Back in the early 70's---
I remember Kmart opening what seamed to be hundreds of stores in the metro-Baltimore areas.they carried major appliances and really pushed the old style FRIGIDAIRE trend of being very picky about who was to carry their brand.If I remember correctly, they had FRIGIDAIRE and GE major appliances available.I was working at Bernie and Harry's Appliance which was bought out by George's.I was there two and a half years and wound up going to work at Johns Hopkins Hospital for about 12 years or so.The problems we had trying to match prices with KMart and Luskin's was almost impossible.I'd spin folks on to the Maytag washers and dryers and show the differences among them and the Frigidaires,Whirlpools and GEs.Not that I wouldn't sell the hell out of the Jet Action 1-18's and the RSE line of electric ranges,just that because of their massive by out of products they carried,KM would cut better deals with the manufacturers and were able to sell products like a WCG5 or WCG6,the Crown models with the glass lid for around $329. We couldn't touch that because our dealer cost on them was around $369 and we'd mark it up to around $429. Not a good profit margin. We'd get the Maytag Fabric-Matics for dealer cost of $299 and sell them for $439.Not only a better profit but rarely got any complaints or DOA's like we would on Frigidaire and White Westinghouse products.I remeber selling a Tappan double oven gas range with the upper oven being a microwave. It retailed for $1199 and the buyer ( I only sold one of them in 2 years) was a complete ass who would constantly complain and got 4 units before he decided to cancel due to product defects ( they all had micro scratches on either side not at all visible without using a microscope)I charged him a 20% restocking fee on all 4 units!Anyway,these big box companies are about to get a rude awakening, if they've not already,on the price of overstocking on popular products that seam to have become a fad that is fading away real fast.Today,consumers are doing a lot more research on products and choosing to shop the specialty stores where the sales people are more in tune with the customer's needs and features of the products they sell.That will never happen at KMart,Home Depot or Walmart.Unfortunately,Kmart's purchase of Sears Holdings may have caused an irreversible action that could bring them to a major downfall putting them both out of business.We'll see.I just can't visualize anything happening ,with our economy the way it is now, for the better.Walmart has taken over and now dominates the retail business and nobody seams to want to do anything about it.I'll buy my cleaning supplies and other staples there but,that's it.