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Top Discount Merchandisers Analyzed via the Value Framework (tm).
- Article from:
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VMS3.info
- Article date:
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June 1, 2002
- Author:
- Levy, Mitchell; Losch, Paul A.
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Copyright informationCOPYRIGHT 2002 ECnow.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Excerpted from the June 2002 issue of VMS3.info (http://vms3.info)
SUMMARY
The Discount Merchandising Category as a whole is increasing its total share of retail spending in the United States. Wal-Mart, Kmart, and Target have emerged as the three national market leaders. Each of these companies launched with distinct strategies for targeting customers, merchandising, distribution and logistics, and real estate management.
Kmart was the first major discount merchandiser in the United States, and enjoyed the 'first mover' advantage for several decades. Wal-Mart and Target started in the 1960's, and at this point both have by-passed Kmart on a number of ...
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Technology Edge Helps Wal-Mart Beat Out Kmart.
Detroit Free Press (Detroit, Michigan) (via Knight-Ridder/Tribune Business News);
January 18, 2002 ;
787 words
......for general retailing. Wal-Mart also beat Kmart in early use of electronic...in the early 1990s that Wal-Mart overtook Kmart in revenues, taking in...business in America. But Kmart consistently trailed Wal-Mart in doing so. In 1973, according...
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Kmart Recovering, but Still Remains Well Behind Wal-Mart.
Knight Ridder/Tribune Business News;
May 17, 1999 ;
Bott, Jennifer;
787 words
......mind-boggling how large the gap between Wal-Mart and Kmart has grown in just nine years...That's four times larger than Kmart. Wal-Mart also is making more money...recently visited a traditional Wal-Mart and Super Kmart, which includes groceries...
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Comparison of Kmart Finds Lower, Comparable Prices at Wal-Mart in...
The Times Leader (Wilkes-Barre, Pennsylvania) (via Knight-Ridder/Tribune Business News);
March 25, 2002 ;
737 words
......head-to-head price war with Wal-Mart. That's a war Kmart can't win. In a Times Leader...from the others, he said. Kmart should learn from Wal-Mart and develop an advertising...prices checked at both stores. Kmart Wal-Mart Crest toothpaste 2.29 2.24...
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Kmart's Losses Mean Gains for Wal-Mart.
The Denver Post (Denver, Colorado) (via Knight-Ridder/Tribune Business News);
January 29, 2002 ;
787 words
......closely studied Kmart before opening his first Wal-Mart store in 1962. Forty years later, Kmart has faltered after...With or without Kmart's Chapter 11 filing last Tuesday, Wal-Mart will soon surpass...times the sales of Kmart and Target. As Wal-Mart ...
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Kmart, Wal-Mart Anchor New Fall River, Mass., Mall.
Knight Ridder/Tribune Business News;
May 25, 2001 ;
787 words
......street in an Old West town, Kmart and Wal-Mart will soon be competing face...near the Tiverton line. Wal-Mart's joining Kmart in what is believed to be...significant challenge to Kmart, she said. Usually, Wal-Mart dollars come from Kmart...
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Crisis at Kmart: Not a Good Thing: Pricier than Wal-Mart, dowdier than...
Newsweek;
January 28, 2002 ;
Naughton, Keith;
787 words
......strategy backfired. Wal-Mart, the Everyday Low Price king, undercut Kmart from toothpaste...Kmart's slumped. Kmart waging a price war on Wal-Mart is like Luxembourg...save Christmas. Kmart's December sales fell, while Wal-Mart's and Target's rose...
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Dollars & sense; DISCOUNTER ENCOUNTER; We compare prices and policies on...
Star Tribune (Minneapolis, MN);
March 1, 2001 ;
Ewoldt, John;
787 words
......that it's easy to forget that Wal-Mart and Kmart are here, too. But over the...various departments at Target, Wal-Mart and Kmart. Included were headache remedies...are not stacked as high as at Wal-Mart and Kmart. Target also is quicker at changing...
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Wal-Mart, Kmart Vie for Customers in the Same Fall River, Mass., Mall.
Providence Journal (Providence, Rhode Island) (via Knight-Ridder/Tribune Business News);
June 18, 2002 ;
787 words
......experts suggest that Kmart could benefit if Wal-Mart draws bigger crowds to...they were swinging by Kmart. The first week Wal-Mart opened up, you couldn...discount stores. While Wal-Mart mastered distribution, Kmart tangled for years with...
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Wal-Mart, Target and Kohl's Leave Little Market Share for Kmart.
Knight Ridder/Tribune Business News;
January 27, 2002 ;
787 words
......and Fayetteville. Kmart has 12 stores. Wal-Mart has 88, including...Market groceries. Wal-Mart's business model...ultimately greased Kmart's skid into bankruptcy...works better. As Wal-Mart perfected such systems, Kmart came down with a...
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Wal-Mart Marches Into Kmart's Home Turf of Michigan.(Originated from...
Knight Ridder/Tribune Business News;
February 28, 1997 ;
Brauer, Molly;
460 words
......the rule was that Wal-Mart went to small towns, and Kmart concentrated on urban...markets -- traditionally Kmart territory. Wal-Mart, based in Bentonville...convenience. Indeed, Wal-Mart and discount competitors such as Kmart, Meijer and Target...
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Kmart's Bankruptcy Filing May Benefit Wal-Mart, Target.
Detroit Free Press (Detroit, Michigan) (via Knight-Ridder/Tribune Business News);
January 23, 2002 ;
482 words
......Tom Williams, a Wal-Mart spokesman, said Tuesday hours after Kmart filed for Chapter...interested in positioning Wal-Mart as the retailer of choice. Kmart, Porter said, must...Target is, what Wal-Mart is. We need that for Kmart and we haven't seen...
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End of layaway at Wal-Mart could give boost to Kmart
Charleston Gazette;
December 5, 2006 ;
Chris Serres;
787 words
......year) in 10 years. "Wal-Mart appears to be forgetting...Edwards said. Kmart, the only Big Three...Christmas shopping at Wal-Mart, but have switched to Kmart after the Bentonville...eliminated layaway. Wal-Mart's decision has left...sewing machine at ...
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WAL-MART ADDS THOM MCAN TO 1,500 UNITS; MOVE DEEPENS DISCOUNTER'S...
Footwear News;
February 17, 2003 ;
Bowers, Katherine;
787 words
......recoup its lost Kmart revenues by selling to Wal-Mart. Shanley said he...contribution that the Kmart-licensed footwear...however, that the Wal-Mart agreement has the...gross margin at Kmart. Going forward...observers expect Wal-Mart to fill out its...
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Kmart's aim: steal market share from Wal-Mart.(Wal-Mart Stores Inc.; Kmart...
Daily News Record;
December 13, 1996 ;
Gellers, Stan;
787 words
......operating officer, Kmart U.S. Stores, is itching to get a chunk of Wal-Mart's business. Addressing...are indeed high. Kmart has a 9 percent share...market compared with Wal-Mart's whopping 20 percent...consumers shop a Kmart store once per quarter...same people shop a ...
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Kmart and Wal-Mart: execs make the chains tick. (Commentary).
MMR;
June 17, 2002 ;
787 words
......America these days are Kmart and Wal-Mart, the former for its...Understandably, Kmart chief executive Bernard Fauber and Wal-Mart founder and chief...Walton when discussing Wal-Mart or to praise Bernard...when speaking of Kmart, one of the outstanding...
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