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.
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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
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