Kmart Buys Closeouts From Liquidating Companies To Offer More Tempting Deals

Kmart Buys Closeouts From Liquidating Companies To Offer More Tempting Deals

Maybe they got the idea from their own store closing sales. Kmart announced today that it is seeking out a new type of merchandise in hope of finding more fabulous deals. It wants to compete with retailers like Big Lots and Ollie’s by purchasing dirt-cheap merchandise from liquidating companies. The chain’s president, Alasdair James, says that the retailer wants to offer its customers “truly brag-worthy” and “extreme-value deals.” [More]

Will

Stock Analyst: Sears Is No Longer ‘Viable As A Retailer’

You might not realize it when looking at our coverage, but we aren’t cheering for Kmart and Sears, the stores of Sears Holdings, to go out of business. The company’s continued survival is impressive, and sort of a surprise, but one stock analyst thinks that the company won’t survive without doing something drastic. [More]

(JeepersMedia)

Sears Holdings To Accelerate, Expand Planned Store Closings

The only bit of good news in the most recent financial report from Sears Holdings, parent company of Sears and Kmart, is that the sibling stores had better sales during the holiday season than last year, and not just because they kicked off Christmas in mid-September. Unfortunately, the news isn’t very good other than that: the company is still losing money in its retail business, and plans to speed up its planned store closings. [More]

Fake store, real Kmart.

The Pilot Of NBC’s ‘Superstore’ Was Filmed Inside A Real Kmart

What happens when a TV production team wants to make a show set in a big-box discount store, but can’t build an entire store set because they’re only filming a pilot episode? To film “Superstore,” a new (and funny) show on NBC, they lightly remodeled a Kmart store in Burbank, California, and used it as their set… while the store remained open. [More]

(frankieleon)

It might seem like stuffing merchandise under your clothing and then passing out in a store is a solid method for shoplifting without being noticed, but this is not true. When a woman who passed out twice in a Utah Kmart store was taken to the hospital, medical personnel noticed that she had Kmart merchandise hidden under her clothes. [AP]

Nicholas Eckhart

If Kmart And Sears Stores Close Without A National Press Release, Does Anyone Notice?

Last week, department store chain Macy’s announced its holiday season results and its plans to close 40 stores in the coming months. Shoe retailer Finish Line announced plans to close 150 stores by the year 2020. Yet what you never hear about in the national news anymore is how many stores Sears Holdings, corporate parent of Sears and Kmart, is planning to close, even as they continue to shut down underperforming stores. [More]

Kmart Coupon Excludes Almost Everything Kmart Sells

Kmart Coupon Excludes Almost Everything Kmart Sells

Coupon exclusions are a delicate balance. When you exclude too few things, customers take advantage of the loopholes, like when Best Buy e-mailed a $50 off $100 purchase gift card and forgot to exclude gift cards. If you exclude too many things, customers will probably not bother to use the coupon at all, since they can’t tell what they can use it for. [More]

Kmart Loses Two Customers’ Layaway Orders, Shrugs

Kmart Loses Two Customers’ Layaway Orders, Shrugs

You might remember Kmart’s layaway fiasco of last year, when the company canceled layaway contracts out from under customers the week before Christmas, giving an outrageously long timeline for when those customers could expect refunds. A repeat of that disaster would be disastrous for Kmart’s layaway business, but it looks like something similar only happened on a micro-scale this year, affecting a few customers in North Carolina. [More]

Which Stores Will Have The Best Black Friday Deals?

Which Stores Will Have The Best Black Friday Deals?

How do you quantify what the “best” deals are, on Black Friday or any other day of the year? The most important factor should be whether the retailer sells stuff that you actually want, of course, and the value that those items provide for the money. Yet the sport of deal-hunting is all about the discounts, and WalletHub decided to compile raw percentages to figure out the best places to shop after Thanksgiving this year. [More]

Attention, Kmart Shoppers: The Bluelight Special Is Back

Attention, Kmart Shoppers: The Bluelight Special Is Back

Sirens are sounding and the blue light is flashing once again at Kmart, as the struggling retailer tries to lure shoppers through its doors and revive its sales: after retiring “Bluelight Specials” in the early ’90s, the chain will once again blast sirens and turn on the blue light to alert shoppers to surprise, 15-minute long deals in its 942 stores.

[More]

Kmart Employee Saved Monthly Elevator Music Tapes From Trash To Torture Us All 26 Years Later

Kmart Employee Saved Monthly Elevator Music Tapes From Trash To Torture Us All 26 Years Later

It’s October 1989. Your family is spending a pleasant Saturday afternoon at Kmart, browsing for some late back-to-school clothes, or maybe some Halloween costumes. The shelves are full of clearance lunch boxes and plastic pumpkins, and you hear soft instrumental adult-contemporary music interspersed with Kmart promos over the store speakers. That music’s all piped in, though, isn’t it? No recordings of it could possibly exist. [More]

Kmart Expands Layaway Program, Hopes You’ll Trust Them This Year

Kmart Expands Layaway Program, Hopes You’ll Trust Them This Year

Layaway is a very simple transaction: you pick out an item, a store puts it aside, and you make payments on it until you’ve paid it off and you can bring it home. It was a dying retail tradition when tightening credit markets and a massive recession led stores, notably discount retailers Kmart and Walmart, to bring it back. This year, Kmart wants customers who may no longer have a local store to use layaway plans to buy holiday gifts. [More]

(Curtis Perry)

Kmart Pays $1.4 Million To Settle Accusations Of Illegal Coupon Acceptance, Prescription Incentives

In most of the country, pharmacies can offer rewards points, coupons, or other inducements to get you to switch prescriptions to them. Not only is this illegal in certain states, it’s also illegal to offer these incentives to customers with health insurance through Medicaid. Kmart has settled allegations from a whistleblower that it did exactly that for customers with Medicaid, and accepted co-pay coupons for brand-name drugs for them. [More]

Raiders Of The Lost Walmart Find Ancient And Mysterious My Little Ponies

Raiders Of The Lost Walmart Find Ancient And Mysterious My Little Ponies

Within the elite squad of retail archaeologists known as the Raiders of the Lost Walmart, some Raiders have subspecialties. Their deep subject knowledge gives us a better understanding of the antiquities that they find buried in the nation’s big-box stores. One of these specialists is Professor Jeffrey, subject expert on My Little Pony. [More]

Sears Holdings Reports First Profit Since 2012, Not From Actual Retailing

Sears Holdings Reports First Profit Since 2012, Not From Actual Retailing

We’ve had a longtime joke here at Consumerist that Sears Holdings isn’t actually a retail company, but an advanced anti-capitalist prank pretending to run a retail company. We expected the company to either turn things around or go out of business. What’s happening instead is something that some retail observers had predicted: the company is profitable for the first time in years, but only because it sold a few hundred million dollars’ worth of stores. [More]

Sears Holdings Comparable-Store Sales Down More Than 10% In Last 3 Months

Sears Holdings Comparable-Store Sales Down More Than 10% In Last 3 Months

In all of our reporting on the recent woes of Sears Holdings, the real message is that we want Sears to stage a comeback and return to the retail greatness of decades past. Yet things don’t look very promising over at Sears HQ, and today the department store chain announced that its sales across comparable stores have fallen more than 10% in the last quarter. [More]

Walmart, Sears, Amazon & Other Retailers Agree Not To Sell Realistic-Looking Toy Guns In NY

Walmart, Sears, Amazon & Other Retailers Agree Not To Sell Realistic-Looking Toy Guns In NY

Almost eight months after New York Attorney General Eric Schneiderman sent cease-and-desist letters to several retailers including Amazon, Walmart, Sears and Kmart, those companies have agreed not to sell realistic-looking guns in the state.

[More]

Sears Leadership Still Convinced That Rewards Program Will Save The Company

Sears Leadership Still Convinced That Rewards Program Will Save The Company

Shop Your Way Rewards is not a difficult program to join. The process consists of giving your e-mail address to a cashier at Sears or Kmart, and…that’s pretty much it. It doesn’t cost anything. Yet the leadership of Sears Holdings Corporation remains fixed on the program and the idea of having “members” rather than customers, and we still can’t figure out why. [More]