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Sears Can't Survive As A Retailer, Davidowitz Says - Video

Thursday, August 22, 2013 - 5:09 PM
He comments on the economy as a whole, revealing concerns with other companies, and part time employment stats.   Is he right or missing the big picture?

Sears Can't Survive as a Retailer, Davidowitz Says: Video - Bloomberg
4
MikeMike327 posts since
Feb 22, 2010
Rep Points: 876
1. Thursday, August 22, 2013 - 5:30 PM
When K-Mart bought Sears it was a sign of what was coming for Sears.  The old Sears is gone forever.  It's like a self-serve second class store now with one salesperson having to handle more than one department and not knowing anything about the products in either one.  I loved the Sears of old but this new Sears should just give up the ghost as far as I am concerned.  The only product I get there now is their detergent and soon I will probably give up on that.
2
paoli2paoli21,406 posts since
Aug 10, 2011
Rep Points: 6,150
2. Thursday, August 22, 2013 - 6:26 PM
Sears has certainly changed alot.

So has the economy/country.
2
MikeMike327 posts since
Feb 22, 2010
Rep Points: 876
3. Friday, August 23, 2013 - 9:09 AM
Sears changed in the 70's when they went from salaried employees to commission based salaries. The only thing that survived was the appliance department around my area anyway. If their appliance dept goes it would be devasting in this area. They do 80% to 90% of the Parade of Homes have good service and great prices and sales. Have always bought my appliances from Sears after reading Consumer Reports and after 52 years or married life we purchased our 3rd set of appliances 2 years agao and all from Sears. That averages out to 25 years for the first 2 sets of appliances. 
2
Ally6770Ally6770942 posts since
Jan 16, 2010
Rep Points: 2,740
4. Friday, August 23, 2013 - 9:16 AM
We're a Kenmore family, as well.
3
MikeMike327 posts since
Feb 22, 2010
Rep Points: 876
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