Question #88805. Asked by
guilmon3.
Last updated Jun 13 2024.
The company's image was widely lampooned, reaching its nadir in the movie "Rainman," where Tom Cruise famously sneered, 'Kmart sucks!'" Kmart had a big image problem. That might not be too serious in another industry, but it's life or death for a retail firm. When Tom Cruise's character in Rainman brashly stated, "Kmart sucks," I thought it was a seminal moment for the company -- the beginning of the end. That statement may have been a bit harsh, but investors who lost it all on the company's original equity probably share the sentiment.fool.com/news/mft/2003/mft03061604.htm no longer exists
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