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(Chicago Trib)   Sears turns a profit   (chicagotribune.com ) divider line 17
    More: Weird, Sears Holdings Corp., namesake, department stores  
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1386 clicks; posted to Business » on 01 May 2012 at 11:21 AM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-05-01 10:11:19 AM  
I personally like Sears better than Walmart because

1) It's cleaner
2) You may navigate vertically instead of forced to move horizontally
3) There branding is more subtle than that stupid smiley face
 
2012-05-01 11:58:06 AM  

Because People in power are Stupid: I personally like Sears better than Walmart because

1) It's cleaner
2) You may navigate vertically instead of forced to move horizontally
3) There branding is more subtle than that stupid smiley face


...and since rich people like us Total-Farkers don't even think about cost, I carry my money in a Sears wheel-barrow.
 
2012-05-01 12:20:57 PM  
Sears lawnmowers are the crap.

Craftsman hand tools are a pretty good deal though.
 
2012-05-01 12:30:27 PM  
Into what?
 
2012-05-01 12:37:27 PM  
Why would I go to Sears?

They don't carry size 14 shoes.

They don't carry XXLT shirts.

I have all my appliances.

I don't have a yard.

I have better sources for hand tools.

I have been focused on doing more with less in the kitchen.

/Doesn't buy much normal stuff at all these days.
 
2012-05-01 12:58:31 PM  

Because People in power are Stupid: I personally like Sears better than Walmart because

1) It's cleaner
2) You may navigate vertically instead of forced to move horizontally
3) There branding is more subtle than that stupid smiley face


I like that I don't have to get all dressed up like when I got to Walmart.
 
2012-05-01 12:59:11 PM  
I like Sears
 
2012-05-01 02:03:33 PM  
I went to Sears yesterday. I wandered around for a while before I realized the place was full of fail and purchased my new gym shorts at J.C. Penney instead.
 
2012-05-01 02:20:44 PM  
Last time I was in Sears about 4 years ago to buy a pair of shoes, walked all over the store trying to find an open register. Finally found one in the womens clothing department, and had to wait in line nearly half an hour. Haven't been back.

Mom went there a couple of years ago to buy a new stove. Couldn't find a salesperson to help her. She left, and bought a stove at Best Buy, where she had no problem finding assistance. She hasn't bothered returning to Sears for anything either since then.

The local Sears store is only handy for a quick way into the mall, since hardly anyone is parked outside the store.
 
2012-05-01 03:24:57 PM  

wildcardjack: I have better sources for hand tools.


Sorry, i call bullshat. I've bought tools from everywhere - Craftsman hand tools are still the best in the world. And the walk-in replacement is still good on the set my father gave me when I was 12 - I just did it on a screwdriver I've had more then half my life.

/When I was 12 my father took me to Sears and said "We're going to buy you the basic tools you'll use the rest of your life." And by god, so far, he's right.
//made me very popular in the dorms - it's shocking how many people buy a chair and then don't realize they don't have a phillips screwdriver.
 
2012-05-01 04:45:00 PM  
Ever notice that Sears stores are usually at malls that are on their last legs, probably because Sears has been around so long? I'm talking about rough, ROUGH malls. Like there might be a Sears and a combination tattoo parlor/piercing outfit, but that's all.
 
DPF
2012-05-01 04:45:22 PM  
The kicker is, as a result of all the dickery sears/kmart did, Craftsman cut a deal with ACE.

The one thing Sears had in the exclusivity with Craftsman they pissed away. I'd rather go to Ace for Craftsman tools any day of the week than Sears. Silly bastards.
 
2012-05-01 08:43:23 PM  
Net profit, yes, but not an operating profit.
 
2012-05-01 09:56:01 PM  
Celebrate! Time to party like it's 1982!

Link
 
2012-05-01 10:03:32 PM  

aiiee: Sears lawnmowers are the crap.

Craftsman hand tools are a pretty good deal though.


Sears is making a 'profit' because they are dumping said good deal. If you go in to trade in your infinity warranty wrench, they will offer/push you to get one of the 'green' handle replacements.

Guess where those are made. And of what quality. And without said glorious infinity warranty.


Also sears/kmart bought a number of smaller local chains and then dumped the elderly know how employees for cheaper... less sophisticated individuals, while at the same time expanding upper managements numbers and pay.

/Although they do have great deals on teacher pants.
 
2012-05-02 03:37:52 AM  
Hold up.
Former sears employee, was actually happy to see this, when I saw this: "Sears sees net income between $155 million and $195 million," which is great.

Then I saw this part: "The first-quarter profit outlook includes about $235 million of gains from the sale of certain U.S. and Canadian stores"


So... ignore the "profits" from store closings, and they're back in the negative between 40 and 80 million.

le sigh.
 
2012-05-02 03:05:52 PM  

AkaranD: Hold up.
Former sears employee, was actually happy to see this, when I saw this: "Sears sees net income between $155 million and $195 million," which is great.

Then I saw this part: "The first-quarter profit outlook includes about $235 million of gains from the sale of certain U.S. and Canadian stores"


So... ignore the "profits" from store closings, and they're back in the negative between 40 and 80 million.

le sigh.


Edward Lampert - I wonder if most (or all) of the sold property will end up being leased back to Sears at some ridiculous rate, and if the people that ended up owning the property are 'acquainted' with Lampert?

Wikipedia: Lampert graduated from Yale University in 1984 (B.A., economics, summa cum laude), where he was a member of Skull and Bones and Phi Beta Kappa.

Huh.

/Flush Lampert to save Sears?
 
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