About twice as many sears stores as kmart stores. Transformco should dedicate more resources to the kmart part of the business. They need to staff the kmarts with more employees, keep a better stock of better merchandise, and remodel the stores to look nicer.
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Why focus on a company that is dying when you can do what you can to keep the better coming up?
Sears thriving? Ya sure. And the Pope switched religions this morning.
Kmart has better real estate in suburban shopping areas, so they are the stores/real estate that have been easier to sell off. Most of the remaining Sears are attached to dead/dying malls that nobody wants.
I am seriously wondering if the OP understands the definition of "thrive".
- : to grow vigorously : flourish
- : to gain in wealth or possessions: prosper
- : to progress toward or realize a goal despite or because of circumstances.
None of these definitions describe Sears or KMart in the present time.....Perhaps they did indeed apply 40 or 50 years ago.
#3 might apply today if Eddie's goal was always to shut down the company and cash in on whatever proceeds remained from it.
Sears is thriving? Transformco has closed 22 of them in the last five months, leaving only 67.
Neither Sears nor KMart is thriving. Sears stores have just been closing at a slightly slower rate than KMarts...There are only so many liquidation crews to go around.
Unfortunately, crickets. Not a word from the top in a long while.
Yes this is a strange twist of fate, considering that it was Kmart that bought Sears ! But some dedication from the top down, can help bring Kmart up to Sears level.
Besides, that plan costs money. Asset-light is the future!
Sears is thriving? What are you smoking?