Thread regarding Sears layoffs

Sears cannot survive without customers and customers have abandoned Sears

Sears has been "transforming" for the past decade and a half......from a profitable retailer to a bankrupt one.

Empty parking lots, stores empty of customers does not signify a healthy retailer.....Cistomers can buy Craftsman Tools at Lowes and elsewhere. Sears gave up on its electronics dept and gave away its market share there.

Sears stores are literally falling apart and look like a throwback to the 1980's.

Sears cannot survive without customers and customers have abandoned Sears.

The negative publicity about Sears has also eroded consumer confidence.

With the rounds of store closures, many shoppers that had multiple Sears stores within a short drive of their homes now find that they will need to drive as far as 100 miles or more to find an open Sears store.

Sears would have had a fighting chance if Eddie Lampert had never become involved with the company.

The blame for the downfall of Sears lies fully with Eddie Lampert.

On point post by @WRcdzVd-crg

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| 857 views | | 10 replies (last December 30, 2018) | Reply
Post ID: @OP+WR4V03v

10 replies (most recent on top)

There is no Go Forward plan that's any different than the previous go backward plan. No vision, no execution, no money. F Eddie and his horrific lack of retail talent.

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Post ID: @1guq+WR4V03v

One of the things I like about Craftsman is the guarantee. For that to be a benefit, you want to buy it from someone who will be around to warrant that guarantee. Same thing for Kenmore or electronics. Now if you buy from Sears, it is caveat emptor.

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Post ID: @1gix+WR4V03v

Again, diddly squat.....Sears has been losing customers for years.....The reason Sears od in the position it is in is due to customers choosing to shop elsewhere.

The going forward plan that is being proposed will mean nothing if customers do not walk through the doors in sufficient numbers and start buying again.

Otherwise, this going forward plan has no more value than a roll of toilet paper.

The generation of shoppers that showed complete loyalty to Sears has for the most part passed away from old age.

Sears will need to spend billions of dollars to reinvent itself, renovate tired worn out stores and bring in product assortments at prices that will attract customers back to the stores.

Right now, Sears has one foot on a banana peel, and the other foot in the grave.

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Post ID: @1fqo+WR4V03v

“Sears has no customers!”

Actually Sears has tens of millions of customers. Documented fact.

“Well that doesn’t matter anyway because Sears is closing!”

Nope, there’s the Go Forward Plan, and the bid has been submitted backed by top financial institutions.

“Well they’re stupid and I know way more from my mom’s basement than they do!”

Riiiiight. LOL

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Post ID: @1cyv+WR4V03v

Those "millions of SYW members" as you claim don't mean diddly squat.....otherwise Sears would not be teetering on the brink of collapse.

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Post ID: @npg+WR4V03v

"We don't need more customers. We have all the customers we could possibly want," Sears CEO Eddie Lampert said on Wednesday at the company's annual shareholder meeting.

https://money.cnn.com/2017/05/11/investing/sears-lampert-dont-need-more-customers/

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Post ID: @rpa+WR4V03v

Wrong on all counts. Sears has millions of SYWR members; they’re loyal and valuable consumers.

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Post ID: @ynv+WR4V03v

You go to these so-called "profitable 500"- so they claimed after that cut of 40, and they did look dead. Now, they've got these supposed "healthy 400", but get real, the vendors aren't going to keep supplying them, they'll go soon too. When Eddie's done with this company it'll all be a distant memory, and he'll be that much richer. The best thing we can do is hope his "bid" is rejected, and a liquidator finally moves in to gut the whole dying fish, because it's been d--g out long enough, it's time to die!

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Post ID: @egb+WR4V03v

"Have you gone to Sears lately?"

The only Sears stores that had decent foot traffic over the holidays were stores in liquidation.

Others looked like a ghost town.

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Post ID: @viz+WR4V03v

Have u gone to sears lately? Every store was jammed at Xmas.

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Post ID: @zxb+WR4V03v

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