"FMF" at Free Money Finance worked one summer years ago as a management intern at Kmart, so he has an insider's perspective on the chain's decline. In his new series of store reviews, he gives his former employer an "F."
When he worked there, "Kmart was the king of mass merchants, but my particular store was panicked because a new competitor was headed into their region, some company by the name of Wal-Mart," he says. "... they were bracing for an invasion that they expected to be about as terrible as the Huns coming to ransack their city."
The ransacking apparently has taken its toll. By the way, FMF gave Wal-Mart a "B+" rating.
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