Bad Bobby

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BOSS

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Oct 31, 2002
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TROY, Michigan, June 24, 2004 -- Kmart Holding Corporation (NASDAQ:KMRT)
announced today the appointment of Robert Norton as Senior Vice President,
Stores, Dene Rogers as Senior Vice President, Store Operations, and David
Whipple as Senior Vice President, Associate Resources.
Julian Day, Kmart’s Chief Executive Officer said, "I have asked these three
talented executives to focus their considerable abilities on improving the
customer service in our stores. The goal is to deliver a better store
experience for our customers while continuing to enhance the profitability
of our operations."
Robert Norton, SVP, Stores, will have overall responsibility for Kmart's
stores, including the field and headquarters’ store support organizations.
Prior to joining Kmart, Norton served as the Chairman and CEO of FTD Inc.
Norton joined FTD as President and CEO in January 1997. Under his strong and owner-oriented leadership, the company more than doubled its profitability and sales. Before leading FTD, Norton held senior positions at Jo-Ann Stores, Inc. and The Sherwin-Williams Company.

Dene Rogers, SVP, Store Operations, will have responsibility for the store support organization at headquarters and will drive multi-functional operational improvement initiatives across the store base. Rogers, who will report to Norton, has worked in a variety of capacities at Kmart since
joining in October 2003. Before joining Kmart, Rogers was SVP, Business
Development at General Electric Capital Corporation, and SVP, Planning, New
Products and Development at Starwood Hotels & Resorts Worldwide, Inc.
David Whipple, SVP, Associate Resources, is now the senior human resource
executive at the Company, whose immediate focus is developing Kmart’s store
associate population. Whipple joins Kmart after nine years at two U.S.
subsidiaries of Netherlands-based Ahold, the world’s third-largest food
retailer. He served in several executive human resource positions at U.S.

Foodservice and at Tops Markets, Inc.
Julian Day stated, "We will continue to improve our customer experience and
attract, retain, and develop the best associates and store managers in mass
market retail. Together, these executives bring a wealth of retail
experience, and more importantly, a winning culture and attitude to our
Company. With these additions to our leadership team, we expect to
accelerate our rate of improvement and elevate our achievement goals"

THIS should make things interesting
 
I bet you we see flowers and lots of it at KMART real soon....
Luc
 
steve said:
Some how I can not picture Bob and Martha in the same room someone will short circut for sure :hammer:
And I doubt it'll be Bob...

If I was Wal-Mart, Cost-co or any of those types, I'd be worried, and if they are not, they should be...
 
Excuse me for asking , but isn't K-Mart on life support? It got so bad up here that they sold off their entire operation to Zellers. If it is as bad down there , is the consenus that Bob is capable of salvaging it?
 
Isn't K-Mart the store where you must have food on your butt before you can shop there?
 
sunny said:
Excuse me for asking , but isn't K-Mart on life support?
Yup... who better to fix it?

Bob always did love a challenge...

Should ppove to be very interesting to watch... me, I bought Kmart stock, today!
 
Not me ...

Seems somehow ironic, since the FTD brand under Bob's rule went from meaning quality and respectibility to being on par with K-Mart quality. Might as well slap the Golden Man all over K-Mart :)
 
BOSS said:
me, I bought Kmart stock, today!

LOLOLOLOLOLOLOLOL! now this tread should be in the joke section.

Once Walmart stores get all of their "Sam's Gas Stations" on site, where else will the consumer of Discounted Prices get their goodies? K-mart has failed in the WOW factor of WareHouse Pricing and Wallyworks never needed an outside Brand Spokesperson..Hummm?

Bob N still has lot's of money regardless of what he is doing today. Amazing is all I can say. :boggles:
 
Couple points...

Good catch Shel, it was a joke...

On another note:

Costco is kicking Sam's butt, in every market, with 100 less locations than Sam's, Costco is averaging $100.00 per sale, while Sam's is struggling to average $60.00.
 
This is just priceless,, the put Norton in to improve customer service? what a hoot.. that's like putting the fox in the hen house to protect the hens...
But then again, K-mart is on such a rapid down hill slide that maybe they just wanted to hurry things along.... :tread:

Jim
 
Just wondering on the terms of his contract, is he working with a minimum wage package ,performance bonuses and stock , or more likely , his money upfront, and kiss my arse if I can't increase business. Probably just as well that K-mart has already left north of the 49th.
 
Big Bob Is A Perfect Fit For Kmart

Big Bob is a perfect fit for Kmart. He and Martha will go good together. Martha cooks food, Big Bob cooks books.

Also, his position is customer service. Look how good he was at FTD. He chased out 10,000 florists, with his mantra "Pick a Team". I can see the same type of attitude at Kmart. Only the general will not put up with his crap like florists did. Florists like to put spin on what he did at FTD.

When you sit back and think about his accomplishments, you can see that he did nothing for his florists. He created profits for FTD by cutting everything and raising costs for his customers...the florists... and then when they all started to leave, he changed his tune and gave a little back. If you are honest with yourself you can see that the FTD of 2004 has little value to the florists and big value to its owners. The general public will not put up with that.
 
Actually Sfox, your right. Bobby probably is a good fit for Kmart. After all they both have that sort of a cheap bargain basement sleaze quality about them. :rolleyes:
 
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