/biz/ - Business & Finance

>>11413326
Gone with a whimper. No one cared.

I just bought a washer and dryer there literally 2 days ago
Thankfully I didn't buy the protection plan

>>11413326
Fuck this shithole boomer company. I bought a washing machine that broke and was inoperable TWO WEEKS after it was delivered. First, they charged me almost two grand and were weeks late delivering the shit to begin with. Then, the delivery service is nothing but contracted Mexicans who speak no English and rushed installing everything, causing a hose to leak (easy fix). A spider gear or some shit broke in the washer (Samsung chink plastic shit) two weeks later and it wouldn't spin. Someone was supposed to come out and look at it but never did. It took another two weeks to get a technician out to repair it, but when someone finally showed up he couldn't fix it and had to order the part. Part is on a nationwide backorder for THREE GOD DAMN MONTHS. I had to go to the laundromat like some trailer trash idiot for months waiting for the part. Eventually, I tell them I want a complete replacement of the washer which Sears agreed to. Another two months pass before I finally get a new washer. Go on their Facebook page and you'll see THOUSANDS of other people with the same complaints. And all this happened last year before shit really started going downhill.

FUCK SEARS

>>11413428
I feel sorry for the dedicated, hardworking employees though. They got royally fucked. All thanks to that greedy Jewish rat Eddie Lampert.

>>11413428
What you get for buying new shit crap when old shit works fine

>>11413382
I care. I need to know who's going to fill the box store space. Long stock until quarterly earning report

>Sears Holdings plans to close another 142 unprofitable stores
>The company has 687 stores remaining, including Kmart locations

How are they going manage to keep 545 stores of this dead carcass operating?

>>11413326
Suprised they are still around. A lot of people probably don't even know that they are. Completely irrelevant company.

>>11413326

>>11413475
>I care. I need to know who's going to fill the box store space. Long stock until quarterly earning report

I, for one, am so glad these fucking boomers cleared the path for big box stores for their big fat fucking spending habits, and now that they're too diabetic to make it outside, have left huge empty boxes in their wake. Thanks a fucking million.

Cool. What are we going to do with these Babies-R-Us/Toys-R-Us coffins?

>>11413443
Have you been to sears? They don't have these there...

>>11413326
good
now I can buy their dead boxes for cheap and make a killing
>approaching 100 million net worth

stay poor faggots

Sears was one wrong move after another. Imagine being THE mail order catalog and failing to see the importance of the internet and losing to an online book store. You could buy a fucking HOUSE from them at one point that you could assemble IKEA style.

>>11413487
Corporate greed and overestimating the fact are their stores are just entrance gates to the actual mall sand don't realize it a bunch of millennium's and Zoomer to just buying their clothes on Amazon and other retail stores that haven't failed to modernize. At least Macy's modernize a bit in the local one near my area and it's is doing well but the Sears across it is complete empty shell that it once was and it's one of the ones that is going to close

>>11413537
The one near me does. At least, it did. There's only a handful of people on the floor now but they are all veterans and have worked there for a long time. They got screwed out of their commissions, bonuses, pensions, etc. Fucking greedy jews.

>>11413428
Apparently Samsung washing machines are the most commonly seen ones on second hand sites and ebay etc. They are shit and no one wants them for long.

>>11413513
Hangouts for hobos/gangs/delinquent teenagers. It's going to be so authentic.

>>11413513
I'm thinking Amazon might scoop these places up

>>11413428
Just buy this used but working condition and it will never fail on you other than regular maintenance parts are cheap and easy to find. Fuck the fancy tech and water saving bullshit women and numales fall for

This is what happens when you fail against e-commerce and not invest in stores.

F

>>11413541
>100million net-worth
>chooses to shop at Sears

>>11413857
Top loaders always seem to do a shitty half-assed wash.

keep making & selling shittier and shittier products.
less people buy them.
make it even shittier, that should work...
less people buy them
make it even shittier, that should work...
less people buy them
make it even shittier, that should work...
less people buy them
goes bankrupt

no one is surprised

the OG shop from home company
they were Amazon before sperm boy Bezos was a twinkle in his fathers eye
Should have just stuck with catalog instead of shit tier stores in ghosted malls
they did us a favor by linking up with another sinking ship Kmart and will hopefully be taking them down in tandem
craftsmen is a sexist company anyway
who says girls can crank shafts

>>11413513

They served a function back when the internet wasn't around/was in its infancy. Just knock them all over and let nature retake the properties, only a fraction will be useful/needed for repurposing.

So... what happens to these bags I'm holding?

Have you guys been to a Sears in the last 2 years or so?
Fuck.
It's like a time capsule.
The one by my old house looks EXACTLY the same as it did when I was like 12yrs old.
I would look around while my father got tools he needed.
It's mind blowing that NOTHING has changed in that time soon.
Not even the layouts changed
Same old 90s registers.

>>11413557
When you put it like that, it IS fucking bonkers. I remember being a kid and having to look through sears catalogs to let my parents know what I wanted for Christmas, back when you had to use a phone book to look up local businesses instead of just googling "plumber near me". They had everything in the mail order business basically on lockdown for like 100 years, and then they fucked it up.

>>11413786
This. They're going to become amazon warehouses where you can pick up shit you don't want to wait 2 days for, not unlike Prime Now where its available. They'll beat out walmart just due to the fact you don't have to deal with the walmart clientele/employees.

>>11413399
Good luck with that product warranty that only covers manufacturers defects (basically nothing). And here you could have had annual preventative maintenance and replacement guarantee. It’s risk free cancellation so assuming you bought the 5 year protection plan after 4.5 years you can cancel the plan and get a full refund. It’s a signed contract regardless if the store closes or sears goes out of business. Your product will be covered regardless.

I feel sorry for you

>>11413399
>>11415626
You have less than 12 days to sign up and I shiver at the thought of you having to pay so much for replacement parts

yesterday? yesterday you said you'd call sears

Is there any hope of saving the business and then even small recovery? The stock price is currently 32cents would it be wise to throw like $100 into it and go long? Or is this the end?

>>11414964
It'll happen to amazon eventually. It's a lifecycle thing. Amazon will fail to adapt to teleportation or something.

>you now remember circuit city

>>11415706

The way things are going I'd say no. They might cut down their stores to the few that are used and stabilize for a decade before finally bleeding out when the internets tendrils are truly everywhere. If there's any room for growth I'm not really seeing it. I don't think you'd make much money unless you caught a fluke bump and you'd be better served looking for better risk/return options, though $100 is fuck you spin the wheel money anyway so do it if it sounds fun.

>>11415875
>become old enough where all those big stores during your childhood are fucking gone
Boomers have it rough

>>11415908
They're too selfish to care.

Oh wow, what a sly fox.

>>11416038
Jesus Christ what a fucking cunt

>>11413513
I suppose someone could grab them for cheap and make houses on the land, or make apartments in the warehouses.

>>11414890
The ones around me all shut down. However, I place a lot of online orders for Sears/Kmart each year. The rewards program is stupid easy to exploit.

>>11416365
>>11416038
self-dealing. wonder if there's laws against that.

>>11417094
i just joined kmart rewards, how to game pls respond.

>>11413428
>two grand
almost two grands for a washing machine? wtf

>>11417131
Go here and click the button. It gives you free money

https://www.shopyourway.com/app/20750/l/promotion/o52vohvkm8/promo-sweeps-weekly-37

I worked at Sears from 2008 to 2012 and I can say without a doubt that Eddie Lampert is an absolute sociopath who purposely ran Sears into the ground for his own personal gain.

While Wal Mart and Amazon were introducing new and cheap products, Sears was selling mediocre shit and pushing predatory Sears cards and horrendously overpriced protection agreements instead of simply trying to do better than the competition. It wouldnt have been hard to do, but you couldnt have done a better job of ruining Americas oldest and most monolithic Company if you tried. Im not sure if what Eddie Lampert did was illegal or not but Absolutely unethical at minimum.

Worked at this shit company for 1 month, quit without notice, never looked back. Absolute nightmare of a company to work for. GOOD RIDDANCE.

>>11413857
top loaders ruin my clothes, front load washers only anon sorry although if things breaks for front load it is quite expensive to fix which sucks

>>11418185
Pretty sure Lampert sold a bunch of Sears' real estate to his personal REIT and deliberately lent Sears hundreds of millions so he would be a creditor and could get a crack at more Sears real estate once it goes bankrupt

>>11417174
holy shit, NICE

>>11413428
>founded in the 1880s
>boomer company

whut?