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Old 12-24-2013, 07:41 PM   #1
Jay
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retail cratering

very interesting comments. per this article, I went and looked at the facebook page.
snip:
Sears might as well hang it up; they obviously no longer give a ****. The Facebook page is pathetically embarrassingly bad. Stench of death bad.

https://www.facebook.com/sears


Retail Shopping Traffic: Down 21.2%
http://market-ticker.org/akcs-www?post=227037
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Old 12-30-2013, 07:04 AM   #2
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I am amazed that SEARS is still in business. The only positive impact that they have managed to create in the past decade or two is the fact that they saved K-Mart from going completely under and shutting their doors. The reality is that the face of retail stores has changed drastically over the past 20 years and as long as Wal-Mart continues to grow, and it will do exactly that, other retail locations need to make major changes if they wish to stay in business.

Wal-Mart has changed the face of retail business forever and it seems that SEARS simply cannot or will not make the necessary changes in order to compete. In time, there is little doubt that SEARS will become a business that people talk about in a past tense. The Facebook page proves exactly what you are saying. If that is the best that a multi-million dollar company can do, they probably deserve to go under.
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Old 12-30-2013, 08:03 AM   #3
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Anecdotal report from my neck of the woods prior to Christmas was that traffic around the local shopping mall was as crazy as it ever was. Views from the nearby freeway indicated overflowing parking lots. I'm not sure if people were actually buying anything, but I avoided that mess as best I could.

Also, I picked up a handful of things at Walmart on the Thanksgiving day (evening) early start of Black Friday. It was pretty crazy in there at that time. Not so much a month later when I had to return to pick up an item that had to be shipped to the store.

@DG - Walmart and amazon will be the last two titans standing duking it out like Rock 'em Sock 'em robots.
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