I am surprised this was not posted earlier, but what does Cyburbia think of last week's announcement that Kmart will buy Sears? To me, this seems like the perfect marriage of poor quality with poor merchandising. With the best minds of both companies working in concert, I give the new company four years before the curtain falls.
In the more immediate time frame I expect we will see some changes. Will Sears move out of the mall and into what are now Kmart stores? They have already launched the "Sears Grande" format. What can we expect from Kmart? They appear to be unenthusiastic about combining groceries and general merchandise. Will they trend more toward Seas' model? When Target Corp is shedding its mall stores (Daytons, etc.) why would Kmart move the other direction? The ultimate question: can anything really save these retail dinosaurs, or will we all be dealing with large redevelopment sites in the future?