(Scott Miller)

$400M Loan From Its Own CEO Is Only 1/10 Of What Sears Needs To Stay Alive

I don’t know about you, but if someone loaned me $400 million, it would just about cover all my debts. But I’m not a sagging national retail operation that hasn’t been relevant in decades. If I were, then I’d probably need a much, much, much bigger loan to get out of hock. [More]

Sears Survives For Now, May Not Make It Through 2016

Sears Survives For Now, May Not Make It Through 2016

Earlier this week, we learned that Sears Holdings Corporation is borrowing $400 million to pay its bills from a hedge fund owned by its own CEO. Yet experts look at this transaction from the outside and wonder: what does it tell us that the company’s own CEO has stopped offering it unsecured credit? [More]

Sears Fails Third-Grade Math

Sears Fails Third-Grade Math

Quick, what’s 2 x 15? Did you get 40? No? Then you’re apparently overqualified to run Sears’ website.

Sears Offer To Mail Customer Missing Key To Floor Model Snowblower

Sears Offer To Mail Customer Missing Key To Floor Model Snowblower

Aaron visited Sears to pick up a new Craftsman snowblower he bought for 10% off on Sears.com, but the store only had one floor model in stock. Aaron agreed to take the unit after staff assured him that it came with a warranty, manuals, and all the things normally bundled with new snowblowers. Of course, Sears couldn’t find either the manual or the keys. A salesman promised that “Ray from Lawn & Garden” would mail the key whenever he returned, an offer Aaron refused. The salesman then offered a key from another snowblower, promising “the keys are basically universal.” That key didn’t work because, as a different associate later discovered, the unit was missing its electric start socket.

Sears Cancels Your Account Of 44 Years Because Your Husband Died Ten Years Ago. What?

Sears Cancels Your Account Of 44 Years Because Your Husband Died Ten Years Ago. What?

Meet Judy, Sears’ ideal customer. When Judy’s husband died ten years ago, Sears, like her other creditors, assured her that she could continue using her account. Since then, Judy has used her Sears card to buy a washer, dryer, and refrigerator. Yet when Judy recently tried to buy a $142 saw, Sears insisted on immediately closing her account because it was in her late-husband’s name.

Help! Sears Is Charging Me Interest On A "0% For 24 Months" Deal And They Won't Stop!

Help! Sears Is Charging Me Interest On A "0% For 24 Months" Deal And They Won't Stop!

Reader Mike asks:

Sears Is Now Officially Too Incompetent To Even Take Your Money

Sears Is Now Officially Too Incompetent To Even Take Your Money

Gregg wants us to know that Sears has just hung up on one of the last people in America who hasn’t totally given up on them. He’s spent quite a lot of time lately trying to give them $1500 for a lawn tractor, but they just couldn’t figure out how to complete the transaction. Yes, Sears has finally gotten to the point that they can’t take your money even if you want to give it to them.