RETAIL APOCALYPSE: Sears/Kmart announce dozens more closures

>Trump will save the econom-

Not exactly...

>Sears and Kmart store closings list: 21 Sears and 5 Kmart locations to close in October

>More Sears and Kmart stores are on the chopping block.

>After closing thousands of stores over the years, and nearly six months after emerging from bankruptcy with about 425 stores, the two retailers' parent company announced Tuesday that 21 Sears and five Kmart stores will close in late October.

>“We have made the difficult but necessary decision to close 26 large-format Sears and Kmart stores in late October,” the company statement said, noting the Sears Auto Centers at many of the stores will close in late August.

>According to the statement, liquidation sales are expected to begin around Aug. 15, and eligible associates "will be offered the same number of weeks of severance as offered to employees of Sears Holdings Corporation prior to that company’s Chapter 11 filing in October 2018.”

>This is the first list of closures the company has posted on its corporate website since Dec. 28... more closings are still a possibility, the company warned.

usatoday.com/story/money/2019/08/06/sears-and-kmart-store-closings-2019-26-stores-close-october/1940039001/

List of closures:

searsholdings.com/docs/080619_store_closing_list.pdf

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Other urls found in this thread:

jewishnews.timesofisrael.com/us-retail-giant-with-jewish-roots-sears-files-for-bankruptcy/
youtube.com/watch?v=iEd8l3EGfgA
twitter.com/NSFWRedditImage

It's called creative destruction you communist.

The Sears here is now an indoor go-kart track that also serves beer so you can get wasted and drive. I don't miss Sears at all.

It's not Trump's problem to save every single company in the United States. Those two in particular have been on a downward slide for decades.

It's safer this way. Too many mass shootings in large stores lately.

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sears refused to adapt to competition and technology, they still have sales people that work on commission for fuck's sake.

that dinosaur corporation deserves to go under

I WANT TO GO TO THERE

Hasn’t sears been on life support for ages anyway?

I cant wait for Best Buy to go out of business.... those diversity hiring, homosexual loving, white hating niggers.

Sears and Kmart have always been dirty shithole. They didn't update any store ever for 30 years. Fuck em.

Has zero impact on the economy, numbnuts. Amazon is killing brick and mortar stores. Market adjusts.

Online Shopping

they havent?

Best buy is somehow worse to shop at than walmart.

Guys OP does this every time a store announces closures. He has for like 2 years now. Whether he is really that stupid or memeing is debatable.

Fuck these shitty department stores.

So is it true or just a rumor that sears' CEO basically used the company to funnel real estate into another company he controlled
Cuz that sounds like someone should shoot him

>Whether he is really that stupid
its stupid to point things out? k retard.

No they are actually doing quite well

>Trump will save the econom-
>Not exactly...
Hey retard, even in a boom economy companies can go into bankruptcy.

>sears and Kmart continue the boomer peak growth era pricing and bullshit
>get butt blasted no one wants to pay $45 for a ratchet
>closes and blames everyone else

Yeah, and I heard that he strangles prostitutes.

Referring to his blaming of Trump not his pointing out that it is happening.

Lmao they have less stores than fucking radio shack now

This was happening in Canada before it even reached mainstream news in USA, let alone be misused as fuel against Trump.

Sears was a staple of American culture. Read about the history, it's actually quite fascinating how the company grew so large. The problem with their decline is that they didn't adapt to the online marketplace, and Craftsman tools moved their R&D to China in 2003 and the products went to shit; not necessarily the fault of Sears, but they've always been known as the main Craftsman dealer. Also, Sears has been consistently losing money for over a decade, but the CEO/board of directors are too proud to just liquidate the company.

Kmart however, I don't care about. It's always been a low class store since they opened.

Sears and Kmart have both been decaying companies for the past couple of decades as they failed to innovate for different eras and merely survived based on their aging customer bases. Their stores have been cripplingly depressing to walk through for a long time: there's no energy or life in them. I'm actually kind of surprised there are that many of them still around, quite frankly.
It's not exactly a bad thing for some businesses to fail. Capital gets redirected from failing companies to growing companies. Prize retail real-estate gets put to more efficient uses and that benefits all of society.

I worked for Sears when I was younger. Fuck them.

Essskit

Can you show me on the doll where they touched you?

I hate Best Buy as well. They hire so many employees (most of which are black) yet this store has some of the worst customer service I've ever seen. Clueless employees from my experience; I had to school the hoodrat who was working in the car audio section yet they knew nothing whatsoever about audio.

shit companies that can't keep up with the times going under is bad?

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nigger sears and kmart has been going down since before trump even thought about running faggot

If they had competent leadership, they could have been what Amazon is now. That's right...the largest dildo retailer IN THE WORLD.

blame amazon and walmart. brick and mortar is dying out. its the side effect of advancing technology. nothing can save them.
>After closing thousands of stores over the years
sounds like it was obamas fault and trump just took the reigns and kept the sled going the same way.
>fallacy
yep, and thats the point.

>Their stores have been cripplingly depressing to walk through for a long time
this is the exact feeling i always felt when going to kmart just last year i went to one that was having its closing sale and i went in and just felt the depressing atmosphere and immediately left

>work on commission
Commission is BASED. The lazy shouldn't be paid the same as the useful. I worked in the Sears auto shop after HS, and I busted ass, and made pretty good money on my commission. Flat rate is a good way to make your employees work as slowly as possible.

(((They))) didn't update any store ever for 30 years.
Fixed it for you. The corp kikes have been looting Sears for 30+ years.

>Literal name is Sears
>The kikes hate them! Trust me!

The move to Chicom tools was the last straw. They were decent tools for the middle-class home mech. Then they changed to Harbor Freight-tier with Craftsman labels.

Funnily enough, my Boomer mother really liked that depressing atmosphere because it was “quiet and you could actually enjoy shopping without having to feel like you were being hassled to get in and get out.”

You clearly know nothing about Sears's corp history.

its always trumps fault though.

Sears is already gone from here
No more christmas catalogues

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>Shit pay
>Refused to give raise
>Shitty customers
>Black coworkers

>black
>yet
you mean therefore.

I'm scared shitless, guys!

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>you don’t know nothin’ goyim
jewishnews.timesofisrael.com/us-retail-giant-with-jewish-roots-sears-files-for-bankruptcy/

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How does Target survive? I went in there once & saw the most miserable people I've ever seen in person there. All the employees looked like they wanted to die.

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Why would you want these dinosaurs around?

Israel FIRST

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>How does Target survive?

It's on it's last legs too. Walmart and Amazon have cornered the retail market.

>All the employees looked like they wanted to die.
It's the nature of the buisness, Skeeter.

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This. Make it all paintball and go karts and shit. Last time I went to a Sears, Bush was in office and the employees were already nogs.

nigger, you been working there for way to long. lol.

Target smells weird all the time.

Kmart... Sears....

Had no idea either existed still.

sears is run by the most incompetent group of morons the world has ever seen
>inherit the sears empire
>have the opportunity to be GODS
price gouge and be the most expensive store around
>ruin the craftsman name by making it in china and wager on the lifetime warranty instead of lifetime quality
>file for bankruptcy and close 90% of your store
>Sell off fucking craftsman, but make a deal to be able to sell it royalty free for X years
>...
do you remodel the stores so they don't look like a coffee drinkers teeth or do you give yourself millions of dollars in bonuses
>give yourself millions of dollars in bonuses
>big break on that craftsman thing, they're making it in America again looks good
>better make more craftsman stuff in a blatant copyright violation
>make unauthorized unlicensed craftsman products in an arrogant display of blatant copyright infringement and theft
>...
>HUUURRR RETAIL APOCALYPSE WHAT HAPPENED HOW CAN THIS BE HAPPENING HELP WE NEED SAVED

These niggers had every opportunity to make it.
They threw it all away every step of the way.

It's okay leaf, internet porn exist now.

Everything will be one giant Amazon hellworld in the future.

Calling them "co workers" makes them sound like humans you nigger lover.

>amazon before amazon was a gleam in Jeff Bezos’s father’s eye.
>failed to capitalize on the internet
They deserve everything they get.

if i knew which wallymart you worked at it would report you to your boss to get your fired for being a nazi, you'd thank me in the end.

This happened months ago! Sears and KMart have been going out of business for years! Not news.

This is a sears/kmart closing thread, not a walmar thread.
Please dont shit up this thread by making it about your masters.
also make the move and go to school.

You pussy drunk driving is your right as a white man

>stores that were on their way out finish the job
>this is Trump's fault

Why do the chairs have tennis balls on the legs?

the future is now!

to not fuck up the floor retard.

They couldn’t afford non marring chairs?

I have ZERO sympathy for the management at Sears or Carson's or Speigle. All started as mail order catalog companies. When the internet was young they couldn't get over the idea of putting the catalog on line. They were so wedded to the status quo of buying print catalogs from Rand McNally and using the same old ad agency and old stores in decaying urban areas they let Amazon eat them alive. PS ... This started to happen in the early 80s. Trump had nothing to do with it.

Trump needs to get over to the Lawn & Garden Department and straighten that entire place out, stop using the 208cc Chinese knockoff engines in their mowers and get Craftsman to only use Honda engines, and come out with a nice 4-cycle handheld leaf blower.

Who cares about the floor of a break room where peasants eat? lol

For some of us, unfortunately, walmart is the only thing we have in life.

I'm in De Pere. Now kiss my fat, black, Puerto Rican ass.

Morale

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I'm jealous. My town has dozens of empty retail spaces just sitting unused. Might as well just tear them down and plant trees.

thats why it's based, it's a time machine back to the 80's 90's.

youtube.com/watch?v=iEd8l3EGfgA

Im sure its not that they couldn't afford it. its just they want it to have a certain "optics". to keep you down. like you're back in elementary school.

the new ceo is a money laundering kike that has lead sears on its destruction for years. Fucking retard, also sears is shit and has been even ross or old navy are better then sears.

>who cares?
Well probably mr money bags that owns the place. you wouldn't understand.

>I can't wait to get a connestoga wagon
>steam trains are the future
>I need to visit the blacksmith to get fittings for my saddle

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that dude looks like hes going to fucking lose it

It's 1 company.

They've been circling the drain for 20 years (the 2000 recession), if not more.

Fuck off shill.

>it's harder to buy big box chinese trash
and nothing of value of was lost dummy

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Sears sucks because malls suck and sears has shitty low quality garbage and is full of gross Mexicans. Kmart is fucking Kmart. Like toys r us they suck and I’m glad they are closing

>fat, black, Puerto Rican

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I used to love walking into Toyrus as a kid. Last time I went sucked. The quality of toys went to shit.

Best Buy in my city is packed to the walls on weekends, and does pretty well during school summer break. My city isn't very populated with n*groes, and the few who work at my BB have anime buttons, and ain't hood people. People who work there are at least professionally polite to me -- and I know they get a small % of commission.

Target, on the other hand, has 1/2 empty shelves, no in-store overhead music, clueless Starbuck's baristas, folks who are qualified to fold clothes, etc.

Bummer that Barnes & Noble will be gone within 5 years, or so--- or at least drastically reduced. BN was the place to go about 10 years ago,,, with a date, after dinner for coffee and cheesecake, to browse music and muscle mags for free, to buy Bargain books about history for 5.98.... (sigh).

>t. former long time retail worker now in totally unrelated prospering profession.

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Sears dying is entirely the fault of its corporate management. Its like there's a bunch of suits constantly trying to one-up each other on how to fuck over the company.

t. Sears wageslave

>mega corps shutting stores
>"this mean economy bad"

I'd call you a retard but you know that already

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This same faggot makes these posts constantly, everyone but retail online from the comfort of their home retard

The Sears CEO’s intention all along was to dismantle the company and sell the capital assets (or use the Realestate assets)... they never intended to adapt. Funny thing is, Sears literally started as a catalog where people could shop from home (ring a bell??)... they were Amazon before Amazon. All they needed was a few tweaks to their structure. Walmart was able to do that as was Target

True.
He makes money closing the stores.

both Sears and Kmart have POS (piece of shit) POS (point of sale) systems.

Few years back I TRIED to buy a very cute mini-fridge (fully frost free, with real freezer on top with its own door, etc). They couldn't get their shit together to sell it. WTF.

Ditto with Kmart. Good merch in the store, great prices, LOTS OF PARKING, but ALWAYS a train-wreck at check out.

Both systems look from the late 1970s, no joke, like just before everyone else went to scanners.

Hiring nothing but Nigs and foreigners not helping either.

Thanks for proving my point.

PS- I see parallels with Sears Tower and Apple's new "space ship" mega-headquarters.

IIRC the Sears Tower was also the pet project of their main leader who retired or died before it was completed when the company was still on the up-swing. They over built and leased out extra space on the theory that they'd been expanding for 100yrs and planned to continue.

Seen Tim Cook interview lately. Earnings down, excuses up, but most telling there is ZERO new ideas, or even fake new ideas. Hell, I could've babbled some shit about how "we gonna totally re-work the GUI to make it really, really whatever".

Having worked inside the 90% complete new headquarters and seen and heard Apple employees, including lots of top engineers and execs, and other things I learned, I'm totally down-grading the stock.

IMO there is LOTS of opportunity for "growth" in Smart Phones, mostly improving human interface and non-creepy "smart home (and car, etc) but Apple is clearly in a rut. I'm expecting good, non-creepy innovation to come from Turd World developers on Android. "How to feed the goat if tending your herd of wives" etc, or make your home's doors and lights work automatically.

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>less places for democrats to hit up
what's the catch?

besides being stuck in the 1970s, what killed Sears was repeated rip-offs of dumb broads ( of both sexes ) by Sears Auto Service.

Diehard batts and Sears tires were the most trusted brands in USA, but their service dept could stop ripping off everyone with bogus and jacked up repairs.

>two stores that have been wiped out literally a decade ago by the internet
You guys really arent trying anymore