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Old 01-05-2018, 07:10 AM
 
2,212 posts, read 1,073,495 times
Reputation: 1381

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Quote:
Originally Posted by ChristineVA View Post
But a boom would certainly be attributed to him, correct?

No. it would be attributed to the consumer base.

Why are you trying to connect retail shopping to who is sitting in the Oval Office ?
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Old 01-05-2018, 07:13 AM
 
2,212 posts, read 1,073,495 times
Reputation: 1381
Quote:
Originally Posted by budlight View Post
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.
Sears lost my business a long time ago for pretty much the same reason..they didn't change with the times.
I took my business to HD for the big appliances and am pretty happy with their service..both delivery options and their deliver to store and load up my truck.
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Old 01-05-2018, 07:13 AM
 
Location: USA
18,491 posts, read 9,153,100 times
Reputation: 8522
Quote:
Originally Posted by skycaller23 View Post
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.
Impossible. Everyone knows that the president of the USA has complete control over the entire global economy. If the Dow goes up or down 100 points, the president is directly responsible. If the unemployment rate goes up by 0.1%, it’s the president’s fault. If house prices crash, the president caused it.

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Old 01-05-2018, 07:14 AM
 
Location: Texas
37,949 posts, read 17,854,786 times
Reputation: 10371
Quote:
Originally Posted by ChristineVA View Post
Actually, on my Macy's thread, you will find my post stating that I did this for sarcasm and I don't personally believe it's Trump.

But, nononsenseguy, let me ask you this: if we can have thread after thread of economic success stories posted on the Politics and Other Controversies board (and all of them are attributed to Trump, BTW) should we not also be posting stories about areas of the economy that are not successes? Because there are winners and losers in every economy.

I'll ask another question also: If Macy's and Sears announced yesterday and today, that they were opening 100 new stores and hiring another 5,000 employees, would you have credited Trump for that? You actually don't have to answer because I already know what you answer that.
Economic success? I'm still waiting for the recovery and to get the sky high numbers of people on welfare down.

I see what you're doing. Good for you.
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Old 01-05-2018, 07:17 AM
 
5,719 posts, read 6,445,752 times
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I noticed over Christmas break that the Sears near my parents closed. It had been there since the 60s.


I think the more surprising thing is that Sears lasted as long as it did. I haven't been to one in 20+ years.
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Old 01-05-2018, 07:29 AM
 
Location: Pennsylvania
31,340 posts, read 14,251,948 times
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Quote:
Originally Posted by skycaller23 View Post
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.


Just an FYI - Macy's is still profitable, and is in much better shape than is Sears, which should already be bankrupt.
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Old 01-05-2018, 07:31 AM
 
Location: Somewhere below Mason/Dixon
9,469 posts, read 10,796,574 times
Reputation: 15967
Quote:
Originally Posted by No_Recess View Post
Brick 'n mortar.

Fred Flintstone types shop there.
Will millenials be happy when the malls and stores are all empty eyesores and unemployment is permanently at 30 to 49 percent? That is the future of this tech drive world where all shopping will be done online and most jobs are done by automation. I can’t imagine how society will adapt to this, no doubt socialism will be part of the plan along with all its flaws. Also there is so much more to life than a computer screen. Shopping and eating out are social experiences that many young people no longer value. They do not know what they doing to the world.. I guess I am one of those Fred flinstone types this post refers to. This new world the millenials are creating may ruin my retirement years.
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Old 01-05-2018, 07:35 AM
 
Location: OH->FL->NJ
17,003 posts, read 12,585,284 times
Reputation: 8921
Quote:
Originally Posted by mapleguy View Post
Sears Canada has closed every one of their stores in the past few months.


Now holding a clearance sale that few people are interested in going to.

XXX.
Dont fall for it. The liquidators are raising prices to lower them.


Quote:
Originally Posted by nononsenseguy View Post
I have never had a problem getting sales people to help me at Home Depot or Lowe's. And their people have always been knowledgeable and friendly. We have always bought pain at Home Depot, and Behr paint is the best!
Depends on the individual store. ALOT.

Quote:
Originally Posted by Old Gringo View Post
Sears employees anticipating layoffs might want to consider applying at UPS and FedEx, as those delivery giants are reaping the rewards of online merchandising.

Just a thought...
Employees in some of the closing stores are being recruited in store while they work as the Sears store closes. Some have had 5 or more offers. In many areas there is a shortage of people willing to work for chump change that can pass a drug test.

Quote:
Originally Posted by LM117 View Post
Eddie Lampert was the worst thing to happen to that company. He's just milking the real estate for all it's worth. You better believe he's gonna make out like a bandit when Sears finally goes under.
Quote:
Originally Posted by pknopp View Post
He set himself up to win no matter what happens to Sears. I hope somehow it unravels. This is our financial system now. As long as I get mine, screw everyone else.
Quote:
Originally Posted by BeerGeek40 View Post
Might be a little harsh, but Eddie either had a master plan to take over all the stores for his hedge fund (a process that continues to this day), or he is completely incompetent. Or maybe a little of both.
Quote:
Originally Posted by LM117 View Post
IIRC, a few years ago the position of President was open in the company for over a year since nobody would touch it because of Eddie, for the reasons you mentioned. A yes-man eventually filled the spot.
Eddie Lampert IS the worst thing but there is a plan there only he knows. Eddie is as ruthless as they come and mean as hell.

Why Sears is failing and closing stores - Business Insider

He would ruin a million people if it would make him a dollar, but don't think there is not a plan. He wins no matter what. He already has his initial investments back by multiples.

My guess is two track: 1 Bankrupt it in 2018 or...

2 Should Sears make it to 1 year from today this is my guess.

"Miraculously" the 200-300 Sears left will suddenly be "profitable", quite possibly after he owns the whole thing 100%. In fact it was a shell game all along; shifting costs here and there to make losses look bigger will suddenly shift elsewhere and Eddie will own the whole thing. It will be some variation on this using accounting concepts few understand.
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Old 01-05-2018, 07:36 AM
 
5,481 posts, read 8,571,815 times
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Macy’s has had massive layoffs every year for the past 10 years. Has nothing to do with Trump. Has to do with the shopping culture. Visiting dept stores is a thing of the past.
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Old 01-05-2018, 07:38 AM
 
12,905 posts, read 15,653,338 times
Reputation: 9394
Quote:
Originally Posted by danielj72 View Post
Will millenials be happy when the malls and stores are all empty eyesores and unemployment is permanently at 30 to 49 percent? That is the future of this tech drive world where all shopping will be done online and most jobs are done by automation. I can’t imagine how society will adapt to this, no doubt socialism will be part of the plan along with all its flaws. Also there is so much more to life than a computer screen. Shopping and eating out are social experiences that many young people no longer value. They do not know what they doing to the world.. I guess I am one of those Fred flinstone types this post refers to. This new world the millenials are creating may ruin my retirement years.
Don't blame millenials too much. I know many millenials and am a parent to two of them. I don't know ONE of them that hates shopping. My daughter LOVES to go to the mall. LOVES it. When I go to our very busy malls in my area, it has more millenials in it than any other demographic.

But the millenials also value getting necessities quickly. My daughter and son are BIG users of Amazon. Rather than run up to Target for some shampoo or socks, they will use their Amazon Prime accounts.
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