Wed, May 22, 2013, 2:51 PM EDT - U.S. Markets close in 1 hr 9 mins
They sell good merchandise at fair prices. Eddie Lambert is gutting a good company. There is hardly any staff but the staff overall is competent and credible. He is killing a great retailer.
Sears hasn't been a great retailer since the 60's. Their greatness was lost when they became arrogant and failed to see the changing retail landscape.
Sears has the extreme stubbornness of the profoundly retarded.
I just shopped there for the first time and bought some items, I'd like to go back again. They're up against Walmart which doesn't leave enough space for growth. They need to tighten their products towards their target audience.
"They need to tighten their products towards their target audience." Sears target audience are those between death and dying. Perhaps this is why their sales are in the toilet.
SHLD is not a retailer, they are a real estate company that is monetizing retail assets at a quickening pace.