Kmart’s Retail Experiment Is Freaking Out Employees

Eddie Lampert’s latest retail experiment has Kmart employees freaking out. The hedge fund billionaire-cum-Sears Holdings chief executive has started moving Kmart stockroom merchandise onto the sales floor. The move, according to the company, is aimed at freeing up employees to assist shoppers — making sure customers “[do] not wait in line at the checkout.” But the cost-cutting maneuver had at least one immediate, unforeseen side effect: Employees thought the chain was going out of business. Read more at New York Post.