The Mason Minute
A Longtime Coming (MM #4961)
Long before Walmart was the biggest of the big box stores, Kmart was the king. But even if your fond memories include waiting for another blue light special, it started disappearing from most towns nearly a decade ago. The last Kmart in the Nashville area closed its doors six years ago. And this week, news broke that the final Kmart store in the US is closing. The chain’s demise was a longtime coming. And I’m sure business students will study the story of its failure for years to come. The mistakes they made are epic. And those mistakes took other once-popular retail stores with them…
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