Thread
:
Sears to sell Craftsman to Stanley/B&D
View Single Post
#
211
Posted to rec.woodworking
[email protected]
external usenet poster
Posts: 18,538
Sears to sell Craftsman to Stanley/B&D
On Sun, 8 Jan 2017 11:26:35 -0500, "J. Clarke"
wrote:
In article ,
says...
On 1/5/2017 6:17 PM,
wrote:
Sears today supposedly has value because of all the real estate it owns-occupies in malls across the country. Not because it has retail sales. The sales side started dying awhile ago. And likely will continue. K-Mart never upped its game to compete with Wal-Mart. So it is gone now. The Craftsman, Kenmore, Diehard brands are all good. But now days its easy to buy the same quality or better easily. No need to go to a Sears store.
And I do not know if the real estate value of Sears is good anymore either. I don't think malls are the gathering place they used to be. Several of the older malls in my half million people town have slowly withered. There is a NEW mall that is a happening place. But older malls, no. New, yes. Times have changed and Sears did not change with them.
What value? Liability for rent I can see but the era of the mall is over.
Going back some years we used to go to the mall a couple of times a
month to shop, maybe have lunch or at least a snack. I bet it has been
3 years since I set foot in a mall, but less than a week since I made a
purchase on line. Sales on line are up 17% last year according to NBC
news.
Amazon also lets me place orders in my underwear. Macy's frowns upon it.
How do they know? Hint--you can order online at
Macys, and the online store has some stuff (Big
& Tall sizes for example) that the brick and
mortar stores have to special order.
Sears Canada just recently got their S--t together on their website
too - electronic version of catalog shopping looks half decent. Take a
look at sears.ca
Reply With Quote
[email protected]
View Public Profile
Find all posts by
[email protected]