What went wrong with the K-Mart Corporation in the 1980's & 1990s and where are they now?

Question

Have they made a comeback?

Answer 1

No K-Mart really needs a miracle to turn around.

Answer 2

a little store called walmart overtook the big box stores and now sears has bought kmart and it is barely breathing

Answer 3

This type of store format is very dependent on LOCATION.  K-mart's stores had good locations, but they were outdated.  K-mart didn't invest money in their stores.  Wal-mart updated theirs, and opened a brand new store always across from the old K-marts stores.  Wal-mart also got into the grocery business, vision, travel, nail salon business, etc, etc.  And... beat the pants off K-mart.  When K-mart tried to do something it was too late.  Poor vision on the part of the leadership of K-mart

Answer 4

I think the went bankrupt or closed down.

Answer 5

they're cheap, and fraudulent, they arsoned there own plazas to colect on the insurance money