Thread regarding Sears layoffs

Sears desperately needed to do something about inventory turnover

Sears desperately needed to do something about inventory turnover. Prior to bankruptcy, Sears had days in inventory of 194 days. It cannot be overstated how bad this is. You cannot do business turning over your inventory less than two times a year. No wonder store had inventory coming in from 2012. Even Lowes, itself pretty awful and keeping parts for the rarest of occasions turns inventory over every 90 days. Costco? 55 days. Amazon 34 days? Apple? 12 days. Even Toys R Us turned every 120 days at the time it dissolved. Eddie is running, bar none, the worst retailer in the universe, and it's unbelievable that with all the data he's collecting with SYWR, that he's doing absolutely nothing with it. It's hard to believe he isn't deliberately trying to destroy Sears with how badly it's run, because no company has ever been run this badly.

Think that @WYK60OZ-1csk nailed it with this post.

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| 681 views | | 2 replies (last January 7, 2019) | Reply
Post ID: @OP+WZN60nL

2 replies (most recent on top)

I think it's too little, too late at this point. Most of the 'good stuff' at Sears/Kmart is gone now anyway. My local Kmart still has some sort of Linksys home DVD media system sitting in their 'Electronics' department in a faded, beat up box that states compatibility with Windows Vista...all for the low low price of $240.

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Post ID: @1lyk+WZN60nL

Well congratulations. You are about to get 100% turnover in just a few weeks.

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Post ID: @ojv+WZN60nL

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