Sears maybe down to its last 24 hours. Iconic retailer likely liquidates if no bid comes in tomorrow - Page 3

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[ARCHIVED THREAD] - Sears maybe down to its last 24 hours. Iconic retailer likely liquidates if no bid comes in tomorrow (Page 3 of 6)

Posted: 12/28/2018 4:58:21 AM EST

[#1]

Sears by me closed. They're building a movie theater in its place.

Posted: 12/28/2018 5:07:49 AM EST

[#2]

What a awful sad decline. It seems like they really did nothing to actually stop it and doubled down on the stupid stuff. I remember going as a kid and then over the years since, and noticing the decline before the last few years even.

Posted: 12/28/2018 5:25:32 AM EST

[#3]

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Up until the 2000s they were fine

As a kid, they were the place to go.

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Bye Sears. You sucked.

Up until the 2000s they were fine

As a kid, they were the place to go.

That' about right.

Posted: 12/28/2018 5:33:10 AM EST

[#4]

This is what happens when a retailer with a large firearms department decides that they don't need to sell firearms anymore.

Posted: 12/28/2018 5:35:33 AM EST

[#5]

group buy?

Posted: 12/28/2018 5:40:48 AM EST

[#6]

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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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This.
Dude was a disaster maker.

Posted: 12/28/2018 6:05:18 AM EST

[#7]

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Lol, mom always wondered why those pages were torn, worn, bent and just outright abused

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Or missing

Posted: 12/28/2018 6:16:55 AM EST

[#8]

Never liked Sears especially the one in Pasadena Town Square Mall or Baybrook Mall. They had the attitude of we are the shit. They had the attitude that they were doing me a favor in selling the appliances, especially at Baybrook Mall. It's our way or the highway. Well I took the highway and went to every other motherfucking retailer out there. I do not see any appreciable service between the retailers selling their appliances so I just naturally seek the lowest bidder who could supply the appliances for my rental properties.

Fuck Sears.

Posted: 12/28/2018 6:18:25 AM EST

[#9]

When you fail to change and innovate this is what happens to a company.

Posted: 12/28/2018 6:49:27 AM EST

[#10]

Quote History

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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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Yes sir.

Posted: 12/28/2018 6:59:11 AM EST

[#11]

Evolve or die. Sears has been dying a slow death for over 20 years. I'm surprised it's taken this long.

Posted: 12/28/2018 7:09:34 AM EST

[#12]

I bought a replacement crisper drawer for a Sears fridge almost two years ago thru the website. Website crashed three times during the payment phase. Even though it took payment the third time, I got no email confirming the order. I had to place a phone call to complete the order. They would not ship to house, only to the local appliance center.

They said I would get an email in three days when the drawer arrived. On day five, after receiving no email, I called the 800 number (you couldn’t call the local appliance center) to see when it would arrive. Oh, it has been there for two days...

Go to appliance center, which looks post-apocalyptic, wait in line 20 minutes, they cannot find it, tell me to leave because it must not be there. Me: “No. Keep looking.” After another 10 minutes, they find it.

Sears deserves to die.

Posted: 12/28/2018 7:12:07 AM EST

[#13]

Quote History

Quoted:
Never liked Sears especially the one in Pasadena Town Square Mall or Baybrook Mall. They had the attitude of we are the shit. They had the attitude that they were doing me a favor in selling the appliances, especially at Baybrook Mall. It's our way or the highway. Well I took the highway and went to every other motherfucking retailer out there. I do not see any appreciable service between the retailers selling their appliances so I just naturally seek the lowest bidder who could supply the appliances for my rental properties.

Fuck Sears.

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That’s why I went to the sears outlet on Griggs. My mom is still using the kenmore appliances I bought her several years ago.

Posted: 12/28/2018 7:14:30 AM EST

[#14]

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Or missing

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Lol, mom always wondered why those pages were torn, worn, bent and just outright abused

Or missing

Oh, I'm sure she had some idea...

Posted: 12/28/2018 7:16:54 AM EST

[#15]

I believe I could have saved it as CEO.

Posted: 12/28/2018 7:18:32 AM EST

[#16]

I stopped shopping at Sears when they started importing all of their Craftsman tools from china. If I want chinese tools I'll go to harbor freight.

Posted: 12/28/2018 7:29:28 AM EST

[#17]

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Yes sir.

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Quoted:
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.

Yes sir.

For people who grew up in the 50s and 60s Sears and Montgomery Ward were retail in the US. Sears sold stuff people today would never dream of and it came via USPS. Pets, motorcycles, guns, farm & garden equipment all delivered in the mail.
It was a different time. Miss it but Sears did not evolve and these powerhouse companies all seem to have a life span then they anger in. Not sure what will replace Amazon but something will come along sooner or later.

Posted: 12/28/2018 7:31:31 AM EST

[#18]

Just stick the final nail 8n the coffin already.

Posted: 12/28/2018 7:35:42 AM EST

[#19]

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Bye Sears. You sucked.

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For the last dozen years or so, yes. Before that, Sears was an American heavyweight retailer for good reason.

It was my favorite store up until about the mid '00s. The decline began around '04-'06 and kept accelerating from there.

Posted: 12/28/2018 7:40:11 AM EST

[#20]

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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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They grossly missed the web based market, and also stopped stocking large items like a washer, refrigerators, things that when they break you need them now not next week. The dug their own hole.

Posted: 12/28/2018 7:40:47 AM EST

[#21]

Step one - Sell guns again.

Step two - Sell tools that don't suck. When harbor freight sells better quality tools at half the price your shit is fucked.

Posted: 12/28/2018 7:40:49 AM EST

[#22]

I bet their board was a bunch of old men who can't program a universal remote control or troubleshoot basic computer problems.

Sorry that faggot Bezos kicked your ass.

Posted: 12/28/2018 7:42:53 AM EST

[#23]

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Sears, when you started to make your crapsmans in China, i was out, how stupid, even a drug addicted high school drop out wouldn't of sent crapsman to china

https://www.AR15.Com/media/mediaFiles/219796/coke_jpg-787543.JPG

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Yep. One of the biggest miscalculations in retail history. Sears died to me when Craftsman production went there, and I was a regular, loyal customer. Suffice to say many other people felt the same way.

Posted: 12/28/2018 7:48:14 AM EST

[#24]

Quote History

Quoted:
They grossly missed the web based market, and also stopped stocking large items like a washer, refrigerators, things that when they break you need them now not next week. The dug their own hole.

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Quoted:

Quoted:
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.

They grossly missed the web based market, and also stopped stocking large items like a washer, refrigerators, things that when they break you need them now not next week. The dug their own hole.

Which is exactly why my local Sears Appliance franchise has and will continue to survive the failure of Sears corporate (apparently their franchise lets them continue on even if big Sears fails). They have a good selection of high quality appliances and lawn equipment at decent prices, available to load in your truck immediately.

I've bought multiple fridges, freezers, dishwashers, etc... from them.

Posted: 12/28/2018 7:54:59 AM EST

[#25]

Went there a few years ago to buy a washer and dryer.
Was treated like a second class citizen

Went to Lowes and was treated great.

I had all Craftman tools and still do (They all say made in USA)

Once they went to China I stopped buying them.
I can get cheap China made tools cheaper at Lowes as well.

I bought a drone from Bestbuy because they matched Amazon.

Fuck Sears.
If you can't run a company right you will run it wrong and into the ground.

Posted: 12/28/2018 8:00:47 AM EST

[#26]

Quote History

Quoted:
Went there a few years ago to buy a washer and dryer.
Was treated like a second class citizen

Went to Lowes and was treated great.

I had all Craftman tools and still do (They all say made in USA)

Once they went to China I stopped buying them.
I can get cheap China made tools cheaper at Lowes as well.

I bought a drone from Bestbuy because they matched Amazon.

Fuck Sears.
If you can't run a company right you will run it wrong and into the ground.

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I go to Best Buy more now. They will price match any online retailer, and I don't have to wait to get something.

Posted: 12/28/2018 8:09:54 AM EST

[#27]

After the Craftsman tools went to China the place was dead to me. Build your reputation and loyalty on Made in USA then sellout and expect me to stay? Ha, no.

Posted: 12/28/2018 8:11:27 AM EST

[#28]

Quote History

Quoted:

Which is exactly why my local Sears Appliance franchise has and will continue to survive the failure of Sears corporate (apparently their franchise lets them continue on even if big Sears fails). They have a good selection of high quality appliances and lawn equipment at decent prices, available to load in your truck immediately.

I've bought multiple fridges, freezers, dishwashers, etc... from them.

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I went to one and was less than impressed.

Half were returns and clearly used. 1/3 of those looked like they were dropped off a cliff.

They were barely discounted over a new one.
.
.
Then the manager/employees could care less if people were there.

Posted: 12/28/2018 8:36:09 AM EST

[#29]

Quote History

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A Corporate Tragedy, 2.0. Lampert should have read the first version, unless this was his intention all along, which I suspect.

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I agree, I think he knew what he was doing all along.

Posted: 12/28/2018 8:48:05 AM EST

[#30]

Quote History

Quoted:
Up until the 2000s they were fine

As a kid, they were the place to go.

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True. The local store is already toast and down to a few floor model appliances and unwanted clothing. Sad to see, but deserved based on their shitty customer service.

Posted: 12/28/2018 8:56:58 AM EST

[#31]

Sears could have owned the internet retail business but they were too slow to adjust. While Amazon was on the rise they dicked around and are paying the price.

Posted: 12/28/2018 9:15:26 AM EST

[#32]

Quote History

Quoted:
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.

View Quote

It's not so much what you sell, but how quickly and cheaply you get it to the customers. Wal-Mart and Amazon are largely distribution companies. Wal-Mart grew from figuring out 1)an underserved lower middle class suburban market existed; 2) how to run on razor thin margins, much of which involved integrating its own supply chain; and 3) using volume purchasing to force manufacturers to lower their wholesale prices. Wal-Mart and Amazon both brought completely different, bottom to top approaches to retail. They have re-shaped the market, each in different ways. Sears is hardly alone among big-box retailers that have gone under. Their survival involved a lot more than a website or selling or not selling this or that. Wal-Mart is really fascinating to me.

Posted: 12/28/2018 9:17:10 AM EST

[#33]

It’s dead Jim. Leave it alone.

Posted: 12/28/2018 9:24:47 AM EST

[#34]

RIP Toughskins

Colored jeans will never be the same.

Posted: 12/28/2018 9:32:56 AM EST

[#35]

Ifhedieshedies.jpg

Posted: 12/28/2018 9:35:02 AM EST

[#36]

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The Sears lingerie section was my go to for mastubatory stimulation in my misspent youth.

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Truer words have never been spoken

Posted: 12/28/2018 9:38:23 AM EST

[#37]

Quote History

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I agree, I think he knew what he was doing all along.

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Quoted:
A Corporate Tragedy, 2.0. Lampert should have read the first version, unless this was his intention all along, which I suspect.

I agree, I think he knew what he was doing all along.

It may not be that he knew what he was doing all along... it's that he knows no different.

Building things isn't what Hedge Fund people do. They're loan sharks.

Posted: 12/28/2018 9:39:40 AM EST

[#38]

Quote History

Quoted:
This is what happens when a retailer with a large firearms department decides that they don't need to sell firearms anymore.

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I can remember as a kid going in to see Santa Claus at Christmas and walking by their huge firearms display case.........even went with my grandfather when he bought a couple of guns from them. KMart sold a lot of great guns as well, till they folded to Rosie O' Donut's pressure

Posted: 12/28/2018 9:40:10 AM EST

[#39]

Quote History

Quoted:
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.

View Quote

This.

Posted: 12/28/2018 9:45:30 AM EST

[#40]

sear's

68k employees

Posted: 12/28/2018 10:15:57 AM EST

[#41]

Quote History

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I go to Best Buy more now. They will price match any online retailer, and I don't have to wait to get something.

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Yep, we just purchased a new upright freezer from Best Buy. There are no Sears stores within 100 miles of me still open, and while looking for something else my wife spotted the freezer she liked.

Previously, all of our appliances were Kenmore except for the dishwasher which is a Maytag. And we bought that from Sears strangely enough.

Our refrigerator and stove are Kenmore. Same with our washer / dryer setup. Those are getting long in the tooth, so we'll be replacing them with other brands most likely from Best Buy.

Posted: 12/28/2018 10:18:08 AM EST

[#42]

Time to put that old dog down

Posted: 12/28/2018 10:21:39 AM EST

[#43]

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Amazon is the 21st century Sears

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sears could have been the 21st century sears if they just transitioned their catalog to internet sales starting in the 90s

Posted: 12/28/2018 10:22:43 AM EST

[#44]

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https://99percentinvisible.org/app/uploads/2018/09/1908_132.jpg

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damn I need to get a trunk room in my house

Posted: 12/28/2018 10:26:29 AM EST

[#45]

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Quoted:
Bye Sears. You sucked.

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They fucked me when I worked for them while in college. Fuck them, I'll shed no tears...

They closed my store. Media showed up and they told the media we would all get positions in other stores. Once the cameras were gone they said fuck you. Oh but we need you to help close the store down.

I found another 2 bit job and let them deal with closing that store. This was back in 91 best I remember.