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About Case Study - Kmart-Walmart
Kmart filed for Chapter 11 bankruptcy in January 2002 after years of declining sales as competitors like Walmart and Target gained market share through more effective supply chain management and lower prices. Kmart failed to modernize its IT systems and supply chain to the same degree as competitors, resulting in stockouts, excess inventory, and higher costs. Attempts to turn the company around through new leadership and IT investments were unable to overcome systemic supply chain issues and changing consumer preferences in time to prevent bankruptcy.
Detailed Information
Author: | ['Dennison Cardoza'] |
---|---|
Publication Year: | 2022 |
Pages: | 6 |
Language: | English |
Format: | |
Price: | FREE |
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