Sears, for the most part, and K-Mart, to a lessor extent seek to appeal to middle America, the majority of whom voted for Trump. Given the effect on JC Penney and Target, I simply do not understand how these weak sisters think this is a helpful strategy.
Personally, I used to own a lot of tools and goods from Sears. In the last few years I only went to Sears occasionally. Now, I have sound reason to actively avoid them. K-Mart is geared toward the EBT crowd.
If you own any stock in either, now is the time to unload it. Both merchandizers just wrote their own obituary which will hasten their demise. Hope it was worth it.
I’ve had a Sears card since 1965. I haven’t used it in 7 or 8 years. I just cancelled it.