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Sears is on the brink of catastrophe as stores closures loom and top execs flee the company
http://www.msn.com/en-us/money/companies/sears-is-on-the-brink-of-catastrophe-as-stores-closures-loo ^ | 4-Dec-16 | Hayley Peterson

Posted on 12/04/2016 2:30:46 PM PST by ARGLOCKGUY

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To: blam

K Mart was the place you didn’t want to be seen. If you saw a classmate at K Mart, the unspoken understanding was: “I didn’t see you and you didn’t see me.”


81 posted on 12/04/2016 3:06:01 PM PST by henkster
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To: SES1066
and used to be the place for middle-America to shop for everything you’d expect from a department store.

As the 1% continues to destroy middle America, there isn't a need for a store that caters to that market.

82 posted on 12/04/2016 3:06:02 PM PST by PAR35
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To: AlaskaErik

In our area that tends to be an army of eyebrow threaders and nail salons.


83 posted on 12/04/2016 3:06:16 PM PST by Vermont Lt (Brace. Brace. Brace. Heads down. Do not look up.)
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To: outofsalt

I subscribed to the newsletter. Thanks for the link.


84 posted on 12/04/2016 3:06:21 PM PST by wally_bert (I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
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To: PAR35

My mistake. I thought that the better brand bought the floundering K-Mart.


85 posted on 12/04/2016 3:06:38 PM PST by meyer (There is no political solution to this troubling evolution...)
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To: Jack Hydrazine

Even as I grew up in northern Illinois in the 1970s the Sears brand was beginning to fade. It is such a shame because of all the history associated with the brand.

My family even used to live a block from Sears Boulevard in Wildwood, Ill where the Sears family once lived.

And to this day, my stepfather still uses the line “where did you get your drivers license, Sears?” Many people are unaware that a person could indeed have their drivers license issued to them by Sears in the old days.


86 posted on 12/04/2016 3:06:51 PM PST by Navin Johnson
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To: ARGLOCKGUY
The really sad part is that Sears always had a strong reputation for catalog sales, a strenght that should have easily translated into an online presence.
87 posted on 12/04/2016 3:08:37 PM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: ARGLOCKGUY

Watched my dad bend a thin drill bit from Sears made in China. Held it in his fist and used his thumb to bend it ninety degree.


88 posted on 12/04/2016 3:08:43 PM PST by SkyDancer (Ambtion Without Talent Is Sad - Talent Without Ambition Is Worse)
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To: reaganaut

That is a 180 degree experience from how they used to handle returns; just bring it in for refund or exchange, no questions asked. Amazingly stupid scenario you had to endure.


89 posted on 12/04/2016 3:09:38 PM PST by PeteePie (Righteousness exalts a nation, but sin is a reproach to any people - Proverbs 14:34)
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To: ARGLOCKGUY

https://www.youtube.com/watch?v=s5GZRnJTO5E


90 posted on 12/04/2016 3:09:40 PM PST by wally_bert (I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
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To: Flick Lives

My sister and I would pour over the Christmas Wish Book looking at all the toys and other things we wanted for Christmas and would make a Christmas list that would include the page in could be found on.

Our local Sears sold more than half of their store space to Whole Foods. The only part that remained a Sears store is the part that connects to the rest of the mall.


91 posted on 12/04/2016 3:10:17 PM PST by pinkandgreenmom
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To: Blue Jays

Only thing I get/got from Sears was HEPA filters for my shop vac (still the best home vac available for people with allergies).


92 posted on 12/04/2016 3:13:41 PM PST by reaganaut (Yes I am female, yes I love guns, yes I carry and yes I reload and handload my own ammo.)
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To: Navin Johnson

And lately Sears has tie-ins with the Kardashians.
No wonder they’re circling the drain!


93 posted on 12/04/2016 3:13:52 PM PST by Radagast the Fool (At my signal, UNLEASH PALIN!!)
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To: ARGLOCKGUY

Sears guitars (Danelectro) weren’t half bad. Certainly a kid like myself could buy one with paper route money.


94 posted on 12/04/2016 3:16:25 PM PST by Huskrrrr
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To: JoeProBono

My mom’s house was a Montgomery Wards house not a Sears but many near here are sears houses and still standing in good shape.


95 posted on 12/04/2016 3:17:18 PM PST by reaganaut (Yes I am female, yes I love guns, yes I carry and yes I reload and handload my own ammo.)
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To: Blue Jays
I was browsing for a new (basic) clothes washer, and compared prices at Home Depot and Sears. Both were the same price!

After driving through about 3 miles of typically terrible traffic, I gave up on Sears when announcements were broadcast only in Spanish. It's not going to be easy to MAGA. The local K-Mart is filled with immigrant shoppers.

BTW: Snap-On tools are also made in China now. :(

96 posted on 12/04/2016 3:19:24 PM PST by Does so ( 'Time for English as the US' sole National language...==8-O)
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To: A Navy Vet
A bought an extra Craftsman socket set on sale a couple years ago. The chrome had a sort of brown tinge. They rusted on the outside the first time they got wet! Not the type of light rust you just rub off. This was permanent. I've got sets from 30 years ago that are still nice bright chrome and some of them have gotten wet and never rusted.

97 posted on 12/04/2016 3:19:58 PM PST by Right Wing Assault (Kill: TWITTER, FACEBOOK, CNN)
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To: ARGLOCKGUY

Walmart adds another kill to their list.


98 posted on 12/04/2016 3:20:31 PM PST by Vaduz (women and children to be impacted the most.)
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To: Does so
BTW: Snap-On tools are also made in China now. :(

Dollars to donuts, our hyper-regulating federal government made that happen.

99 posted on 12/04/2016 3:21:26 PM PST by meyer (There is no political solution to this troubling evolution...)
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To: real saxophonist

I have heard that it turned into one of the worst places to work the last 15 years. Talk about missing the boat. They had some good appliance traditions, I know I bought a number of them. They had Craftsman, vacuum cleaners etcetera. All of those things generate traffic. They even repaired a lot of their stuff. Warranty traditions were good. With all that to generate a base line of traffic they could not get their soft goods to any sort of consistency and reliability. Work garments might be the only exception.

What a lot of bone headed moves. AND it was a century old CATALOGUE company that could not figure out internet sales — DUH>


100 posted on 12/04/2016 3:21:57 PM PST by KC Burke (Consider all of my posts as first drafts. (Apologies to L. Niven))
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