Some of K-Mart's problems are of their own creation unfortunately. They neither increased customer service nor discounted prices nor revamped product lines sufficiently to compete against Target or Wal-Mart, and where people had a choice, they chose not to shop at K-Mart.
The few times I've gone in there in recent years, I've regretted it... It's sad that a lot of people will lose jobs and money because of mis-management. The managers and executives will probably be hurt least of all. But employees, suppliers, investors - different story. -Ben -----Original Message----- From: Todd To: CF-Community Sent: 1/25/2002 11:53 AM Subject: Re: Kmart belly up? (wasRE: Enron executive commits suicide) This is the second time K-Mart has filed in the past 10 years, or so. Todd ----- Original Message ----- From: "Cameron Childress" <[EMAIL PROTECTED]> To: "CF-Community" <[EMAIL PROTECTED]> Sent: Friday, January 25, 2002 12:28 PM Subject: Kmart belly up? (wasRE: Enron executive commits suicide) > > From what I understand the filing by K-Mart won't necessarily > > close down all the stores. > > Yes, "bankrupt" and "going out of business" are not the same thing. > Companies routinly continue to operate while under bankruptcy protection > until they are "back in the black" and able to settle their debts. > > -Cameron ______________________________________________________________________ Macromedia ColdFusion 5 Training from the Source Step by Step ColdFusion http://www.amazon.com/exec/obidos/ASIN/0201758474/houseoffusion Archives: http://www.mail-archive.com/[email protected]/ Unsubscribe: http://www.houseoffusion.com/index.cfm?sidebar=lists
