I can't figure out how desperate a supplier has to be to entrust Sears with any of its products right at this point.
9 replies (most recent on top)
@130ivzRj-ord The problem is Eddie prefers invoices than pay upfront. Vendors and suppliers are on to this man. No money, no merchandise.
There's just endless rounds of "blowout sales" since Eddie laid off the marketing team. Getting kinda old really.
Kmart gets (or at least did before my store closed a year ago) closeout merchandise...it’s called “deal flash”, are they still doing that program?
Went to ACE hardware and they have about 10 different craftsman mowers and are fully stock with accessories on the backwall. It looks what sears looked like 10 years ago. Well actually sears had about 30 different kind of mowers from gas to electric to battery. The good old days.
All the stuff that Eddie can't pay for ends up at discount liquidators, not vice versa. You can find deeply discounted Sears merchandise on wholesale everywhere if you know where to look.
I’m surprised they don’t do more closeout buying. It’d probably work out pretty well for them. They have a lower tier customer base (value focused). Lower tier shopping experience. Tons of open space. Need inventory quickly vs waiting for months. Etc.
There's also stuff on autoorder that people just set it and forget it, with no record left behind that no one knows how to stop. Closed stores are receiving paid for tons of phantom merchandise to this day that goes gods knows wheres. That's what happens when you have an ordering system from the Flintstones era. It ends up on a ledger somewhere, but sometimes it takes awhile for people to notice with the skeleton crew of accountants left.
Easy. Collect the cash up front before delivering to Sears. Otherwise, stupidity is the correct answer.
There are stupid people everywhere...