K-mart letter

This letter is probably plastered all over the Internet and been in circulation for a couple of years now... but, a colleague sent it to me recently; as it had not crossed my path until now, I figured I'd put it in the one place where I can get to it easily and point my friends to it without forwarding it as an email attachment all over the globe :)

Part of me thinks it is all made-up just for fun, because surely, it can't be true, right?!

Sorry, it is an image, so click on it to view full size... unless you have super duper vision...