Tuesday, December 27, 2011

Sears Announces Closing 100-200 Stores

We haven't shopped at Sears since June 2010. I needed to purchase a slip and some jewelry for Marcus' high school graduation. Charles and I commented on how dark the store was and that there was no real traffic in the store.

Now we hear that Sears will be closing 100-120 stores, including Kmarts. Analysis state that Sears missed the boat but not remodeling and updating their stores. They're also stating low electronic sales.

When Marcus was little we used to purchase most of his clothes there because Sears had a children clothing reward program. We also purchased our first vacuum cleaner and air conditioner from them.

When we moved to Las Vegas we went to a Sears Essential to stock up on swimwear, flip flops and summer clothes. I think we even bought our first digital camera there.

Questions: Do you shop at Sears/Kmart? Do you think that they'll be able to survive the bad economy?

1 comment:

Grandma Becky said...

I shop at Sears occasionally for my husband's pants and have noticed they don't replace them if something wears out on them like they used to. A hook on the front came out after wearing them two months and they won't return them. Awhile back they did but not they are probably losing money. We bought our new washer from them as well. But you have to spend alot of money to get any rewards. After the sale of washer, and a few clothes prior to that, our reward is $5. well it does save a bit of money but not what I expected. I hope they survive the economic crisis. Downsizing will help some. I rarely shop at Kmart.

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