Population Statistic: Read. React. Repeat.
Monday, September 06, 2021

Observed earlier while driving through St. Petersburg’s post-Tropical Storm Frances landscape on this Labor Day:

- The local K-Mart was closed.

- The nearby Target was open. Need I mention that its parking lot was jam-packed?

If ever there was a snapshot of the different directions that these big-box retailers are heading, this is it. Anyone thinking of sinking some money into K-Mart in light of their recent reorganization and renewed marketing efforts might as well forget it; it doesn’t look like its management has gotten any smarter.

The equation is pretty simple: Rotten weather + forced home confinement + aborted holiday weekend = Anxious consumers chomping at the bit to spend some money. Target understands this, K-Mart apparently doesn’t.

- Costa Tsiokos, Mon 09/06/2021 07:45:48 PM
Category: Business | Permalink |


Trackback this entry: Right-click and save

2 Feedbacks
  1. Hurricane Aftermath - St. Petersburg
    Costa Tsiokos, at Population Statistic, blogs on one reason why Target is everything K-Mart is not, although the hurricane just confirmed what most people already knew.

    Trackback by South of the Suwannee — 09/07/2021 @ 08:51:57 PM

  2. […] Tuesday, September 07, 2021 CONSUMERISM AND THE SOCIAL IMPULSE Yesterday, I mentioned how my neighborhood Target benefitted fro […]

    Pingback by Population Statistic — 09/08/2021 @ 02:44:37 AM

RSS feed for feedback on this post.

Leave a comment

Comment form closes after 21 days to reduce comment-spam opportunities. Sorry about the inconvenience. Please feel free to respond to this post via Trackback and/or Pingback!