Absolutely correct. At a time when Wal-Mart, Family Dollar, and the like are succeeding, is no time for a major retailer to turn itself into a boutique. In 2001, Family Dollar joined the S&P 500 stock market index. In 2002, the company joined the Fortune 500 list of largest publicly held companies. Sears could reflag the K-Marts as Sears stores and could use the K-Mart name to compete in small towns with the Family Dollars.
K-Mart needs to shut down completely. Family Dollar and Dollar General are making great strides in small towns but they’re shooting themselves in the foot for going up against each other in the same towns. They are also expanding too quickly. Every small town around here with a population of 3-5K has both. It’s too much of the same thing. If there was a large enough market for K-Mart in a small town, Walmart would be more the more welcomed company by the public.
I agree Sears would do well as a stand alone store as they were decades ago.