Would consumers really miss Kmart if it went away
EW YORK AP would consumers miss Kmart if it went away Capri DeMarco a mother of three from Duanesburg NY says no their customer service rots Wal Mart has taken over Shoppers say Kmart must change fast during Chapter 11 proceedings analysts predict liquidation risk Ames and Montgomery Ward faded Caldor disappeared and Merry Go Round collapsed Kmart plans to evaluate store performance and lease terms by quarter end potentially closing 250 to 700 of its 2100 stores Martha Stewart and other exclusive brands remain key assets backing its position in the shrinking discount sector
MENTIONED IN THIS ARTICLE
EW York
Kmart
Capri DeMarco
Duanesburg
N.Y
Wal- Mart
Wal-Mart
DeMarco
Bradlees
Montgomery Ward
Ames Department Stores
Ames
Caldor
Merry-Go- Round Enterprises
Conor Reilly
New York
Gibson, Dunn & Crutcher
Merry-Go-Round
Gap
Abercrombie & Fitch
American Eagle Outfitters
Target
Kohl’s
Martha Stewart
Sesame Street
Jaclyn Smith
Michele Tekler
Wausau
Wis
Tekler
Kmarts
Market unfazed as rate cuts near end of path
Wall Street ignored Greenspan remarks signaling fewer rate cuts. Investors await concrete signs of an economic rebound amid lackluster fourth quarter results and cautious forecasts. Markets hinge on ISM and Labor Dept data, with Cisco and retailers eyed for clues.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Alan Greenspan
Wall Street
Fed
Robert Streed
Northern Select Equity Fund
Chicago
Greenspan
Institute of Supply Management
Labor Department
Larry Wachtel
Prudential Securities
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