700 mil for the courts... let's dust off some more used batteries and put them out on the floor,let's cut the service writers pay in auto. & put them on commiss. Short timers do not know about the antics of the past. Let's dump the empty suit mgrs. and give the extra cash to the full time core personnel. Then you will see the Co. start to crank out some profits. 2% raises for core personnel over the last 5 yrs. and so-so benifits are not incentive for stellar performance. That's why stock is not moving. Wall St knows what's going on, that's why Wal-mart is moving up.
As a consumer(not an employee of any retail dept. store) I must tell you that yes, your competition is Walmart and others. Yes, there are specific things I may go to Sears to get, but i also buy many things at Walmart or similar type stores that you also sell at Sears--Household items, baby items--car seats, clothing...I guess what I am trying to say is that any store that sells like items (even with a quality difference) is direct competition with Sears and unless the thinking changes, it would be difficult to be sucessful in this market.
And no, you do not sell toilet paper and such items, but that is one more reason to head on over to Walmart to make my purchase, the old saying...two birds with one stone!!!
of course wal-mart and Sears sell some similar products definately not the same quality in clothing or a lot of other items ie shoes etc. You may want to check with your broker as to the differences in retail categories Sears,J.C.Penny, Dillard's etc Of course wal-mart has taken market share but much more concerned with Loew's in the hardware area, Circuit City in appliances,and the specialty clothing stores they ARE the competition.I shop the competition on a weekly basis wal-mart customers not usually seen in my store buying clothing or even hardware products.
walmart is a good retail company but not in the same business as Sears,J.C.Penny,etc. different customers different goals.Sorry if you got hurt but the times they are achanging if you can't go with the change you will be left out. I don't agree with everything that happens but I have learned it will happen with or without my approval. Sears problems with auto are past history also credit problems were caused by bad judgement and over zealous court system to make Sears pay the deadbeats in this country for being deadbeats. America what a country!
Tell me rmarris3 if wal-mart and jcpenny are not sears competition then who is? The same products sold in sears are sold in wal-mart. Stock isn't going anywhere because ARTIE does not know how to lead, he is a follower. Competition rolling over sears, and they know it they knew it five years ago.
Sears young associates do yourselves a favor and listen to the older associates they know when this co is screwing with you, they know when are good times and bad times. Managements job is to keep you all happy, the concept of brainwashing is practiced in to there management training and they don't even know it. The managers are just happy being managers and will do just about anything to keep there job. Just ask ubkwts a.k.a limpy where is he, probably walking around sears store with a hard on from all that viagra he's been taking. Oh no please don't report me to yahoo.