1967
By about 1967, Kmart had 250 stores and $800 million in sales, while Walmart's revenue was around $10 million.
“Kmart has 250 stores all across the country doing $800 million in sales”
Topic
Kmart
5 facts from 2 episodes, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
1980s
Between the mid-1980s and early 1990s, Kmart acquired Sports Authority, OfficeMax, Builder Square, Walden Books and Borders.
“Kmart, between the mid 80s and the early 90s, acquired Sports Authority, Office Max, Builder Square, Walden Books, and Borders.”
2002
Kmart filed for bankruptcy in January 2002 and merged with Sears in 2004.
“They ultimately file for bankruptcy in January of 2002. And then in 2004, Kmart and Sears merge.”
Undated
Choudary says Walmart paired barcodes with a satellite system, supplier management systems and EDI, unlike Kmart.
“But Walmart combined the technology of the barcode with complements. It had invested in a satellite system.”
Undated
Choudary says Kmart adopted barcodes only to speed checkout.
“Kmart adopted only the technology of the barcode and hence, uh, improved the checkout speed at the register.”
Episodes