Posted on 02/13/2017 4:41:40 AM PST by HomerBohn
Liberals are such paragons of tolerance!
During the presidential campaign last year, Macy’s went all PC by dumping Donald Trump’s line of neckties because he said he would build a wall along the US-Mexico border.
After Trump won, the Left began boycotting Ivanka Trump’s brand , followed by the dumping of the Ivanka label and other Trump merchandise by Shoes.com, Penzeys Spices, Nordstrom, TJ Maxx, Marshalls, and Home Shopping Network.
Now, already struggling Sears and Kmart have joined the dump-Trump hate movement.
From Business Insider, Feb. 10, 2017:
Sears’ and Kmart’s websites no longer sell products from the Trump Home line, which is owned by the Trump Organization.
As of Friday, a search for Trump Home items on both retailers’ sites yielded no results, except items sold by third-party sellers.
“As part of the company’s initiative to optimize its online product assortment, we constantly refine that assortment to focus on our most profitable items,” a Sears Holdings spokesperson told Business Insider. “Amid that streamlining effort, 31 Trump Home items were among the items removed online this week. Products from the line are still offered online via third-party Marketplace vendors.”
As of Tuesday, Sears was still selling 19 Trump Home items online and Kmart was selling 13, according to Shannon Coulter, the brand strategist who started the #GrabYourWallet Trump boycott….
Neither Kmart nor Sears has carried Trump Home in brick-and-mortar stores.
It’s hard to be outraged when the stores all closed.
The last peanut swirling in the toilet bowl
At one time, Sear’s “Craftmen” tools were of excellent quality, I own/use two sets of their wrenches. The electric hand tools on the other hand, not so much, pool quality and longevity.
Should have tried Home Depot or Lowe’s if you are retired or active duty Military they give 10% discount.
There are still a handful of Sears stores in the Toronto area but they are fading fast. K Mart disappeared over the horizon quite a while ago now. Nordstrom has opened a few stores here and we will see how long they last. Target also vaporized a couple of years ago now.
Nothing says “class” like selling your line at K-Mart. No big loss.
“The new secretary of the treasury is (or was?) heavily invested in the hedge fund that owns Sears Holdings. It was started by his college roommate.”
The death of Sears and Kmart is the story of the perversion of capitalism by today’s Wall Street speculators. Edward Lampert bought Kmart out of bankruptcy in 2003. Kmart then purchased Sears in 2005 for $11 billion, much of it financed by debt. Instead of infusing capital and management talent to rebuild the companies, Lampert has been milking both, deferring store maintenance and remodeling, cutting employees, cutting the quality of merchandise, reducing inventories, closing stores, and selling assets. Once loyal middle class customers have responded by defecting to other retail stores and online merchants. Hundreds of thousands of Sears and Kmart employees and suppliers have lost their jobs.
Both retailers are now beyond saving and Lampert is bleeding off the cash, closing stores as they go cash flow negative. Within the next 2 years the final chapter will be written when he shuts down the remaining stores and sells off what is left of the real estate.
Lampert is hailed as visionary investor. Once visionary capitalists built companies and industries. Today’s Wall Street applauds the destroyers, not the builders.
If I go to Kmart...it’s for things like toilet paper....and never buy on line.
Die Hard Sears...
Gets My motor Running!
Sears and Kmart are barely hanging by a thread. In a year they won’t be around anymore.
They should be made to suffer for injecting politics into retail.
Sears and Kmart are still around?
Sears is owned by K-Mart.
Yes, that is what I said.
My bad! I read it backwards!
Well that’s it for ever trading with Sears or Kmart ever again. Oh wait....I stopped trading with them years ago. Never mind.
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