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(Chicago Trib)   If you never knew that Sears owned the Land's End brand, well... I guess this isn't really news   (chicagotribune.com) divider line 33
    More: Fail, Eddie Lampert, cash equivalents, Hoffman Estates, Sears Holdings, Lands' End, ESL Investments, spin-off, hardware stores  
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1887 clicks; posted to Business » on 06 Dec 2013 at 1:51 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



33 Comments   (+0 »)
   
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2013-12-06 01:37:03 PM  
I knew that Sears bought Land's End the minute I started getting sale catalogs the week after the sale was over.
 
2013-12-06 01:54:09 PM  
 
2013-12-06 01:55:24 PM  
Speaking of kmart. Is it company policy that every single location is supposed to look like a bomb went off in there?
 
2013-12-06 02:00:54 PM  
I live near the LE HQ, so it is news around here. Sears shares are up 21% this year, so they may be circling the bowl but their stock is doing OK.
 
2013-12-06 02:17:52 PM  
Just get the numbers up high enough to sell it for more than you spent buying it.  Working that shiat like a true greedy pig.  fark him and what he's done to Sears, et al.
 
2013-12-06 02:21:05 PM  

Lampert, who took over as chief executive in February, has been criticized for not investing enough in the business, which has earned a reputation for dowdy merchandise and poor service compared to Wal-Mart Stores Inc. and Target Corp.



Really?
 
2013-12-06 02:26:42 PM  

BunkyBrewman: http://www.businessweek.com/articles/2013-07-11/at-sears-eddie-lamper t s-warring-divisions-model-adds-to-the-troubles

http://www.salon.com/2013/07/18/ayn_rand_killed_sears_partner/

Read those articles and you'll never wonder again why Sears is circling the toilet bowl.


so not only does austrian-school rightwing economic theory not work on a national scale, it also doesn't work when applied to a business. well there's a shocker.

i wonder how costco is doing...
 
2013-12-06 02:26:44 PM  

KarmicDisaster: I live near the LE HQ, so it is news around here. Sears shares are up 21% this year, so they may be circling the bowl but their stock is doing OK.


check out Bunky's second link. the stock price is going up because the company has bought 6 billion dollars of its own stock to artificially inflate the price. at the same time, they have invested only 3 billion in improvements.
 
2013-12-06 02:28:47 PM  

PerilousApricot: Speaking of kmart. Is it company policy that every single location is supposed to look like a bomb went off in there?


watch grownups 2, part of it takes place in what has to be the dream kmart.
 
2013-12-06 02:29:20 PM  
When your CEO worships Ayn Rand and gives out copies of Atlas Shrugged to his managers, there's no wonder why this entity is about to go through one of the most epic collapses in the history of our country.
 
2013-12-06 02:34:03 PM  
I just knew it from their gift cards.
 
2013-12-06 02:38:51 PM  
I bought something from land's end once (a pair of slip on shoes) it was a slickdeals deal.

After that, for about a year they sent me their huge catalog.

I ordered one item from your web site and never made an account, don't waste money sending me your paper catalog.

// or, be smart and make it a checkbox on your site

// I only ever bought one thing from them (a pair of slip on shoes), I don't think I'm their normal clientele because most of their stuff doesn't appeal to me.

// I bought the slip on shoes because of TSA checkpoints (they're easy to remove and put on). Prior to that, I was all sneakers, boots and dress shoes, none of which are appropriate footwear for both travel and security theater.)
 
2013-12-06 02:40:37 PM  
^ after reading my previous comment, I just wanted to re-iterate

slip on shoes

// redundancy :P
 
2013-12-06 03:19:33 PM  
This is Sears:
iPads are trendy and cool, a sign of status, so all the commissioned sales staff carry iPads around, and when people order a fridge or TV - basically, anything that is either delivered or picked up at will call, they do it on the iPad.

Now, they have to stand there, not near the cash-wrap (What Sears calls the register areas - not sure if other stores do), so they can really only input data with one hand, rather than input the data at the register and actually type on a keyboard. This is much slower. a credit card can be swiped on the iPad, but a receipt still has to be printed, so after filling out the order on the iPad (Which is now the only way they are allowed), they still need the POS register to print the receipt.

Of course, getting the register to be able to print the receipt from the iPads added complexity to an already aging system (The registers run MS-DOS, for Pete's sake. Not a FreeDOS, but MS-DOS 6.0).

This means that, even if the cash-wrap has 4 registers, there might only be one that reliably works with the iPad, so instead of the up-to 6 sales associates sharing three registers (Which works out pretty well), you have a line of sales staff waiting to print the receipt on on register.

It's not entirely bad. At the store I used to work at, when they changed all the phones to Cisco VOIP phones, it was a year before they made it so you couldn't transfer incoming calls to the store intercom. That made for some interesting shenanigans on slow days.
 
2013-12-06 03:22:21 PM  
Also, Lands End polo shirts are really nice.
 
2013-12-06 03:25:20 PM  

PerilousApricot: Speaking of kmart. Is it company policy that every single location is supposed to look like a bomb went off in there?



Same with Sears.  I've barely been in one since 1970.  I glanced and saw that they didn't even change the beige on beige on beige paint since I was there in 1970.

What will America do once they can no longer buy the mandatory "Sears Best" Autumn Wheat paint on sale every Spring?

Living rooms might have to be another color!
 
zez
2013-12-06 03:34:30 PM  
After my kids going through a backpack a year for school I quit buying the crap at Target and got them a Land's End one. Still looks brand new 4 years later.
 
2013-12-06 03:45:07 PM  
I'm not sure how to take the article seriously with stuff like:

"Apart from losing market share to Wal-Mart and Target, Sears is facing increased competition from online retailers."

Sears does not compete with Target and Wal-Mart. Sears competes with Macys, Bonton, JC Penny, etc.
 
2013-12-06 03:45:49 PM  

netringer: PerilousApricot: Speaking of kmart. Is it company policy that every single location is supposed to look like a bomb went off in there?


Same with Sears.  I've barely been in one since 1970.  I glanced and saw that they didn't even change the beige on beige on beige paint since I was there in 1970.

What will America do once they can no longer buy the mandatory "Sears Best" Autumn Wheat paint on sale every Spring?

Living rooms might have to be another color!


oh come on from 1970-1990 Sears was still the place to go for Diehard batteries, craftsman tools and even their Kenmore applicances were great back in those years.  Unless you had bank there was no reason not to shop sears for at least one or two areas of the store.
 
2013-12-06 03:49:30 PM  

Bullseyed: I'm not sure how to take the article seriously with stuff like:

"Apart from losing market share to Wal-Mart and Target, Sears is facing increased competition from online retailers."

Sears does not compete with Target and Wal-Mart. Sears competes with Macys, Bonton, JC Penny, etc.


I'll give you they don't compete with Wal-mart but they do compete with Target when it comes to clothing especially young womens.  Ask your middle school daughter would she rather go to Target or Sears for new clothes, odds are Target wins most of the time. Sears only thinks they are still competing with Macy's
 
2013-12-06 03:53:37 PM  

Bullseyed: I'm not sure how to take the article seriously with stuff like:

"Apart from losing market share to Wal-Mart and Target, Sears is facing increased competition from online retailers."

Sears does not compete with Target and Wal-Mart. Sears competes with Macys, Bonton, JC Penny, etc.


Not even close on that one.
 
2013-12-06 03:54:06 PM  
Lands End?  I got two of their shirts as gifts. Nice material but the buttons starting falling off on day two.  On one of the shirts a button actually broke in half just from me pushing it through a button hole.  Junk.
 
2013-12-06 04:00:47 PM  

BunkyBrewman: http://www.businessweek.com/articles/2013-07-11/at-sears-eddie-lamper t s-warring-divisions-model-adds-to-the-troubles

http://www.salon.com/2013/07/18/ayn_rand_killed_sears_partner/

Read those articles and you'll never wonder again why Sears is circling the toilet bowl.


sooo much schadenfruede  cause It's hard to feel bad for a maniacal Ayn Rand Devotee who literally adopted a business strategy that's straight out of a Dilbert cartoon
 
2013-12-06 04:08:00 PM  

steve_wmn: Lands End?  I got two of their shirts as gifts. Nice material but the buttons starting falling off on day two.  On one of the shirts a button actually broke in half just from me pushing it through a button hole.  Junk.


lands' end used to be good stuff. the midwest's answer to LL bean.
 
2013-12-06 04:24:38 PM  

steve_wmn: Lands End?  I got two of their shirts as gifts. Nice material but the buttons starting falling off on day two.  On one of the shirts a button actually broke in half just from me pushing it through a button hole.  Junk.


I noticed this as soon as Sears got their hook into LE.
 
2013-12-06 04:41:58 PM  
Lands End, when your fashion philosophy is "meh".
 
2013-12-06 04:56:40 PM  
I love Lands End. I just bought a coat and sweater, delivered this week. And I love their knit t-shirts, which will last several years. As long as they can stick around as an independent company, I don't care who owns them. The last time I was in a Sears, it looked absolutely terrible inside. Unless they come up with a complete overhaul, I don't ever want to set foot in one, again.
 
2013-12-06 05:28:23 PM  
I have been a LE customer since 1992.  I can buy a shirt from them for $30 and unless I do something stupid, it will freaking last and last and last.  Same with their shoes and pants, even if they cost a lot more than $40.  If I can get the size right, it's great.  When Sears took them over, I got very worried about the quality, and it sometimes can be  iffy.  But, they always give prompt credit for returns, and the website customer comment sections have been very reliable for me.  The only upside for the Sears takeover, in my case, was that I could go to a Sears store, and try on some of the new styles before going home and ordering online.
 
2013-12-06 05:49:08 PM  

steve_wmn: Lands End?  I got two of their shirts as gifts. Nice material but the buttons starting falling off on day two.  On one of the shirts a button actually broke in half just from me pushing it through a button hole.  Junk.


Their shirts usually last quite a bit longer. You should have just returned/exchanged it. Do you still have the shirts? You can return/exchange them, at Sears or through mail.
 
2013-12-06 08:02:34 PM  
Land's End became just another house brand. B-quality clothing with 400% markups that look like they're read for the thrift store. Keep a few of the A-grade names around so your B-game looks like a bargain.
 
2013-12-06 11:14:46 PM  
I like Land's End clothes.  They seem to last forever and fit me well.   I also liked I could just return them to the local Sears if I didn't like it for some reason.  Without that option I might not shop them anymore.
 
2013-12-07 06:55:11 AM  
1. Borders
2. Blockbuster
3. Sears
 
2013-12-07 08:35:55 PM  

drumhellar: Also, Lands End polo shirts are really nice.


Agreed. I have six of them on the way to me right now. I just wish that they would go back to offering more than one dress shirt in their whole lineup that wasn't treated with that wrinkle-free finish stuff.

/CSB:  I've been a Lands' End customer since the early '80s. They won my loyalty in college when I had a summer job doing labor, I got muscles, and none of my shirts from high school fit anymore. I sent them all back and got replacements in my new size, no questions asked. As a poor college student, that was a big deal to me. I'm just sorry that the general quality of their stuff seems to have faded over time.
 
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