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Posted: 12/27/2018 11:17:06 PM EST
[#1]
Quote HistoryQuoted:
There are many department stores trying to get American buisiness. Sears had a genius idea to sell a full line of quality tools. This meant sears was the only store that had a draw for the dad of the family. I don’t think sears has ever fully understood the point when they were doomed was when they handed the dad a rebuilt used ratchet rather than a new one off the shelf. And the huge miss of not putting the catalog online. Quote HistoryQuoted:
Quoted: Yep their downfall is their own doing. I remember being able to go buy quality tools from them if I was missing something. That time has long passed. I don’t think sears has ever fully understood the point when they were doomed was when they handed the dad a rebuilt used ratchet rather than a new one off the shelf. And the huge miss of not putting the catalog online. |
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Posted: 12/27/2018 11:19:08 PM EST
[#2]
Quote HistoryQuoted:
He ran that store into the ground. He should have never been Chairman or CEO. He has no idea about retail stores and his decisions proved to be the downfall of Sears.  Normally a Hedge fund either cuts up and parts out a company it buys quickly for maximum profit, or it orders basic fixed to improve its performance and flips the company as a whole. Either way, the Hedge fund usually wants to get in and get out.And when one does hang onto the company, they generally do everything they can to make it do well. I think Lampert decided to see if he could milk a company like Sears for more money than just selling it, and using it as a collateral base for investment using loans through a slow motion death, using separate incorporations for the retail ops that paid rent to the property side. And each time Sears got loans or bailouts the legal separation of the property side meant it could just keep the rent money as the retail side got bailed out over and over again. And all the property is still a ton of collateral, even if it was in distressed shopping malls, and they could use it to get big institutional loans at low rates, and go make 10-15% on those low single digit loans in the stock market. How Lampert ran around terrorizing the Sears Retail sides management, and his oddball consumer loyalty card/points system, but did nothing to address the fundamental problems Sears retail had was a two pronged strategy. 1. It was all a show so that there was a big paper trail of him "managing" Sears, which would protect him from malpractice lawsuits by Sears retail side creditors. It's hard to prove willful mismanagement, as long as there's a decent facade of "See? I tried!" that the defense can put up as a smokescreen. 2. On the slim teeny-tiny chance Sears bounced back, no matter why it actually did, Lampert would be hailed as a genius. Obviously a huge long shot, but no big deal, because #1 was the important part. As was legally funneling all that money into his Hedge fund. |
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Posted: 12/27/2018 11:19:52 PM EST
[#3]
Quote HistoryQuoted: There are many department stores trying to get American buisiness. Sears had a genius idea to sell a full line of quality tools. This meant sears was the only store that had a draw for the dad of the family. I don’t think sears has ever fully understood the point when they were doomed was when they handed the dad a rebuilt used ratchet rather than a new one off the shelf. And the huge miss of not putting the catalog online. |
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Posted: 12/27/2018 11:20:09 PM EST
[#4]
I hate to see them go, but I haven't darkened their doors in a decade. They had the perfect set up to move from mail order to internet orders, but missed the opportunity. I feel bad for the 70K employees. Hopefully Amazon and others will pick them up.
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Posted: 12/27/2018 11:22:43 PM EST
[#5]
Their biggest mistake was not adapting the model they created ( offer goods in a catalog) to meet the future, i.e. the internet. They could have been the first "Amazon".
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Posted: 12/27/2018 11:24:00 PM EST
[#6]
Sears screwed me over. Good riddance.
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Posted: 12/27/2018 11:24:43 PM EST
[#7]
Quote HistoryQuoted:
I think that Lampert always knew exactly what he was doing. Normally a Hedge fund either cuts up and parts out a company it buys quickly for maximum profit, or it orders basic fixed to improve its performance and flips the company as a whole. Either way, the Hedge fund usually wants to get in and get out.And when one does hang onto the company, they generally do everything they can to make it do well. I think Lampert decided to see if he could milk a company like Sears for more money than just selling it, and using it as a collateral base for investment using loans through a slow motion death, using separate incorporations for the retail ops that paid rent to the property side. And each time Sears got loans or bailouts the legal separation of the property side meant it could just keep the rent money as the retail side got bailed out over and over again. And all the property is still a ton of collateral, even if it was in distressed shopping malls, and they could use it to get big institutional loans at low rates, and go make 10-15% on those low single digit loans in the stock market. How Lampert ran around terrorizing the Sears Retail sides management, and his oddball consumer loyalty card/points system, but did nothing to address the fundamental problems Sears retail had was a two pronged strategy. 1. It was all a show so that there was a big paper trail of him "managing" Sears, which would protect him from malpractice lawsuits by Sears retail side creditors. It's hard to prove willful mismanagement, as long as there's a decent facade of "See? I tried!" that the defense can put up as a smokescreen. 2. On the slim teeny-tiny chance Sears bounced back, no matter why it actually did, Lampert would be hailed as a genius. Obviously a huge long shot, but no big deal, because #1 was the important part. As was legally funneling all that money into his Hedge fund. Quote HistoryQuoted:
Quoted:
He ran that store into the ground. He should have never been Chairman or CEO. He has no idea about retail stores and his decisions proved to be the downfall of Sears. Normally a Hedge fund either cuts up and parts out a company it buys quickly for maximum profit, or it orders basic fixed to improve its performance and flips the company as a whole. Either way, the Hedge fund usually wants to get in and get out.And when one does hang onto the company, they generally do everything they can to make it do well. I think Lampert decided to see if he could milk a company like Sears for more money than just selling it, and using it as a collateral base for investment using loans through a slow motion death, using separate incorporations for the retail ops that paid rent to the property side. And each time Sears got loans or bailouts the legal separation of the property side meant it could just keep the rent money as the retail side got bailed out over and over again. And all the property is still a ton of collateral, even if it was in distressed shopping malls, and they could use it to get big institutional loans at low rates, and go make 10-15% on those low single digit loans in the stock market. How Lampert ran around terrorizing the Sears Retail sides management, and his oddball consumer loyalty card/points system, but did nothing to address the fundamental problems Sears retail had was a two pronged strategy. 1. It was all a show so that there was a big paper trail of him "managing" Sears, which would protect him from malpractice lawsuits by Sears retail side creditors. It's hard to prove willful mismanagement, as long as there's a decent facade of "See? I tried!" that the defense can put up as a smokescreen. 2. On the slim teeny-tiny chance Sears bounced back, no matter why it actually did, Lampert would be hailed as a genius. Obviously a huge long shot, but no big deal, because #1 was the important part. As was legally funneling all that money into his Hedge fund. |
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Posted: 12/27/2018 11:25:11 PM EST
[#8]
Quote HistoryQuoted:
I can't help but think that with the right vision, and execution, Sears could be come the number one competitor to both Wal-Mart and Amazon, if they really tried. A higher class of products than Wal-Mart with the selection and ease of purchase of Amazon. |
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Posted: 12/27/2018 11:29:32 PM EST
[#9]
Quote HistoryQuoted:
A rebuilt Chinese ratchet to replace the American made one I paid good money for. That was when I quit going to Sears. Quote HistoryQuoted:
Quoted:
Quoted: Yep their downfall is their own doing. I remember being able to go buy quality tools from them if I was missing something. That time has long passed. I don’t think sears has ever fully understood the point when they were doomed was when they handed the dad a rebuilt used ratchet rather than a new one off the shelf. And the huge miss of not putting the catalog online. 
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Posted: 12/27/2018 11:31:31 PM EST
[#10]
How big is Eddie Lampert's 'golden parachute' even if Sears closes?
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Posted: 12/27/2018 11:34:26 PM EST
[#11]
Quote HistoryQuoted:
Bye Sears. You sucked. |
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Posted: 12/27/2018 11:39:56 PM EST
[#12]
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Posted: 12/27/2018 11:41:49 PM EST
[#13]
Quote HistoryQuoted:
This was precisely what happened to me. For me it was a broken, American made 1/2" ratchet Quote HistoryQuoted:
Quoted:
Quoted:
Quoted: Yep their downfall is their own doing. I remember being able to go buy quality tools from them if I was missing something. That time has long passed. I don’t think sears has ever fully understood the point when they were doomed was when they handed the dad a rebuilt used ratchet rather than a new one off the shelf. And the huge miss of not putting the catalog online. |
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Posted: 12/27/2018 11:43:53 PM EST
[#14]
Quote HistoryQuoted: I think that Lampert always knew exactly what he was doing. Normally a Hedge fund either cuts up and parts out a company it buys quickly for maximum profit, or it orders basic fixed to improve its performance and flips the company as a whole. Either way, the Hedge fund usually wants to get in and get out.And when one does hang onto the company, they generally do everything they can to make it do well. I think Lampert decided to see if he could milk a company like Sears for more money than just selling it, and using it as a collateral base for investment using loans through a slow motion death, using separate incorporations for the retail ops that paid rent to the property side. And each time Sears got loans or bailouts the legal separation of the property side meant it could just keep the rent money as the retail side got bailed out over and over again. And all the property is still a ton of collateral, even if it was in distressed shopping malls, and they could use it to get big institutional loans at low rates, and go make 10-15% on those low single digit loans in the stock market. How Lampert ran around terrorizing the Sears Retail sides management, and his oddball consumer loyalty card/points system, but did nothing to address the fundamental problems Sears retail had was a two pronged strategy. 1. It was all a show so that there was a big paper trail of him "managing" Sears, which would protect him from malpractice lawsuits by Sears retail side creditors. It's hard to prove willful mismanagement, as long as there's a decent facade of "See? I tried!" that the defense can put up as a smokescreen. 2. On the slim teeny-tiny chance Sears bounced back, no matter why it actually did, Lampert would be hailed as a genius. Obviously a huge long shot, but no big deal, because #1 was the important part. As was legally funneling all that money into his Hedge fund. |
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Posted: 12/27/2018 11:46:38 PM EST
[#15]
The downfall of Sears started when they blew off Wal-Mart.
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Posted: 12/27/2018 11:55:42 PM EST
[#16]
Quote HistoryQuoted:
What a sad situation, but I'm surprised they lasted this long. 60k+ folks are on the verge of losing employment, a classic American retail instuition is about to disappear and this will likely be the final nail in the coffin for hundreds of malls across the country. All due to a series of management failures to adapt to obvious changes in the marketplace. Sears/Kmart should've been Amazon. If Sears/Kmart ends up liquidating I would not be surprised if they if they kick off a retail level commercial real estate crisis. The amount of leveraged real estate tied up in these companies must be in the hundreds of billions. Not good...  Malls that are still viable but also still have a Sears will generally be happy to get the space back. And since Sears owns many (possibly the majority) of their spaces, that's the only value they have left. I know of several strong malls where they have been trying to buy the Sears space. But I've been told that Sears was very dodgy about it when contacted. They could never get a straight answer about what Sears was going to do. |
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Posted: 12/27/2018 11:58:43 PM EST
[#17]
Quote HistoryQuoted: I think that Lampert always knew exactly what he was doing. Normally a Hedge fund either cuts up and parts out a company it buys quickly for maximum profit, or it orders basic fixed to improve its performance and flips the company as a whole. Either way, the Hedge fund usually wants to get in and get out.And when one does hang onto the company, they generally do everything they can to make it do well. I think Lampert decided to see if he could milk a company like Sears for more money than just selling it, and using it as a collateral base for investment using loans through a slow motion death, using separate incorporations for the retail ops that paid rent to the property side. And each time Sears got loans or bailouts the legal separation of the property side meant it could just keep the rent money as the retail side got bailed out over and over again. And all the property is still a ton of collateral, even if it was in distressed shopping malls, and they could use it to get big institutional loans at low rates, and go make 10-15% on those low single digit loans in the stock market. How Lampert ran around terrorizing the Sears Retail sides management, and his oddball consumer loyalty card/points system, but did nothing to address the fundamental problems Sears retail had was a two pronged strategy. 1. It was all a show so that there was a big paper trail of him "managing" Sears, which would protect him from malpractice lawsuits by Sears retail side creditors. It's hard to prove willful mismanagement, as long as there's a decent facade of "See? I tried!" that the defense can put up as a smokescreen. 2. On the slim teeny-tiny chance Sears bounced back, no matter why it actually did, Lampert would be hailed as a genius. Obviously a huge long shot, but no big deal, because #1 was the important part. As was legally funneling all that money into his Hedge fund. |
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Posted: 12/27/2018 11:59:21 PM EST
[#18]
Quote HistoryQuoted:
Up until the 2000s they were fine As a kid, they were the place to go. Quote HistoryQuoted:
Quoted:
Bye Sears. You sucked. As a kid, they were the place to go. |
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Posted: 12/28/2018 12:09:22 AM EST
[#19]
I was just in the Sears store in Mansfield Ohio on the 23rd. It is in the Richland Mall.
It was actually quite sad to be in there, probably for the last time. I remember going there since I was 5, I'm 34 now. Used to be super busy, that day hardly anyone around. Store used to be decorated for the holidays, that day half of it was bare. The escalator was broken even, this was a 2 story sears in the mall. The bottom was tools, lawn stuff, beds and appliances. I remember picking out a tool to buy my dad for Christmas every year for a long time as a child. Grown up, I bought all my hand tools from Sears until about 8 years ago. I jumped out before they went Chinese. What a complete moron that made that decision should be shot. After that I barely bought anything there again. I could go to Harbor Freight or Home Depot to get the same things and maybe even better. The last realization in came to while walking around in Sears is that it has literally looked the same since I was 5. They never even moved the shelving around in almost 30 years. |
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Posted: 12/28/2018 12:09:32 AM EST
[#20]
Quoted:
In his five-year reign as CEO and even longer term as chairman, Lampert has largely run the company like the hedge-fund manager he once was, say former executives, employees and people familiar with his thinking. That meant investing less in its stores and advertising, believing such investments were optional. |
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Posted: 12/28/2018 12:15:17 AM EST
[#21]
I worked at a catalog center at the start of the internet age. they could easily have been the Amazon of today. they had the market share, the infrastructure, and the financial means (Discovercard)
They failed to adapt. Another "buggy cart whip" bankruptcy |
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Posted: 12/28/2018 12:18:25 AM EST
[#22]
I feel bad for the employees.
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Posted: 12/28/2018 12:22:54 AM EST
[#23]
Quote HistoryQuoted: I tend to agree with you. Conditions have improved since 2008 but most of it is fueled by debt and its still a trainwreck behind the scenes. Go to any Wal-Mart in rural TN or AL on welfare day and observe how the parking lot is packed to capacity with hundreds of able bodied people slothing around redeeming their SNAP vouchers. Clearly this is not a sign of a healthy and stable society. The real world unemployment and underemployment numbers are not 4% for sure. I get a chuckle out of the local companies complaining they can't find workers for $10 an hour. Welcome to 2018 where the average welfare rat is making twice that sitting on their ass . I think the entire system is a house of cards at this point. 22 trillion in debt, 1+trillion yearly deficits and growing and the average guy is in debt up to his eyeballs with almost no savings. And the workforce participation rate, which is even more "real" than U6 is also rising. As have aggregate wages adjusted for inflation. Not a lot, I admit, but "up" at all after a decade of being absolutely flat is a good thing. I don't disagree on the debt. If anything, screw the 22 Trillion number. Counting unfunded liabilities, future interest, SSI, Medicare/Medicaid, .gov and .mil pensions etc, the more realistic number is 210 Trillion. It looks like everyone has just given up on that, save for the hard core Ron/Rand Paul types. There is simply no way to pay it back. No conceivable economic boom will shrink it. Not even Zimbabwe/Venezuela levels of inflation will shrink it. Even if you ignore that if that happens everyone will be hunting the neighbors pets for meat. I think that the DC Beltway crowd and the Fed, even Trump are now just working on the assumption that with the debt big enough, it's just the economic version of nuclear war MAD, and nobody will ever dare let the ball drop. There's been an upswing in "The debt isn't a bad thing" articles over the past few years. That it shows investor confidence that they're willing to keep buying T Bill's at such low rates. That the fed.gov isn't like a family, a business, or even any individual state because it isn't cash constrained, and can just print money. And that's "okay" as long as GDP matches the debt, and inflation is under control. Meh. Whatever. The die for this was cast when Nixon took us off the gold standard for fiat currency. And like all others in history, fiat currency works fine, until it dosen't. |
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Posted: 12/28/2018 12:26:05 AM EST
[#24]
My big brother was a sears catalog women's section bras and underwear page sticking together mofo. I remember finding out why
 I didn't know the deal. Hell I was checking out the shiny red mini bikes and go carts and gi joe's.I liked their screw drivers and nut drivers. Great tips. Not bad tools. I never broke any so I never got to test that life time replacement. Except for the 3 19mm sockets I broke on that stupid 22r flywheel but I didn't want sears to know I was an idiot so I didn't try to replace them. |
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Posted: 12/28/2018 12:26:22 AM EST
[#25]
Quote HistoryQuoted:
Our mall has a Sears appliance store (they only sell appliances/TVs/tools). I wonder what will end up happening to them? |
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Posted: 12/28/2018 12:30:55 AM EST
[#26]
Quote HistoryQuoted:
When I was a kid, there was no better sight than that of the Sears Christmas catalog in the mailbox. The stuff dreams were made of. But that was a long time ago. Sears could have been the original Amazon, but they fucked it up. |
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Posted: 12/28/2018 12:31:27 AM EST
[#27]
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Posted: 12/28/2018 12:34:50 AM EST
[#28]
Went to the SEARS Tower this summer. A sweet chunk of real estate.
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Posted: 12/28/2018 12:36:10 AM EST
[#29]
Last time I was in one the employees looked like they were the band members on the Titanic taking a break.
Let it sink. |
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Posted: 12/28/2018 12:59:28 AM EST
[#30]
Quote HistoryQuoted:
If a mall is actually hurt by a Sears leaving, then it's already basically dead. Malls that are still viable but also still have a Sears will generally be happy to get the space back. And since Sears owns many (possibly the majority) of their spaces, that's the only value they have left. I know of several strong malls where they have been trying to buy the Sears space. But I've been told that Sears was very dodgy about it when contacted. They could never get a straight answer about what Sears was going to do. We built a brand new outdoor mall 07, Obama capsized the economy and over the the next 8 yrs..Belk, Best Buy pulled chocks..and slowly one by one the tenants left.. CC put in a no low income bid option so it saved it from becoming a 700,000 sq ft skid row with check cashing, pay day loans and Liquor stores from moving in..but it's a ghost town.. they did manage to build a trampoline park in it.. |
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Posted: 12/28/2018 1:10:29 AM EST
[#31]
Quote HistoryQuoted:
Let him win more by sinking his own money into the dumpster fire, he rented, filled, and lit. Quote HistoryQuoted:
Quoted:
He ran that store into the ground. He should have never been Chairman or CEO. He has no idea about retail stores and his decisions proved to be the downfall of Sears. |
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Posted: 12/28/2018 1:15:33 AM EST
[#32]
Quote HistoryQuoted: I think that Lampert always knew exactly what he was doing. Normally a Hedge fund either cuts up and parts out a company it buys quickly for maximum profit, or it orders basic fixed to improve its performance and flips the company as a whole. What Happened To Sears Fast forward to 6:45 for the part about Lampert |
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Posted: 12/28/2018 1:26:07 AM EST
[#33]
Quote HistoryQuoted:
I live in one of those. |
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Posted: 12/28/2018 1:38:06 AM EST
[#34]
Quote HistoryQuoted:
I'm not sure why, but this makes me sad. |
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Posted: 12/28/2018 1:43:57 AM EST
[#35]
Hard to believe that once Sears wholly owned an investment management firm, Dean Witter, and had Investment Representatives in the stores.
Eventually Dean Witter got sold off and Morgan Stanley merged with it. |
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Posted: 12/28/2018 2:28:50 AM EST
[#36]
Good thing my wife got some Christmas gifts returned today then.
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Posted: 12/28/2018 2:31:36 AM EST
[#37]
Quote HistoryQuoted:
Our mall has a Sears appliance store (they only sell appliances/TVs/tools). I wonder what will end up happening to them? |
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Posted: 12/28/2018 2:37:10 AM EST
[#38]
Goodbye! |
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Posted: 12/28/2018 3:06:00 AM EST
[#39]
 Sears 'Where America Shops' Commercial (1976) |
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Posted: 12/28/2018 3:14:33 AM EST
[#40]
Quote HistoryQuoted: Commercial retail shopping centers use these retail behemoths(Target, Walmart, Sears etc) as anchors..to draw consumers. They in turn lower the cost for the tenants in the shopping center..you lose your anchor stores, everything goes up. you'll see a mass exodus from tenants who were barely surviving the astronomical operation cost associated with rental space. We built a brand new outdoor mall 07, Obama capsized the economy and over the the next 8 yrs..Belk, Best Buy pulled chocks..and slowly one by one the tenants left.. CC put in a no low income bid option so it saved it from becoming a 700,000 sq ft skid row with check cashing, pay day loans and Liquor stores from moving in..but it's a ghost town.. they did manage to build a trampoline park in it.. Put the retail guns in the former KB Toys and boom- you have a perfect anchor for panda express. Gotta have dark clouds for there to be a silver lining. |
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Posted: 12/28/2018 3:15:58 AM EST
[#41]
The biggest corporate acrew up in history.
Sears Roebuck had the distribution / warehouse setup Amazon could dream of, coupled with mailing lists and loyalty of entire families going back 100years, in that they had auto service shops that dwarfed Coscos reach. Sears was: Walmart, Costco, fleet farm and Amazon rolled into one. Amazing Fall. |
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Posted: 12/28/2018 3:16:21 AM EST
[#42]
In the late eighties and early nineties, their management was very unwilling to use electronics less than ten years old and were very much against change. They were very much into profit, but only by pressuring their employees to sell more grossly overpriced merchandise. Staff and employee meetings with management would literally have dozens of cost saving and profit increasing ideas, but management would be unwilling to implement changes even they said made more sense. Didn’t take me long to find another line of work. I’m extremely surprised they’ve lasted as long as they have.
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Posted: 12/28/2018 3:18:06 AM EST
[#43]
Quote HistoryQuoted:
Hard to believe that once Sears wholly owned an investment management firm, Dean Witter, and had Investment Representatives in the stores. Eventually Dean Witter got sold off and Morgan Stanley merged with it. |
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Posted: 12/28/2018 3:23:07 AM EST
[#44]
Quote HistoryQuoted:
I worked at a catalog center at the start of the internet age. they could easily have been the Amazon of today. they had the market share, the infrastructure, and the financial means (Discovercard) They failed to adapt. Another "buggy cart whip" bankruptcy Visiting now, it seems to have been given a thin veneer of usability since the last time I used it. Too bad there's nothing they sell that I would want to buy. Craftsman? Aside from parts for a bandsaw or something I don't own, I have a thousand places to buy shitty Chinesium tools. |
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Posted: 12/28/2018 3:31:04 AM EST
[#45]
Quote HistoryQuoted:
He ran that store into the ground. He should have never been Chairman or CEO. He has no idea about retail stores and his decisions proved to be the downfall of Sears. It was the previous CEOs who had zero experience in computers. If you guys remember Sears had an extensive mail-order/catalog operation. Previous management shut down the mail-order/catalogue operations and went with bricks & mortar stores. Sears at that point had like 80-90% of the infrastructure in place to do on-line ordering, all they needed with the front-end user interface. Back then you called on the phone to place a catalog order. IF the previous management had kept the mail-order/catalogue operation, you probably would've never heard of Amazon. |
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Posted: 12/28/2018 3:58:26 AM EST
[#46]
"Cohen takes a more cynical view. "This is all just a perversion of our free-market system," he says. "This is the actions of a controlling shareholder treating a company as if it is truly private, with no oversights, no constructive oversight whatsoever, with no intent to protect any of the requisite constituencies other than essentially himself."
"[Lampert] is a guy who may have harbored some notion of running this business, but if he did he's pivoted to just simply manipulating it, if you will, for his own benefit. . . . This is the creative destruction of a very weak brand [Kmart] and a perfectly viable brand [Sears], both of which together were doing something like $50 billion when he took over, and he's getting away with it because he's been able to treat this like a private company. No public company would ever allow a chief executive officer to remain in their seat who was so intimately tied to these manipulations and presiding over the failure of a business like this. This is not normal, if anything is normal these days. This is certainly not normal." - Vanity Fair March 25, 2018 |
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Posted: 12/28/2018 4:05:12 AM EST
[#47]
Looking forward to the close-out sales near me..
Even though it'll all say 70% off and still be the original price.. |
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Posted: 12/28/2018 4:09:39 AM EST
[#48]
Quote HistoryQuoted:
Looking forward to the close-out sales near me.. Even though it'll all say 70% off and still be the original price.. |
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Posted: 12/28/2018 4:36:20 AM EST
[#49]
Quote HistoryQuoted:
Just close it down already. Everyone knows it is done and over, just turn the lights off and make it official. At the end of all of this, all that will be left is some memories and a case study in some management textbooks about how shitty management and an unwillingness to change can kill a dominant company. |
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Posted: 12/28/2018 4:47:30 AM EST
[#50]
I was in a Sears store a few months ago trying to buy the last few sockets I need.
There was a man in front of me buying a gas mower, he bought a three year warranty. 
All of us behind him in line just looked at each other wondering what he was doing. |
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