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In Reply to: RE: the end of an era possibly on the horizon posted by Green Lantern on January 15, 2015 at 03:59:43
How about Sears?Compare Sears to places like Target or Walmart, both of which get lots of traffic.
Sears is like a morgue with bright lights.
sad, isn't it?
I think the only thing keeping Sears somewhat afloat is Craftsman tools, and Kenmore appliances.
I would not be suprised if the chain went broke, and Kenmore and Craftsman survived.
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Edits: 01/15/15Follow Ups:
Sears owns Allstate Insurance, so they have a decent cash cushion to stay in operation.
I did hear that they did away with lifetime tool warranties, so I stopped shopping there.
nt
..just read that Target is closing operations in Canada
JC Penney is next.
Too many shoppers heading south on the QEW on Weekends to shop in Buffalo, I guess. The traffic is murder.
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Edits: 01/15/15
Target is packing up in Canada? They just put one here fairly recently.
Perhaps they were a little late to the party. There is a lot of competition between Walmart and Costco, not to mention all the niche box stores popping up.
Although I will note that the Target moved into the old "Zellers" storefront attached to the old mall. In hindsight their lack of commitment to a new detached storefront may have shown some insecurity.
As to Radio Shack, what can you say. As far as a once was niche company, the had a pretty good run.
I'm of the age where it was very rare that I could walk into Radio Shack (theSource) and actually come out with a useful part. The parts section was only 8'-12' of wall space that shrinks a little bit each year.
It's obvious that people don't purchase parts like they used to, I understand that. However the rest of the product line is somewhat obscure 2nd rate re-badged gadgetry. You can't get a potentiometer, but you can buy a iPod speaker cube available in eight different colours, in stock.
A digital BBQ fork-yep, 1/4" phone jack-nope.
The computer, stereos and TV selection is ho-hum, some decent things might be available, but never in stock, sure you could order it, but why when it's available down the street, probably in a fresher version.
It's kind of an anomaly. It's a store that I've tried hard to spend money at over the years, but they get very little of it.
I think I fit the demographic, IMO the store inventory just sucks.
70% of parts that I have bought there over the years was discount stuff they put in a bin when they were culling inventory. Not particularly useful parts at the time, just the kind of impulse purchases you may make because they are cheap.
The market is there, they just failed to capitalize on it, I suspect it has been an ongoing identity crisis within the corporate office.
They tried to dabble into a little bit of everything, hawking cell phones etc. but they just don't have the logistics to move that much product through relatively small storefronts to stay competitive.
I think there is still some value to the name, maybe that is why they clung onto it for so long.
I must admit I have fantasized about them going bankrupt so that I could purchase the name for a new business with a similar but better quality product line. Strange dreams. lol
There's always Burger King. They seem to be big on Canada.
Cheers,
Al
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