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Sears to close last store in Chicago [its home market]
Chicago Tribune ^ | 4/12/18 | Chicago Tribune staff

Posted on 04/12/2018 4:03:08 PM PDT by foreverfree

Sears, based in Chicago for more than a century and now facing mounting troubles, is closing its last store in the city.

Employees at the store at Six Corners, on the edge of the Portage Park neighborhood, were told of the closure Thursday morning, spokesman Howard Riefs said in an email.

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Business/Economy; News/Current Events; US: Illinois
KEYWORDS: retail; sears
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To: mountn man

Yes, it is all catalog shopping/ordering.

That’s all “on-line” is. Trying to dress it up as new-age doesn’t change the fact it’s still an old-fashioned kind of shopping, in the old days meant for those who were remote and couldn’t shop in person.


21 posted on 04/12/2018 4:29:50 PM PDT by the OlLine Rebel (Common sense is an uncommon virtue./Federal-run medical care is as good as state-run DMVs.)
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To: Billthedrill

Another thing to think of. Sears has been around a long time and they had many employees who got benefits and pensions.
How do they compete against newer retail stores who only pay peanuts?


22 posted on 04/12/2018 4:30:37 PM PDT by shelterguy (Bigdeal)
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To: ping jockey

I’d agree.

People knew Sears was downsizing and scrambling 30 years ago.

And it’s not a great sign when your main direct competitor, Monkey Wards, dies at that time. Means something was “wrong” with the company approach long before “cyber”.


23 posted on 04/12/2018 4:33:27 PM PDT by the OlLine Rebel (Common sense is an uncommon virtue./Federal-run medical care is as good as state-run DMVs.)
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To: foreverfree

In the early 80s, when Walmart was expanding into Oklahoma and other areas, the prez of Sears was interviewed and asked what he thought about their expension and whether it was a threat. He responded, ‘who do they think they are? Sears?’

It was about a decade later when Walmart, Inc., passed Sears, Inc., in value.


24 posted on 04/12/2018 4:33:36 PM PDT by TomGuy
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To: foreverfree

Sears Tower doesn’t even exist in Chicago anymore. It is now renamed and called Willis Tower.


25 posted on 04/12/2018 4:33:56 PM PDT by DAC21
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To: faithhopecharity

I shopped at this store in the 1960s. Still remember the Candy Shop area toward the middle of the store and that great chocolate smell. Other department stores had them as well.


26 posted on 04/12/2018 4:39:09 PM PDT by plymaniac
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To: ping jockey

” Sears was on their way down long before that.”

Indeed. Don’t forget to include the fact that their point-of-sale system is practically THE worst one in the entire world. It’s always been practically impossible for their sales associates to use. I doubt if they’ve updated it for at least 25 years, and wouldn’t be surprised if it’s based on a program from the DOS day or from some obscure computer model that’s been defunct for at least 20 years, but continues to run on some kind of simulator ...


27 posted on 04/12/2018 4:39:30 PM PDT by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: ealgeone
"I see other legacy companies like Sears who have failed to realize the impact of the internet on commerce."

That may be part of the answer. But to me what killed them was the Chinafication of their products.

Craftsmen tools were once one of the best values you could find—quality tools fairly priced. I liked Sears work boots and work clothes. Again, quality made at a fair price. Their appliances were as good as any on the market.

I once had a Kenmore washer that was still going strong after 25 years. It may be still going strong for all I know. I left it with my old house 20 years ago. I liked Sears work boots and work clothes. Again, quality made at a fair price.

I imagine now Sears sells whatever their Chinese brokers are pushing this year.
 

28 posted on 04/12/2018 4:39:32 PM PDT by Governor Dinwiddie (MAGA in the mornin', MAGA in the evenin', MAGA at suppertime . . .)
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To: SaveFerris

Have you ever tried to buy something at the Sears website? It’s the slowest, most convoluted website I’ve ever used. How a company could have one of the greatest mail-order businesses in the world (they sold HOUSES mail order!), and then completely miss the boat on the internet, is beyond me.

If it wasn’t for Craftsman tools (which they sold off I think), I wouldn’t walk in their store.


29 posted on 04/12/2018 4:40:25 PM PDT by moovova
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To: foreverfree
The significance of the fabled Sears Catalog as a cultural artifact can hardly be over estimated. In an Age relatively free of technological communication, it was a medium which purveyed common ground to a growing disparate nation. Everyone got a Sears catalog. It was like Amazon today. You could buy a house from Sears, as well as underwear, and everything in between.

I think time passed Sears by, but it should be respected for what it meant to America, for maybe a century, and given a decent burial.

30 posted on 04/12/2018 4:40:46 PM PDT by hinckley buzzard
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To: Governor Dinwiddie

That certainly hasn’t helped.


31 posted on 04/12/2018 4:41:41 PM PDT by ealgeone
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To: shelterguy

“Retail stores come and go. Monkey Ward, Woolworths, Kresge, etc.”

Kresge isn’t quite gone: it turned into Kmart.


32 posted on 04/12/2018 4:43:10 PM PDT by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: moovova

If it wasn’t for Craftsman tools (which they sold off I think), I wouldn’t walk in their store.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Used to be able to bring in any broken Craftsman tool and they would replace it on the spot. No questions asked. Now they sell the same junk as everyone else.

Every few years I go there for filters for my shop vac. That’s it.


33 posted on 04/12/2018 4:45:51 PM PDT by shelterguy (Bigdeal)
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To: hinckley buzzard
Sears stopped publishing the catalog in 1993.

In about 5 years, half of all Americans were on the Internet.

If Sears had played its cards right, they could have been a real competitor to Amazon.

34 posted on 04/12/2018 4:46:52 PM PDT by x
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To: plymaniac

yes. ‘and sears website is a bad joke...
ESPECIALLY since Sears almost pioneered mass-scale mail-order merchandising....they were GRRAT at it! now it almost all been captured by Amazon ... a modern upstart, if you will....
and even using Sears website can be a real struggle, even its product-search function is really crappy !! amazingly poor website, and they shipped up an OBVIOUSLY broken at the warehouse tool.. that required a year struggle to even get a half-assed refund for, a refund they promised in writing immediately but when you tried to get it... you got connected to people in Phillipines, Viet Nam, all over hell and gone as I recall....we finally had to threaten to sue the guy who purchased, owns sears now...just to get our damned money back ... horrible horrible company nowadays, but it was PRIMO good place in the past, a fine company and you always knew the merchandise was good or they’d fix or refund right away, it used to be just the opposite of what it is today, a very honest reliable company, imho


35 posted on 04/12/2018 4:47:36 PM PDT by faithhopecharity ("Politicans aren't born, they're excreted." -Marcus Tillius Cicero (3 BCE))
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To: catnipman

Kresge isn’t quite gone: it turned into Kmart.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Good luck finding a Kmart store.


36 posted on 04/12/2018 4:47:44 PM PDT by shelterguy (Bigdeal)
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To: dsrtsage
Used to have nice tools. Now the only wrenches you can get on amazon are the rejects from harbor freight that are biodegradable

The nicest hand tools these days are the Kobalt line from Lowes. Sure, made in China, just like Craftsman and now just like Snap-On. Still, they're reasonable priced, durable, and ergonomic.

Don't even get me started on the flat-out GARBAGE that Snap-On is putting out these days. We use them at work where they're purchased by the taxpayers. They break all the time. Since the military is the purchaser, they don't even bother replacing them under warranty. They just dispose of them and get new ones.

I remember Snap-On tools from 30 years ago. The ones they're making today are shameful.

37 posted on 04/12/2018 4:48:51 PM PDT by Drew68
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To: Governor Dinwiddie
I once had a Kenmore washer that was still going strong after 25 years.

I have my Kenmore washer and dryer, nothing fancy or digital, one step up from the basic models. They're freakin' tanks! Never given me the slightest bit of trouble.

Actually, in the decade I've been a homeowner, they're the only major appliances I haven't replaced (and the only Kenmore appliances I own).

Should've bought Kenmore everything.

38 posted on 04/12/2018 4:53:22 PM PDT by Drew68
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To: LouieFisk; All
Yes, I miss the catalogs, especially at Christmas.

ff

39 posted on 04/12/2018 4:53:30 PM PDT by foreverfree
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To: foreverfree

Sears has for years seen falling sales — down 45% since early 2013. Meanwhile,
its debt load has spiked to over $4 billion, and it’s losing well over $1 billion
annually.

The company closed nearly 400 Sears and Kmart stores last year. The upcoming
round of closures will leave it with fewer than 940 stores, down from 3,510 six
years ago.

Two years ago, Kmart had 941 stores. After the upcoming round of closures,
it will have about 400.

http://www.businessinsider.com/sears-closing-stores-list-2018-1


40 posted on 04/12/2018 4:57:17 PM PDT by deport
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