CEO Is blaming the government. I can't completely argue with him. But.... Meanwhile the company is going down the Shute? What's the plan? Sell more toilet paper? BOD needs to wake up and change the top mangement. Fast.
Once again, Spls disappoints. While the heart of the business disappears, they want to sell more candy and water. Their marketing has failed, their prices are consistently higher than AMZN, store service is poor. Who is to blame. Seems like the board needs to take dramatic action before stock sinks any further. IMO
Made the mistake of shopping at Sears. Selection was limited, "sales" staff was ignorant, they made commitments they couldn't honor, and the customer service people who answer their hotline are among the most inept I have ever encountered. If you can make money on the real estate, congratulations. I cannot see how the stores will ever be successful again.
Silly, ineffective marketing; confused selection; poor store service; prices- I have, on numerous occasions saved 40% (no exaggeration) on taking them up on their price match. Makes me question all their pricing.
I don't know what upper manGement is thinking but it might be time for a change.
You were arrogant at HP and you still are. You are a one-trick point- cut costs to generate profits. You never were skilled at generating business because you don't listen.
I didn't say they would go out of business. Their stock went up when merger talk began. I think this reflects the belief that Staples needs it as their business model is broken and their attempts to fix it have been lame,
I never experienced good service at Staples. I believe them to be poorly-run with lousy marketing. Without the merger, they will have real problems.
You still don't address how he has brought America to his needs. You brought up race, in capital letters, to stir the pot. I strongly suspect that you are simply an ill-informed hater who uses these boards to get you anti-Obama screeds out to the public.
Brought America to her knees? Profits up, markets setting records, jobs up. Yeah, he's killing us.
What does race have to do with it?
I know you are all deliriously happy. It concerns me that their comps are down so much when they are closing stores. At some point, top line becomes important and they have not demonstrated the ability to grow sales.
The bottom line is that these guys don't know how to make money at retail. Their merchandising stinks, their stores are a mess, service is terrible, and marketing is outdated. It won't work.
I assume it was to get the best they could for themselves. I have no reason to believe that they are motivate to help creditors, shareholders or employees