WalMart isn’t exactly hurting.
K-Mart however is, and deserves to be. It is without question the worst retail store in America. I have never seen such a dirty, disorganized, falling apart store staffed by the most incompetent people on the planet.
Wal-Mart greeters are rocket scientists compared to the people K-Mart employs.
Wal-Mart ownership makes their money on the real estate, not on the profit or loss of the retail op.
Also, they work the suppliers like dogs to reduce their price, and float payables 90-180 days to make extra money on their money.
This is not your typical operation.