Three days ago, I heard a rumor about some nastiness upcoming at Kmart. If it goes down, it’ll be between now and Friday. The rumor is that Kmart plans to fire their full time workforce and bring them all back as part timers. This will completely wipe-out their full time benefits liabilities.

It also means I have one less alternative to wal-mart because I won’t spend money at a place that does that.

This entry was posted on Tuesday, December 27th, 2005 at 11:14 am and is filed under economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.