.....the shareholders perish."
management continues to be behind the curve when it comes to
keeping up with the retail industry. Why? Because they
lack imaginative, innovative and forward looking
executives. There is a lack of leadership at the
Sears has developed hardening of the arteries. There is
a desperate need to get an infusion of fresh, young
blood into those collapsing corporate veins before it's
too late to do anything about it.
the current CEO will step aside for someone younger,
brighter, bolder and decisive about Sears place in the 21st
century. The last thing this company needs is a CEO whose
thinking is still in the 20th century.
The current CEO and management is going nowhere
What we have in today's Sears is a mummified entity.
Anyone that can get excited about this company's lack of
direction is beyond me.
All that the stock is good
for at this point is for trading between $40 to $46.
Any sustained price movement is
Unless pressure is brought to bear on this current
management, invested money is dead money.
,, ,,yesaree!!!! time to go long here.
,,and i did buy in today at $41 13/16! ! ! !
,,looking to acumulate more....
,, ,,why,you ask ? ?
well,,,,,the time is here!
,, ,,dont be late too get on
boared this train,its leaving soon.!
STOCK WILL ZOOM. . well,maybe start off slow,but dont
wait too long ! ! ok? OK!
just not as complete a 'revolution' as
believe me when i say the turnaround in
attitude/corporate culture is real. i worked for S in the mid 80s
for about 1.5 years... i left because the future
looked dim and the company was restructuring the work
force towards 80-90% part-timers and my pt job as a
sales person wasn't going to evolve to full time or
mgmt. and the customer service attitudes were being
replaced by bean counters' attitudes, so i got
i came back to S (recruited to go into hardline
sales) in the mid 90's because i saw in the operations &
attitudes the recommitment to customer service and quality
merchandise that Martinez's regime had brought back to S.
Martinez may not be a merchant, but if he works to
maintain a good corporate culture and hire / train better
upper (operational-merchandise/strategy) mgmt S will
maintain its position in retailling.
if you read
the stated goals for the 'second revolution' you will
see an excellent framework for the future... any3 is
one of the foundations and it means that S will find
a way to be there for its customers
any(time/place/where) which will strive to tie together the internet,
direct sales (infomercials, catalogs), the off mall
stores, the mall stores, the contracted services, and the
repair services to present the customer with a united
front that they can reach 24/7...
name me ONE
other company in the world that has a reasonable chance
to pull that off and my resume will be in the
and yes i beleive that S has the assets to put all of
those things under one umbrella and if necessary spin
any of those things off if they will do better
GE owned the Ward's portfolio since the 1988 LBO,
not as part of the chapter 11. Why would GE do such a
dumb thing if they are so smart, flooding the
portfolio with bad credit??
Point I am trying to
make is that there never was a real turnaround in S,
no real strategy developed outside of the same
business model. I know people that have worked at S and
Ward's and the thing they note at S is that it is still
a good ole' boys club when it comes to operational
Martinez can talk all he likes but if the
executives under him will not look out for anything but
their own self interest this company will continue on
its stagnant course to being a second tier retailer,
S's credit card acquisitions/issuances 'reigned
in'; Wards #1 problem was massive overextension of
credit to ANYONE... GE owns Wards portfolio as part of
the bankruptcy as they were a huge creditor of Wards.
S did loosen the standards but as soon as problems
became apparent (higher delinquency rates, etc.) the
standards were tightened... and part of the profitability
in the last quarter was (unfortunately) due to a
reduction in money set aside to cover for bad debt in the
credit card portfolio, and this was prudent due to the
tighter standards and the decreases in bad debt that is
being consistently seen...
S's has several
strong in-store brand names: Craftsman, Kenmore,
S's sales results have been slightly
increasing (~1-3% up) while Wards (& JC Penney's) quickly
decreased (~6-10% down)indicating an underlying strength in
the current customer base. while this is not a strong
indication of success/failure in the far future, 10 years or
more, it does mean S isn't in any short term danger of
pulling a Ward's...
Malls in general aren't going
away soon, they just aren't growing as fast as they
used too... you must be forgetting that many of the
high sales growth companies are also in the mall...
the Gap, etc.
Diversity is very important in Sears culture
since 1993. Diversity is what makes the company work ,
and diversity helps the company with local marketing.
Racism not only has no place at Sears but in America.
Walmart is also a very diverse company, yet investors are
pouring money into them. Please stop with the racist
garbage , that is about as low as that jerk from Butler
what does the after hours trading activity mean
for Monday. I can't tell if these after hours trades
are representative of swings in market opinion or
just an aberration and vacation from
This link takes you to a site where you can access
after hours trading figures.
Does anyone think these numbers will hold up Monday on
Sears holds a 35% share of the appliance
business. Every three appliances sold in the United States
is bought from Sears. Kenmore is America's favorite
appliance brand. In fact, 60% of America's kitchens feature
a Kenmore nameplate.
Sears is the only true
national chain of department stores, soft goods and hard
goods, as well as automotive. No national store company
enjoys this breadth of merchandise and breadth of
Sears has the brands people want--a balanced mix of
renowned national brands and respected private brands in
both hard lines and soft lines.
the widest variety of credit options, including the
SearsCard--certainly the most popular private card in America. Here,
our reach extends to 65 million households.
one provides service like Sears: delivery,
installation and repair. No matter where the customer bought
an item, we can fix it and we do so 48,000 times a
We provide all this at a price people want to
And, finally, we're at those locations we're expected
to be--with more than 899 full-line department
stores in the majority of the country's leading malls
... off the mall in locations convenient to her
neighborhood ... and directly and aggressively to her through
specialty catalogs and the Internet.
dollars in sales means America likes to shop at Sears.
AS of late the content of most posts have no
value at all. A lot of personal attacks and negotism. I
don't think some of you are even S stockholders, just
troublemakers. The way I see it one more downgrade this stock
price will be in the thirties. This is what I have to
say to the person who WISHES the price was in the
50's. I have been using Craftsman tools for 45 years.
There are no better tool for the money. After literaly
wearing out a speed ratchet handle I had it replaced free
with a SMILE. This is what you get with Sears a smile
and quality. Like someone else said at WMT you buy
cheap, you get cheap. If wishes were horses beggars
would ride...........Buy some Craftsman tools today.