How can we still be open our sales are down 5 mil ytd from ly, why are we still open
16 replies (most recent on top)
That's the joke....the poster was implying a single sears store doesn't have 5 million in sales, let alone 5 million to be down from.
It was obvious a joke about sears being broke.
@uwr they are DOWN 5 million Einstein!
I call BS. Ain't no sears left that does 5 million. Nice try
Anyone one who has access to the numbers knows which store the OP is talking about, but yea why someone would even ask which store number is crazy. This is an anonymous board!
@ehk you must be a special kind of stupid. What's your store number? Really?! You think anyone is going to answer that? What a dumb question.
reduced jobs, reduced hours, reduced inventory and lack of quality products will do that.
And if you say people are at the end of their ropes and you hope the store closes why not just leave before the catastrophe? Depending on severance and unemployment is a ticking time bomb.
BE THANKFUL YOU HAVE A JOB. START SAVING YOUR MONEY. PLEASE TRY AND PAY OFF YOUR DEBT. DO NOT START ANY NEW DEBT. GET YOUR REGULAR CHECK UPS AND GO TO THE DENTIST, IF YOU HAVE HEALTH INSURANCE USE IT.
@mfx I don't work in the inventory area....only saying what I have heard. It seems like there is an intention to decrease the volume of many of our stores based on the inventory sent to them.
The problem is more than inventory. 16 million dollar store, with easily a third of that in the last quarter. So year on year, they should have sold maybe $11 million, and they sold 6. That's a catastrophic drop, no matter what you've done with inventory.
Sure we continue to consolidate what is in stores, so it isn't that alarming. Would be interesting to see if your inventory levels are down by the same amount or what the ratio is. Once again not saying this is good, but you have to have all the metrics in front of you to tell what is going on.
Problem is the physical size of the stores in relation to the inventory being sent to the stores.
I'm the OP .... last year we were a 16 mil sears store DOWN 5 MIL this year so far, and every day down approx 50% to LY, yes our OM has done a great job cutting costs in our store and hours have been cut to the bare bones, its crazy no one on the floor 1 person in the cac, 1 cac closed, 1 person in FJ... hope they sell this place soon the staff are all at their ends of the rope if you will.
Don't know the total year to date but sales at my store are down most days from last year. Once in awhile they're not but I expect to see red. Thought this was the current Sears way.
5 million off of what size base revenue?
Whats your store number?
Most likely because your expenses have also decreased. Layoffs and hour cuts are the reasons why your company still exists.
Sears is likely looking for a buyer