U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > General Forums > Economics > Business
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 05-01-2014, 07:57 AM
 
164 posts, read 232,516 times
Reputation: 84

Advertisements

My own opinion, if they file bankruptcy, it has nothing to do with current economic situation. The only reason is their horrible management team. For Sears, I do not know why not Eddie Lampert leave sears alone and pursue his own interest at somewhere else especially his field in hedging? For JC Penney, luckily, they fired that stupid Apple Executive (well, Ron Johnson was grown up at Target), but I do not know can they turnaround? Could AMC theater case happen again on Sears/JC Penney?
Reply With Quote Quick reply to this message

 
Old 05-24-2014, 11:13 AM
 
Location: Columbus, OH
381 posts, read 536,554 times
Reputation: 525
Sears has been run into the ground by Lampert. He has used Ayn Rand's philosophies to the detriment of the company. They are already closing all the KMart's and the underperforming Sears locations.

I hope JCPenney is able to turn around. I try to patronize them and I've been surprised by some of the crowds I've seen there when they have sales taking place. Definitely in better shape than Sears.
Reply With Quote Quick reply to this message
 
Old 05-26-2014, 10:05 AM
 
12,635 posts, read 16,068,569 times
Reputation: 8580
Sears:2015
Penney's: 2017, might be able to escape it.
Reply With Quote Quick reply to this message
 
Old 05-26-2014, 10:55 AM
 
28,461 posts, read 74,333,669 times
Reputation: 18505
Eddie Lampert bought Sears for its real estate, with the uptick in economic activity this might be the time frame that FINALLY allows him to build support for the kinds of REIT style value tapping deals he is good at. If that is handled well and appropriate levels of investment are made in the core retail business Sears could be a nice play.

Over at Penneys the leadership does seem to know how to attract profitable customers. No real worries.
Reply With Quote Quick reply to this message
 
Old 06-01-2014, 10:36 AM
 
164 posts, read 232,516 times
Reputation: 84
Quote:
Originally Posted by chet everett View Post
Eddie Lampert bought Sears for its real estate, with the uptick in economic activity this might be the time frame that FINALLY allows him to build support for the kinds of REIT style value tapping deals he is good at. If that is handled well and appropriate levels of investment are made in the core retail business Sears could be a nice play.

Over at Penneys the leadership does seem to know how to attract profitable customers. No real worries.
I really not fan of guys like Eddie Lampert. He is a totally disgrace to Sears..I even want foreign retail investors coming in buy Sears rather than let this guy destroy the whole business.

He is not kind of guy build from ground. He loves hedging/valuation/IPO stuff...

Sears still have valuable brands like Kenmore/Craftsman...
Reply With Quote Quick reply to this message
 
Old 06-03-2014, 11:22 AM
 
Location: North Idaho
24,638 posts, read 32,276,528 times
Reputation: 49962
Sears just opened two new stores in my area. They might not be as down for the count as it appears.
Reply With Quote Quick reply to this message
 
Old 06-03-2014, 11:41 AM
 
20,915 posts, read 15,204,137 times
Reputation: 16205
I've made multiple purchases from sears.com with in store pickup and have been impressed with the speed and service level from them. Prior to this year I hadn't made a purchase there in probably 15 years
Reply With Quote Quick reply to this message
 
Old 06-04-2014, 10:28 AM
 
164 posts, read 232,516 times
Reputation: 84
Quote:
Originally Posted by oregonwoodsmoke View Post
Sears just opened two new stores in my area. They might not be as down for the count as it appears.
They open new stores in Oregon?
Reply With Quote Quick reply to this message
 
Old 06-04-2014, 10:36 AM
 
Location: North Idaho
24,638 posts, read 32,276,528 times
Reputation: 49962
Quote:
Originally Posted by xhgz View Post
They open new stores in Oregon?
One in Redmond a year ago and a new one just opened in Bend.

A big Sears in Bend closed a couple of years ago. Now a brand new one in a different location.
Reply With Quote Quick reply to this message
 
Old 06-11-2014, 07:46 PM
 
Location: Columbus, OH
381 posts, read 536,554 times
Reputation: 525
All the K-Mart locations in central Ohio have been closing. All of them were built decades ago and never updated.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Business
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top