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Leon[_7_]

On 1/7/2017 10:37 AM, wrote:
On Sat, 7 Jan 2017 09:13:21 -0600, Leon lcb11211@swbelldotnet wrote:

On 1/6/2017 9:44 PM, Ed Pawlowski wrote:
On 1/6/2017 7:33 PM, wrote:

From past experience, B&D could be the death knell for Craftsman. The
only thing B&D does well is marketing.

According to the news they paid $900million for it

And while that might sound like a lot, I think 3 or 4 quarterly losses
out of the past 20 quarterly losses would eat that 900 million up.

Every town does not need multiple stores, get rid of the overages.
I'm sure Sears will still profit from Craftsman sales and probably not
as much but a store that is loosing money tends to stay that way and
mostly because of over saturation. I go to stores farther away as the
same brand that are closer stores very often.

Sears certainly isn't over-saturated in Atlanta. I think there are
only seven stores in the entire metro area (none in this area). Hell,
there are three HomeDepots and two Lowes within 15 miles of me. The
Lowes are all right across the street from the HDs, too. Oh, there
are two HFs in the same area. ;-)

It all depends on the location and the competition if you are over
saturated. IIRC in the Houston are there are only 5 large Sears stores
left. IMHO that is too many as the 3 closest to me are pretty much
empty every time I go in.
BUT In Houston there are also many like alternatives. Macy's, JCP and
none seem to be doing enough business to remain open. So that sector in
the Houston is overly saturated. Not to mention that there are probably
thousands of strip centers in the Houston metro area that offer almost
the same thing as the department stores like Sears.