Man donates Kmart inventory to charity
United Press International (article excerpt) - May 18, 2012
A Kentucky businessman who purchased a closing Kmart store's entire inventory and donated it to charity said he hopes the deed inspires others to do good.
Rankin Paynter, the owner of a Winchester firm that buys up surplus goods, said he decided to purchase the closing store's entire inventory -- valued at about $200,000 -- upon learning the store would allow it on the last day of business and he soon decided to donate all of the merchandise to Clark County Community Services, a charity serving low and middle income families in the area, ABC News reported Friday.
"It makes me feel good [to give to charity]," Paynter said. "I come from real poor background. I'm talking really poor."
Paynter said he hopes the attention his donation is receiving will inspire others to give to charity.
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