After its stock fell by thirty-eight percent in 2001, CEO Chuck Conway's strategy of competing on price came under fire.
After its stock fell by thirty-eight percent in 2001, CEO Chuck Conway's strategy of competing on price came under fire. This Troy-based company's history stretches back to a five-and-dime opened by Sebastian Kresge in 1899, but it is now closing many stores instead of opening them. For 10 points—name this discount retailer which is bleeding customers to Target and Wal-Mart despite the return of the Blue Light Special.
After its stock fell by thirty-eight percent in 2001, CEO Chuck Conway's strategy of competing on price came under fire.
{K-Mart} Corporation