bob haller wrote the following:
On Jun 5, 9:48 am, "Ralph Mowery" wrote:

"bob haller" wrote in message

...


Their aggressive selling of credit cards, and making me wait while the
cashier processes their application ticked me off.

.my turn in line, I had waited 15 minutes for others to get cards.just


3 people had been ahead of me
So I said call a manager, I asked the manager are you a retailer or a
credit card supplier?
sir were trying to provide a service to our customers.

I don't know the numbers today,but read an artical about 10 years ago where
Sears actually made about 10 times the profit off the credit cards than they
did off the murchendise.

Not sure of the rates as I do not use that card, but it is probabaly 20 to
24 % now. That is a lot of profit.


Kmart sears management sold off ALL THEIR NON RETAIL assets to pay
down debt. Gone allstate insurance. NTB, sears card credit operation,
craftsman and i think kenmore got sold off too.


How can they sell off a brand name when they don't even make the
products under that brand.
Sears does not make anything.

sears used the non retail assets to keep their company going during
economic hard times.

well the economy sucks and sears doesnt have their safety net......

bad planning if you ask me



--

Bill
In Hamptonburgh, NY
In the original Orange County. Est. 1683
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