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Kmart Closing 283 Stores

Monday, March 11th 2002
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The map shows the locations of Kmart’s that the company announced were closing. This represents approximately 13% of their portfolio. The entire list can be found on the Kmart website.

FIGURE 1
Red "K's" represent KMarts

Click here for a larger image.

Was Wal-mart to blame? As a simple, unscientific test, we looked at the Atlanta region and plotted the Wal-marts in a 50 mile radius of the downtown area vs. Kmart’s. Of the 10 Kmart’s that are closing, only 3 are within a 10-minute drive time of the nearest Kmart (Drive times represented by "blue" irregular polygons in figure 2). Does geography matter? Of course, but so many factors have contributed to Kmart's failures: price, merchandising, distribution. Convenience, represented by location, is significant and it will be interesting to see if Wal-mart's trade areas vastly expand was Kmart's closures begin to occur.

FIGURE 2
Red "K's" represent KMarts; "happy faces" represent Wal-marts.

Click here for a larger image.

The map was created using Microsoft MapPoint.


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