Post #174 by Oscar255414 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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Got to know one of corporate guys from Kmart after he left. His take was that Sears was big stores in the City. Kmart came along and built stores in the first ring suburbs when that was all the suburbs were. Walmart ringed the cities with outskirts stores that later became second and third ring suburbs. Kmart was left with a poor customer pool and had been out foxed. Kmart was also as slow to change as Sears was. I was a vendor to both Kmart and Walmart. It took 6 months to get an appointment at Kmart vs a week or two at Walmart. It's hard to turn battleships.
Dollar General, I don't know, maybe it's Amazon that going to take some of their business. Without growth you die most of the time.

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