In article XnsA6F56F62F527Epogosupernews@
46.165.242.91, says...

woodchucker wrote in
:

Yep, not sure how selling off the better selling lines will save
Sears. If you sell them, you get quick cash, but then what?

Sears management beleives (or has deluded themselves into
beleiving, or more likely is trying to delude the share-
holders into beleiving) that with a little time and investment
they can recover the business. With current costs exceeding
revenues, they have neither time nor funds to invest. Hence
the idea that selling assets will give them time & money to
fix the problem.

I think Sears will go out of business shortly.

I agree with you. I don't think they have a clue how to
solve their problems - they're still trying to figure out
"how do we compete with Walmart", when the world has moved
on and the real competition is the likes of Dollar General
(and, of course, Amazon).

And in hand tools Harbor Freight. There are as
many Harbor Freight stores here as there are
Sears. I used to go to Sears in preference
because the closest Harbor Freight was twice as
far away and I drove past the Sears to get
there, but with that Sears closing, I drive past
Harbor Freight to get to the closest Sears now .
.. .