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Author Topic: Why Sears and Kmart have ‘the whole store on sale’ right now  (Read 1153 times)

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Offline DemolitionMan

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Why Sears and Kmart have ‘the whole store on sale’ right now
« on: November 02, 2017, 04:06:53 am »
BY NOEL HARRIS

Forget waiting until Black Friday. A national retailer is offering big deals now.

Customers can receive 10 to 50 percent off on everything at Sears stores, and 10 to 40 percent off at Kmart locations, according to a report Wednesday by CNBC.

Sales will run through Nov. 25, two days after Thanksgiving and a day after Black Friday.

Kelly Cook, chief marketing officer of Sears and Kmart, told CNBC the retailer will have “the whole store on sale.”

http://www.sacbee.com/news/business/article182207291.html
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Offline Gefn

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Re: Why Sears and Kmart have ‘the whole store on sale’ right now
« Reply #1 on: November 02, 2017, 11:10:16 pm »
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Online Smokin Joe

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Re: Why Sears and Kmart have ‘the whole store on sale’ right now
« Reply #2 on: November 02, 2017, 11:17:03 pm »
Sears has to perform this season. They are being downright aggressive in their sales, and getting out ahead of the competition. It will be about sales volume for them, not so much profit (although at 50% off there should be some on most items), it is a question of capturing market share and generating cash flow. This might prove to be a good move.
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Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

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