My only memory of visiting Kmart was several years ago when I went with my parents to return an item. Pretty telling.
I visited a Kmart store in New York City on Tuesday to get a better look at the place that I had mostly heard about in the news when it was announcing a location was shuttering.
After reflecting on my trip, it makes sense why Sears Holdings Corp. (SHLD) is closing 265 stores this year (many of which are Kmart stores), why it has failed to turn a profit in 29 of the past 37 quarters and why it has seen same-store sales decline in 11 of the past 12 quarters.
A Sears Holdings spokesman did not return a request for comment. The company's shares were up 3.2% to $9.14 by Monday's close.
Despite the building's historical charm and character, the store in Manhattan was unwelcoming. Although the interactions I had with employees were positive (unlike my colleague's recent trip to Sears), the place was dirty. We definitely longed for the neat aisles of Walmart (WMT) - Get Report and Target (TGT) - Get Report .
Here are 16 photos of my observations.
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Editors' pick: Originally published June 27.