Posted on 10/12/2018 9:51:15 PM PDT by robowombat
Source: Reuters
Sears is planning to close up to 150 of its department and discount stores and keep at least 300 open as part of a plan to restructure under U.S. bankruptcy protection, people familiar with the matter said Friday.
The plans, which remained in flux Friday afternoon, would leave the fate of Sears' remaining roughly 250 stores uncertain, the sources said. The future of the stores could hinge on Sears' negotiations with landlords over their leases.
(Excerpt) Read more at msn.com ...
In our local Sears, you have to walk past several empty checkout desks to find a clerk to take your money (I only go there once or twice a year).
I think I could camp in the store for a month and nobody would ever find me.
In the 60’s when I was a little kid they used to sell saddles - we always used to enter through the saddle dept & I thought I was in heaven from that leather smell.
Yep - there it is. That’s what did it for me, too.
Made me walkaway from them almost completely.
Sears began as a mail order catalog company.
The internet is a digital catalog and we are all buying off of it.
How did Sears, of all companies, miss it?
When I was a teenager, I took my younger friend into Sears to look around and found a Barbie doll she wanted. We didn’t have quite enough to buy it, but the sales clerk (a young man, as I recall) sold it to her for what we had. It was such a sweet thing to do for a little girl.
I wonder how many Sears houses are still around?
Oops s/b “walk away”
I know. It’s still disheartening
that an American institution succumbs
to the times. As a 12 year old, it
was a fine day when that rifle showed
up. I still have it.
They were the original Amazon.
Same way early computer guys told me and my friends no one would ever need a 100 mb hard drive.
Lots, they sold a lot of different versions for a long time.
Yep, you could buy virtually any
product from Sears Roebuck. And
it wasn’t made in China. Good
quality American made.
The sad decline of a once great American company. I recently inherited a 61 year old Sears “John C. Higgins” shotgun in mint condition. It was a common enough shotgun in its day - a shotgun for the American everyman. Now I feel like I have real piece of Americana. I’ll never part with it.
“Sears quit selling guns a few months after you bought your rifle.”
Maybe by catalog because of the 1968 gun control act, but in the stores Sears sold firearms until 1983 or 1984.
Sears could have been Amazon. They already had the legendary catalog And yes, the lingerie section rocked growing up in the early 80s. All they had to do was make the leap to cyber space and not bought Kmart. Which was the dumbest decision since Atari made the ET video game.
...
The CEO bought KMart for the real estate.
Managers will defend their turf and bad mouth the new guys every chance they get.
The Sears Holdings Corporation is an American holding
company headquartered in Hoffman Estates, Illinois, a suburb of Chicago. It is the owner of retail store brands
Sears and Kmart, and was founded after the latter purchased the former in 2005. Sears Holdings also
owns the brands Kenmore and DieHard.
Something i don't understand is sears and roebuck used to be a catalogue ordering company they were famous for it who hasn't seen an S&R catalogue .....Anyway you would think that sears would have transitioned well into a business like Amazon by now with the selections sears has they could give the smaller online shopping places some competition easily but they should have started 15 years ago it's got to be almost pure laziness on sears part !
Sears is an example of evolution at work. The struggle for life also affects artificial as well as natural species.
Over time, those who don’t adapt to their environment become extinct. This once great company is headed there.
But new species are born and evolve over time, too. Its a fact of life on earth.
Sears could have been Amazon...
It’s worse than that, They were also partners in Prodigy, one of the internet access companies from the dial up days.
They were perfectly positioned to dominate internet retail except they were to clueless to realize it.
Well, I heard they quit making outhouses in Arkansas because Sears went on-line!
Who ends up paying the bill for bankruptcy? Not the bank!
I forgot about that. I think IBM was the partner.
FReerepublic also got its start on Prodigy.
Our first credit card was a Sears (Master)card. We’ve had it since 1977.
I can’t remember the last time we actually used it at Sears.
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