In Warner Robins, Georgia, it’s been revealed that plans to replace the Kmart were already in place before Sears Holdings made the announcement last Summer. So the whole thing was a deal between Sears Holdings and Texas based At Home (formerly known as Garden Ridge). By the way, the new At Home store still has not opened and Kmart vacated the property in October 2014. On top of that, At Home says they will employ not even half the number of people the Kmart did (25 vs 70).
Sears Holdings has made property deals with At Home as the home decor and garden center is taking over several vacated Kmart locations across the U.S.
The Super Kmart in Chillicothe, Ohio, is now called K-Fresh. The new format store (somewhere in between a Big Kmart and a Super Kmart) also ceased in-house butcher/baker/deli operations which will now be contracted out. The new K-Fresh is no longer open 24 hours. No layoffs were announced, but administrators did say there would be “changes” to staffing. It’s apparently the latest Sears Holdings scheme, now being implemented by Kmart’s new president who previously oversaw the destruction, I mean worked for the British empire grocery chain store Tesco.
Speaking of Tesco, since Alasdair James was appointed president of Kmart his former stead Tesco has announced they must kill off 10-thousand jobs! Tesco is supposed to be the biggest grocery store chain in the United Kingdom, and sales even went up at the end of last year, so for the average Brit this massive job culling is a shocker.
It turns out that while Alasdair James was working at Tesco some shenanigans were going on with the ‘books’. Company administrators revealed that during the first six months of 2014 their reported profits were ‘overstated’, and seven people connected to the overstatement were suspended. Now they say they need to cut $284-million USD per year! Apparently Alasdair James was still commercial director for Tesco when Sears Holdings hired him. James also worked for Tesco’s China operations.
New British empire leader of Kmart spends big bucks on new house!
New executives have track record of destruction?