7 retailers that are shrinking fast

these companies are slowly going out of business due to our lousy economy, better ways to shop(online,  downloads, my habit an amazon company), and the fact a very good number of people want to buy in the privacy of their own homes. the only things i buy in store are beer, food, etc.

People all over the country did not forget the corrupt business practices of Blockbuster; a minute late or an employee failed to empty the bin and you were billed $4.50 late fee automatically.  When will greedy corrupt American corporations learn that sound and fair business practices work well every time when mixed with quality personal customer service.  Customers will always want to come back - the magic of residual revenue. 

I agree completely with mistylite.  So many of us are working at low-paying, non-benefit jobs.  Management is inept.  People are being treated like little more than galley slaves, all in the name of the almightly corporate profit.  It's a sad state of affairs when decent folks with a strong work ethic are relegated to minimum wage drudgery.  Yet the corporate higher-ups, who are not marketing their companies successfully (probably too stupid to know how!), make millions a year.

What has happened to our country????

I avoid Kmart as much as possible. It's the Radio Shack of the 80's - I have to play 20 questions to pay $2.99 for a stick of deodorant.

Do you have a rewards card, what is your phone number, would you like to sign up for rewards plus, would you recommend shopping here survey (NO), do you want the warranty... then wait for a 3 ft register tape in 4 pieces to print...

Sears (and Roebuck) used to be a major player, I have all Craftsman tools and always shopped there - since the early 80's. They switched my sears card to a Gold card then to Citi Bank-at 24.99%. I got a separate offer from Citi for ZERO % for 12 months and then 12.99% thereafter, A call to sears customer service (thats what they called it) ended in them losing a 30+ year customer !  Too bad when they DO go under that the big whigs still walk away with a bonus- Thats whats wrong with America!!

Most  CEO's of every company are drastically overpaid. They don't understand who is the back-bone of their respective companies. I use the U.S. Post Office as a prime example.

Eddie Lampert did not invest in Sears because he thought Sears was a great merchandiser. In the mid 2000's the real estate value of Sears locations was the driving force for the investment. The whole concept from the get go has been to extract value from the company through real estate divesture.

Selling Craftsman tools and Kenmore appliances was simply a means to an end while this real estate unbundling process was allowed to move forward. Sears employees were to be just pawns on the corporate chessboard until the real estate and brands were sold off which at that point...poof... they would be fired!.

Then the real estate Commercial Market crash came in 2008 which drove a nail in that money-making strategy forcing Sears to reconsider staying in business for a few more years to buy time until the commercial real estate market recovers. They don't invest in stores because that is considered throwing real value down the toilet. That is why the Sears experience of 1985 is the same as it is today-- a trip down memory lane providing an outdated and dull shopping experience.