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  • Geebo 11:30 am on December 18, 2017 Permalink | Reply
    Tags: , Sears   

    Sears: The Ghost of Christmas Past 

    Sears: The Ghost of Christmas Past

    There once was a time, in the days before publicly available internet, that this was a magic time of year. The once powerful retail outlet Sears would release their massive Christmas catalog known as the Wishbook. At the time, this was every kid’s favorite time of the year as the Wishbook allowed the kids of America to see all the new hot toys for that year’s Christmas.

    Fast forward to today and Sears is mostly an afterthought when it comes to holiday shopping. These days most of us will either take to Amazon to avoid the crowds, or will brave the crowds of Walmart to try to get a reasonable deal. So what happened to Sears? For the most part, the internet happened to Sears.

    Every year, we hear about how Sears is on the verge of bankruptcy but have survived another year somehow. This year they made deals with Amazon to sell their Craftsman and Diehard brand of products. However, in the online space, Sears barely has a presence. This was a company that was founded on the premise of easy mail order so you would think that it would have easily pivoted to the online marketplace. Instead, it doubled down on its brick and mortar stores and cancelled its catalogs back in 1993. That was one hundred years after the founding of Sears & Roebuck. Now in yet another attempt to survive, Sears is closing many of their Kmart stores, which they purchased back in 2004, again placing their faith in brick and mortar.

    Sears had the potential to modernize their business and could have been Amazon before Amazon. Instead, they’ll soon be a reminder that no business lasts forever no matter how successful they may have been in the past.

  • Geebo 9:52 am on July 21, 2017 Permalink | Reply
    Tags: , Kennmore, , Sears   

    What does Amazon’s deal with Sears mean? 

    What does Amazon's deal with Sears mean?

    Apparently, Amazon wasn’t happy with raining just on Blue Apron’s parade. Yesterday, they rained on a massive parade led by Home Depot and Lowe’s after they signed a new deal with struggling retailer Sears. Amazon will soon be selling Kennmore appliances, Sears’ flagship brand of appliances that still carries some sway in the retail space.

    According to USA Today, this will be a boon to consumers since Sears Home Service will continue to maintain warranties and replacements for the Kennmore appliances. Amazon also says that Kennmore Appliances will have Alexa connectivity capabilities in the near future. It sounds great on the surface. Not only does this give a lift to the troubled Sears, but it’s another appliance option for consumers online.

    However, and you knew there had to be a however, this feels like another domino falling in Amazon’s trek to become the only retailer both online and in brick and mortar space. It feels like another consumer choice is slipping through our fingers. That’s not even mentioning Sears’ bleak outlook for the future. Sears’ has been on virtual life support for some time now. So will Sears Home Services even be around after Sears takes its inevitable final bow? Is Amazon just placating Sears until they can buy the Kennmore brand for pennies on the dollar? Or are they even pondering gobbling up Sears whole in order to compete with Wal-Mart? This all could be a possible indicator of a retail war of epic proportions.

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