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 relationship.
Sears has the brands people want--a balanced mix of renowned national brands and respected private brands in both hard lines and soft lines.
Sears offers 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.
No 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 day.
We provide all this at a price people want to pay.
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.
41 billion 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.
A question for those who are very knowledgable about Sears. Recently I learned about Sears partnering with local people to open dealer stores. The local individual owns and operates the store - Sears stocks it. The stores only stock appliances, electronics and hardware. Any insight on the success of these stores? Any advice regarding them?
The consumer continues to find compelling reasons shop at Sears but we are not gaining market share, we are holding our own.
Sometime in mid August the new ad campaign will be unwrapped and hopefully this will translate to growth in market share in Sears core business strengths. This should make it a more compelling investment for the investors. Tool Territory will be part of this new push.
"Should" and "time will tell" are the operative words if you are looking for the other side of the coin. Sears felt some of the warm weather and Asian flu pressure last year, if 4Q is flat again, who knows what the future will hold for upper management.