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Kmart

5 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Jul 19, 2022 by David Rosenthal · said 64 times in 4 episodes since 2022 · across every show →

Mentions by year

brought up most by David Rosenthal (52), Ben Gilbert (11)

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2023 11 mentions in 1 episode
2022 53 mentions in 3 episodes 18 per episode

every mention, scene by scene, with the transcript →

Everything said about Kmart, oldest first

Jul 19, 2022 neutral
Assertion Supported
Kmart historically acquired Sports Authority, OfficeMax, Waldenbooks, and Borders
“So Kmart between the mid eighties and the early nineties acquired sports authority, office max builder square Walden books and borders.”
David Rosenthal Jul 19, 2022 ▶ 1:53:11 Walmart · Acquired
Jul 19, 2022 neutral
Assertion Supported
Gilbert: Kmart operated at a much larger scale than Walmart for a long time
“I didn't realize that Kmart for a very long time was much, much larger than Walmart. They were kind of Walmart's big brother incumbent.”
Ben Gilbert Jul 19, 2022 ▶ 39:18 Walmart · Acquired
Jul 19, 2022
Assertion Supported
In 1967, Kmart generated $800 million compared to Walmart's $10 million
“By like 1967 ish Kmart has 250 stores all across the country doing eight hundred million dollars in sales. And the new Walmart concept, Walmart revenue was still only around ten million dollars at that point in time”
David Rosenthal Jul 19, 2022 ▶ 1:30:34 Walmart · Acquired
Jul 19, 2022 bearish
Opinion
Walmart, not Amazon, was the primary cause of Sears and Kmart's collapse
“And I thought like, oh, well, duh, Amazon killed them all. No, Walmart killed them. There's no way that Kmart or God forbid Sears at that point could compete against Walmart.”
David Rosenthal Jul 19, 2022 ▶ 1:54:27 Walmart · Acquired
Aug 21, 2023
Assertion Supported
Walmart and Kmart carried around 50,000 SKUs during Price Club's launch
“So at the time, Walmarts and Kmarts had on the order of about 50,000 SKUs and even FedMart had Probably close to that many at the time.”
David Rosenthal Aug 21, 2023 ▶ 49:14 Costco (Audio) · Acquired
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