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Sears may be down to its last 24 hours. Iconic retailer likely liquidates without bid by tomorrow
CNBC ^ | 12-27-2018 | Lauren Hirsch

Posted on 12/27/2018 2:49:09 PM PST by NRx

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To: faithhopecharity

WLS radio in Chicago was named for the World’s Largest Store.


41 posted on 12/27/2018 3:18:18 PM PST by sparklite2 (See more at Sparklite Times)
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To: fwdude
Image result for sears catalog
42 posted on 12/27/2018 3:19:02 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Iran Deal, Nukes: Click ETL)
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To: Blue House Sue

“Sears has been an anachronism for decades.”

Yeh, it was the Amazon of its time. If you map out Amazon process flow vs Sears going back almost 100 years they are almost identical. Methodology is the only difference.


43 posted on 12/27/2018 3:19:35 PM PST by snoringbear (,W,E.oGovernment is the Pimp,)
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To: Blood of Tyrants
> houses from Sears <

I had forgotten all about that. But now that you mention it, Sears sold more than just plain ol' houses. What a remarkable company they once were.


44 posted on 12/27/2018 3:21:36 PM PST by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: NRx

I wandered into Sears a couple weeks ago. First time in over two years.

Lots of nice looking clothing, from a distance. Upon closer inspection, it was mostly icky third-world processed fabrics, terrible construction quality, and repeated strange cuts and fits of basic try-on-at-the-rack items like jackets and vests.

I wondered if the manufacturers and Sears buyers has colluded to sabotage sales. Even multiple zipper pulls on different styles jammed up on themselves, such that the coats never left the hangers.

Crazy. Who runs that place, the government?


45 posted on 12/27/2018 3:21:43 PM PST by Ezekiel (All who mourn(ed!) the destruction of America merit the celebration of her rebirth.)
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To: ETL

Sears turned into a womans store... no need for men to go there..

Home Depot did not help.

Penny’s is next

To many woman stores...


46 posted on 12/27/2018 3:22:13 PM PST by Hojczyk
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To: Zhang Fei
Image result for sears catalog
47 posted on 12/27/2018 3:23:05 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Iran Deal, Nukes: Click ETL)
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To: NRx
Image result for sears catalog
48 posted on 12/27/2018 3:25:46 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Iran Deal, Nukes: Click ETL)
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To: aomagrat

“I remember looking at guns in the Sear’s catalog. I still have 2 boxes of Ted Williams 30-30, headstamped “SEARS”.”

I’m 73 years old, grew up on a farm in rural central Texas. It was a big event when the Sears and “Monkey Wards” catalogs arrived. Naturally, the women in the family got first crack at them but eventually I got to go through them. They sold everything, boats, cars, guns, motorcycles, motor scooters, fishing gears, in and on. A young boys wish list for sure. I wanted a red Allstate scooter but sadly never happened. Oh well, life...


49 posted on 12/27/2018 3:26:40 PM PST by snoringbear (,W,E.oGovernment is the Pimp,)
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To: Secret Agent Man

Sears (and Kmart) did/do have websites for people to buy online. You can order online to be delivered or picked up.

But there were other problems.

Will Amazon last as long as those two companies did? Eventually it will fall, too. Already there are complaints.


50 posted on 12/27/2018 3:27:33 PM PST by Tired of Taxes
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To: Tired of Taxes

i see.

yes, a great store ... destroyed.

even today, a pretty poor merchandise mix and a mail-order (website) that is almost impossible to purchase from (with the world’s most dysfunctional merchandise search engine)... and some nice employees stuck in what has been degraded from a very good to a horrid ‘customer service and assistance’ function


51 posted on 12/27/2018 3:28:27 PM PST by faithhopecharity (“Politicians arent born, they’re excreted.” Marcus Tullius Cicero (106 to 43 BCE))
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To: NRx
My family bought everything out of the Sears catalog when we lived in Spain back in the late 50s and my dad was stationed there in the Air Force. It was like having the US at our fingertips.

I see that Lowes is selling Craftsman tools now. Must be one of the brands they sold off. My dad always told me to buy Craftsman because Sears stood behind them.

My dad has long ago passed away and now Sears. Sad.

52 posted on 12/27/2018 3:28:42 PM PST by HotHunt (Reagan was good but TRUMP IS GREAT!)
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To: NRx

Too bad they didn’t see the internet coming...they and Montgomery Ward already had the right business model back when they started. Essentially mail order companies.


53 posted on 12/27/2018 3:28:43 PM PST by DouglasKC
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To: sparklite2

yes indeed. WLS radio.. World’s Largest Store.

and it was very successful, too

it almost hurts to see Amazon getting rich running the mail-order business that Sears was leader in developing, building

while Sear’s website sucks rotten eggs


54 posted on 12/27/2018 3:29:47 PM PST by faithhopecharity (“Politicians arent born, they’re excreted.” Marcus Tullius Cicero (106 to 43 BCE))
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To: ETL

Oddly enough, a 1912 dollar is worth $26 today. So that buggy would cost $10,400 in 2018 dollars.


55 posted on 12/27/2018 3:30:33 PM PST by Zhang Fei (They can have my pitbull when they pry his cold dead jaws off my ass.)
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To: stars & stripes forever

I think Sears demise began when they bought K-Mart. They took their store, which was perceived to sell good quality goods at reasonable prices, and took on a discount change known for cheap prices and low quality. This made their brand too murky.


56 posted on 12/27/2018 3:31:11 PM PST by be-baw (still seeking...)
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To: NRx
Sears has been poorly run for a long time

It could also just be a sign of the times and the end of that style of store with massive inventory and an ancient vibe. Not only is Sears under pressure but many storefronts with inventory. I hardly shop for Christmas in stores anymore.

57 posted on 12/27/2018 3:34:22 PM PST by plain talk
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To: RinaseaofDs

https://www.theatlantic.com/technology/archive/2014/07/where-online-services-go-when-they-die/374099/

Prodigy was it, Sears and IBM, billions spent. Dial up modems. Those days came and went so fast.


58 posted on 12/27/2018 3:34:23 PM PST by PA-RIVER
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To: raygunfan; Gamecock; Larry Lucido; KC_Lion; FredZarguna; PROCON

[Upon closer inspection, it was mostly icky third-world processed fabrics, terrible construction quality, and repeated strange cuts and fits of basic try-on-at-the-rack items like jackets and vests.]

Cheap fabric and dim lighting. That’s how you move merchandise. - Morty Seinfeld


59 posted on 12/27/2018 3:34:26 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: NRx

Sears, K-Mart and JC Penny are all going to die


60 posted on 12/27/2018 3:35:16 PM PST by Zathras
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