Wednesday, March 13, 2019

From Blue Light to bankrupt: Kmart's decline 'one of the saddest retail stories'

The Detroit News
It was one of the most innovative retail chains of the last century, but Michigan-born Kmart's future is anything but certain as its parent emerges from Chapter 11 bankruptcy.

Kmart has staved off demise again — for now. Retail experts say it would take nothing short of a miracle to keep its stores and sister company Sears alive more than a few years. The retailer's devoted shoppers, however, hope that is not true.. . . more