It's Too Late to Save Sears, Matthews Says

Ironic! This was predicited in the 70-80s by consumers in our local market. They don't listen!

Jeff is out of his mind. Dont trust a word of what he says - 2 weeks later he will be saying the opposite !! In fact dont trust anybody on the Street !! DONT TRUST YOUR FINANCIAL ADVISERS EITHER !! MAKE YOUR OWN DECISIONS !! DONT RELY ON THESE JOKERS !!

Other than their Craftsman hand tools and power tools, Sears is useless. Good Riddance.

Grounds for a Harvard School of Business "case-study", graduate thesis. All the facts have been there, it is merely a matter of understanding what is read. This is a "case-study" of constipated thinking. They messed with "Loyal" customers.

who cares?

Does anyone actually shop at Sears anymore? I'm surprised they lasted this long.

The same measure will not suit all circumstances,..... More often than not, achieving balance involved removing things from their schedules more than it does adding things

I just went to Sears on Saturday, and it was a depressing place. But I got a new watch band installed for $10, no tax. I'll live with the dreary paint and flooring.

Hmmm, invest in the business and actually know what you are doing as opposed to cut cost and take the money. Why is the hedge fund manager failing? BTW, Obama had nothing to do with Sears.

Is craftsman tools imported from China now? And where is Bob Villa?

Look at the folks they hire - nice people, but not sales people. They're not hungry enough - they don't have the skills to negotiate/close the sale. White goods/electronics, tools, etc. have to have good sales people if they want to move product. Hiring a low salaried - low hourly associate is penny foolish. Circuit City was a great example of how NOT to fix dwindling sales.

Why please someone else at our own expense?.... We don't have to give up who we are or what we enjoy...

Chuck, so now where will you go to buy your clothes?

I used to be a customer of sears but the service on washer and dryer was very and they would cancled at the last mintue..

Unfortunately in this economy everything is price driven....nobody cares about fancy tile on the floor or earth friendly paint on the walls...people simply want the lowest price to survive.

They were profitable last year, probably will be this year as well. They had $50 Billion in sales. Somebody is shopping there.

Hot& Cold...Go to a wedding, dressed as a bride

Picking a store to shop at is different than picking a good stock. Berkshire Hathaway used to sell suit linings. They stopped doing it when people could buy cheaper linings offshore but it still turned out to be a good stock. A lot of analysts seem to get caught in the details but forget the big picture. If you can't compete with Walmart do not blow your brains out trying. Closing unprofitable stores to improve the balance sheet seems like a good plan to me.

just bought 3/8 drive ratchet MADE IN THE USA about time someone sells american made products

It was a piece of idiotic hubris by Lambert that he knows anything about retailing. He's an awkward tool who I'm sure has a fabulous IQ but probably couldn't operate a lemonade stand on his own. "The Warren Buffet of our generation" my ass.