Thread regarding Sears layoffs

Seriously, do you really think the clowns running the company can drive a profit or even know how too?

@WFypQ04-wno I remember something about the parent company being foreign owned and facing huge fraud allegations. So there may be a Chapter 22 like you say. lol

Mattress Firm is run about as well as Sears. Look for Chapter 22 (that's a joke for the humor impaired) in another 9 months.

Mattress Firm went through a Chapter Eleven and closed about 700 of their 50,000 stores. They are still in business. They closed the one across the street from the one across the street by me. lol

Mattress Firms just went tits up. Costco and IKEA are eating everyone's lunch

JCPenney was toe-to-toe with Sears, as well as Montgomery Ward. They all even had restaurants within their stores! JCP started to divest from most of the hardlines beginning in the early 1980s, sold off their auto shop to Firestone (Lifetime Battery Warranty, lol) and just went all into the softlines. JCP going back to selling appliances would have worked a bit better if they had just a bit more space. But alas, they have a Sephora store-within-a-store that takes up quite a bit of floor space (People are going to Ulta). I have a feeling that theyʻre going to go soon.

All these companies were their own worst enemy. Sears had that advantage of having all those branches that performed better than the core, but that ship has sailed a long, long time ago when the Sears brand wasnʻt associated with Eddieʻs Failure. Hindsight is 20/20.

For Sears to run spectacular ads, they'd need to have spectacular product. And that requires money. Is there money? I'd say no