Posted on 01/09/2014 2:09:59 PM PST by Hojczyk
Sears, once America's golden retailer, is a company in crisis.
The company has shuttered hundreds of stores in recent years. The embattled company has been selling some its most profitable stores to raise money.
And now, shares are tumbling after Sears lowered guidance for the quarter and announced that comparable sales in the fourth quarter have slid more than 7%.
Brian Sozzi, chief equities strategist at Belus Capital Advisors, took poignant photos inside of New Jersey and New York Sears locations in October.
"To understand why Sears is in a 'sell stores mode' one must look no further than the stores themselves, where the truth is to be found," Sozzi writes.
His photos show the sad reality of what Sears is today.
(Excerpt) Read more at finance.yahoo.com ...
I’ll pay more, sometimes quite a bit more if I know I’m supporting local and getting good service. I refuse to set foot in Walmart and places like that.
Sears sucks. Has for a long time. It’s too late now to do anything about it. And while they’re at it they might as well close all K-Mart locations as well. Those are horrid dumps, far worse than these pictures.
Kenmore was largely whirlpool for years. A ton of the Sears brands have been private labels for years and years.
I don’t see any chance of this decline being reversed either
Nope. It will take decades.
If ever.
What’s the worst part is that it’s all been deliberate. Completely deliberate. The elites hate us, the middle class, and this country.
See my post 140. Sounds like we are kindred spirits.
I never found anything worthwhile from Sears except for their appliances, and they made the interesting move to set up separate appliance stores in a nearby mall. That might increase appliance sales, but now they’ve removed one of the few draws to the mall locations.
Agreed.It wasn't the election but the *re* election of America's first openly Maoist President that convinced me that we've passed to tipping point.The only hope for *part* of this country and *some* of her people is secession of the "red" (but really "blue",red's always been the color of the Communists) states.If such a secession were to take place a mass,two way,migration would take place...just like with India and Pakistan in the late 40's.People like me would go to North Carolina,Tennessee or Georgia and the parasites of those states would go to NY,NJ,MA,etc.And scens like that would be repeated from coast to coast.
I just looked it up; it’s on the National Historic Register.
The Barnes Estate
Actually the dryer is close to 20 years old and this was the first service call.
We clean filter each time we use the dryer.
The service guy did check the exhaust and there was not problem (it only runs about 2 feet straight to a hole in the wall so it is not like there is a lot of places for it to get clogged.
No, I think the part just gave out.
It has been two years since the service call and it works fine. I just know when it breaks again we will be getting a new washer dryer, just not from sears.
I worked at the Dedham, ma store.
Besides Sammy Whites bowling alley it was probably the funnest job I have ever had.
Made so many friends and GF’s there lol.
I miss both those times and that store.
It’s now a BJ’s wholesale club and you would never recognize the place inside...
Sad
Wanna hear a funny jazz story? My teacher, the late Duane Wickiser, taught me the following:
Sears & Roebuck Bridge = II-V-I
Montgomery Ward Bridge = IV-V-I
I think those are right. Anyway, the point is those companies were in such common use that their names were used in other ways.
I like to think of it as red-blooded American versus blue-blooded “elite.”
Those were the days. So many fond memories.
I quit going to K-Mart when I realized that the door alarm went off for about every other person. It is so irritating.
I accompanied a neighbor on a shopping trip last week and she went into K-Mart. Since I did not care to shop, I sat on the bench near the exit. 8 people exited and the alarm went off
for 6 of them. They had to walk back to a check out and see
the cashier. I don’t know what happened there but I guess the
situation is worse than when I stopped shopping there. 6 out of 8? C’mon!
My parents never shopped at “Monkey Wards” either. :)
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