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Sears is closing 46 more stores — here's where they are
Yahoo/CNBC ^ | 08/23/2018 | Lauren Thomas

Posted on 08/23/2018 11:58:09 AM PDT by Responsibility2nd

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To: DoughtyOne

“I haven’t been inside of it, but once in the last 45 years.”

Aha! It’s your fault!


41 posted on 08/23/2018 12:53:57 PM PDT by NYAmerican
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To: drop 50 and fire for effect
Exactly....they had all the pieces since their beginnings and then missed the opportunity when it presented itself. How could they have not recognized that window?
42 posted on 08/23/2018 12:57:23 PM PDT by Covenantor (Men are ruled...by liars who refuse them news, and by fools who cannot govern. " Chesterton)
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To: Responsibility2nd

Bump for later.


43 posted on 08/23/2018 12:57:59 PM PDT by Springman (Rest In Peace YaYa123, Bahbah, and Just Lori.)
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To: Mears

The Brady Bunch made it work.


44 posted on 08/23/2018 12:58:08 PM PDT by wally_bert (Terrific! Terrific? Harve Nyquist never ordered any radials.)
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To: -YYZ-

Our local Sears closed a couple of years ago. It is now a board of education office. No big loss.


45 posted on 08/23/2018 12:59:21 PM PDT by Bonemaker (invictus maneo)
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To: Responsibility2nd

Life goes on.


46 posted on 08/23/2018 12:59:53 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Responsibility2nd

Where I grew up, the Sears catalog was a big deal. You could get anything in there within a week or two. Few items in the catalog were otherwise available locally. It really served a niche. Their retail stores never really made sense to me. It was like they had to do it to continue to compete with changing times. Basically, Amazon has brought it full circle.


47 posted on 08/23/2018 1:00:34 PM PDT by bk1000 (I stand with Trump)
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To: wally_bert

“The Brady Bunch made it work.”


That they did—many of us are so spoiled now.

.


48 posted on 08/23/2018 1:01:05 PM PDT by Mears
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To: Responsibility2nd

Dad retired from Sears upper management after 30 years, way back then Sears was a Blue Chip stock.

So sad to see brick and mortar retail die.


49 posted on 08/23/2018 1:01:17 PM PDT by Clint N. Suhks (President Trump's twitter is the laser pointer and the media is the cat.)
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To: Drew68

It would appear that their alliance with K-Mart was not all that successful. Wal-Mart and Target have delivered the most recent blows, expanding even as Sears and K-mart were shrinking.

In its heyday, Sears was what Amazon has become, as much of its business was by mail-order, much like one of its competitors, Montgomery Wards. J.C. Penney was late coming to the game, but it, too, was a rather major mail-order house.

But mail order became a thing of the past, as the growth in first telephone ordering, then later, Internet merchandising, became the means of reaching ever widening pools of potential buyers, which by now have threatened the traditional brick-and-mortar stores, to the point of coming extinction, with the exception of small boutique-like niche marketing.

Technology is clearly a two-edged sword.


50 posted on 08/23/2018 1:03:15 PM PDT by alloysteel ("No" is a complete sentence. On so many levels.)
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To: Responsibility2nd
Sears is still testing new concepts, like stand-alone mattress stores

That's not a new concept, there are 3 mattress stores at every intersection.

51 posted on 08/23/2018 1:03:31 PM PDT by 1Old Pro
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To: Responsibility2nd

Wow, the store at the Eastview Mall in Victor, NY is closing. The Eastview is a higher end mall. If Sears can’t make it there...


52 posted on 08/23/2018 1:04:42 PM PDT by mewzilla (Has the FBI been spying on members of Congress?)
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To: Yo-Yo

JCP and Sears also enjoyed the very best locations as the towns grew around them. When they close a store it alters the landscape.


53 posted on 08/23/2018 1:05:56 PM PDT by IDFbunny (Fat shaming works.)
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To: Clint N. Suhks
So sad to see brick and mortar retail die.

If done right and not on every corner it can work, Cabela's, LL Bean, Orvis

54 posted on 08/23/2018 1:07:50 PM PDT by 1Old Pro
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To: alloysteel

The epitome of creative destruction.

Adapt or Die!


55 posted on 08/23/2018 1:09:24 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: NYAmerican

One can hope...

“:^)


56 posted on 08/23/2018 1:49:04 PM PDT by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs)
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To: Responsibility2nd

If you lack the cash or the credit to stock for Christmas sales, you have no Christmas sales.

Best course is to use available resources in the best possible remaining stores.


57 posted on 08/23/2018 1:55:10 PM PDT by bert ((K.E. N.P. N.C. +12) Muller..... conspiracy to over throw the government)
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To: 1Old Pro
Cabela's, LL Bean, Orvis

They all depended on their catalog sales which was the precursor to internet sales.

The only retail stores that will survive the long run are those that sell things you can't order online like groceries, gasoline and service industries with some exceptions. Cabela's, LL Bean, Orris, etc. have brick and mortar stores but they are more like showrooms with skeleton stock levels and on average not profitable with all the overhead.

58 posted on 08/23/2018 1:59:27 PM PDT by Clint N. Suhks (President Trump's twitter is the laser pointer and the media is the cat.)
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To: Mears

Downstairs.


59 posted on 08/23/2018 2:00:07 PM PDT by FrogMom (Time marches on...)
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To: Mears

Even the maid worked for free.


60 posted on 08/23/2018 2:01:09 PM PDT by wally_bert (Terrific! Terrific? Harve Nyquist never ordered any radials.)
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