With Kmart Austrailia not very far from Guam and Guam being the top store in the Transformco company, when all the stores liquidate, could Kmart Austrailia possibly buy the Guam store and model it like all of theirs?
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Wesfarmers will want Global IP rights to the KMart name, and Wesfarmers is already showing a willingness to operate in the USA with their Anko stores in the Seattle Metro area. I can totally see Wesfarmers buying the Guam Store and the Global IP Rights to the KMart name, just so Wesfarmers has ownership of it and nobody else.
I suspect then, Guam would remain as a KMart store, but in the Lower 48 you’ll see Wesfarmers expand Anko stores quickly though soon-to-vacated retail space from chains that will fail or go bankrupt. I’m pretty sure one of the Anko stores in the Seattle area is inside an old Babies R Us.
Why would Wesfarmers (parent of Kmart Australia) buy Kmart Guam? Oz is nearly 2,800 miles away from Guam and there are absolutely zero synergies besides a common brand name. If a non-US retailer gets it it will be a Japanese firm (Japan is much closer than Australia from Guam.)
I heard Carlos Slim might buy it.
Don't know why Eddie would ever sell the Kmart in Guam. It's a successful tourist destination in and of itself with no real competition. Although Eddie's managed to screw everything else successful up, so he can probably screw that up too. Even if he sold everything else in his declining empire and owned nothing but the Guam store, he could live pretty comfortably.
The Guam store is in excellent shape, I mean its not incredibly hard to find social media pics showing it. I mean most 90s build stores were not bad anyway. Someone would buy it.
I guess then it would depend on if the store building was well maintained and with no major maintenance headaches. I don't think the U.S. Kmarts were very well maintained and often neglected. Not really sure how much money Transformco / Sears Holding has invested in maintaining the upkeep of the Guam store to this point.
Why would the building need to be demolished? Hang a new sign out front, done.
This is how I believe it can happen. Transformco decides to close the Guam Kmart. Everything liquidates and the entire property is vacated.
Once that happens, Westfarmers buys the property and tears the entire building down and reconstructs it and then builds a new building and becomes a Kmart Australia store.
Westfarmers would have to be in a situation, where they own the property assets and that way Transformco could not have any legal claim to it.
They may buy guano
When did Transformco announce all stores are going to liquidate?
There’s a liquidation plan?