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azguy · 28 December 2011, 03:13 AM

In my humble opinion Sears isn't long for this world, not when they are seeing additional competition from Wal-Mart, Target Sam's, Costco, Penny's, Macy's, Home Depot, Lowe's and well you get the picture.

My question is, when was the last time you were in a Sears store ??

MonBK · 28 December 2011, 03:14 AM

They are the only ones who carries Craftsman.

drockadam · 28 December 2011, 03:21 AM

I went to Sears the other day. :)

Dan Pierce · 28 December 2011, 03:21 AM

Quote:

Originally Posted by azguy

In my humble opinion Sears isn't long for this world, not when they are seeing additional competition from Wal-Mart, Target Sam's, Costco, Penny's, Macy's, Home Depot, Lowe's and well you get the picture.

My question is, when was the last time you were in a Sears store ??

I'm old enough to remember the many predictions of the demise of Sears. They'll regroup and organize a comeback.

Quote:

Originally Posted by MonBK

They are the only ones who carries Craftsman.

Exactly!

dP

Dr. Robert · 28 December 2011, 03:30 AM

Last week.........Sears has great tools & car batteries.

TonyD · 28 December 2011, 03:33 AM

Sears is ok but the merger/takeover of Kmart was a mess.... There's a K mart near us that was changed to a "Sears Essentials" which is basically a Kmart that carries Sears tools and clothing. Not bad to have around. Not as cheap as walmart but they have stuff you need sometimes. Then they changed it back to Kmart. All the signs are Sears and they still sell Sears stuff.... but they won't take Sears returns and only honor some sale stuff and gift cards etc. They have no idea what they are doing now.......

Dr. Robert · 28 December 2011, 03:33 AM

P.S. Doesn't Sears own Kmart? I read somewhere that Sears is selling off or spinning off OSH hardware????
That should help keep them chugging along for a bit.

perpetualman88 · 28 December 2011, 03:37 AM

sears is selling off over 100 K smart stores

MonBK · 28 December 2011, 03:38 AM

Quote:

Originally Posted by perpetualman88

sears is selling off over 100 K smart stores

Great, I'm in a market for one.

77T · 28 December 2011, 04:34 AM

There are problems for sure. They have a great internet sales engine in Lands End. Kmart gave away profits last Qtr to get top line sales vs Walmart. Kmart has poor e-commerce potential.

Sears Craftsman brand is losing ground among professionals who are going with Snap-on and other higher end tool brands. Plus the e-commerce potential for tools is like shipping concrete - not economical alternative.

In brick and mortar traffic, Sears is reducing its footprint faster than previously done. In past they would give a struggling store a year to turn things around - now it's produce or die within 90 days or so.

Losing 50% in share value this year is poor performance, too. The two majority holders are probably lining up assets sales - closing the 100 odd stores only save $500mil in inventory and a little more in payroll/benefits.

Tri-Tip · 28 December 2011, 04:55 AM

Quote:

Originally Posted by azguy

My question is, when was the last time you were in a Sears store ??

About a year ago for a oven for my rental unit. NEVER again.

TattooedGQ · 28 December 2011, 05:56 AM

I was in there the other day to pick up a stocking stuffer for my Father....and I used to work there when i was 17 or 18.

What bothers me about the place is the Bi-lingual department signs all over....call me what you want, but it's the US, keep the signs in English. My Father and his family had to learn English when he came here, why start accommodating now?

wantonebad · 28 December 2011, 06:04 AM

Quote:

Originally Posted by TattooedGQ

I was in there the other day to pick up a stocking stuffer for my Father....and I used to work there when i was 17 or 18.

What bothers me about the place is the Bi-lingual department signs all over....call me what you want, but it's the US, keep the signs in English. My Father and his family had to learn English when he came here, why start accommodating now?

really???

bayerische · 28 December 2011, 06:31 AM

They lost "Sears Tower" to Willis.

It's all downhill now...

Mike B · 28 December 2011, 06:47 AM

I just read in the local paper that they will be closing a bunch of Sears / K-Mart stores in my state very soon. This does NOT look good for Sears OR K-Mart.

azguy · 28 December 2011, 07:23 AM

I'm surprised at the comments; I know Sears has great tools, etc but I really thought it would be more like "2 years ago" was the resposnse I was expecting.

Sears is owned by a Private Equity Shop that also owns k-Mart and others. What does a private equity shop know about retail, right.

4 years ago they had earnings EBITDA of over $4 billion, today around 4300 million

While I agree with everything Dan Peirce has to say, Dan you are wrong here...will go out of business....it will be a sad day as the happiest day when I was a kid was when the "wish book" showed up in the mail for the Holidays.

Art 1 · 28 December 2011, 07:58 AM

Quote:

Originally Posted by TattooedGQ

I was in there the other day to pick up a stocking stuffer for my Father....and I used to work there when i was 17 or 18.

What bothers me about the place is the Bi-lingual department signs all over....call me what you want, but it's the US, keep the signs in English. My Father and his family had to learn English when he came here, why start accommodating now?

I agree, and we speak two languages in my home.

Art 1 · 28 December 2011, 07:59 AM

Went into Sears about a week ago for the first time in maybe 10 years. I was very disappointed.

Dr. Robert · 28 December 2011, 08:01 AM

First Montgomery Wards now Sears.........sad days.......bah humbug....Walmart, even the name sounds awful.....the others had class.

Route 66 · 28 December 2011, 08:02 AM

I'd hate to see my source for Craftsman hand tools disappear.

Their power tools are another matter altogether.

Ed Rooney · 28 December 2011, 08:20 AM

Just bought a washer and dryer there yesterday.

Sperry · 28 December 2011, 08:51 AM

Uhh . . . lets look at this again.

They have about 4000 stores, and are closing maybe 200 max.

What's that, 5%? Demographics change, and some stores might have to close.

There is a 40,000 sq.ft. Sears Hardware store near here that carries just about everything you'd need for the home.
The giant mall-style places, don't know too much about them, but they seem like dinosaurs.

A.J.R. · 28 December 2011, 08:57 AM

I buy my contacts through Sears so I venture into the a store once a year.

ratae1950 · 28 December 2011, 08:57 AM

In October I took relatives visiting from the UK there to pick up regular Levi jeans.

AWS · 28 December 2011, 10:42 AM

Sears Hardware stores left my area several years ago.

The Ace Hardware stores have recently started selling the Craftsman tools.

threemonkeys · 28 December 2011, 10:47 AM

I last went there a couple years ago to look for a new fridge. The sales people (if you were lucky to actually find one) were pretty unimpressive. I don't see myself returning any time soon.

Runnin' Rebel · 28 December 2011, 11:14 AM

17k to re model bathroom
11k for kitchen cabinets
I understand a profit, but come on
Good tool department though

mfer · 28 December 2011, 11:32 AM

FWIW, that is only 3% of their stores. There is still time, but their CEO needs to go. The K-Mart idea was horrible!

gypsy jim · 28 December 2011, 11:36 AM

I go there for a few things. Just this month I lost my dishwasher and clothes dryer. I got the replacements at Sears. The service and pricing was good. I like Kenmore products. (Whirlpool made?) I'll be sorry if they go. I have a lot of Craftsman tools. There heritage is unmatched. There are a few turn of the century Sears Victorian home packages that were built in my town.

Lion · 28 December 2011, 12:09 PM

I haven't been in a Sears in over 10 years but I do like the Craftman hand tools!!!

28 December 2011, 03:13 AM	#1
azguy Banned Join Date: Sep 2011 Real Name: ------- Location: ------- Watch: --------- Posts: 12,609	Sears In my humble opinion Sears isn't long for this world, not when they are seeing additional competition from Wal-Mart, Target Sam's, Costco, Penny's, Macy's, Home Depot, Lowe's and well you get the picture. My question is, when was the last time you were in a Sears store ??

28 December 2011, 03:30 AM	#5
Dr. Robert 2024 SubLV41 Pledge Member Join Date: Dec 2009 Real Name: Bob Location: U.S.A. Watch: 1655 Posts: 64,291	Last week.........Sears has great tools & car batteries. __________________ Founder & Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

28 December 2011, 03:33 AM	#6
TonyD 2024 Pledge Member Join Date: Jan 2008 Real Name: Tony Location: Boston North Watch: Meteorite Daytona Posts: 1,471	Sears is ok but the merger/takeover of Kmart was a mess.... There's a K mart near us that was changed to a "Sears Essentials" which is basically a Kmart that carries Sears tools and clothing. Not bad to have around. Not as cheap as walmart but they have stuff you need sometimes. Then they changed it back to Kmart. All the signs are Sears and they still sell Sears stuff.... but they won't take Sears returns and only honor some sale stuff and gift cards etc. They have no idea what they are doing now....... __________________ Pepsi GMT/SD43/DSSD Blue/ DJ41 TT Rose Diamond Dial/ Daytona Meteorite/ SS Sky Dweller White Dial/ IWC Bronze Big Pilot/ Aquanautic Super King / Omega Ploprof 1200 / Graham Scarab Diver

28 December 2011, 03:33 AM	#7
Dr. Robert 2024 SubLV41 Pledge Member Join Date: Dec 2009 Real Name: Bob Location: U.S.A. Watch: 1655 Posts: 64,291	P.S. Doesn't Sears own Kmart? I read somewhere that Sears is selling off or spinning off OSH hardware???? That should help keep them chugging along for a bit. __________________ Founder & Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

28 December 2011, 03:37 AM	#8
perpetualman88 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Jun 2011 Real Name: David Farkas Location: Los Angeles Watch: 116610, 5712/1A Posts: 8,182	sears is selling off over 100 K smart stores __________________ Instagram: @SwissWatchTime

28 December 2011, 03:14 AM	#2
MonBK Banned Join Date: Nov 2010 Location: Kingstown Posts: 58,279	They are the only ones who carries Craftsman.

28 December 2011, 03:21 AM	#3
drockadam "TRF" Member Join Date: Nov 2010 Real Name: Adam Location: Ontario, Canada Watch: Pepsi. Posts: 5,749	I went to Sears the other day. :)

28 December 2011, 04:34 AM	#10
77T 2024 SubLV41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 42,017	There are problems for sure. They have a great internet sales engine in Lands End. Kmart gave away profits last Qtr to get top line sales vs Walmart. Kmart has poor e-commerce potential. Sears Craftsman brand is losing ground among professionals who are going with Snap-on and other higher end tool brands. Plus the e-commerce potential for tools is like shipping concrete - not economical alternative. In brick and mortar traffic, Sears is reducing its footprint faster than previously done. In past they would give a struggling store a year to turn things around - now it's produce or die within 90 days or so. Losing 50% in share value this year is poor performance, too. The two majority holders are probably lining up assets sales - closing the 100 odd stores only save $500mil in inventory and a little more in payroll/benefits. __________________ Does anyone really know what time it is?

28 December 2011, 05:56 AM	#12
TattooedGQ "TRF" Member Join Date: Nov 2009 Real Name: Justin Location: NY, USA Watch: yo self! Posts: 2,686	I was in there the other day to pick up a stocking stuffer for my Father....and I used to work there when i was 17 or 18. What bothers me about the place is the Bi-lingual department signs all over....call me what you want, but it's the US, keep the signs in English. My Father and his family had to learn English when he came here, why start accommodating now? __________________ That boy's got the Devil in him. Rolex: I think I'm up to 9?? Omega: Got a few of those too. Breitling: And some of these.

28 December 2011, 06:31 AM	#14
bayerische "TRF" Member Join Date: Nov 2009 Real Name: Andreas Location: Margaritaville Watch: Smurf Posts: 19,879	They lost "Sears Tower" to Willis. It's all downhill now... __________________ Yeah, well, you know, that's just, like, your opinion, man.

28 December 2011, 06:47 AM	#15
Mike B "TRF" Member Join Date: Jun 2008 Real Name: Mike Location: Gilbert, AZ Watch: DSSD, Omega SMP Posts: 3,055	I just read in the local paper that they will be closing a bunch of Sears / K-Mart stores in my state very soon. This does NOT look good for Sears OR K-Mart.

28 December 2011, 07:23 AM	#16
azguy Banned Join Date: Sep 2011 Real Name: ------- Location: ------- Watch: --------- Posts: 12,609	I'm surprised at the comments; I know Sears has great tools, etc but I really thought it would be more like "2 years ago" was the resposnse I was expecting. Sears is owned by a Private Equity Shop that also owns k-Mart and others. What does a private equity shop know about retail, right. 4 years ago they had earnings EBITDA of over $4 billion, today around 4300 million While I agree with everything Dan Peirce has to say, Dan you are wrong here...will go out of business....it will be a sad day as the happiest day when I was a kid was when the "wish book" showed up in the mail for the Holidays.

28 December 2011, 07:59 AM	#18
Art 1 Banned Join Date: Feb 2008 Location: Florida, Canada Watch: Rol/Seik/Tud/Omega Posts: 30,244	Went into Sears about a week ago for the first time in maybe 10 years. I was very disappointed.

28 December 2011, 08:01 AM	#19
Dr. Robert 2024 SubLV41 Pledge Member Join Date: Dec 2009 Real Name: Bob Location: U.S.A. Watch: 1655 Posts: 64,291	First Montgomery Wards now Sears.........sad days.......bah humbug....Walmart, even the name sounds awful.....the others had class. __________________ Founder & Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

28 December 2011, 08:02 AM	#20
Route 66 "TRF" Member Join Date: Apr 2010 Real Name: Steve Location: Burbank, CA Watch: 214270 Mark II Posts: 4,121	I'd hate to see my source for Craftsman hand tools disappear. Their power tools are another matter altogether.

28 December 2011, 08:20 AM	#21
Ed Rooney "TRF" Member Join Date: Aug 2007 Location: Annapolis, MD Watch: Sea-Dweller 16600 Posts: 5,081	Just bought a washer and dryer there yesterday.

28 December 2011, 08:51 AM	#22
Sperry "TRF" Member Join Date: Jan 2009 Real Name: Jim Location: Alpha Posts: 3,383	Uhh . . . lets look at this again. They have about 4000 stores, and are closing maybe 200 max. What's that, 5%? Demographics change, and some stores might have to close. There is a 40,000 sq.ft. Sears Hardware store near here that carries just about everything you'd need for the home. The giant mall-style places, don't know too much about them, but they seem like dinosaurs.

28 December 2011, 08:57 AM	#23
A.J.R. "TRF" Member Join Date: Jun 2011 Real Name: AJ Location: Oregon Watch: SUBC, DJII Posts: 1,827	I buy my contacts through Sears so I venture into the a store once a year. __________________

28 December 2011, 08:57 AM	#24
ratae1950 "TRF" Member Join Date: Jul 2007 Real Name: Peter Location: Cambridge Ma Posts: 2,331	In October I took relatives visiting from the UK there to pick up regular Levi jeans. __________________ Yunnoworameenmiduck

28 December 2011, 10:42 AM	#25
AWS "TRF" Member Join Date: Nov 2009 Real Name: Allan Location: USA Posts: 959	Sears Hardware stores left my area several years ago. The Ace Hardware stores have recently started selling the Craftsman tools.

28 December 2011, 10:47 AM	#26
threemonkeys "TRF" Member Join Date: Feb 2011 Real Name: Craig Location: Seattle-ish, USA Watch: GMTIIc, AK, LVc Posts: 7,022	I last went there a couple years ago to look for a new fridge. The sales people (if you were lucky to actually find one) were pretty unimpressive. I don't see myself returning any time soon.

28 December 2011, 11:14 AM	#27
Runnin' Rebel "TRF" Member Join Date: Jan 2010 Real Name: Mark Location: 🤔 Posts: 8,424	17k to re model bathroom 11k for kitchen cabinets I understand a profit, but come on Good tool department though __________________ ♛

28 December 2011, 11:32 AM	#28
mfer "TRF" Member Join Date: Mar 2007 Real Name: Mik Location: USA Posts: 13,724	FWIW, that is only 3% of their stores. There is still time, but their CEO needs to go. The K-Mart idea was horrible! __________________ member#3242

28 December 2011, 11:36 AM	#29
gypsy jim "TRF" Member Join Date: Nov 2008 Real Name: Jimmy Location: Kensington. Md. Watch: 168000 Posts: 281	I go there for a few things. Just this month I lost my dishwasher and clothes dryer. I got the replacements at Sears. The service and pricing was good. I like Kenmore products. (Whirlpool made?) I'll be sorry if they go. I have a lot of Craftsman tools. There heritage is unmatched. There are a few turn of the century Sears Victorian home packages that were built in my town.

28 December 2011, 12:09 PM	#30
Lion "TRF" Member Join Date: Jan 2009 Real Name: Leo Location: Midwest Watch: GMT-II 16710 PEPSI Posts: 21,461	I haven't been in a Sears in over 10 years but I do like the Craftman hand tools!!! __________________ SS GMT-II 16710 PEPSI(Z-serial#) THE ONLY DIFFERENCE BETWEEN MEN AND BOYS IS THE PRICE OF THE TOYS!!! MontBlanc Meisterstuck Doue Silver Barley MontBlanc Meisterstuck Solitaire Doue Signum Proud Card Carrying Member of the Curmudgeons.....Yikes!!!

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