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(The Philadelphia Inquirer)   Sears to close its last department store in PA   (inquirer.com) divider line
    More: Fail, Department store, Sears, Sears department store, Willow Grove Park mall, large-format Sears stores, Last year, Sears store, expansive Sears retail chain  
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629 clicks; posted to Business » on 27 Jan 2022 at 3:55 AM (15 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



23 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-01-27 4:05:35 AM  
Chalk another one up for Eddie Lampert. The asshole.
 
2022-01-27 7:26:14 AM  
Sears is not a victim of Walmart so much as it is a victim of bad management. One of their bigger mistakes, Sears had the mail-order business locked up for years, with the start of the internet it was positioned to become what Amazon is today, but didn't. This along with other bad management decisions killed Sears.
 
2022-01-27 8:38:17 AM  
Too bad about Sears. Even when it became easy to buy anything on the internet, I'd go to the nearby Sears for basic clothing and household items.

But their registers were running some really old system and the last time I went to Sears to buy something, I left empty handed because the customer service person could not get the register to work.
 
2022-01-27 8:44:22 AM  

Ragin' Asian: Chalk another one up for Eddie Lampert. The asshole.


This
I hope that shiathole is eaten by rabid ferrets after being knifed by an exotic dancer
 
2022-01-27 9:10:35 AM  
sunshine day - the brady bunch
Youtube 9rKeqPEGMvM

Now where will they go?
 
2022-01-27 9:12:52 AM  

capacc: Sears is not a victim of Walmart so much as it is a victim of bad management. One of their bigger mistakes, Sears had the mail-order business locked up for years, with the start of the internet it was positioned to become what Amazon is today, but didn't. This along with other bad management decisions killed Sears.


They probably shut down the mail order business because management thought it was reducing "same store sales" which is an important metric wall street uses to measure the strength of a retail company.  The issue could have been addressed though simply with a "free shipping to a store" policy.

Amazon started doing their thing just two years after Sears shut down their Mail Order business.  It could have been theirs.
 
2022-01-27 9:52:51 AM  

Rattrap007: [YouTube video: sunshine day - the brady bunch]
Now where will they go?


Fark user imageView Full Size
 
2022-01-27 10:48:29 AM  

capacc: Sears is not a victim of Walmart so much as it is a victim of bad management. One of their bigger mistakes, Sears had the mail-order business locked up for years, with the start of the internet it was positioned to become what Amazon is today, but didn't. This along with other bad management decisions killed Sears.


This is continuously trotted out. Sears killed off mail order before ecommerce was viable, way back at the start of the 90s. Its entire model was also predicated on getting you an item in WEEKS, not days. You would have had to take a match to it and start from scratch, with technology that wasn't ready at the time. Basically you would have needed sears to invent amazon. If that is so easy, why didn't you invent amazon?

Sure Lampert and company burned it to the ground to extract value, but that was really all there was left to do at that point.
 
2022-01-27 11:41:11 AM  

LineNoise: capacc: Sears is not a victim of Walmart so much as it is a victim of bad management. One of their bigger mistakes, Sears had the mail-order business locked up for years, with the start of the internet it was positioned to become what Amazon is today, but didn't. This along with other bad management decisions killed Sears.

This is continuously trotted out. Sears killed off mail order before ecommerce was viable, way back at the start of the 90s. Its entire model was also predicated on getting you an item in WEEKS, not days. You would have had to take a match to it and start from scratch, with technology that wasn't ready at the time. Basically you would have needed sears to invent amazon. If that is so easy, why didn't you invent amazon?

Sure Lampert and company burned it to the ground to extract value, but that was really all there was left to do at that point.


First Sears could easily have changed their mail order model and they should have seen the potential in e-commerce.
 
2022-01-27 11:41:16 AM  

LineNoise: capacc: Sears is not a victim of Walmart so much as it is a victim of bad management. One of their bigger mistakes, Sears had the mail-order business locked up for years, with the start of the internet it was positioned to become what Amazon is today, but didn't. This along with other bad management decisions killed Sears.
...
Sure Lampert and company burned it to the ground to extract value, but that was really all there was left to do at that point.

Fark user imageView Full Size
 
2022-01-27 11:56:08 AM  

capacc: LineNoise: capacc: Sears is not a victim of Walmart so much as it is a victim of bad management. One of their bigger mistakes, Sears had the mail-order business locked up for years, with the start of the internet it was positioned to become what Amazon is today, but didn't. This along with other bad management decisions killed Sears.

This is continuously trotted out. Sears killed off mail order before ecommerce was viable, way back at the start of the 90s. Its entire model was also predicated on getting you an item in WEEKS, not days. You would have had to take a match to it and start from scratch, with technology that wasn't ready at the time. Basically you would have needed sears to invent amazon. If that is so easy, why didn't you invent amazon?

Sure Lampert and company burned it to the ground to extract value, but that was really all there was left to do at that point.

First Sears could easily have changed their mail order model and they should have seen the potential in e-commerce.


Me wonders why Walmart has not managed to pivot to the internet.

Walmart has been trying for 25 years now.
 
2022-01-27 12:12:13 PM  

capacc: First Sears could easily have changed their mail order model and they should have seen the potential in e-commerce.


Sears actually was infront of ecommerce. Remember Prodigy? They were a founder in it.

By 92 though their catalog business was bleeding money and people were not shopping online in any kind of numbers where they could just pivot to that, or wait it out for whenever it eventually started happening. They were concerned with fighting off walmart at the time.

Likewise their distribution wasn't in a way that would make anything close to the levels of service we see from the big places today possible. NOBODY had that level yet, and wouldn't for a decade, except maybe a handful of small niche things you could just toss in the mail from central distribution centers (Like cd's).

You might as well say Sears should have seen electric cars coming, and pivoted to that, as they had an auto department.

Sears didn't need to transform their business, they needed to create an entirely new one that didn't exist.

Now you do have examples of retail that never went balls in on ecommerce and have made it through, but none of those places really have sears core product line, so if you wanted to keep brick and mortar, you were also asking them to turn into a store that wasn't Sears.
 
2022-01-27 12:46:08 PM  

mcreadyblue: Me wonders why Walmart has not managed to pivot to the internet.

Walmart has been trying for 25 years now.


Because when given a choice most Americans won't shop at Walmart if price and convenience is the same. Walmart occupies a large niche in our economy selling cheap junk that is nearby. They are being nibbled out from the bottom by Dollar stores, from the side by Target / Kohls and from above by Amazon.

Good riddance.
 
2022-01-27 1:00:52 PM  

madgonad: mcreadyblue: Me wonders why Walmart has not managed to pivot to the internet.

Walmart has been trying for 25 years now.

Because when given a choice most Americans won't shop at Walmart if price and convenience is the same. Walmart occupies a large niche in our economy selling cheap junk that is nearby. They are being nibbled out from the bottom by Dollar stores, from the side by Target / Kohls and from above by Amazon.

Good riddance.


Why do you say most Americans would not shop at Walmart?
 
2022-01-27 1:06:05 PM  

mcreadyblue: Why do you say most Americans would not shop at Walmart?


You can't even read the whole sentence can you?

If convenience and price is the same they will go elsewhere. There are very few Walmart loyalists.
 
2022-01-27 2:41:54 PM  

madgonad: mcreadyblue: Why do you say most Americans would not shop at Walmart?

You can't even read the whole sentence can you?

If convenience and price is the same they will go elsewhere. There are very few Walmart loyalists.


How do you know this?
 
2022-01-27 3:24:00 PM  
The Decline of Sears...What Happened?
Youtube Qws713t3HBY


/His comparing Sears to a long washed-up rockstar that's completely out of touch with his fans is perfect.
//He's also right to say that he doesn't know what the fark Eddie Lampert has been trying to do for years. At some point he seemed to be trying to save the company, at another he seemed to be trying to vulture capitalize it. Today he's failed at both, and its unclear what the fark he was going for.
 
2022-01-27 3:32:59 PM  
In the mid/late nineties or so, Sears had a great model were you could buy stuff online and pick it up at the store. T This was great for larger items for sure.  I experienced two major problems with this that could have been fixed if they desired to do so.

1. The inventory system was not great.  Sometimes you would show up and the items were not available there.  This got better then it got worse as Sears spiralled.
2. The employees seems to hate this.  I don't know if these ate into their extended warranty bonuses or some shiat, but the company did not make it easy for the employees to like supporting pick up orders.

Sears had it in their grasp, but didn't take that step.  I don't know if they could have competed with Amazon in the end, especially in cloud compute, but it would have been a viable option.

Oh well, at least they had good lunch time parking for a while.  Not many cars and right across from the food court.
 
2022-01-27 6:30:15 PM  

wingnut396: In the mid/late nineties or so, Sears had a great model were you could buy stuff online and pick it up at the store. T This was great for larger items for sure.  I experienced two major problems with this that could have been fixed if they desired to do so.

1. The inventory system was not great.  Sometimes you would show up and the items were not available there.  This got better then it got worse as Sears spiralled.
2. The employees seems to hate this.  I don't know if these ate into their extended warranty bonuses or some shiat, but the company did not make it easy for the employees to like supporting pick up orders.

Sears had it in their grasp, but didn't take that step.  I don't know if they could have competed with Amazon in the end, especially in cloud compute, but it would have been a viable option.

Oh well, at least they had good lunch time parking for a while.  Not many cars and right across from the food court.


Yep, the very first thing I ordered online was from Sears back in the 90's. It was a light fixture for over my kitchen booth. Looked all over the place and must of been to over a dozen stores and I ended up finding what I wanted on Sears website sitting in my underwear and eating breakfast. I thought that was awesome.

I'm not a fan of Walmart but I've been ordering quite a bit of stuff off over their website because of free shipping to the store. The last thing was a power supply for my modem. ebay and Amazon wanted 40+$, found it on Walmart for $11 brand new.
 
2022-01-27 8:22:14 PM  
Held on longer then Monkey Wards
 
2022-01-27 8:59:12 PM  

capacc: Sears is not a victim of Walmart so much as it is a victim of bad management. One of their bigger mistakes, Sears had the mail-order business locked up for years, with the start of the internet it was positioned to become what Amazon is today, but didn't. This along with other bad management decisions killed Sears.


Exactly. They had a distribution network that was second to none. Turn that huge catalog into something like Amazon and they would be a Titan today.
 
2022-01-27 10:41:07 PM  
I don't understand why, when he could've chosen to be Jeff Bezos, he chose to stay Eddie farking Lambert instead...
 
2022-01-28 11:02:39 AM  

capacc: Sears had the mail-order business locked up for years


As a kid I was amazed at their rural presence with appliance and catalog order stores. Some small towns near me had Sears appliance stores that were often small laundromats in the front (with Kenmore washers and dryers, obviously) and also appliance sales stores. All the farmers and small town folk that needed a new fridge, chest freezer, washer, dryer, etc. could go see what was at Sears and pick out some new stuff. It would be delivered just the same as in a city. The back of the store had an order counter that was also a catalog order depot where you could pick out literally anything in the Sears catalog and it would be delivered to the store within some days or a week for you to pick up. It wasn't mail order because that wasn't a huge widespread thing back then, and free shipping wasn't yet a huge sales draw. But the ability for rural town folk and farmers to go to a Sears catalog store for anything sold by Sears was amazing at the time.
 
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