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-   -   Sears - RIP (http://forums.pelicanparts.com/showthread.php?t=1010122)

drcoastline 10-15-2018 03:59 PM

Quote:

Originally Posted by legion (Post 10213571)
Sears owned most of its locations prior to Eddie Lampert taking over. He sold the locations to his REIT. I've long thought that Eddie Lampert's bet was that even if Sears went out of business, he'd make money on the real estate that he forced them to sell. Well, guess what? Most malls are not doing well and finding replacement tenants is difficult.

His best bet would have been to revive the catalog business online, put money into Sears' backend systems (where everything requires a follow-up phone call or two to complete and which haven't been changed since the 1980s), and invest in the stores by transforming them into hybrid retail locations/order fulfillment centers/order pickup centers.

NBC Nightly News just did a report on Sears closing. At the very end they said this year Amazon will be mailing out a toy catalog.

Hugh R 10-15-2018 04:06 PM

Quote:

Originally Posted by Jims5543 (Post 10213412)
They sold a pretty good house back in the day. If you find one for sale now people actually fight over them.

https://en.wikipedia.org/wiki/Sears_Catalog_Home


If you ever want to stay overnight in one of their houses we have one locally that is part of a mom and pop hotel in Downtown Stuart Florida.

Hotel in Stuart Florida Blue House (3 Bedrooms: 1 King, 1 Queen, 1 Full, 2 Singles/2 Bathrooms) - Hotel in Stuart Florida

My wife and I actually tore down a Sears shotgun house about 30 years ago to build a spec. house. We didn't make much, if any, money on the deal.

wdfifteen 10-15-2018 04:43 PM

Quote:

Originally Posted by Noah930 (Post 10215533)
I'm not a finance guy, but I think we are all missing the financial point. The guy who owns the place doesn't care if the chain goes down the tubes. That's why there has been no innovation or attempt to keep up with the times. The value has been in the brands that have been sold off, the properties/real estate, and the names/information from customer lists that have been sold to third parties. The parts are worth more than the whole. Lampert's taken a car (albeit a formerly running one), and parted it out.

That’s been the model for the demise of a lot of our great companies. I recommend the book “Glass Houses” for a stomach turning look at how it’s done.
We have strayed too far from the country we once was, when we made stuff. Now all that is important is making money, no matter what you have to destroy and how many lives you wreck to do it. We would be a better country if a degree in engineering paid off as well as a degree in finance.

RANDY P 10-15-2018 06:38 PM

Looks like the plan is to bring Craftsman back to USA production- it's emblazoned all over the craftsman.com website:

<iframe width="560" height="315" src="https://www.youtube.com/embed/ejy7l3uVSgg" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe>

jyl 10-16-2018 09:10 AM

Lampert had/has no vision of or interest in serving customers, innovation, or long-term investing. He was only interested in cutting costs, short-term financial returns, and transferring Sears' best assets to his separate ventures. He is also simply very bad at the business of retail.

CurtEgerer 10-16-2018 09:37 AM

Sears tool catalogs 1949 to 1974. Bought at an estate sale for $10.

http://forums.pelicanparts.com/uploa...1539707790.jpg

stevej37 10-16-2018 10:01 AM

^^^ I still have and use a Sears circular saw and sabre saw that I bought in the early 70's

WolfeMacleod 10-16-2018 12:15 PM

Sears is what happens when you take Ayn Rand seriously.

https://www.pbs.org/newshour/economy/column-this-is-what-happens-when-you-take-ayn-rand-seriously?fbclid=IwAR1VfS7Elq2rBbnmXNkHvAyLB7KdQrR-pyu1ZzRgGjtKFe5KmuOdpeOAONY

Seahawk 10-16-2018 12:26 PM

Quote:

Originally Posted by wdfifteen (Post 10215916)
As I recall toys were farther back in the catalog from the pages and pages of pictures of bras and panties. Somehow when you randomly opened the book it always fell open to the lingerie pages.

Dear Penthouse,

As I recall in the Sears catalog, toys were farther back in the catalog from the pages and pages of pictures of bras and panties. Somehow when you randomly opened the book it always fell open to the lingerie pages.

Imagine my surprise when the baby sitting caught me staring lustfully at the nearly naked models, perky and slim in their bra and panties.

"I am perky and slim", she avowed, reading my mind...


I, of course, read the Catalog for the articles.

jhelgesen 10-16-2018 12:48 PM

Sears sold off Craftsman in 2017 to B&D

https://en.wikipedia.org/wiki/Craftsman_(tools)

CurtEgerer 10-16-2018 02:37 PM

I worked at Sears in the mid-70s as a bicycle mechanic. In the winter months, I stocked the toy and sporting goods departments. In the weeks leading up to Christmas, customers would be buying toys faster than we could restock the shelves. It was total chaos on Saturdays. Also worked the year they brought out Pong. We had a display model setup and there would typically be 20-30 people in line waiting to give it a try.

http://forums.pelicanparts.com/uploa...1539725797.jpg

sammyg2 10-16-2018 03:46 PM

http://forums.pelicanparts.com/uploa...1539729582.jpg

http://forums.pelicanparts.com/uploa...1539729606.jpg

http://forums.pelicanparts.com/uploa...1539729657.jpg

http://forums.pelicanparts.com/uploa...1539729722.jpg


One of the very first electric guitars:
http://forums.pelicanparts.com/uploa...1539729740.jpg

http://forums.pelicanparts.com/uploa...1539729800.jpg

http://forums.pelicanparts.com/uploa...1539729878.jpg

http://forums.pelicanparts.com/uploa...1539729886.jpg

http://forums.pelicanparts.com/uploa...1539729983.jpg


http://forums.pelicanparts.com/uploa...1539730074.jpg

LEAKYSEALS951 10-16-2018 03:54 PM

Quote:

Originally Posted by CurtEgerer (Post 10217450)
Sears tool catalogs 1949 to 1974. Bought at an estate sale for $10.

http://forums.pelicanparts.com/uploa...1539707790.jpg

This post MADE MY DAY!!!!!!

That's my granddad's, then my dad's, and now my tablesaw! I have no idea if it dates back to 49, or a later model, but, my grandfather and my dad used it to build my grandfather's house in the 1950's in Fairfax Va. It sat in his workshed until my dad took it in the 1990's. I took it in the 2000's.

Wow! Thanks for posting this! I waited all day to get home to see if it was the same one!

http://forums.pelicanparts.com/uploa...1539728698.JPG
http://forums.pelicanparts.com/uploa...1539729048.JPG

Evans, Marv 10-16-2018 04:00 PM

I have one I use exactly like that, except it has the table extenders on the sides. It's on a base with casters. I roll it out to use pretty frequently.

URY914 10-16-2018 04:04 PM

We were a J.C. Penny's family. Sears was for the commoners. ;)

flatbutt 10-16-2018 05:07 PM

Quote:

Originally Posted by URY914 (Post 10217905)
We were a J.C. Penny's family. Sears was for the commoners. ;)

HA! I have clear memories of taking the bus downtown with my Mom in order to go to Sears and make a payment on our appliances. Then we'd go to Woolworths for a hotdog and a coke at the counter. 'twas a big life lesson for me on how to meet lifes responsibilities.

herr_oberst 10-16-2018 06:05 PM

Quote:

Originally Posted by URY914 (Post 10217905)
We were a J.C. Penny's family. Sears was for the commoners. ;)

That's funny, in my little town, the shopping hierarchy for the classes went Sears, Montgomery Wards and JC Penney bringing up the cellar.

It was probably different in every town in America back in the sixties and seventies!

CurtEgerer 10-16-2018 07:22 PM

Quote:

Originally Posted by LEAKYSEALS951 (Post 10217892)
This post MADE MY DAY!!!!!!

That's my granddad's, then my dad's, and now my tablesaw! I have no idea if it dates back to 49, or a later model, but, my grandfather and my dad used it to build my grandfather's house in the 1950's in Fairfax Va. It sat in his workshed until my dad took it in the 1990's. I took it in the 2000's.

Wow! Thanks for posting this! I waited all day to get home to see if it was the same one!

Sure looks like the one in the 1949 catalog. They don't build 'em like they used to :cool:

http://forums.pelicanparts.com/uploa...1539742896.jpg

CurtEgerer 10-16-2018 07:24 PM

http://forums.pelicanparts.com/uploa...1539743045.jpg

wdfifteen 10-16-2018 07:34 PM

Quote:

Originally Posted by LakeCleElum (Post 10215490)
When I was a kid, we used to order a crate of live baby chickens (chicks) in a box.

You had to be near the phone when they arrived. Clerk didn't want to listen to them and couldn't feed 'em...

You did that too? I think we got one or two dozen. Newly hatched chicks don’t have to eat for 24 hours, after that they drop like flies. Ours arrived by rail, and we were at the depot throwing scratch feed to then as soon as they got off the train. Great memories.


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