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Watto's Junk Yard / Re: K-mart still in trouble - closing MORE stores...
« on: December 29, 2005, 11:05 AM »
K-Mart is the perfect example of what is wrong with corporate America. It's a company in trouble because they can't compete, so in stead of competing and taking a little bit of a proffit loss to rebuild, they basically try to put perfume on a pig and hope to get people into the store. Sadly, they're between a rock an hard place because money talks. People won't go into the store because they charge too much money, and if the charge people less money, investors on Wall Street won't invest in them because they're not maximizing proffit.