The more stores they close, they will not be buying as much product, and will not get the high volume discounts for the stuff they sell. This will make it tougher to compete with the likes of Walmart and Target. Does not bode well for the future of the company.
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Sears has always competed on quality and world-class experience, not price. It’s exciting to see how America’s favorite store continues to revolutionize retail and confound all the naysayers.
Loss prevention is responsible for negotiating prices with vendors now. Their heavy-handed negotiation tactics have actually resulted in lower merchandise costs than the company was previously receiving with a larger store count.
Captain Obvious has entered the chat
So buying less is actually more expensive than buying more at a small discount... ok
This has been common knowledge with Sears/KMart since at least the early 2000s, if not the late 90s.
Empty shelves has more to do with the fact Eddie has no money.
It seems obvious to the people here. Maybe not so obvious to the management at Sears Holdings (and now Transformco). For years there was the drumbeat of "rightsizing" the company and "reducing the footprint". It all might've worked, if they had succeeded in transitioning customers to online buying. But of course this isn't what happened, and total sales volume went through the floor with the closure of stores. The final "right size" for the company is going to be zero stores with zero sales.
Nobody else has thought about losing jobs?.....This has been going on for several years now with hundreds upon hundreds of Sears stores closed already with the corresponding loss of jobs.
This post is several years behind the times.
"retail word"
Sears is no longer relevant in the retail word. Much better options with better prices and better inventory. I wouldn't worry about their strategy at this point. I don't think they really have one. Sears was your grandfathers store.
I just realized this and I am fur sure nobody else has done thought it. If they close stores, then people will be out of work. Iz everyone ready to start thinking about gettin a new job?
No sh*t ?!?
Also, when it rains allot, the ground sometimes gets wet.
This makes it difficult to perform outdoor activities efficiently if those activities require dry ground.
Really? My goodness, no one ever thought of that! (Except of course, literally everyone who's paying attention)
Empty shelves has more to do with vendors concerned they will get stiffed by Eddie.