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Essay

Kmart

Essay specific features

 

Issue:

Business

 

Written by:

Laura C

 

Date added:

October 9, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

16 / 4373

 

Was viewed:

9848 times

 

Rating of current essay:

 
Essay content:

The Kmart name has become a symbol of Americana, standing for quality products at low prices. Yet too much diversification, too little attention to its core business, and brutal competition particularly from the mighty Wal-Mart and Target led to a prolonged state of decline and ultimately to a filing for Chapter 11 bankruptcy protection in January 2002 by the U...
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The retailer has 600 fewer stores and new leadership since filing for protection from its creditors in January 2002. It also has a US $2 billion loan to compete against bigger retailers like Wal-Mart and Target. Investor Edward Lampert's company, ESL Investments, is converting US $2 billion in financial claims against Kmart into stock and will own a 49% stake in the company (KBTX 2004)...
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General issues of this essay:
kmart Kmart & Sears Kmart Co Kmart Corporate Strategy Kmart : Where is it going? Kmart Kmart Kmart kmart kmart/sears merger kmart sears Sears Holdings Corporation; Kmart And Sears As One Sears Kmart Merger Sears/Kmart Merger Case Study kmart
 

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