View Single Post
Old 01-30-2013, 13:05   #44
Senior Member
dp2002813's Avatar
Join Date: Aug 2011
Location: 2nd star to right
Posts: 431
Originally Posted by Jerry View Post
Sears recently bought the K/Mart name.
GEEK alert!

Sorry, to be a financial geek. Sears attempted to buy Kmart while Kmart was in bankruptcy. When Kmart exited bankruptcy, they bought Sears. The combined company is called Sears Holding, but Kmart is the owner.

The Sears employees are NOT happy either. Kmart is super cheap for the rank and file employee. They recently stripped them of healthcare benefits in exchange for a 2500.00 towards employees buying their own healthcare benefits.... just not enough on a retail salary.

Geek alert is over.
"The problem with Socialism is, eventually, you run out of other peoples' money." - Margaret Thatcher

I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it. - Thomas Jefferson
dp2002813 is offline   Reply With Quote