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Sears may be down to its last 24 hours. Iconic retailer likely liquidates without bid by tomorrow
CNBC ^ | 12-27-2018 | Lauren Hirsch

Posted on 12/27/2018 2:49:09 PM PST by NRx

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To: NRx
I second that. When I was a kid I couldn't wait for the catalog to arrive out of which I made my Santa wish list.

I was in a production of The Music Man a couple of years ago. Back in the day, people would order stuff from the Sears or Monkey Wards catalog and the Wells Fargo Wagon would deliver it from the railroad depot. Too bad they couldn't adapt to the Internet era.

21 posted on 12/27/2018 3:07:41 PM PST by colorado tanker
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To: KevinB

History repeats itself. Sears put tens of thousands of local mercantiles out of business in the early 1900’s thru the 1950’s. Exactly what Amazon and the internet has done to Sears. Just a newer version of catalog sales.


22 posted on 12/27/2018 3:07:51 PM PST by blackdog
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To: NRx

IMO, SEARS’S downward slide began with an AFA BOYCOTT for its open support of ABORTION in the 80s. It was the first retail boycott of its kind. Pro-life people stopped buying and most never came back.


23 posted on 12/27/2018 3:10:00 PM PST by stars & stripes forever (Blessed is the nation whose God is the Lord. Psalm ( 32:12))
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To: NRx

Just not quite enough queer couples in their ads to keep them open. Goodness knows,they tried. Shame.


24 posted on 12/27/2018 3:10:13 PM PST by cdcdawg
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To: NRx

I remember Sears.


25 posted on 12/27/2018 3:11:33 PM PST by Jeff Chandler (Every time a lefty cries "racism", a Trump voter gets his wings.)
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To: aomagrat

I have owned probably 7 or 8 Winchester model 94s, The best one was a Sears Ted Williams. It was used and the bluing or whatever passed for bluing on the receiver looked awful.

It had a really smooth action and was more accurate than most.

The best thing is someone had installed an expensive Redfield receiver sight. Probably worth more than the gun.

The pawn dealer apparently did not know how valuable the sight was and sold the gun for $50.


26 posted on 12/27/2018 3:11:36 PM PST by yarddog
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To: RinaseaofDs

Sears was the analog version of Amazon.


27 posted on 12/27/2018 3:12:02 PM PST by Rebelbase
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To: NRx
p23n

The retailer that invented ordering from a catalog couldn't beat Amazon...

28 posted on 12/27/2018 3:12:18 PM PST by Snickering Hound
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To: NRx

I’m truly surprised the PLA didn’t buy it.
Seems like a great fit for China.


29 posted on 12/27/2018 3:13:06 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: RinaseaofDs
The irony is that they basically invented Amazon.

They were Amazon before Amazon. Over 100 years before Amazon.

30 posted on 12/27/2018 3:13:36 PM PST by Flick Lives
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To: NRx

68,000 is a bunch of folks to drop on the economy in a short time. That’s gonna sting.


31 posted on 12/27/2018 3:13:41 PM PST by Vermont Lt
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To: tcrlaf

Yup, if they would have put the catalog online for online sales, that would have been their great internet presence.

Penneys too.

The historic large brick and mortars ignored the internet, and after losing more market to them, had trouble maintaining their buildings and modernizing them.


32 posted on 12/27/2018 3:13:45 PM PST by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: aomagrat

Just got back from shooting. One of the guns was a bolt action Sears brand .22 rifle. (Winchester 141)


33 posted on 12/27/2018 3:13:51 PM PST by Jeff Chandler (Every time a lefty cries "racism", a Trump voter gets his wings.)
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To: captain_dave

Sears catalog and Penneys catalog was the internet of the 1900s.


34 posted on 12/27/2018 3:14:29 PM PST by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: Snickering Hound
Related image
35 posted on 12/27/2018 3:15:02 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Iran Deal, Nukes: Click ETL)
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To: NRx

I’ve always enjoyed shopping at Sears and Kmart. Unfortunately, I am apparently the last of a vanishing breed for Sears Holdings.


36 posted on 12/27/2018 3:16:13 PM PST by Zhang Fei (They can have my pitbull when they pry his cold dead jaws off my ass.)
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To: Snickering Hound
Image result for sears catalog

Related image

37 posted on 12/27/2018 3:16:42 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Iran Deal, Nukes: Click ETL)
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To: Blue House Sue
Image result for sears catalog train set
38 posted on 12/27/2018 3:17:37 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Iran Deal, Nukes: Click ETL)
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To: proust
Image result for sears catalog
39 posted on 12/27/2018 3:18:05 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Iran Deal, Nukes: Click ETL)
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To: faithhopecharity

Not sure about Sears, but IMHO the following policy helped to destroy another Sears Holding company (Kmart):

Corporate HQ would send mystery shoppers to photograph messy displays in a store.

Then, as punishment, Corporate HQ would cut funding to that store.

Result: Fewer and fewer employees working led to more messiness and even less money. Not to mention no money for upkeep, heat or A/C.


40 posted on 12/27/2018 3:18:11 PM PST by Tired of Taxes
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