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The Blue Light Is Flickering
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Kmart is telling employees about new programs for revamping stores, but all the employees hear is verbiage that leads them to believe that they're being prepped for a shutdown. What the company says are phases of a "P2P" plan -- "path to profitability" -- seems more like liquidation to the staff, which sees layoffs and hour reductions being part of the phases. The main tell-tale sign is that they're purging the stock rooms, with all merchandise being moved from the stock rooms to the sales floor; that's usually what a store does when they're less than a year from total shutdown. If you were working there and saw this going on, would you stay aboard or be looking frantically for another job? (Business Insider)
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