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Thursday, July 07, 2005

Viraje en Kmart/Sears

Sorprendente cambio,consecuencia directa de la fusión con Sears, y admiro las agallas de sus ejecutivos. En una industria de márgenes bajos como abarrotes es imposible sobrevivir a Wal-Mart sin su afiatada cadena logística::
Three Super Kmarts Closing; Rest to Follow?: "Three Super Kmarts Closing; Rest to Follow?

JULY 07, 2005 -- TROY, Mich. -- Kmart, based here, said it will shutter three Super Kmart stores in the Memphis, Tenn. area, but industry observers say it could only be a matter of time before the discount chain, which completed a merger with Sears in March, does away with its ailing food-retailing business altogether.

'No surprises here,' Richard D. Hastings, v.p. - senior retail sector analyst at Bernard Sands, LLC in New York, told Progressive Grocer. 'Many of the larger-format Kmarts are being converted into Sears Essentials, and the remaining Kmart stores are focused primarily on gross margin, and that means apparel, not food. I would not be surprised to see the eventual discontinuation of all Super Kmarts in future.' Hoffman Estates, Ill.-based Sears has said it plans to convert 400 Kmart stores into Sears stores...

...'When it comes to food retailing, replenishment, transportation, promotional events, and pricing are deeply integrated issues,' noted Hastings. 'If there is a weakness in one phase of this chain, then the rest will likely underperform. In the case of Wal-Mart, there was and remains a perfect synchronization of these functions, something that Kmart never achieved. For this reason, Kmart's historical ventures into supercenters and supermarkets were never competitively favored, especially against the greatest distribution and logistics company in the world, Wal-Mart"
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