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radio shack stx

(@speee1dy)
Posts: 8867
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Topic starter
 

i was not being mean sarcastic, but funny sarcastic

 
Posted : April 15, 2017 12:39 pm
sttanon
(@sttanon)
Posts: 349
Reputable Member
 

Kmart will be the next to go.

I once heard that the Kmarts in the USVI are the most profitable ones. I believe if they do close someone will come in to fill that market.

VI Kmarts are second only to Guam for profitability in the entire chain.......

Ive heard for years that WalMart has scoped out the VI, cant see that they wouldnt swoop in if KMart goes bye bye......

 
Posted : April 15, 2017 7:13 pm
rotorhead
(@rotorhead)
Posts: 2473
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Sorry to hear about Radio Shack. They were my first employer. I started working for Radio Shack at 16 and worked for them through my freshman year in college.

 
Posted : April 15, 2017 9:16 pm
(@vicanuck)
Posts: 2935
Famed Member
 

Here's a article posted today in the Financial Post on the impending collapse of Sears and with it, Kmart:

http://business.financialpost.com/news/retail-marketing/the-long-hard-unprecedented-fall-of-sears-one-of-the-most-monumental-collapses-in-business-history

 
Posted : May 8, 2017 2:25 pm
(@vicanuck)
Posts: 2935
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I was at the Kmart last night to purchase a few things.

When I couldn't find what I was looking for, I asked a customer service person. She said, "the only inventory coming in to the VI now is from stores on the mainland that have been closed. After that runs out, nobody knows?"

The end must be near.

 
Posted : May 31, 2017 3:15 pm
(@singlefin)
Posts: 1016
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That's not good.
Hopefully Walmart or another big retailer picks up the pieces quickly.

 
Posted : May 31, 2017 3:59 pm
(@vicanuck)
Posts: 2935
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I was at a Wal-Mart in Puerto Rico last weekend.

Such a refreshing retail experience.

 
Posted : May 31, 2017 4:04 pm
(@Scubadoo)
Posts: 2434
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I was told recently by our chamber of commerce that it's likely one of our STX Kmarts will close while the other remains open (didn't know which). For how long who knows.

 
Posted : June 1, 2017 12:36 am
(@singlefin)
Posts: 1016
Noble Member
 

"Puerto Rico has the highest concentration of both chains (Walmart & Walgreens) per square mile in all of the US and its territories. In the case of Walmart, Puerto Rico ranks first worldwide."

I never knew Walmart had that kind of presents in Puerto Rico. You would think, with so much Walmart cargo in the area, spreading to the VI would be fairly easy.

 
Posted : June 1, 2017 1:22 am
(@vicanuck)
Posts: 2935
Famed Member
 

I was told recently by our chamber of commerce that it's likely one of our STX Kmarts will close while the other remains open (didn't know which). For how long who knows.

Most likely until all the inventory is depleted from mainland Kmart and Sears stores.

 
Posted : June 1, 2017 10:46 am
(@vicanuck)
Posts: 2935
Famed Member
 

"Puerto Rico has the highest concentration of both chains (Walmart & Walgreens) per square mile in all of the US and its territories. In the case of Walmart, Puerto Rico ranks first worldwide."

I never knew Walmart had that kind of presents in Puerto Rico. You would think, with so much Walmart cargo in the area, spreading to the VI would be fairly easy.

Its only a matter of time now. Walmart is likely just waiting for Kmart to vacate one of the spaces.

 
Posted : June 1, 2017 10:49 am
(@speee1dy)
Posts: 8867
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Topic starter
 

i hope the big k out west stays

 
Posted : June 1, 2017 12:30 pm
(@Scubadoo)
Posts: 2434
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Looks like we have not made it to the chopping block yet.

The latest list

 
Posted : June 7, 2017 11:35 am
(@vicanuck)
Posts: 2935
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Yet. Its an orderly wind down.

 
Posted : June 7, 2017 12:14 pm
(@rosesisland)
Posts: 703
Honorable Member
 

After looking over that list of K-Mart closings, I was shocked to see Arkansas had a K-Mart there still open.
I'd be thrilled if WalMart opened in the K-Mart west location. At least then when I take trips back to Arkansas I won't have to spend my time at WalMart as I usually do.

 
Posted : June 8, 2017 8:35 am
(@islandjoan)
Posts: 1798
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Has there been any solid evidence that Walmart is planning to open on STX??

 
Posted : June 8, 2017 10:08 am
(@Scubadoo)
Posts: 2434
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Nothing public on Walmart that I'm aware of. Our chamber of commerce didn't have anything on it to share.

 
Posted : June 8, 2017 10:57 am
(@vicanuck)
Posts: 2935
Famed Member
 

Has there been any solid evidence that Walmart is planning to open on STX??

No. But since Walmart already has a huge distribution network set up 50 miles away in Puerto Rico, it would make total sense to fill the void that will be left when Kmart eventually closes. Its just speculation, but, someone will definitely move in when Kmart moves out.

 
Posted : June 8, 2017 10:57 am
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