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Who doesn’t remember Kmart? At its height, Kmart was the second-largest retailer in the United States, operating 2,400 stores with 350,000 employees.
The company was generating around $37 billion a year in sales, ranking 2nd to Sears. But by 1990, it would see a tectonic shift, with its fortunes beginning to change.
Find out how a series of missteps and poor management would bring down an American staple that had ruled retail for over 100 years.
Find out how it went down on Episode 47 of The Great Fail. Stream the new episode below, listen and subscribe on Apple Podcasts or find it on Spotify.
