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Now adding to their initial closures announced last year.
Department stores are not WINNING.
Between Sears and Macy's I find it interesting that none of the stores identified are in the area I shop. The majority of the closures seem to be in less "booming" areas economically.
Guess you'll have to order that stove through Amazon!
It's a changing consumer base. Both Sear's and Macy's have been in decline for several years now.
It's just a matter of time before they close completely.
Both Macy's and Sear's have been in financial trouble for several years now.
Macy's decline started in 2014 and Sear's has been in decline since 2011.
It has nothing to do with Trump; it's a changing consumer base.
The last time I went into a Sears store was over a year ago. The store has not kept up with the times at all. Example, my washer went out and the old one was a Kenmore. I wanted to get another one. The salesman showed me exactly what I wanted and I said I would take it. The salesman said they would set up a delivery date, which was about two weeks later. I asked if they had another one in stock that I could take. They said yes, so I said I would take that one. I wanted to load it into my truck and take it home. They informed me that only deliver appliances, you cannot just load them into your truck. That is a deal killer.
Do you really think there will be a "boom" in brick and mortar stores which have been in decline for years now ?
It's changing consumer buying habits that is doing this, not politics and not who is sitting in the Oval Office.
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