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More Sears stores closing.
EVILDR235
Member Posts: 4,398 ✭✭
Just read this morning that 72 more Sears stores are closing. It does not surprise me. Online sales like Amazon along with no more catalogs drove more nails in the coffin. Switching to China to make their tools drove in a lot more. Our local store a few years ago started asking for a sales slips when returning damaged tools. I have Craftsman tools I bought over 40 years ago and tossed the sales slips because they were not needed to replace a tool. Their own website is a joke. The last time I went in our local store I had to walk around half the store to find a salesperson and the store was dirty. There was two racks of men's coats turned over and laying on the floor. Adios Sears.
Jose.
Jose.
Comments
While Amazon is certainly a factor Sears could have moved the same direction. I think Eddie Lampert is an idiot although he obviously made more money then I ever will.
Lampert became rich before to took over management of Sears. Not sure now but he had over 500 million of his own money invested in sears.
He may not be as rich as he was.
He was an idiot when it came to operating Sears, not sure if he had any retail experience prior to being CEO of Sears Holdings.
Now that craftsman tools are popping up in Lowe?s, and ace hardware there is zero reason for me to drive to a Sears.
Local place I like to shop at Jerry's Home Improvement has started carrying craftsman. Have not been into a sears in years and mine was already closed.
They carry Craftsman hardware good, home appliances, mowers and some more.
They are doing well, by getting the business since the big box Sear store closed 20 miles away.
Kmart in town closed in town this year too.
This is a clear instance of evolve or die.
Jose.
I started buying tools at one when I was 18 and a shopping mall had opened up about 15 miles from us .
also as a kid on the rare occasion we managed to get a sears Christmas catalog .. OMG it was just a kids dream book just to know so many toys existed was ow inspiring and of course by Christmas wearing the book out just dreaming ..
my cousins in Tennessee liked them too but but different reasons ( as in out house and TP )
think of all the things some one could buy from sears when they were king of the mail order even a house at one time delivered in kit form to you
Jose.
We have a Local Sears Hometown store, it's been here for over 20 years. They are an independent owned operator that owns the Business, just using Sears as a Supplier.
They carry Craftsman hardware good, home appliances, mowers and some more.
They are doing well, by getting the business since the big box Sear store closed 20 miles away.
Kmart in town closed in town this year too.
We just had a Sears Hometown open here. I haven't been there yet, but have heard good things.
The closest Sears store is about 15-20 miles from us and last I heard it isn't doing very well.
Jon
I said the same thing when Woolworths shut down and took away the last soda fountain here. I have a lot of good memories of old loves at that place!
I may be kind of a dinosaur but I DO like to shop at brick and mortar places, putting my hands on the stuff I take home.
In the seventies I became a carpenter, and Sears made the best tools!
Imagine that, made in America. The Skilsaw from Sears was the first and the last word in a high quality circular saw.
I got in to working on cars and of course bought Craftsman tools, top quality and a lifetime warranty.
Sears was an American institution. Sad to see 'em go.
Now that craftsman tools are popping up in Lowe?s, and ace hardware there is zero reason for me to drive to a Sears.
Provided you like the Chinese craftsmen that now make Craftsman.[xx(]
Out of curiosity I checked their web site and they said they had some leather gloves in XXL (and not much else) so I went in and looked for them.
No gloves but some odds and ends left over.
They did have some tool sets that were marked down 20%. Too a look -- 320 piece tool set had 8 wrenches and over 100 screwdriver bits.
Nothing I could use[xx(]
I started using a Craftsman tool set in the early '60's but looks like it's the end of the line for them.
Wait until The Red Chinese Auto's get here! You have not seen anything yet! The International Oligarchical Business will run the world soon enough.
serf
https://www.usatoday.com/story/money/cars/2018/01/15/gac-motor-detroit-auto-show/1034111001/
GAC Motor President Yu Jun said the company would establish a North American sales division to serve as the legal division through which it will enter the U.S. market. And the company is opening R&D centers in Detroit and Los Angeles after already establishing one in Silicon Valley.
https://chinaeconomicreview.com/china-latin-america-trade-more-than-meets-the-eye/
While it is true that some Latin American countries do export raw materials to China, generalizing this to the whole of Latin America is an oversimplification. Latin America is a vast region whose diversity is reflected in each country?s individual export and import markets. Particularly in the northern states, there is a trend toward the export of manufactured high value-added goods related to technology industries. The development of these markets is an important source of economic growth in the exporting countries, creating higher-quality jobs and more sophisticated production chains.
Take the examples of Mexico, Costa Rica and El Salvador. Mexico was China?s second-largest trading partner in Latin America in 2016, with a current account balance sheet of around $43 billion. Its top five exports to China are integrated circuits, copper ore, vehicle parts, medical instruments and cars. Key Costa Rican exports to China are semiconductor devices, electrical parts, medical instruments, integrated circuits and low-voltage protection equipment.
And for El Salvador the most important products are electrical capacitors, recovered paper, knit men?s suits and knit shirts. There are other countries following this trend, though to a lesser extent, such as Honduras and Dominican Republic, where high value-added goods such as pharmaceuticals and electrical accessories complement the countries? natural resources market.
Monkey Wards evolved into Wally World![:0][:)]