Wal mart and K marts History
... It is safe to say Wal-mart has been smooth sailing for many years now, however, for K-mart it hasn’t been the same. These two competitors have been neck to neck for a long time until Wal-mart surpassed K-mart after K-mart’s downfall. As my research continued on Wal-mart and K-mart, I came across their financial standings and also more in depth about their past. It didn’t come as a surprise, when K-mart filed for the Chapter 11 bankruptcy. ... As K-mart begins their reconstruction plan, it must face a lot of obstacles in order to come back up strong.