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Old 01-08-2019, 11:19 AM   #31
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We've now lost 2 tool sources in half a year, OSH and Sears. How much longer will Ace Hardware last? Then we only really have Lowe's and Home Depot.

For Appliances, another drop in availability.

Competition is going away each year.

It's something to be concerned about.
I think most Ace Hardwares are franchises that are privately owned aren’t they? If so, it would seem harder to shut them all down at once.
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Old 01-08-2019, 11:20 AM   #32
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Climber, you have a dangerous relationship with apostrophes.
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Old 01-08-2019, 11:21 AM   #33
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Revenue Decrease US$13.8 billion (2016)[2]
Operating income
Decrease US$-1.448 billion (2016)[

We should do everything to help out this poor poor company run by a billionaire.
I don't think anyone is lamenting the plight of any dickwad billionaire.

Sears is/was a more than century-old company and is part of American history. The company helped shape the country in a way (there are still, quite nice, old craftsman houses in California that were kits purchased from Sears. Allstate cars and motorcycles were purchased thru Sears, for example. It was a part of several generations' formative years). So yes, it is sad to see what was an important and historical company go away. Not sure why that is so hard to fathom.
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Old 01-08-2019, 11:22 AM   #34
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Lambert is triple dipping here. Total shit bag.

Become CEO
Borrow from personal investment firm to stay afloat (ESL Investments)
Sell properties below market rate to personal property investment firm (Seritage Growth Properties)
File bankruptcy
Try and buy remaining properties for debt owed to personal investment firm

This shit should be illegal
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Old 01-08-2019, 11:23 AM   #35
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Lambert is triple dipping here. Total shit bag.

Become CEO
Borrow from personal investment firm to stay afloat
Sell properties below market rate to personal property investment firm
File bankruptcy
Try and buy remaining properties for debt owed to personal investment firm

This shit should be illegal
And we saw it coming years ago. Literally, people knew he was going to do this shit years ago and now here we are.

Yes, it should be illegal.

He's a hell of a con artist, I'll give him that.
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Old 01-08-2019, 11:28 AM   #36
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Climber, you have a dangerous relationship with apostrophes.
So sue me.
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Old 01-08-2019, 11:28 AM   #37
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I don't think anyone is lamenting the plight of any dickwad billionaire.

Sears is/was a more than century-old company and is part of American history. The company helped shape the country in a way (there are still, quite nice, old craftsman houses in California that were kits purchased from Sears. Allstate cars and motorcycles were purchased thru Sears, for example. It was a part of several generations' formative years). So yes, it is sad to see what was an important and historical company go away. Not sure why that is so hard to fathom.
+1

I have two rifles which we inherited from my wife’s father that are branded as Sears & Roebuck. It was an American cornerstone.
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Old 01-08-2019, 11:31 AM   #38
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Not about Sears, but the whole hardware business in general.

All I needed was soldering wick this weekend; simple $3 rolll; couldn't find a damn small roll anywhere. Not Fry's, not Home Depot, not Lowes.

Fry's of all places didn't have it. Only inventory they had for all Bay Area stores was in Palo Alto for a 50 foot roll.

Done with my venting
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Old 01-08-2019, 11:33 AM   #39
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Not about Sears, but the whole hardware business in general.

All I needed was soldering wick this weekend; simple $3 rolll; couldn't find a damn small roll anywhere. Not Fry's, not Home Depot, not Lowes.

Fry's of all places didn't have it. Only inventory they had for all Bay Area stores was in Palo Alto for a 50 foot roll.

Done with my venting
Amazon Prime so you can get it fast would seem like the only option. Not fast enough but....
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Old 01-08-2019, 11:34 AM   #40
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jcpenney is circling the drain, also

shares selling at sub $1.00
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Old 01-08-2019, 11:37 AM   #41
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Amazon Prime so you can get it fast would seem like the only option. Not fast enough but....
I am a Prime Member, but it didn't help me at that moment. When I was at Fry's it got me thinking about the whole retail business in general. Getting harder to find things at a particular moment.
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Old 01-08-2019, 11:39 AM   #42
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I meant is anyone sad about it.

Is it a real loss to society? It's been dying for years.
The loss of choices is bad for consumers. We may think the internet will save us, but once we buy EVERYTHING from Amazon, we will be prisoners to whatever they want to charge or sell us. Online shopping will continue to consolidate, it won't be a good thing for most of us.
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Old 01-08-2019, 11:42 AM   #43
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I meant is anyone sad about it.
I'll admit I kinda am.
It was constantly in the backround when I was growing up... not unlike those comments about bands being the soundtrack of our youth.
You're still young....you will lose some familiar icons. Then perhaps you'll understand.
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Old 01-08-2019, 11:52 AM   #44
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Anyone remember Gemco before Walfart moved into California?

I didn't even know what Walmart was, growing up.
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Old 01-08-2019, 11:56 AM   #45
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I'll admit I kinda am.
It was constantly in the backround when I was growing up... not unlike those comments about bands being the soundtrack of our youth.
You're still young....you will lose some familiar icons. Then perhaps you'll understand.
Yeah. Toys-R-Us is gone too. Lionel Kiddie City for you east coast peeps is long gone too. I'n not going to cry in my pillow about it tonight but, there is a sense of nostalgic loss involved.
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