Originally posted by jnormanh
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Sears - more bad news
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1963 Champ "Stu Bludebaker"- sometimes driver
1957 Silver Hawk "Josie"- picking up the pieces after an unreliable body man let it rot for 11 years from an almost driver to a basket case
1951 Land Cruiser "Bunnie Ketcher" only 47M miles!
1951 Commander Starlight "Dale"- basket case
1947 Champion "Sally"- basket case
1941 Commander Land Cruiser "Ursula"- basket case
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Originally posted by Stu Chapman View PostWhat is tragic is that 12,000 employees, some of whom have 35 years service, will likely not receive any severance and possibly reduced to no pension. I don't know about the reasons for Sears' decline in the U.S. but in Canada, management simply have not been capable of running such an operation.
Craig
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Originally posted by BobPalma View PostFinally, after a "Going Out of Business" sale that lasted for months because they kept bringing in new merchandise, the K-Mart store here in Brownsburg finally closed for good last week. Signage is down and the place is vacant. Most of us wondered how it lasted this long. BP
Corporations, governments, and just about any human activity, must, by their very nature, have a purpose to "serve." Name anything that lost sight of their "service base," and you will see a "forfeiture" of any reason to exist.John Clary
Greer, SC
SDC member since 1975
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Gander Mountain has been doing just this for months...
Sold out to Camping World... Shutting down stores... But...
Moving merchandise from the closed stores to 'selected' closing stores..
Kind of a scam in my book...
Originally posted by BobPalma View PostFinally, after a "Going Out of Business" sale that lasted for months because they kept bringing in new merchandise, the K-Mart store here in Brownsburg finally closed for good last week. Signage is down and the place is vacant. Most of us wondered how it lasted this long. BPHTIH (Hope The Info Helps)
Jeff
Get your facts first, and then you can distort them as much as you please. Mark Twain
Note: SDC# 070190 (and earlier...)
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CBS News this morning reported that Sears of Canada was liquidating all holdings starting late October and will be laying off 12,000 people.
Bob Miles
Tucson AZ
Opps did not see Stu Chapman's post until after I had posted this one. Still a crying shame.
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Originally posted by 6hk71400 View PostCBS News this morning reported that Sears of Canada was liquidating all holdings starting late October and will be laying off 12,000 people.
Bob Miles
Tucson AZJohn Clary
Greer, SC
SDC member since 1975
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Originally posted by DEEPNHOCK View PostGander Mountain has been doing just this for months...
Sold out to Camping World... Shutting down stores... But...
Moving merchandise from the closed stores to 'selected' closing stores..
Kind of a scam in my book...
'Went back a couple weeks later and lo and behold, they had a whole new shelf of them (same item, same place, new stock) for 30% off! BPWe've got to quit saying, "How stupid can you be?" Too many people are taking it as a challenge.
G. K. Chesterton: This triangle of truisms, of father, mother, and child, cannot be destroyed; it can only destroy those civilizations which disregard it.
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Originally posted by jclary View PostWell...do you have a trustworthy news source to verify that?
Stu Chapman
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Originally posted by DougHolverson View PostSounds like a good time to fill in gaps in the old tool set.
I'll pay the price for Snap-On or Mac or other USA made stuff. I would rather keep my neighbor employed.Money may not buy happiness, but it's more comfortable to cry in a Mercedes than on a bicycle.
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Originally posted by Stu Chapman View PostThis is accurate John. Subject to court approval, since they couldn't find a new investor, liquidation will begin October 19th and all Sears stores in Canada will likely be closed within about 3 months with 12,000 employees gone. It is highly unlikely the court will force them to try and find an angel since they've already exhausted all sources.
Stu Chapman
What is incredible is that while typing this reply...I just saw a SEARS commercial on TV! They are claiming huge discounts on all sorts of merchandise. Probably stuff getting loaded up and shipped down from Canada's closing stores...or merchandise originally intended for Canada being diverted.John Clary
Greer, SC
SDC member since 1975
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Went by our local Sears earlier this evening and there were hardly any cars in the lot.
Sears announced that they were closing the last Kmart in Omaha. The Kmarts in Lincoln closed years ago and I think that there no longer any Kmarts in Nebraska. The closest Kmart to me is now on the far eastern side of Council Bluffs, Iowa, a trip not worth making for something that I probably get somewhere in town.\"I\'m getting nowhere as fast as I can\"
The Replacements.
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Originally posted by Stu Chapman View PostNow the deed is done. Today the court approved Sears' application to liquidate and close all remaining stores. The liquidation sale will begin next Thursday and should last from 10 to 14 weeks. Sad.
Stu ChapmanGary L.
Wappinger, NY
SDC member since 1968
Studebaker enthusiast much longer
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Originally posted by studegary View PostShould that be qualified as "all remaining stores in Canada", or does it really mean all remaining stores?sigpic
55 President Deluxe
64 Commander
66 Cruiser
37 Oldsmobile F37 4 Door
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