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Sears sues Lampert, claiming he looted assets and drove it into bankruptcy
One America News ^ | April 18, 2019 | By Jonathan Stempel and Jessica DiNapoli

Posted on 04/18/2019 11:14:04 AM PDT by Red Badger

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To: Gene Eric

Was at Lowe’s a few weeks ago. Was impressed with the ‘tool kits’ they have assembled for very decent prices.

Great gifts for teens just starting to drive, or kids going to college & NOT living in dorms.


41 posted on 04/18/2019 1:53:49 PM PDT by ridesthemiles
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To: nikos1121

How many here on FR recall that Sears used to actually sell HOUSES? In a kit, IIRC.


42 posted on 04/18/2019 1:55:18 PM PDT by ridesthemiles
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To: blackdog

You have an interesting point. Same can be said for Walmart of just a few years ago. Now, same can be said for Amazon killing off businesses in shopping malls. It’s just how life works.

Someday something will come along and kill of Walmart and Amazon. It may not be in the next 5 or 10 years, but it will happen.


43 posted on 04/18/2019 2:24:34 PM PDT by redfreedom
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To: Red Badger
What killed Sears is the same thing that killed K-Mart.. Feminism...
44 posted on 04/18/2019 2:31:51 PM PDT by unread (Joe McCarthy was right.......)
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To: unread

It was a murder-suicide..................


45 posted on 04/18/2019 2:36:37 PM PDT by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: Red Badger

Richard Sears started a mail order business selling watches in 1886. Al Roebuck fixed watches and joined Sears in 1887. Their first store opened in Chicago in 1925. Kmart bought Sears in 2005. Today there are 9 Sears stores in Los Angeles nice watches. Wallmart has 9 super centers in Los Angeles. Walllmart is busier.


46 posted on 04/18/2019 2:39:08 PM PDT by Falconspeed
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To: Red Badger

I hope that SOB gets what he deserves. In spades.

He killed thousands of jobs and intentionally crushed the value of the brand.


47 posted on 04/18/2019 2:47:46 PM PDT by Don W (When blacks riot, neighbourhoods and cities burn. When whites riot, nations and continents burn.)
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To: Kommodor

Good memories of what was the Midwest middle class life. A high school buddy bought a motorcycle from Monkey Ward. Times have quickly flip flopped mores/morality and consumer ways. So is life better for those that do not know better?

I cannot answer for certain.


48 posted on 04/18/2019 3:28:39 PM PDT by whistleduck (arpoon)
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To: Abathar

“I wonder what they will do with the Kenmore brand name, has anyone heard if someone has bought that yet?”

I came out of retirement a couple of months ago to work at the local Sears on a part time basis (don’t need the money, just something to get me out of the house). They won’t sell the Kenmore appliance line because it is keeping Sears alive for now. Half the people who come in looking at appliances wind up buying Kenmores.

What is killing Sears is being attached to malls that are dying.


49 posted on 04/18/2019 3:42:39 PM PDT by chrisinoc
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To: chrisinoc

Thank you for the reply.


50 posted on 04/19/2019 4:19:28 AM PDT by Abathar (Proudly posting without reading the article carefully since 2004)
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To: DesertRhino

Yes, ruined many lives.


51 posted on 04/23/2019 8:14:21 AM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: Kazan
Sounds like something Mitt Romney would do.


52 posted on 04/23/2019 8:16:41 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: dfwgator

Romney is a horse ass. Just like John F’n Kerry.


53 posted on 04/23/2019 8:27:46 AM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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