What does sears plan to do with the auto centers. Our district has been told to ship back many of our Michelin tires. Are they planning on closing us down or are they selling us off?
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Our tire inventory has almost doubled now. Very confusing.
Not entirely true,a bunch of Sears auto centers that have closed were sold for other retail businesses. Nordstrom rack has bought a few. Sears also said they would do a partial sale of the auto side, so some company may just pick and choose which auto centers they want.
Auto centers have been up for sale to anyone who was interested for years. No one wanted them. Now with Costco, Wal-mart, Valvoline, Napa, and others in the auto game competition is tough. No one will want the building either because of environmental clean up and the cost associated with that. As Sears goes so goes the Auto Centers
Yea, it doesn't look good....or help business at all.
I'm just concerned because no where in any of the reports that I could find were the auto centers mentioned. They talk about concentrating on best stores best members and best divisions. But no mention of auto centers.
We are asking the same thing in my shop. I haven't seen anything anywhere of a potential buyer though.