How will Lawrence be affected by the closing of its only Kmart store?
Asked at the New York School chili feed on January 15, 2003
“It’s a good store. I go there a lot. We’re going to lose a good discount store.”
“I guess I’ll have to go to the Kmart in Topeka if I go to Kmart now.”
“I think that the area where that Kmart store is now will quickly fill with a new operator and hire new employees. Closing that store is much less important than if they’d closed the distribution center.”
“Honestly, very little. I expect that that retail space will be filled pretty quickly by another retailer.”