Whats the end game in all this. Can we contiue with 100 stores combined. Can we continue with pandemic assistance. Will there be a new round this month. Will esl sell off to amazon,will seritage sell off to amazon.
Is he still open.
And will we ever get some darn inventory.
@2qqr+16Pjnlhn OK boomer.
And yes, those chains mentioned have B&M stores. Many people still have landlines and fax machines too. Even Blockbuster still has a store. But they're novelties not the future.
Sure, someone who needs something right away goes to a store. But in most cases, people don't. Neither myself nor anyone in my family has stepped into a mall in 10 Years. Neither have most of my friends. There simply is no reason too, because all those chains have a huge online presence. If I need some laundry detergent, or a shirt, or socks, or anything else, why would I spend gas driving to a store when the store can come to me? Yes, some older people still shop in stores the same way some older people still use landlines and CD players. But they will be on the way out soon enough. Out grandkids won't be shopping in stores LOL. Ya, maybe a few niche stores will remain. But most non-food commodities will be shopped online. Heck, I'm actually old school when it comes to groceries because I like to see/touch produce, meats before buying them, but most people younger than me don't even do that, largely even buying groceries online.
B&M is going the way of the dinosaur. They will last for a while, just like some boomers' CD players will last for a while. But the fate is sealed, and you can downvote all you want. Online shopping is the future. Sorry but it is. 30 Years from now, Target etc., will probably exist, but they will be 90% online, and 50 Years from now 100% online. Natural selection is right. You will have your oddball Blockbusters that survive but they will be novelties, much like people have 1950's cars for Weekend car shows, but not as Daily drivers. Sorry, but our grandkids will think of malls and stores, the way we think of hula-hoops, Payphones, or 8 track players. Time marches on. Life moves on.
This is just progress. Nobody under 30 (in any significant number) shops brick and mortar. Look at any poll or survey.
Are you obese and on games all day. Virtual world is fine for you and us. Please remain inside you child.
boomer is stupid word and that generation provided you the opportunity to order your trinkets and eat your fiddle faddle on your couch
I still shop brick and mortar so I can get the job done that same day. Not everything can wait for two-day shipping.
Brick and mortar is NOT dead, though. Walmart, Target, Kohl’s, Costco, etc. are all doing fine. Yes, Amazon is thriving, but it will never totally destroy brick and mortar. Many people shop online, and that’s fine, but the “online shopping will be the only way to shop soon” argument is just lazy and misinformed.
End game LOL? "Stores" are not an end-game. Virtually nobody shops in "stores" now except for maybe groceries. Pretty much everything else is online now. Shopping in stores is essentially over with for the most part. Case in point, I needed some string for my weedwacker. I have a hardware store literally 1000 feet from my house. But I didn't want to bother walking there because I was busy looking at the US Open tennis on TV and I didn't want to miss it. So instead, I walked 10 feet over to my computer in the living room, and with a few clicks, Amazon Prime delivered it to me in 2 Days with free shipping. I can buy almost anything I want this way, why would I go to a freaking store LOL? Other than some nostalgic boomers, nobody is shopping in stores.
TL/DR: The end game is online. Brick and mortar shopping is done.
Screwdrivers aren't much use without screws, so they will need them too, except for the times my wife uses my screwdrivers to chip ice.
That’s probably because the company is screwed and needs them
Ditto for Hackensack.
Except for screwdrivers. Lots and lots of screwdrivers.
Probably a message to vendors and employees.
I just came from Rockaway. There’s hardly anything left.
In response @vni+16Pjnlhn.
Hackensack closes on September 12. Rockaway closes on September 13.
There may be others. But those are the two I know of.
When our Sears store closed in February the resellers said they already had their closure list for Sears stores through July 31st with complete shutdown by Labor Day. Obviously the Covid Pandemic changed everything. So now it will probably just drag on by moving merchandise around from one store to another until there is nothing left.
Which closing stores are still open right now? The jobs board lists South Portland ME and Salinas CA.
I think Saugus MA still have a few more days too. These three are all Sears.
Answers:
Question 1: No. "We" cannot continue with 100 stores combined.
Question 2: No. Pandemic assistance will not support continuing operations.
Question 3: Yes. Several stores will be closing their doors within the next 7 days. That will free up the closing teams for other locations.
Question 4: No. There is no scenario where ESL would be of any use to Amazon.
Question 5: Undetermined. Is who "still open"?
Question 6: No. Inventory must be either purchased outright or as receivables. Neither is likely at this point.
I agree, If we don’t get more product soon I don’t see us winning this war...