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10-08-2008, 06:53 PM
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BigAls87Z28
Join Date: Jul 2004
Location: West Long Branch
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Quote:
Originally Posted by
BigDaddyKane
Im pretty sure they filed for bankruptcy at one point, or a kmart in his area went out of business.
*edit* yea they did file...
http://money.cnn.com/2002/01/22/companies/kmart/
They filed for bankruptcy, sold a lot of thier property to Sears, Eddie Lampert took a lot of that money to reinvest into Kmart, reopened a lot of their stores, made tons of money, and took over Sears.
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