The Briefing Room

General Category => Economy/Business => Topic started by: Applewood on May 31, 2018, 07:33:57 pm

Title: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Applewood on May 31, 2018, 07:33:57 pm
Sears is closing 63 stores as sales tumble — here's the full list

Quote
Sears said Thursday that it was closing another 63 stores, on top of the more than 160 locations the company has already shuttered this year.

The company said closing sales for the 63 stores would begin in June, and the stores would close by September. Sears also hinted at more closings to come, saying the 63 stores were among 100 stores the company had identified as unprofitable. (Sears initially said Thursday that 72 stores would close, then later revealed that some of the planned closures were being reevaluated).

Ful list of Sears and Kmart stores here:

www.businessinsider.com/sears-closes-72-stores-as-sales-tumble-2018-5 (http://www.businessinsider.com/sears-closes-72-stores-as-sales-tumble-2018-5)


(No Kmarts in my area, but 2 Sears in shopping malls nearby)

Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: mountaineer on May 31, 2018, 07:39:55 pm
Wow, South Hills Village and Robinson in Pittsburgh are closing. Still open in WashPa, for now.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Applewood on May 31, 2018, 07:48:06 pm
@mountaineer

South Hills Village underwent a major refurbishment not long ago.  Sunk a good bit of money into it.  Now, one of its major tenants is leaving.  Robinson has been struggling lately.  The loss of Sears could kill it. 

It is surprising though that the Kmart across town from me still survives.  That store is perpetually empty of shoppers and staff.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: mountaineer on May 31, 2018, 07:58:45 pm
A group is having a "final walkthrough" at Century III mall (Pittsburgh's southern suburbs) tomorrow evening, I saw on Facebook. There's probably no more than 10 stores still open. Sears closed a long time ago, as did Macy's. When it opened in 1979, it was the third-largest enclosed shopping mall in the world, with some 200 stores. I hear it's up for sheriff's sale on Monday.

Pretty much representative of what's happened to "bricks and mortar" retail establishments all over the country.  **nononono*
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: goodwithagun on May 31, 2018, 08:06:00 pm
Wow, South Hills Village and Robinson in Pittsburgh are closing. Still open in WashPa, for now.

I go to Robinson about once a month and I can't tell you the last time I was at the mall.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Applewood on May 31, 2018, 08:10:11 pm
Thanks @mountaineer

When I think about the destruction of Century III, I just about start bawling.  About once a month, I'd take Mom out there and we would spend the whole day.  There were 5 department stores, several shoe stores, numerous smaller stores, a few hair salons,  3-5 full service restaurants, a large food court and a movie theater across the parking lot.  Now there is nothing left. 


What helped kill Century III was that it became a hangout for hoodlums.  People didn't feel safe there anymore.  Management did little, if anything, to deter crime.  People started going elsewhere or better yet, stayed home and ordered online.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: mountaineer on May 31, 2018, 09:37:56 pm
Yep, @Applewood  It was so easy for young thugs to hop the PAT bus in Clairton and ride up to Century III to intimidate and harass the local shoppers.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Gefn on May 31, 2018, 09:41:12 pm
Princeton/Trenton NJ. is closing. It's no surprise. I'm surprised it wasn't closed in the last round.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: mountaineer on May 31, 2018, 09:43:36 pm
Seems like they're closing stores in some very populated and even prosperous areas. Still not enough people to keep them afloat, apparently.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: RoosGirl on May 31, 2018, 09:47:01 pm
Kmart and Sears have been stinkers for a long time.  I see the Sears closest to me in Sanford is closing.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Frank Cannon on May 31, 2018, 09:49:55 pm
Kmart and Sears have been stinkers for a long time.  I see the Sears closest to me in Sanford is closing.

Where are you going to buy your clothes now?

(https://i.pinimg.com/originals/bb/e0/19/bbe0195b6983bfb57037bfad990ebcb8.jpg)
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: RoosGirl on May 31, 2018, 10:56:14 pm
Where are you going to buy your clothes now?



I dunno. Where are you going to buy your tools?
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Frank Cannon on May 31, 2018, 10:59:49 pm
I dunno. Where are you going to buy your tools?

Don't need tools. There are already enough posting here.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: RoosGirl on May 31, 2018, 11:02:50 pm
Don't need tools. There are already enough posting here.

Do you really trust them around your cars though?
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Frank Cannon on May 31, 2018, 11:21:59 pm
Do you really trust them around your cars though?

I thought we were talking about tools, not hobos.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: RoosGirl on May 31, 2018, 11:24:40 pm
I thought we were talking about tools, not hobos.

There are homos posting here?
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Frank Cannon on May 31, 2018, 11:29:48 pm
There are homos posting here?

Quite a few. A lot of coded language going on in some of these posts. Stay vigilant!
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: sneakypete on June 01, 2018, 12:15:07 am
A group is having a "final walkthrough" at Century III mall (Pittsburgh's southern suburbs) tomorrow evening, I saw on Facebook. There's probably no more than 10 stores still open. Sears closed a long time ago, as did Macy's. When it opened in 1979, it was the third-largest enclosed shopping mall in the world, with some 200 stores. I hear it's up for sheriff's sale on Monday.

Pretty much representative of what's happened to "bricks and mortar" retail establishments all over the country.  **nononono*

@mountaineer

It ain't PC to say it,but one major factor for shopping centers dying is "urban youts" skipping school and catching buses to the upscale shopping centers to steal cars, attack and rob the mostly female or elderly male shoppers,and to do organized shoplifting raids on selected shops,which runs their insurance through the roofs.

Even the Wal-Mart store that sat by itself off to the side of the only shopping center in the little town near me had to shut their doors and build a new shopping center and Super Wal-Mart on land they owned too far from the city for the youts to be willing to ride bicycles,and there are no buses running out there. Plus,there is nothing but stores and open fields around there out there,instead of the public housing "partimints" that were next to the old shopping center that they could run to and hide in. I am sure there is still some shoplifting going on,but no parking lot attacks have been reported out there because there is nowhere for the attackers to run and hide.

That whole area is booming with upscale stores now,and the mall in the city sits mostly vacant,and small businesses are failing in town.  After dark,dark people are all you see moving around. No white shoppers,no white movie goers.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: sneakypete on June 01, 2018, 12:18:50 am
Thanks @mountaineer

When I think about the destruction of Century III, I just about start bawling.  About once a month, I'd take Mom out there and we would spend the whole day.  There were 5 department stores, several shoe stores, numerous smaller stores, a few hair salons,  3-5 full service restaurants, a large food court and a movie theater across the parking lot.  Now there is nothing left. 


What helped kill Century III was that it became a hangout for hoodlums.  People didn't feel safe there anymore.  Management did little, if anything, to deter crime.  People started going elsewhere or better yet, stayed home and ordered online.

@Applewood

Bingo! Management did nothing because there was nothing they COULD do expect for bar black teens from going there,and we all know the lawsuits they would have been hit with if they had tried that.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: goodwithagun on June 01, 2018, 01:40:50 am
Where are you going to buy your clothes now?

(https://i.pinimg.com/originals/bb/e0/19/bbe0195b6983bfb57037bfad990ebcb8.jpg)

Shrink those jeans to skin tight and that’s what today’s middle school girl is wearing.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Applewood on June 01, 2018, 11:59:33 am
@Applewood

Bingo! Management did nothing because there was nothing they COULD do expect for bar black teens from going there,and we all know the lawsuits they would have been hit with if they had tried that.

There are a few things that could have been done.  For example, the mall closest to me has a local police substation in it.  The substation isn't always manned, but I think just its presence has been something of a deterrent.

A number of malls no longer have bus service, which does help keep the feral yoots away.  But I have mixed feelings about that as a solution.  I never drove, so I rely on public transit, as do a number of seniors and others who can't or won't drive or maybe can't afford a vehicle.  Some malls have service, but the frequency of service was cut back or the bus stops moved far away from the front door.  Century III tried the latter -- the stop was moved to the far end of the parking lot, but it was too little too late to save the mall.

If a mall wants to stay open, it has to at least make the effort to give customers the feeling of safety.   Century III really didn't try and now a once beautiful, pleasant place to shop is gone. 
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: mountaineer on June 01, 2018, 01:21:01 pm
@mountaineer It ain't PC to say it,but one major factor for shopping centers dying is "urban youts" skipping school and catching buses to the upscale shopping centers to steal cars, attack and rob the mostly female or elderly male shoppers,and to do organized shoplifting raids on selected shops,which runs their insurance through the roofs.
That's what happened at the Century III mall I described. Kids would take public transit from Clairton (not an urban area, just a small mill town with a considerable ghetto-like crime problem) a new miles north to the mall and scare the older, local shoppers silly. Then they decided to move on to an adjoining shopping center and wreaked havoc in the movie theatre there. The funny thing is that Century III isn't in an upscale area. It's in an old, established mostly working-class southern suburb of Pittsburgh. The mall was built where steel mills used to dump slag, back in the olden days.

It's a real case study for a sociologist, I suppose, but an inconvenience for shoppers!

Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: sneakypete on June 01, 2018, 06:50:44 pm
That's what happened at the Century III mall I described. Kids would take public transit from Clairton (not an urban area, just a small mill town with a considerable ghetto-like crime problem) a new miles north to the mall and scare the older, local shoppers silly. Then they decided to move on to an adjoining shopping center and wreaked havoc in the movie theatre there. The funny thing is that Century III isn't in an upscale area. It's in an old, established mostly working-class southern suburb of Pittsburgh. The mall was built where steel mills used to dump slag, back in the olden days.

It's a real case study for a sociologist, I suppose, but an inconvenience for shoppers!

@mountaineer

The last time I went to a movie at the theater in the semi-local mall I mentioned it was full of black youts (there is a black college in that city),and they were shouting out to each other and talking to the actors on the screen,making it hard for a semi-deaf geezer like me to hear what the actors were saying. One was maybe 16-18 years old and sitting directly in front of me. I finally got frustrated enough I tapped him on the shoulder and POLITELY (seriously) said "I would appreciate it if you would quit shouting to your friends on the other side of the theater,and talking to the screen. I am really hard of hearing and it makes it impossible for me to follow what is going on."

His response? "Bleep you,honky Mother......." . That was the point where I put him in a choke hold and choked his ass OUT. Didn't even know I was doing it until he was unconscious and had me looking at him and wondering if he was dead. I never did get to see the rest of the movie because I most definitely did not want be sitting right behind a corpse when the lights came on,and I also didn't want him regaining what little wits he had and shouting out for his homies to come help him because then I would have had to start shooting people in the head. I decided the only intelligent move to make was to leave before either happened.

I did check the paper the next couple of days and nobody was found dead in the movie theater,so I guess he managed to survive. I am still undecided if that was a good thing or not,though. I have no doubt that somebody will have to kill  him sooner or later,and the only question is how much damage he will do before somebody turns his lights out for good.

I am thinking he was probably a little more cautious about running his mouth at old honkies after that,though.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Weird Tolkienish Figure on June 01, 2018, 06:54:14 pm
I dunno. Where are you going to buy your tools?

(https://bloximages.newyork1.vip.townnews.com/morganton.com/content/tncms/assets/v3/editorial/6/bc/6bc1f98c-05fd-11e8-a1d0-9f8d6c773c63/5a70d7a3aa19d.image.jpg)
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: sneakypete on June 01, 2018, 06:57:03 pm
(https://bloximages.newyork1.vip.townnews.com/morganton.com/content/tncms/assets/v3/editorial/6/bc/6bc1f98c-05fd-11e8-a1d0-9f8d6c773c63/5a70d7a3aa19d.image.jpg)

@Weird Tolkienish Figure

Only buy tools from Harbor Freight if you don't really plan on using them more than once.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Weird Tolkienish Figure on June 01, 2018, 07:04:07 pm
@Weird Tolkienish Figure

Only buy tools from Harbor Freight if you don't really plan on using them more than once.

Meh,

Read the reviews. Some are good, some are not. Some of the tools I've bought there have treated me quite well over the years.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Frank Cannon on June 01, 2018, 07:07:28 pm
(https://bloximages.newyork1.vip.townnews.com/morganton.com/content/tncms/assets/v3/editorial/6/bc/6bc1f98c-05fd-11e8-a1d0-9f8d6c773c63/5a70d7a3aa19d.image.jpg)

LOL. Those are once and done tools which is fine if you are going to do a ball joint on a car once a decade, but beyond that forget it.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: RoosGirl on June 01, 2018, 07:09:17 pm
(https://bloximages.newyork1.vip.townnews.com/morganton.com/content/tncms/assets/v3/editorial/6/bc/6bc1f98c-05fd-11e8-a1d0-9f8d6c773c63/5a70d7a3aa19d.image.jpg)

If I wanted cheap Made In China tools I'd buy Craftsman from Sears.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: sneakypete on June 01, 2018, 07:12:18 pm
If I wanted cheap Made In China tools I'd buy Craftsman from Sears.

@RoosGirl

I don't know about the current production,but Craftsman tools were build to be as sturdy as anyone else's tools back when I was still buying handtools.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: ABX on June 01, 2018, 07:13:18 pm
(https://bloximages.newyork1.vip.townnews.com/morganton.com/content/tncms/assets/v3/editorial/6/bc/6bc1f98c-05fd-11e8-a1d0-9f8d6c773c63/5a70d7a3aa19d.image.jpg)

Lol.. harbor freight... For when you absolutely, positively don't give a single damn about finishing the job. I've gotten paint brushes from there before that fell apart.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Frank Cannon on June 01, 2018, 07:14:31 pm
If I wanted cheap Made In China tools I'd buy Craftsman from Sears.

Some of their hand tools and all of their industrial tools are still made in the US.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: Weird Tolkienish Figure on June 01, 2018, 07:15:35 pm
Lol.. harbor freight... For when you absolutely, positively don't give a single damn about finishing the job. I've gotten paint brushes from there before that fell apart.

I generally get my hand tools from harbor freight and power tools from home depot. The hand tools seem to hold up.  :shrug:

I buy a mixture of tools from a variety of source, both foreign and domestic.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: corbe on June 01, 2018, 08:30:43 pm
@mountaineer

.....


I did check the paper the next couple of days and nobody was found dead in the movie theater,so I guess he managed to survive. I am still undecided if that was a good thing or not,though. I have no doubt that somebody will have to kill  him sooner or later,and the only question is how much damage he will do before somebody turns his lights out for good.

I am thinking he was probably a little more cautious about running his mouth at old honkies after that,though.

   That was funny as shit @sneakypete, Thanks for reliving those memories.
Title: Re: Sears is closing 63 stores as sales tumble — here's the full list
Post by: sneakypete on June 01, 2018, 08:56:12 pm
I generally get my hand tools from harbor freight and power tools from home depot. The hand tools seem to hold up.  :shrug:

I buy a mixture of tools from a variety of source, both foreign and domestic.

@Weird Tolkienish Figure

I'm sure most of the hand tools work fine for occasional homeowner use,but they are NOT made from quality material,and will not hold up for hobbiest or professional use long enough to justify their expense because the purchase price has to be added to the quality tool you end up replacing it with.