looks like sears wants to use the harbor freight store model

Post #428,251 by boxley 4/4/19 10:51:14 AM 4/4/19 10:51:14 AM Reply	looks like sears wants to use the harbor freight store model https://www.wsj.com/articles/sears-after-years-of-closures-is-opening-stores-again-11554379761 "Science is the belief in the ignorance of the experts" – Richard Feynman
Post #428,258 by lincoln 4/4/19 2:16:15 PM 4/4/19 2:16:15 PM Reply	when was the last time you heard of anyone buying clothes or jewelry at Sears? I haven't done so in decades. They couldn't compete with Target, Wal-mart, or Kohl's for soft goods. The nearest sears to me is one of the small paint, hardware and lawn and garden shops. Used to pay my Discover bill in person until they started charging a fee to do that several years ago. And they closed it down last month. Satan (impatiently) to Newcomer: The trouble with you Chicago people is, that you think you are the best people down here; whereas you are merely the most numerous. - - - Mark Twain, "Pudd'nhead Wilson's New Calendar" 1897
Post #428,260 by Another Scott 4/4/19 2:31:27 PM 4/4/19 2:31:27 PM Reply	Lampert destroyed Sears for his own personal benefit. https://prospect.org/article/how-sears-was-gutted-its-own-ceo But just how much did Lampert vacuum out? That’s a surprisingly hard question to answer, if only because of the variety of schemes he employed. Lampert was at one point simultaneously Sears’s CEO, board chairman, transaction partner, landlord, and banker. (Upon the bankruptcy filing, he stepped down as CEO.) Because of his outsized role as Sears’s number-one creditor, he stands to gain in a bankruptcy even if his shares of Sears stock get wiped out. Through this ploy, Lampert has been able to transfer to himself all the salvageable assets of the company. And so far, it’s worked out. Cheers, Scott.
Post #428,270 by Ashton 4/4/19 3:50:33 PM 4/4/19 3:50:33 PM Reply	LRPD: "If a doctor ever tells me I only have a week to live I am going to spend it in a meeting."

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