Thread regarding Sears layoffs

Reminder

Reminder that the Kmart side of the company actually makes a profit and the Sears side hasn't been profitable in years.

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| 1651 views | | 11 replies (last February 4, 2021) | Reply
Post ID: @OP+19evLNuk

11 replies (most recent on top)

Being profitable at this point in the game for this company is no different than putting a fresh coat of paint on an old house just before that house is condemned and torn down.

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Post ID: @1ojm+19evLNuk

True. As a person, I use toothpaste, dental floss and cat food. All 3 make for a really fresh mouth.

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Post ID: @1wsu+19evLNuk

Perhaps during March,2020 thru May,2020 when Kmart stores were opened and Sears stores were close. Kmart sells items that people need to use everyday,(dental floss, cat food, toothpaste).

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Post ID: @1daj+19evLNuk

LOL, I think y'all are missing the point that this post was written sarcastically. It was a joke, OP was just being ironic.
Just have a laugh!
Reminder: The tooth fairy exists. Just have a laugh!

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Post ID: @iun+19evLNuk

Just a thought but if that was true then why not split the company keep Kmart alive and just BK Sears?

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Post ID: @cyt+19evLNuk

Next we will see the post claiming Sears is more profitable than Kmart and why so many more Kmarts closed compared to Sears at this point.

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Post ID: @nas+19evLNuk

That was true in 2006. So I was told when a former Kmart IT manager said that since I did most of my work for Kmart IT and not Sears he was able to get me a 1.2% raise. He was insulted when I didn’t jump up and down with excitement.

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Post ID: @vpi+19evLNuk

There's no way Kmart is profitable with so few remaining stores.

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Post ID: @iad+19evLNuk

I'm not so sure being profitable makes it "go-forward" at this point.

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Post ID: @qxd+19evLNuk

Can you provide some supporting evidence for this statement?

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Post ID: @adn+19evLNuk

That's the primary driver for the lack of any Kmart stores closings. If, on the other hand, Kmart was not a go-forward retailer, you'd start to see some Kmart's closing. Luckily, with this not happening, the Kmart open store count remains in the thousands, as it has since the 1980s.

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Post ID: @jrh+19evLNuk

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