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2017-07-08 Economy
Sears to close 43 more stores to cut costs
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Posted by Fred 2017-07-08 00:00|| E-Mail|| Front Page|| [645 views ]  Top

#1 60 years ago, I enjoyed going to the local Sears. It was a multi-floor that had everything except the car service in one building. It was fun to roam around.
Posted by AlmostAnonymous5839 2017-07-08 10:37||   2017-07-08 10:37|| Front Page Top

#2 i remember paging through the Sears Wish Book looking at all the stuff we could never afford to get when I was a kid.
Posted by CrazyFool 2017-07-08 12:20||   2017-07-08 12:20|| Front Page Top

#3 ...And yet somehow, the KMart right around the corner from us has survived the axe once again. At the rate things are going, I expect one of these days they'll rebrand as Highlander Mart.

Mike
Posted by Mike Kozlowski 2017-07-08 12:29||   2017-07-08 12:29|| Front Page Top

#4 I can remember the sporting goods section of a Montgomery Wards having a barrel with Mauser rifles sticking out of it for sale. Times, they have changed.
Posted by Besoeker 2017-07-08 12:36||   2017-07-08 12:36|| Front Page Top

#5 Zero stores = infinite profits

Not true. Zero stores = Zero profit.

However, Zero stores = infinite profit per store.

Zero stores = infinite profit per worker.

Just ask Enron.
Posted by Frozen Al 2017-07-08 13:08||   2017-07-08 13:08|| Front Page Top

#6 Sears was doomed when they stopped sending out the catalogues with the hole in the corner to hang it on a nail in the outhouse...
Posted by M. Murcek 2017-07-08 15:24||   2017-07-08 15:24|| Front Page Top

#7 Al, actually, while x/0 is infinity for x not = 0, 0/0 is indeterminate- in other words, an accountants dream - it can be anything you want it to be.
Posted by Rambler in Virginia 2017-07-08 15:25||   2017-07-08 15:25|| Front Page Top

#8 ...I remember a briefing at one job where they outlined our goals for 'lean manufacturing' - a 10% reduction in costs and workforce every year for the next ten years, with a 10% yearly INCREASE in production. (That's exactly how they explained it, BTW)

I did the math, and pointed out that meant in 10 years we would be making 100% more product every year at no cost and with no one working there.

For some reason, I was no longer employed there not long thereafter.

Mike
Posted by Mike Kozlowski 2017-07-08 15:31||   2017-07-08 15:31|| Front Page Top

#9 RiV you ever met a math-competent economist?
Posted by g(r)omgoru 2017-07-08 15:35||   2017-07-08 15:35|| Front Page Top

#10 Gee, just like Obamacare insurance exchanges. Wonder what's behind it all? /rhet question
Posted by Procopius2k 2017-07-08 16:11||   2017-07-08 16:11|| Front Page Top

#11 I talked to an old friend lately about some problems he had with Sears. I basically eventually wound up at "If all you can get there is Chinese crap, why not go to Harbor Freight where it's at least priced more appropriately?"
Posted by Thing From Snowy Mountain 2017-07-08 17:26||   2017-07-08 17:26|| Front Page Top

#12 I always thought their craftsman tools were pretty good.
Posted by CrazyFool 2017-07-08 22:26||   2017-07-08 22:26|| Front Page Top

#13 til they offshore'd them
Posted by Frank G 2017-07-08 23:23||   2017-07-08 23:23|| Front Page Top

#14 Sears no longer owns Craftsman. It's now 'controlled' by Stanley Black & Decker.

Craftsman Tools

Since Stanley Black & Decker now own 'control' Craftsman, Might as well buy tools etc from Harbor Freight as they apparently all come from the same places
Posted by Seeking cure for ignorance 2017-07-08 23:30||   2017-07-08 23:30|| Front Page Top

23:58 Zenobia Floger6220
23:56 Zenobia Floger6220
23:44 Zenobia Floger6220
23:30 Seeking cure for ignorance
23:23 Frank G
22:27 Anomalous Sources
22:26 CrazyFool
22:01 Pappy
21:44 Silentbrick
20:38 Frank G
20:27 Zenobia Floger6220
20:03 Frank G
19:13 Procopius2k
19:04 Skidmark
18:39 ed in texas
18:22 European Conservative
18:20 European Conservative
18:16 European Conservative
17:26 Thing From Snowy Mountain
16:19 Procopius2k
16:11 Procopius2k
16:06 Procopius2k
16:05 Procopius2k
15:53 Mullah Richard

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