the new Home & Life locations are just a fraction of that size — at roughly 12,500 square feet — and are going to meet consumers where they're spending the most time, likely not in enclosed shopping malls.
5 replies (most recent on top)
Sears is irrelevant as a mall anchor. Most malls want Sears out of the mall because Sears does nothing to generate traffic in the mall.
We've got a Target across from us in the mall that gets at least 10x the foot traffic that we do. It's not the malls, or the store footprint that's the problem. It's Eddie's lack of foresight, inferior capability and intellect when it comes to anything retail.
YES!
For the most part , any changes in Sears have centered around the larger Mall anchored units of over 200,000 sq ft or larger .
While they served the company well in the past , the operating costs of those units are horrendous .
Eddie's never introduced a concept that succeeded in 15 years. 80% of the stores and 300,000 jobs are already gone. Revenue has gone down every years since he bought Kmart and Sears. He's lost $12B since 2010. Home and Life are 3 whole stores. Sears HomeLife, Sears Grand, Sears Hardware and Appliance, the Oakbrook debacle, what's different this time? It's the same clowns in charge of leading the company down the tubes, and getting massive bonuses to do so.