Okay, I visited Sears this past weekend looking for a particular screwdriver. First time I've visited a Sears in a year or more. What a mess. Death knocking. Felt like I was in a funeral home. Am I alone in this?
Not even close.
Read on:
http://www.businessinsider.com/sears-failing-stores-closing-edward-lampert-bankruptcy-chances-2017-1
Here is a snippet from the piece:
Business Insider spoke with more than a dozen employees, ranging from store clerks to senior executives, about the unraveling of Sears. Many spoke on the condition that they not be identified for fear of legal retribution from Lampert and Sears, including one person who specified that she would only speak off the record upon the advice of an attorney. Some said they had signed nondisclosure forms barring them from sharing information about the company.
The content of this article was described in detail to two Sears spokesmen, both of whom declined to comment when asked.
Oh, and they are selling their Craftsman brand to help pay the bills shorter term. Selling Craftsman?!!? What is left to care about there?
I do think Sears is interesting to watch for one key reason: their focus on digital. Clearly ONLY having a digital strategy to turn a retail company around isn't working. If the stores are dirty and shabby looking, with irrelevant products that are poorly arranged and too often out of stock, and employees shambling around like they are waiting for the funeral to end, nothing else you do will matter.
Happy Reading, or Not,
J.W. Gant
The content of this article was described in detail to two Sears spokesmen, both of whom declined to comment when asked.
Oh, and they are selling their Craftsman brand to help pay the bills shorter term. Selling Craftsman?!!? What is left to care about there?
I do think Sears is interesting to watch for one key reason: their focus on digital. Clearly ONLY having a digital strategy to turn a retail company around isn't working. If the stores are dirty and shabby looking, with irrelevant products that are poorly arranged and too often out of stock, and employees shambling around like they are waiting for the funeral to end, nothing else you do will matter.
Happy Reading, or Not,
J.W. Gant
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