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What Sears’ bankruptcy means for you and the retail industry

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  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

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Sears has filed for Chapter 11 bankruptcy protection. Watch AliVelshi and jolingkent break down what this means for consumers and the retail industry as a whole.

 

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MSNBC Was the only place granny would buy her panties. 😟

MSNBC 😢 Sears built our country...

MSNBC All Sears will be closed by the end of 2018..Sears Stores are a Part of American History That is American as Apple Pie You Will never be Forgotten

MSNBC Rip Sears

MSNBC Friendster was once the premier social network for tech-savvy hipsters.

MSNBC Another nation wide employer bites the dust; hoping the employees will get new jobs in this crazy market; timing couldn’t be any worse.

MSNBC What is a sears?

MSNBC days of craftsman and Kenmore are done for. Quality and Service are now obsolete, like dinosaurs. We wanted Wal-Mart, Amazon, internet, faster and cheaper. Everyone pays the price in more ways than countable. Hope everyone is happy.

MSNBC Sounds a lot like your story. I wonder when you guys will file?

MSNBC They deserve it. They refused to update their buisness model, completely lost touch with changing market trends and then in the eleventh hour made what had to be the most clumsy, wasteful attempt to revive the brand.

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Sears was 'toast' ever since its 2005 Kmart merger, says former Sears Canada CEOSears may have just filed for bankruptcy, but the giant retailer 'was toast about a day after it closed' its merger with Kmart back in 2005, says former Sears Canada CEO. before that, even. accurate He may have a slight point there but the bottom line is since then the leadership and management has been abysmal and Canadian employees are not going to be receiving a pension it appears The executives received large payouts
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