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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

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“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.”

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