Greencloud8
      @Greencloud8 6 лет назад +1

      Goose can go free range and eat

  • @adamjones1040
    @adamjones1040 5 лет назад +6

    I worked for Kmart in Temple Terrace from 2014 to 2016. The store I worked for closed down in September 2018. I could see signs of it closing down shortly before I left. The TV wall was becoming very small and most of the electronics department became furniture. All I could think to myself what is how does a company so successful during my childhood in the 90s turn into this.

  • @nyxxie023
    @nyxxie023 6 лет назад +96

    I have a Target, Walmart and Kmart near me. Surprisingly, the Kmart's not doing that bad. The only reason I would choose Kmart is if I don't feel like dealing with Walmart or Target's busy parking lot.

  • @americaswildestprospector
    @americaswildestprospector Год назад +1

    I miss Kmart. Had some good memories shopping there.

  • @CWR66
    @CWR66 5 лет назад +8

    I worked for Kmart from 1983 until 2006. I gave 23 years of my life to that company and they laid me off in January 2006 along with several other long time loyal employees. The store I worked at closed a couple years ago and I have a much better paying job today so I guess it worked out ok . I had a lot of good friends and good times working there as well as meeting my wife while working there so yeah Its kind of sad to see it decline the way it has.

  • @felicitylittler
    @felicitylittler 5 лет назад +60

    Omg in Australia Kmart is the place to be everyone loves it

    • @dnlcast2
      @dnlcast2 5 лет назад +5

      Different country, different culture, different vibes.

    • @queenielol2082
      @queenielol2082 4 года назад +1

      factsss

    • @kylem.7466
      @kylem.7466 4 года назад +11

      The Australian Kmart is run by a different company, one that actually updates their stores and sales processes.

    • @robbydoesit3780
      @robbydoesit3780 3 года назад +1

      That's because there's no Wal*mart ithere?

  • @kevinmorley9372
    @kevinmorley9372 6 лет назад +107

    It's never the executives of a closing business that suffer but the suppliers & employees

    • @Christof708
      @Christof708 6 лет назад +2

      Kevin Morley That’s true they just latch on to the next company, and ruin that one too.

    • @kevinmorley9372
      @kevinmorley9372 6 лет назад +1

      chris corona
      And listening to this the man responsible owns the Kmart/Sear assets, bet he's making a fortune either selling or leasing them out

    • @wisenber
      @wisenber 6 лет назад

      @Kevin "It's never the executives of a closing business that suffer "
      Unless you count the loss of the initial investment. They didn't buy it for free.

    • @kevinmorley9372
      @kevinmorley9372 6 лет назад +2

      @wisenber
      We pay for those initial investments through the tax incentives they receive

    • @wisenber
      @wisenber 6 лет назад

      @@kevinmorley9372 Which tax incentive would that be?

  • @chuckecheeseminnesota
    @chuckecheeseminnesota 7 месяцев назад +1

    The Kmart in my city closed in 2012, after that our local Kmart was 30 minutes away before THAT closed in 2020.

  • @timjansen7694
    @timjansen7694 6 лет назад +104

    My patronage to KMart ended in about 1997 or so. I stood in a check-out line and two shoppers in line in front of me proclaimed that their puschase items were on sale in a newspaper flyer even though they weren't marked as such in the store. So the cashier pulled out a KMart flyer she had under her cash register and started leafing through the items on sale. It took me 20 minutes to get through a line with 3 shoppers in line. This same scenario happened again about a month later. I told the cashier that it was not her fault, but I was never coming back to KMart. And I never did.

    • @michaelsteele2761
      @michaelsteele2761 6 лет назад +10

      And?

    • @randallanderson1632
      @randallanderson1632 6 лет назад +5

      +Tim Jansen There was a discount department store chain in Ohio called Gold Circle. The same thing happened to me. It took just once. I still remember I was buying golf balls. That was the days before barcodes and scanning. I'm not sure those things would have solved the problem.

    • @jamesslick4790
      @jamesslick4790 6 лет назад +16

      That type of thing has happened to me one time or another at literally every discount and supermarket I've been to. - How is it a Kmart issue?

    • @timjansen7694
      @timjansen7694 6 лет назад +5

      +James Slick When do you make poor performance an issue for the store you patronize? For me, I discovered that it is a total of about a half hour of waiting in two different times in checkout lines that had a total of about five other shoppers in line. I've never run across anything so unsatisfactory at any other store.

    • @jamesslick4790
      @jamesslick4790 6 лет назад +11

      @@timjansen7694 I patronize lots of different stores, and this type of thing has happened at all of them an occasion.

  • @zinia980
    @zinia980 6 лет назад +33

    I remember K Mart but then it also feels like a fever dream😂

  • @Moon___man
    @Moon___man 6 лет назад +10

    I worked at a Kmart back in 2013-14 while i was in school.. Even I questioned why people shopped there...

    • @pika62221
      @pika62221 6 лет назад +2

      they were still reasonable in their selection. They let video games go, and that along with Martha Stewart was the final straw, they were toast when they let their biggest sellers leave.

  • @sharoncoe6421
    @sharoncoe6421 2 года назад

    Wish we still had our Kmart store here in Mt. Airy! Held so many great memories for me and my husband!

  • @sg8953
    @sg8953 2 года назад +6

    I worked at K-Mart around age 16 in the mid 90s and even employees didn't shop there. The prices never rang up correctly based on the signs/ price labels/ sales flyers. They always rang up higher in the company's favor. If you needed to buy more than a few items, it was impossible NOT to miss a few and get overcharged. Even if items had rang up correctly, the prices were higher than competitors and the quality wasn't very good. Plus my store manager was constantly yelling at employees for things we had zero control over so employee morale was pretty much nil after a few days. I think I lasted less than 6 months and I lasted longer than most. K-MART put itself out of business long before Target even hit the scene in my area.

  • @cheollie2180
    @cheollie2180 6 лет назад +46

    Kmart in Australia.....
    Is like a national treasure

    • @cheollie2180
      @cheollie2180 6 лет назад

      Mr. Fix It NZ is not in Australia but ok

    • @AznCracker13
      @AznCracker13 6 лет назад

      It's a separate company than the US holdings. Whereas the aussie stores were updated, the US ones have not been updated in 20 years

    • @rebeccamurphy3735
      @rebeccamurphy3735 6 лет назад +1

      In Australia, target is pretty pricey for a ‘cheap’ store

  • @GodofWarChuka
    @GodofWarChuka 5 лет назад +46

    I’m in central Wisconsin. We used to have K-Marts in the Fox Valley area cities like Appleton, Oshkosh, etc. they’ve been shut down for years now. The only K-Mart that is still open that I know of in this area, is in Ripon, Wisconsin. Out in the Boonies, LoL

    • @jaredperezzz1535
      @jaredperezzz1535 3 года назад +2

      The k mart in Kenosha has been closed for a while now

    • @GodofWarChuka
      @GodofWarChuka 3 года назад +2

      @@jaredperezzz1535 I used to live in Kenosha. Close to The Spot drive in on Sheridan Rd. Moved up to Appleton in 1984. K-Marts are pretty much done. Shopko’s to. They all shut down about 1-2 years ago.

    • @Mrgeorgecoo
      @Mrgeorgecoo 3 года назад +2

      Ayy I’m from the valley too 🤙🏻

    • @lloydkline6946
      @lloydkline6946 3 года назад +1

      Kmart that were open later looked very very out datrd

  • @sharonb5812
    @sharonb5812 3 года назад +4

    I worked at Kmart during college. Always a mess and unorganized aisles but man we had some loyal shoppers!

  • @toughmanrandysavage3077
    @toughmanrandysavage3077 6 лет назад +122

    I supported my KMART till the very end.... goodnight sweet prince.

    • @sweetiepie4328
      @sweetiepie4328 6 лет назад +1

      😂😁sweet prince

    • @miguell4835
      @miguell4835 6 лет назад +2

      😁
      Epic
      Same here. It shutdown here in town around 2001. I was a kid but I still have vague memories. Kinda had a target feel to it. This city is now ran by walmart. The new prince. 😝

    • @bigguyCIA4u
      @bigguyCIA4u 5 лет назад

      F

    • @jasonolguin
      @jasonolguin 5 лет назад

      Same it was really sad it closes down late 2017 early 2018 and everything left was 90% off

    • @-elchoya9832
      @-elchoya9832 3 года назад

      did you have to hold up the center beams

  • @ChavoMysterio
    @ChavoMysterio 6 лет назад +54

    Kmart used to have a good eatery express as well as those delicious pre made submarine sandwiches.

    • @briangbur8743
      @briangbur8743 6 лет назад +1

      I remember

    • @Qusin111
      @Qusin111 6 лет назад +1

      yes that was a big mistake taking these out

    • @williamhaynes7089
      @williamhaynes7089 6 лет назад +1

      you would also get the big bag of pop corn.. always in the middle of the store

  • @s.fsimoes8898
    @s.fsimoes8898 6 лет назад +18

    Found memories my family use to shop there growing up as a kid. ✌🏻️😻

  • @jc_malone8217
    @jc_malone8217 Год назад +2

    When I was a kid my mom won money from a fishbowl drawing. They announced it on the intercom, and we were so excited. This happened twice in a row. I thought it was good luck. Now, I realize it was because we were pretty much the only people in the store.

  • @adeolaruva8266
    @adeolaruva8266 6 лет назад +62

    BUT IN AUSTRALIA KMART IS THE BOMB PLACE TO GO FOR ANYTHING

    • @floydefisher
      @floydefisher 5 лет назад +1

      And who owns KMART in Australia? I doubt it's Sears Holdings.

    • @TimmyTickle
      @TimmyTickle 5 лет назад +1

      floydefisher Wesfarmers

    • @floydefisher
      @floydefisher 5 лет назад +12

      @@TimmyTickle And there is the difference. The US company is owned by idiots, and the Australian company is owned by competent retailers.

    • @jecos1966
      @jecos1966 5 лет назад +2

      @@floydefisher When it came to Australia it was own by Sears then a group call Cole bought Kmart and Target too today it is own by Westfarmers who also owns Target and Coles

    • @floydefisher
      @floydefisher 5 лет назад +3

      @@jecos1966 All of which happened long before Eddie Lampert took over Kmart in the US, and ran it into the ground. Which proves my point completely.

  • @thekmfdmmachine3919
    @thekmfdmmachine3919 6 лет назад +31

    My family would spend a
    Friday night at k mart with slushies and hell yeah blue light specials haha

    • @thekmfdmmachine3919
      @thekmfdmmachine3919 6 лет назад +1

      Oh yeah, and soft pretzels.

    • @thetechlibrarian
      @thetechlibrarian 5 лет назад

      Anyone remember Ames

    • @janemorris2865
      @janemorris2865 5 лет назад

      Submarine Sandwiches AND last minute Blue Light Specials on them, too!

    • @pelosuelto70
      @pelosuelto70 5 лет назад

      My family too... Especially that we had a Little Ceaser's in the store.
      Good memories.

  • @lmsorenson8503
    @lmsorenson8503 5 лет назад +14

    I remember going into Kmart when I was little and I could tell at a preteen age that the stores didn't seem like they cared anymore. Everything was mismatched on shelves, shelves with DVDs were empty, there's always just screaming children lying on the floor and long lines not enough employees... Good times👍

    • @-elchoya9832
      @-elchoya9832 3 года назад

      i remember dog biscuits were on the cookie shelves,wonder why they didnt taste so good but i got shiney head of hair.

  • @tamlynn786
    @tamlynn786 2 года назад +5

    I remember being a little girl in the 80’s and the blue light specials. Everyone would stand around the booth and watch the demo for knives or kitchen appliance. And we could take our popsicles into the store in the summer time while we shopped for summer clothes. Many of my childhood shopping memories are from Kmart 💗

    • @Tripps2564
      @Tripps2564 2 года назад

      I wonder how CostCo would compare today in terms of demonstrations on kitchen stuff and food in general.

  • @Sean-sn6gn
    @Sean-sn6gn 6 лет назад +104

    We still have Kmart in Australia and it’s going strong. It is owned buy a different company though.

    • @tylerbarnes209
      @tylerbarnes209 6 лет назад +8

      same here in new zealand

    • @jonathanguillen4152
      @jonathanguillen4152 6 лет назад +24

      I’m glad k mart atleast still exist in other countries I hope it never goes extinct like it’s happening here in the U.S

    • @mangolollipop_
      @mangolollipop_ 6 лет назад +6

      Kmart is so popular in Australia that it has its own cult following (also an avid Kmart shopper). Makes me sad for the US Kmart to see them fail, but then I barely saw a Kmart while I was in US.

    • @seaguy
      @seaguy 6 лет назад +4

      Lampert isn’t in charge thankfully or you’d have run down stores without customers

    • @NoNo-qj3ef
      @NoNo-qj3ef 6 лет назад +2

      SLK im Aussie too I have a K mart and Woolworth’s at South Gate and target

  • @itzaureos9180
    @itzaureos9180 5 лет назад +81

    Kmart is a shop in Australia, it’s basically Walmart.

    • @jackson5116
      @jackson5116 5 лет назад +4

      and it was started under the American side of Kmart- until they sold it to an Australian company.

    • @silvervalleystudios2486
      @silvervalleystudios2486 5 лет назад +16

      Kmart in Australia is on fire. Its doing better than ever.

    • @legojenn
      @legojenn 5 лет назад +10

      @@silvervalleystudios2486 It's too bad that the rest of Australia is also on fire.

    • @GillianPridgen
      @GillianPridgen 4 года назад +1

      @@legojenn IM DYING

    • @WeedShaggy
      @WeedShaggy 4 года назад +1

      @@GillianPridgen So are the Koalas

  • @Spitfire__1944
    @Spitfire__1944 5 лет назад +5

    This store night of been outdated but this store was a part of my childhood and I always enjoyed going there.

  • @pumpkingirl4229
    @pumpkingirl4229 Год назад +1

    I enjoyed shopping at Kmart... loved their Submarine Sandwiches and Cherry Icees,
    The Blue light Specials and their music .😢

  • @Abyssal2808
    @Abyssal2808 3 года назад +3

    I remember when I was a kid, there was a Kmart near our old house, and a little cesar's pizza was inside it. I still remember eating pizza while my mom was shopping for a toaster. Memories.

  • @vsatx
    @vsatx 5 лет назад +26

    The last time I stepped foot inside a k Mart was the mid 90s.

  • @jrodt9
    @jrodt9 4 года назад +3

    Kmart was my childhood store 😔 i used to love going there as a kid. So many fond memories. I wanna go to kmart now 😭😭😭

  • @DS-ky9dl
    @DS-ky9dl 2 года назад

    I worked at KMart for 8 years in the 90"s. We were usually busy and it was a fun job, but toward the end the store started to look worn and dirty.

  • @timothywilliams2601
    @timothywilliams2601 5 лет назад +7

    I believe one of the reasons why Kmart lost out because they stayed old school way to long. While the other stores mentioned, made changes to modernize faster. Me myself enjoyed the old school personalization. Now these stores today are so impersonal. The employees don't interact like the old stores did. It's ashame because an employees interaction made you feel good about coming back in the future.

  • @SaraHeap
    @SaraHeap 6 лет назад +18

    I actually am currently working at a Kmart in my small-ish town. The closest Walmart and Targets to us are 20 minutes away, so I think our Kmart is going to be here for awhile.

    • @gamingaccount2439
      @gamingaccount2439 6 лет назад +1

      Can I pipe though?

    • @DaftPunkSkittle
      @DaftPunkSkittle 5 лет назад

      thats funny because here in California in the Southbay area 2 Kmarts closed down. I guess the part of California youre from still has a Kmart going. The ones here in LA really really had bad management

    • @pelosuelto70
      @pelosuelto70 5 лет назад

      Yeah, Kmart seems to do well in rural/small town areas. Once you're in the city and everything is built close, Kmart is forgotten.
      It happened to a town I used to live in. It became a city, more people moved in... And that was it.

  • @Olmec0
    @Olmec0 6 лет назад +41

    I remember when I got my first Nintendo from kmart☺

    • @juicybullfrog
      @juicybullfrog 6 лет назад

      thomas the dank engine I still remember when my dad bought me DK 64 game in Kmart.

    • @ashleyyg4164
      @ashleyyg4164 6 лет назад

      I got mine from *TARGET*

  • @justinbb7467
    @justinbb7467 3 года назад +1

    The Kmart in my hometown closed a year ago. Only shopping option in town. Walmart is in the next city over, 20 minutes away. It was outdated but was the go-to store for last minute options and, at least in my opinion, had a pretty good Christmas display every year.