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Started By
Message
re: Sears gets a short-term life raft
Posted on 1/16/19 at 11:39 am to ElderTiger
Posted on 1/16/19 at 11:39 am to ElderTiger
quote:
I was in Lowe’s this morning. It almost seemed like being in Sears with all the Craftsman items everywhere.
I just don't know what will bring people into Sears. Their brands used to draw so much traffic, but now you can find them in other places.
1
Posted on 1/16/19 at 1:46 pm to ElderTiger
Here's my model for the "new" Sears. Completely rip off Amazon and carry their top 1000 selling products and top 1000 selling books in every location. Just tell people to shop on Amazon, but then come get it at Sears, everything price matched. Done.
Posted on 1/16/19 at 2:28 pm to Kingpenm3
quote:
Just tell people to shop on Amazon, but then come get it at Sears, everything price matched.
Why would I get dressed to go pick it up at Sears when I can just stay in my tighty whiteys and let Amazon bring it to me in three days for the same price.
Posted on 1/16/19 at 2:38 pm to GetCocky11
quote:
Lampert is doing this to make himself more money.
Bingo
Posted on 1/16/19 at 2:47 pm to GetCocky11
quote:
Lampert is doing this to make himself more money.
At this point I have to think he's just too invested emotionally.
Posted on 1/16/19 at 2:49 pm to GetCocky11
quote:
It isn't about saving the company. Lampert is doing this to make himself more money.
And to release himself from any liability from his actions that devalued the company.
This post was edited on 1/16/19 at 2:52 pm
Posted on 1/16/19 at 2:52 pm to udtiger
Posted on 1/16/19 at 3:19 pm to LSUFanHouston
quote:
with the same guy that could not stop the problems in 13 years of control.
It’s possible he knows how to turn it around but wanted to own it or didn’t have enough control to do what he wanted so he bided his time until he could buy them out. Or even intentionally ran it into the ground so he could have a buying opportunity. I’ve seen that happen with smaller companies many times, including a couple catfish processing plants
Posted on 1/16/19 at 3:58 pm to LSUFanHouston
quote:
I just don't know what will bring people into Sears.
I don't either but I hope they are able to figure it out. The amount of people that would be impacted by them going under is huge, never good when we have job losses like that.
Posted on 4/6/19 at 1:51 am to LSUFanHouston
Sears, after bankruptcy, is opening new stores for home goods
quote:
Sears will open three “Sears Home & Life” stores in May, in Anchorage, Alaska; Lafayette, Louisiana; and Overland Park, Kansas.
That’s after the department store chain has shut hundreds of Sears and Kmart locations over the years and filed for bankruptcy protection in October.
Posted on 4/6/19 at 2:09 am to NYCAuburn
quote:
No one wants to go to these types of department stores any more. They need an entirely new business model or the need to just give up.
It is unbelievable that the store that once ruled the world of mail order was not the first to take advantage of that newfangled internet thingymaju.
Posted on 4/6/19 at 3:38 am to LSUFanHouston
So it took this long for Sears to realize a path forward? 
Management is to blame for not preparing for this inevitable shift in consumer behavior a decade ago.
Management is to blame for not preparing for this inevitable shift in consumer behavior a decade ago.
Posted on 4/6/19 at 4:02 am to cave canem
quote:
It is unbelievable that the store that once ruled the world of mail order was not the first to take advantage of that newfangled internet thingymaju.
Sears had an inflexible, bureaucratic culture back in the 70s. It would be struggling some if there had never been an internet.
Posted on 4/6/19 at 6:47 am to cave canem
quote:
It is unbelievable that the store that once ruled the world of mail order was not the first to take advantage of that newfangled internet thingymaju.
I remember a Sears executive calling the internet a "passing fad" sometime back in the mid 90's.
Posted on 4/6/19 at 7:12 am to ElderTiger
10-15 years ago, Sears should have dropped all clothing and just become a home store with their tools, appliances/TVs, and other home furnishings. They would be thriving on a smaller scale. Also they should have had someone who wasn’t a lemonhead design their website, which is a joke.
Posted on 4/6/19 at 7:26 am to genuineLSUtiger
quote:
I remember a Sears executive calling the internet a "passing fad" sometime back in the mid 90's.
Yeah, I could see why they said this as they got burned on an ISP’s they helped start up and lost a ton of cash.
But, where Sears really lost was when they sold off their Credit Card Division to help prop up the company for some fast cash.
Think about the billions in debt they gave to customers that were paying minimums at 19-24% interest. I know default rates can be high, but at a time, I heard that Sears was so set in collecting their debt, they even sent attorneys for the smallest of bankruptcy cases to make sure they got their cut.
This post was edited on 4/6/19 at 7:27 am
Posted on 4/6/19 at 8:00 am to Tarps99
Seers should turn every store into an indoor baseball facility and dominate the travel ball scene.
Posted on 4/6/19 at 8:23 am to TigerNlc
quote:
Sears is one of the worst stores I've ever had to deal with.
And at one time they were one of the best. Times change and they didn't change with them.
The last couple times I was in the local Sear's I could have emptied a shotgun in any direction and hit nobody. Far cry from their heyday years.
Posted on 4/6/19 at 9:53 am to LSUFanHouston
I'm old enough to remember getting that 5 LB catalog in the mail and browsing through it for days on end. Sad story indeed.
Posted on 4/6/19 at 9:53 am to LSUFanHouston
We ridin'!
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