KMART CORPORATION

KMART CORPORATION FACTS- Kmart was formed in the late 1950's to challenge new forms of discount stores. They are a descendant of an organization Sebastian S. Kresge. The average Kmart store is around 100,000 square feet. In 1987 Kmart was the largest discount retailer in the United States. They currently have 2,223 stores and last year they had over $25 billion in sales which is nearly double that of Wal-Mart. In 1991 they opened their Kmart superstores. The superstore is …

…If it is at all possible try to lower their prices so that they provide more competition for Wal-Mart. RECCOMENDATIONS- Kmart needs to develop a way to get their products for a lower price. As already said they should come up with an idea similar to Wal-Mart's regional distribution centers. They also need to develop physical distribution management. I think if they use the idea of regional centers it will greatly increase their product flow.