Posted on 04/12/2018 4:03:08 PM PDT by foreverfree
Sears, based in Chicago for more than a century and now facing mounting troubles, is closing its last store in the city.
Employees at the store at Six Corners, on the edge of the Portage Park neighborhood, were told of the closure Thursday morning, spokesman Howard Riefs said in an email.
(Excerpt) Read more at chicagotribune.com ...
ff
Sad. It would an interesting read if some MBA type did a thesis on why Sears climbed, stalled, spun, and is now just a few feet above the ground still in that spin.
They used to have it all, basically.
Then made tons of bonehead decisions. Like outsourcing their credit operations to some credit-card outfit.
That’s pretty much when I stopped shopping there. I doubt I’ve spent $100 there in 15 years.
They failed because they did not keep up with the times and their online sales can’t beat other companies
Sears, once the World’s Largest Store (WLS radio in Chicago was owned by Sears, this was Sear’s slogan so the store’s radio station became WLS)
but we seldom see a corporate management drive an established firm right down the sewer .. like we’ve seen at Sears in recent couple of years or so
today, you can visit very nice big Sears store.. and roll a bolling ball down the main aisle, there are so very few customers. And their online operation is, imho, both poorly presented and also imho their customer service is a giant RIPOFF operation, steal from the customer.. send her gift cards with zero balances, etc.
Interesting.
They should have been what Amazon is today.
Before internet ordering, there was mail ordering.
I see other legacy companies like Sears who have failed to realize the impact of the internet on commerce.
It was a great ride.
Sears and it’s hefty-sized catalog, they had everything. So long, old Americana friend.
No matter what happens to the company itself, as far as I am concerned the “Willis Tower” will always be the Sears Tower.
The end of an era.
.
During the bad weather I visit a large mall near my house to get my exercise.The Sears store in that mall is now undergoing a major rehab/redesign...which I find strange given the company’s reported troubles.
They’re already completely gone from Canada. Screwed over all their pension-holders in the process. Only a matter of time until the whole thing goes belly-up, I’m afraid. And it’s a shame - for a long time, until not too many years ago, Sears was my go-to place for a lot of things.
It is hard to run store of this type where the main demand is for guns, knives, and baseball bats.
I’m glad my grandfather isn’t around to see this.
L
Used to have nice tools. Now the only wrenches you can get on amazon are the rejects from harbor freight that are biodegradable
Sears sells the same stuff that you can get anywhere else.
Retail stores come and go. Monkey Ward, Woolworths, Kresge, etc.
Some of my harbor freight stuff has held up to a fair amount of abuse.
Must have been made on Wednesday.
Yep. Absolutely no one was as well set up to conquer online sales as was the already existing operation at Sears. Amazon was a cyber bookshop when Sears was selling entire houses and everything within them: appliances, clothing, furniture. What is truly amazing is that they watched the entire thing happen and couldn't seem to do anything to keep up.
Maybe it was too much of an investment in brick-and-mortar stores. Borders, Barnes and Noble, Waldenbooks, Crown, all appear to have taken that false trail, but for Sears to do so and not be able to recover is astonishing. If anyone does know of a study on this rise-and-fall I'd love to read it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.