Sears/K-Mart Not Long For This World

[launderess]

Cheyne–Stokes respiration, vultures are circling, undertaker is measuring for the coffin....

http://www.usatoday.com/story/money...substantial-doubt-can-stay-business/99479726/

 

[tolivac]

Why all of the suffering----just close the places and end it already!

 

[washman]

sorry for the extra post, just saw this now.

 

Looks like they have precious little left to sell to pay day to day bills.  Already the Sears at my local mall closed but the Kmart is still open.........somehow.

 

[hunter]

just amazing.

The Sears catalogue was the "Amazon.com" of its day. How the mighty have fallen.

I miss the Sears stores I remember.

 

[vacerator]

Looks

like it's almost curtains. JCP is closing 130 stores, but can hold out on more now.
Many malls declining without shoppers with anchors like JCP, Macy's, Sax, Boscov's, Lord & Taylor left to pay for the upkeep now.
Odd how all business want the Govt. out of their business until the need bankruptcy court.
What a world. For the people by the people? Money talks. Walmart bought of every municipal govt. it wanted to open in. Small store owners never had a chance.
What happened to uniform commercial codes? They used to limit the distance a competitor could open in.
A trucker abandoned his broken down rig in sub zero weather and was fired in Minnesota some years ago. He may had froze to death had a good Samaritan not rescued him.
Federal justice Neil Gorsuch defended the trucking company and they won.
Makes me sick.

 

[fan-of-fans]

Noticed a Sears store about 45 minutes from me is closing, a big nice store last I went there. Built in 1996. The slightly smaller store in my town is still open, for now. It's well maintained, newer built in 2000, but rarely a line at the registers, few people around. I too noticed the TV department is a small selection compared to what it was, a lot of empty shelves in that department.

Kmart still looks good too, just empty.

I was wondering what would happen to the mall here if Sears, Kmart and JCPenney all went out. That would leave 3/5 of the mall's anchors empty. Hopefully it won't happen but if it did it wouldn't be good. Similar would happen at the mall where that other Sears is closing, except they don't have Kmart.

 

[gyrafoam]

Back in the late 60's my parents had a friend with years of seniority with Sears. She was saying then that new people were invading that did not get the Sears customer service culture.
So,I know even back then things were going down.

When I heard they dropped Whirlpool as Kenmore's manufacturers I knew it was only a matter of time.
It has taken a lot longer than I thought!

 

[ptcruiser51]

Ugh.

Kmart here in Boynton folded their tents in the 90s, then taken over by Winn-Dixie. W/D closed after a short time, it always "smelled bad" in there. We still have a Kmart north of here, but in an "iffy" 'hood.

We still have a nice Sears at the Boynton Mall, but I only go there to get watch batteries (I have lots of watches, most battery-powered). It's right next to appliance dept. Sometimes I'll wander over there while I'm waiting. Salesmen come after me like vultures! Appliances are "floored" just randomly it seems; at THD we had a plan for what goes where. Much easier to do an upsell or a step-down. IMHO.

Boynton Mall has two other anchor stores, Penney's and Macy's. Uh-oh! Mall's 4th anchor was a Dillard's, which has been shuttered since I moved here in 2012. Now it's undergone conversion to a "Church Of What's Happenin' Now", if you get my drift. Lots of parking was the draw for them.

If Sears closes, where will I go for batteries?

 

[duke]

And SEARS famous tools warrantied for life rules started changing  yearly.

 

[stricklybojack]

.
*Fahgettaboudit*

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