On 1/13/2017 9:17 AM, Jack wrote:
On 1/12/2017 10:48 AM, Leon wrote:
On 1/12/2017 9:37 AM, Jack wrote:
On 1/11/2017 9:47 PM, wrote:
On Wednesday, January 11, 2017 at 10:17:14 AM UTC-6, Jack wrote:
Sears should be where Amazon is today, based on their long
history of
catalog and mail order sales.
--
Jack


Yes, hindsight is always 20/20. And it would be just as accurate to
say Radio Shack should be exactly where Best Buy and Dell combined are
today. In the 1970s and 1980s Radio Shack was the computer store.
Everything electronic was at Radio Shack. Radio Shack was in every
mall back then so they had presence everywhere in the country. All
the new computer buyers of the 1970s, 1980s, and into the 1990s should
have bought from Radio Shack. But the Shack is now about gone. Why
didn't the people at Radio Shack predict the prevalence of computers
and online everything that came 30 years later? Probably the same
reason Sears did not see everyone ordering everything in the mail
(FedEx and UPS are a big part) fifty years later.

It's not hindsight, it is now. Sears could have easily shifted to
online sales at any time, but my guess is management had their
collective heads where the sun don't shine.

Sears has had on line sales for most of this millennium.

After a thousand years of on line sales you would think they would be
better at it...


Have you looked at their P&L sheet? Their internet sales may very well
be what is making money. Speculation does not override the facts on the
balance sheet. The over saturated brick and mortar locations are
certainly a loosing proposition with few to no customers in the many of
the locations.

And the holding company may be totally at fault. It could very well be
robbing Peter to pay Paul/KMart. Sears was making money and not that
long ago. The losses in the last 20 quarters would choke any horse. If
Sears has had losses for every quarter in the last 5 years there must
have been profits prior to that.