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Also FTA..

Sears shares have fallen more than 85 percent over the past 12 months, bringing the company's market cap to $127.8 million, or less than Lampert is willing to pay for the Kenmore brand. The stock hit an all-time intraday low of $1.15 earlier this week.

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$1.15 a share? I've seen junk bonds with better results.

Sad. Just sad.

1 posted on 08/23/2018 11:58:09 AM PDT by Responsibility2nd
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To: Responsibility2nd

Bump for later.


43 posted on 08/23/2018 12:57:59 PM PDT by Springman (Rest In Peace YaYa123, Bahbah, and Just Lori.)
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To: Responsibility2nd

Life goes on.


46 posted on 08/23/2018 12:59:53 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Responsibility2nd

Where I grew up, the Sears catalog was a big deal. You could get anything in there within a week or two. Few items in the catalog were otherwise available locally. It really served a niche. Their retail stores never really made sense to me. It was like they had to do it to continue to compete with changing times. Basically, Amazon has brought it full circle.


47 posted on 08/23/2018 1:00:34 PM PDT by bk1000 (I stand with Trump)
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To: Responsibility2nd

Dad retired from Sears upper management after 30 years, way back then Sears was a Blue Chip stock.

So sad to see brick and mortar retail die.


49 posted on 08/23/2018 1:01:17 PM PDT by Clint N. Suhks (President Trump's twitter is the laser pointer and the media is the cat.)
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To: Responsibility2nd
Sears is still testing new concepts, like stand-alone mattress stores

That's not a new concept, there are 3 mattress stores at every intersection.

51 posted on 08/23/2018 1:03:31 PM PDT by 1Old Pro
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To: Responsibility2nd

Wow, the store at the Eastview Mall in Victor, NY is closing. The Eastview is a higher end mall. If Sears can’t make it there...


52 posted on 08/23/2018 1:04:42 PM PDT by mewzilla (Has the FBI been spying on members of Congress?)
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To: Responsibility2nd

It would deeply sadden me if Sears were to go under.Sears is Americana...Sears is America.I’d much,*much* rather see Amazon go under.


62 posted on 08/23/2018 2:04:38 PM PDT by Gay State Conservative (I've Never Owned Slaves...You've Never Picked Cotton.End Of "Discussion".)
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To: Responsibility2nd

No more Hamilton Mall Sears - sad.....


65 posted on 08/23/2018 2:14:41 PM PDT by Intolerant in NJ
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To: Responsibility2nd

Sears was the first credit card I owned. Because there wasn’t any such thing as debit cards in those days it had a severely limited credit ceiling.

I had to freeze all my accounts when I went through a divorce and when it came time to un-freeze, Sears required me to reapply. It then declined me as a poor risk - because of my divorce. It mattered not that I protected them as well as myself by my actions.

I walked away then and never looked back (well, except for that time I asked them to honor their lifetime warranty on a Craftsman tool and they refused).


66 posted on 08/23/2018 2:21:11 PM PDT by rockrr ( Everything is different now...)
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To: Responsibility2nd

“Sears^ Oglethorpe Mall, 7810 Abercorn St Savannah GA”

Sad to see this one go. Spent a LOT of money in this store over the years.

Last time we went in, looking for some tools, there weren’t any. The shelves were bare.


73 posted on 08/23/2018 2:55:41 PM PDT by Conan the Librarian (The Best in Life is to crush my enemies, see them driven before me, and the Dewey Decimal System)
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To: Responsibility2nd
For decades, Sears & Roebuck were the premier mail-delivery retailer. Most of rural America did their shopping through mail order. They had that market cornered.

That they did not covert that massive infrastructure to the internet during the mid 1990s is inexplicable.

It was as dumb as Kodak deciding to stick with good old film once everybody started buying digital cameras. (Something they invented by the way.)

79 posted on 08/23/2018 4:03:55 PM PDT by SamAdams76 ( If you are offended by what I have to say here then you can blame your parents for raising a wuss)
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To: Responsibility2nd

Sears has sold off most if not all of its brands. It has nothing but real estate left and the CEO transferred that to his own company.


83 posted on 08/23/2018 5:29:35 PM PDT by CodeToad ( Hating on Trump is hating on me and America!)
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To: Responsibility2nd

Worked in their service department for 10 years in the late’80s-early ‘90s. It was a great job being on the road all day, but you could see the writing as they tried to manage every little aspect with bare minimum crew. “Lean and mean” as the new district manager said. Sounded ok until we found out that “lean” meant the unemployment line for us young guys..

Guess those were the days, when they serviced and repaired what they sold.


85 posted on 08/23/2018 6:20:11 PM PDT by jughandle (Big words anger me, keep talking.)
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To: Responsibility2nd

Sears in my area closed several years ago. Can’t remember the last time I spent any money in a Sears store.

I do miss KMart though. They had cheap, well-made basic clothes in Big & Tall sizes.


87 posted on 08/23/2018 7:21:56 PM PDT by Some Fat Guy in L.A. (Still bitterly clinging to rational thought despite it's unfashionability)
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