When I was growing up Sears was the biggest retail store around. My family bought everything there. The first credit card I wanted when I turned 18 was a Sears Card. When Sears bought K-Mart a decade ago there was hope for both struggling retail stores. Competition from Amazon and to a lesser extent Wayfair just proved to be too much.
Yesterday Sears and K Mart released a list of 142 under performing stores that would be closing soon as part of their bankruptcy filing. One of the stores on the list was the K-Mart on Hulst Drive in Matamoras. If you are a bargain hunter the company sales liquidation sales will be starting soon.
The store is actually a "Big K" K Mart Store. It's a very large retail space. I have a feeling the building will be empty for a long time once K-Mart leaves. I've shopped at that K-Mart for 15 years. The quality of everything I bought there was usually better than WalMart. I rarely have to drive to a mall because the K-Mart 5 minutes from my house had everything.
I know many young people who buy everything from Amazon. They don't seem to realize this is the end result. It makes me very sad. Overall the economy is in great shape. Hopefully, the people who work at K-Mart in Matamoras won't have a long time to wait before they find another job. As you can see by my worn and bent "Shop Your Way" rewards card. I'm going to miss that store.
Source: CNN Business
Photo by Steve Andrews