In all of our reporting on the recent woes of Sears Holdings, the real message is that we want Sears to stage a comeback and return to the retail greatness of decades past. Yet things don’t look very promising over at Sears HQ, and today the department store chain announced that its sales across comparable stores have fallen more than 10% in the last quarter. [More]
Almost eight months after New York Attorney General Eric Schneiderman sent cease-and-desist letters to several retailers including Amazon, Walmart, Sears and Kmart, those companies have agreed not to sell realistic-looking guns in the state.
Shop Your Way Rewards is not a difficult program to join. The process consists of giving your e-mail address to a cashier at Sears or Kmart, and…that’s pretty much it. It doesn’t cost anything. Yet the leadership of Sears Holdings Corporation remains fixed on the program and the idea of having “members” rather than customers, and we still can’t figure out why. [More]
Stores usually mean well. They just want us to expand the definition of what we think of as an appropriate gift for Mother’s Day. Instead of the traditional flowers, jewelry, and gift cards, they want us to consider buying our mothers a tablet computer. Or clothing. Or laundry detergent. Wait, laundry detergent? Isn’t giving your mother cleaning supplies completely against the point of the holiday? [More]
If there are aliens out there scanning our world’s media reports, at this point I’m terribly afraid they think humans don’t now how to dispose of their waste properly — from public bike paths to parked cars, we’re just a mess. In yet another instance of presumably otherwise functioning adults, police say a woman did her bathroom business in a box of security tags at a Kmart store in Wisconsin. Sigh.
While we’ve heard of suspected shoplifters obscuring pilfered items on their person in unique ways in an attempt at subterfuge, police in Kingsport, TN say one woman accused of trying to steal from a local Kmart cut right to the chase in her effort, as she allegedly attempted to wheel an entire jewelry case out of the store.
Sears Holdings has many assets: mostly, stores in malls that are slumping toward irrelevance, and strong brand recognition and loyalty among Americans over age 50 or so. The company is fighting to stay in business, and current efforts like offering Sears Canada stock to investors and selling stores to a real estate investment trust and leasing them back are part of that effort. Is all of this working? Well, Sears leadership sounds optimistic. [More]
As Sears Holdings, the parent company of Kmart and Sears, tries to save itself from impending doom, the company is closing a number of its weaker stores. In the current round of cuts, Kmart stores are heavily affected, but the company wants to assure residents of one California town that in spite of empty shelves, their local Kmart store is not about to close. [More]
The new year has barely started, but it’s already time to shed a few more tears for Sears. The American retailing legend is trying to stage a comeback as a place where Americans are willing to shop again. Part of that comeback is shedding stores and facilities that it no longer needs. It’s time to add facility to that list: a parts distribution center in Dallas that employs 77 people. [More]
Americans seem to love and hate their Kmart and Sears stores: our posts linking to unofficial but comprehensive closing lists have been very popular in the last few weeks. Americans apparently love to complain about their Sears Holdings stores, but don’t really want them to go away. Sears Holdings CEO and chief manifesto-writer Eddie Lampert recently took to the company’s blog to explain why the chain is getting rid of up to 200 stores. [More]
Layaway is a useful tool that some retailers only offer during the holiday season. Let lets consumers without access to credit pick out gifts and pay them off over time––and, as one mother pointed out to me, keeps gifts hidden at the store, far away from impatient, snooping kids. Layaway was dying out before the Great Recession, and came back with its own folk heroes: the Layaway Angels. [More]
The secret to successfully shopping at Kmart is to spend as little time inside a Kmart as you can. We think that’s the message of a new Kmart commercial, which portrays the best shopping trip to Kmart as one in which you spend approximately three seconds in the store: long enough to grab your online order, but not long enough to notice the broken floor tiles. [More]
Last week, we shared an updated version of a list naming 109 Kmart and Sears stores reported by employees or local media outlets to be closing by early 2015. While Sears still won’t confirm or deny these reports on a company-wide level, the company did tell investors as part of its quarterly earnings report this week that it plans to close 105 more stores by the beginning of next year. [More]