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The end of Sears is 'very near'
Business Insider ^ | December 3, 2015 | Ashley Lutz

Posted on 12/03/2015 7:21:55 PM PST by EveningStar

Sears has been crashing for the past decade.

The retailer, which also owns Kmart, reported a loss of $454 million in the third quarter. The massive loss is the latest in 10 years of declining same-store sales.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: sears
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To: Fai Mao

So is the one in Rathdrum, ID.


101 posted on 12/04/2015 12:03:05 AM PST by nikos1121 ("Peace will come when the Arabs will love their children more than they hate us."-- Golda Meir)
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To: MediaMole

The Sears in Virginia Beach is undergoing a big renovation. Probably akin to rearranging deck chairs on the Titanic.


102 posted on 12/04/2015 12:11:13 AM PST by csvset ( Illegitimi non carborundum)
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To: MEG33

My parents still had their Kenmore washer and dryer set around 2000, and they were ~30 years old then, I think the dryer might have made 40 years, but in both cases I think they just wanted “newer”.


103 posted on 12/04/2015 12:27:53 AM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: RedCell
THANK YOU for posting the link, and making it possible for me to trip down memory lane. What wonderful memories of years past at Christmas time, as children and adults thumbed through the Christmas catalogs. Those years were difficult, yes, but as a country we Americans and our government were united against the enemies our our country, and we all pulled together. Now, it's us against the enemies of the USA and against the leftist/muslim government in the White House. Praise the Lord and pass the ammunition..united we stand..divided we fall.
104 posted on 12/04/2015 12:31:19 AM PST by itssme
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To: EveningStar

Are Craftsman tools still USA made?


105 posted on 12/04/2015 3:16:42 AM PST by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: SamAdams76

When I was a kid I would check off all of the stuff I liked/wanted. One day I got the bright idea to call the number on the catalog, using my best “dad’s voice.”

“Hello. My name is Mr. Anderson. I would like to order the football on page 329, the pool table on page 364, ....”


106 posted on 12/04/2015 3:23:52 AM PST by 21twelve (http://www.freerepublic.com/focus/f-news/2185147/posts It is happening again.)
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To: napscoordinator
Good. They stink. With Home Depot, Amazon, Walmart, no need for Sears anymore.

Home Depot was a big supporter of the homosexual agenda, including homosexual marriage. Try Lowe's instead if you can.

107 posted on 12/04/2015 3:45:13 AM PST by TwelveOfTwenty (See my home page for some of my answers to the left's talking points.)
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To: MEG33

I don’t think Sears makes the Kenmore appliances. IIRC, their manufacture is contracted out to appliance makers like Whirlpool, LG, Maytag, etc.


108 posted on 12/04/2015 4:04:56 AM PST by RoosterRedux
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To: RedCell

Craftsman tools have a lifetime warranty.
if it breaks you return it and they give you a new one.
Spend a little more and get a Snap On tool with the same warranty, cept Snap On tools do not break.


109 posted on 12/04/2015 4:26:35 AM PST by Joe Boucher (the only good mooselimb is a dead mooselimb.)
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To: EveningStar

The retailer, which also owns Kmart

******************************************************************

Wrong.

K-Mart bought out Sears.


110 posted on 12/04/2015 4:30:51 AM PST by Graybeard58 (Bill and Hillary Clinton are the penicillin-resistant syphilis of our political system.)
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To: EveningStar

The only two redeeming qualities of Sears for me:

1) Craftsman Tools / Lifetime Guarantee. Doesn’t matter how you break it, if you can bring just some of the pieces to the store, they will give you a replacement at no cost. I’ve thoroughly destroyed a number of sockets, ratchets and breaker bars while abusing them with long cheaters and they never ask a question. Would not be shocked to see Ace Hardware buy the Craftsman Brand.

2) Sears Parts Direct. They still have appliance, mower, small engine and parts for about every other thing in your house and can deliver to your door. If you are trying to fix something that is not made anymore, this is a good place to look for parts.


111 posted on 12/04/2015 4:35:31 AM PST by IamConservative (There is no greater threat to our freedoms than Bipartisanship.)
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To: Nervous Tick

I’ve had bad experiences with telemarketers, especially from a car dealership. I’m convinced that a Ford car salesman gave or sold my number to scam phone artists once.
When stores ask me for my phone number I usually say I don’t own a phone, sometimes while looking at my smart phone.
Sometimes I just say no.
When I buy a car I ask the dealership if they will still sell me the car if I refuse to give them my number. If they promise not to call me I repeat my question.


112 posted on 12/04/2015 4:39:14 AM PST by conejo99
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To: EveningStar

A good word for Sears - Sears treated members of armed forces called to active duty exceptionally well. For up to five years Sears made up the difference between salaries in civilian and military pay and continued their benefits including medical insurance.


113 posted on 12/04/2015 4:39:46 AM PST by monocle
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To: EveningStar

They need to go back to Internet “catalogue “ sales and away from big box. I have bought a lot of stuff from Sears for my house (washer dryer, sliding doors, new heat pump” and rarely set foot in the store.


114 posted on 12/04/2015 5:03:17 AM PST by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: Fai Mao
The K-Mart on Guam is a God send.

I can imagine. The last K-Mart around here closed years ago (we do have ample access to Wal-Marts though). The only time I ever used K-Mart was if I was looking for something Wal-Mart didn't have. When they opted to continue their "drift to the Left" using Fat Rosie and "Laverne" as spokespeople, I opted to not grace their aisles with my cash.

However, in a place like Guam, I would likely bite my tongue and take care of my needs.

115 posted on 12/04/2015 5:03:52 AM PST by trebb (Where in the the hell has my country gone?)
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To: RedCell

Out of all the hundreds of craftsman tools I’ve had there only one that I had to replace. A ratchet that came with a broken release spring.


116 posted on 12/04/2015 5:09:27 AM PST by wally_bert (I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
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To: TwelveOfTwenty

Didn’t know that. Coincidentally Lowe’s is right next down the street. Thanks!


117 posted on 12/04/2015 6:49:34 AM PST by napscoordinator
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To: minnesota_bound

And some fun for ladies, 1975 winter catalog page 602. (google it)


118 posted on 12/04/2015 9:52:50 AM PST by TruthWillWin (The problem with socialism is that you eventually run out of other peoples money.)
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To: SamAdams76

“One thing I noticed about clothing in the Sears catalogs back in the 1970s...a waist size of 32 was considered XL.”

And that is for men! Girls who call themselves slim now have larger waists than most men used to have.
The only way to understand just how much the size of the average human in America has increased is to read old catalogs and old literature. A 180 pound man used to be considered a really big bruiser! One story about the Yukon gold rush referred to a man of six two and 200 pounds as a “giant”. A 48 inch chest was enormous. My father was six two at max and for most of his life weighed around 165 and was considered a big man. I’m six four and weigh about 255 and am not fat but I don’t hear one tenth the number of comments on my size as I used to hear fifty years ago when I weighed 190. Six feet tall was the mark for men when I was young, anything over six feet was really big, the country is filled with men over six feet now. If I watch a really old movie now I am amazed at how skinny the actors used to be. It seems that the only people who are not fat now are the ones who are over muscled, the really long, lean ones are very rare compared to the old days.


119 posted on 12/04/2015 1:58:47 PM PST by RipSawyer (Racism is racism, regardless of the race of the racist.)
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To: EveningStar
My dad retired from Sears 20 years ago, and I worked there until earlier this year. I don't see them surviving either as they are not relevant.

That said, there has been a subtle move behind the scenes these past few years to take the profitable brands (Craftsman, Diehard, Kenmore) and spin them off into separate companies, likely to protect them when Sears Holdings inevitably goes casters up. That's why you see Craftsman tools being sold in other places. It's no longer owner by Sears, but it is (as I understand) owned by the owners of Sears.

Bottom line, is that they made bad decisions and then those forced them to abandon the catalog business just before the internet was taking off. A few years later and they might have been able to become Amazon and rule the world.

120 posted on 12/04/2015 2:00:39 PM PST by BlueMondaySkipper (Involuntarily subsidizing the parasite class since 1981)
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