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  • The Sears Graveyard Has Nothing To Do With The Condition Of The Stores  [View article]
    Re: DSC

    Just wondering; if "Eddie sees" something, and since he is now "officially" the CEO (2013) of the company, shouldn't he be more transparent about what "he sees" instead of allowing the stock to keep plummeting while he continues to buy it? I mean how long can he keep using the term "transformation" while they keep losing money, sale off real-estate, and closing stores year after year? It might be a stretch, but it seems like a conflict of interest between being the CEO of the company, as well as a major investor in it, and keeping things so vague.
    Jan 13, 2016. 11:39 PM | Likes Like |Link to Comment
  • The Sears Graveyard Has Nothing To Do With The Condition Of The Stores  [View article]
    Let's assume you're correct; wouldn't it be better for Amazon to wait until Sears Holdings is in bankruptcy and "swoop" in like Lampert did in 2003 and get the property cheap instead of paying the "Pipers" price?
    Jan 3, 2016. 09:09 PM | Likes Like |Link to Comment
  • Is Sears' Game Over?  [View article]
    Then one or both will be gone within a year or so because of being fired, or they get fed-up with butting their heads against the establishment and quit to go to another company.
    Nov 29, 2015. 11:24 AM | 1 Like Like |Link to Comment
  • Is Sears' Game Over?  [View article]
    A few "rogue" managers (and I do mean a few, that have the guts and the smarts, because you have to have both) will not save the company. The culture at the top has to change to have any meaningful effect. If it does, and there are still enough "good" store managers left that haven't fled yet, then there's a chance for success. I've found as companies get older and larger they become nothing but "number crunchers" with no regard for the human beings behind those results.
    Nov 29, 2015. 11:19 AM | 1 Like Like |Link to Comment
  • Is Sears' Game Over?  [View article]
    From my recollection, this is at least the third time they've tried to revive the old "blue light special" theme. Is this what they mean when they say "third time's the charm?" Where there's hope, there's a sale? You would think with all these "new" corporate execs Lampert has hired over the years, they'd be able to come up with something new? What a waste of money, and I think quite embarrassing for someone who keeps proclaiming the company is going through a "transformation" by reviving old ideas over and over.
    Nov 2, 2015. 07:25 PM | 1 Like Like |Link to Comment
  • Multi-year low for Sears Holdings after financial update  [View news story]
    Possibly because less "losing" stores open translates to fewer losses and possible profits? That only works in the end if the remaining open stores are not losing money, as well. Although, I’ve heard a rumor that Lampert is planning to close down the remaining stores, purchase a Hot Dog Cart company, place the carts in front of headquarters, and then have the remaining corporate execs work the carts (after reducing their pay, no bonuses, and no pay raises from here on out, to increase profits). Of course he’ll equip each cart with an Ipad for video conferences to discuss hot dog selling strategies using a new program called “Eat Your Dog Your Way” that will revolutionize the food eating world. Of course, after the supposed huge success that will come from that business, he’ll have to “spin off” the ESL Hot Dog company to pay the rent for the corporate offices at Hoffman Estates, after having to sell that property to pay for 10,000 more hot dogs that didn’t sell. After all, the nice cafeteria, exercise equipment, offices, and impressive conference rooms is a great place to hang out with all those new executives that came up with great ideas to save the company over the years…LOL!
    Aug 3, 2015. 06:47 PM | 11 Likes Like |Link to Comment
  • Sears Holdings: A Young Berkshire Hathaway?  [View article]
    I'd have to say it's pretty bold to get your "members" to shop at your competitors' websites and to even throw in a $10 points match for a $10 purchase while you're there. I guess if you're burning through cash and just got a credit (cash) increase of sorts from the REIT, why not throw some more money out in the wind and see if people scramble for it? I'm not sure what the "end game" is, but I doubt it will do much to increase foot traffic into the stores as most people who shop online will probably just use the points they earn at Sears or Kmart.com. Not saying that's a good or bad thing, since only time will tell if this "gamble" works, but I'm just not convinced yet that customers will continue to come back to the Sears/Kmart websites if they find a better selection and price at a competitor's, even with the ShopYourWay incentive.
    Jul 1, 2015. 06:27 PM | 3 Likes Like |Link to Comment
  • Sears Holdings: Promising REIT Details  [View article]
    "The fact the deal doesn't automatically include the top stores is encouraging for the values of the remaining locations."

    1) How do you know this to be fact?
    2) What would you say are the top 10 stores?
    3) In your estimation, what is the total value of the remaining stores?
    Jun 7, 2015. 07:19 PM | 1 Like Like |Link to Comment
  • Sears Holdings: Seritage Rights Offering Draws Nearer  [View article]
    I don't know the exact numbers, but they've been closing stores for years without much difference in profits, and those stores in the REIT haven't had to pay much, if any, rent for years, and now they have to pay current market rates. It may only temporarily balance things out, but only time will tell.
    May 30, 2015. 03:19 PM | 1 Like Like |Link to Comment
  • A Fascinating Figure In Sears's Sales, And Why It Doesn't Matter  [View article]
    Yes, but one has to ask what percentage of those "Shop Your Way Rewards members" are "Savvy," and how much of those "bonus points, point rewards, and coupons" have weighed heavily on making a profit? Since the recession, shoppers have been very "Savvy" on what and when they spend their money. It's still a very tight economy for those "low" and "middle income" families out there, which is mostly the core business for Kmart, and to an extent even Sears. With every company out their battling for every consumer dollar, it's more of a battle of who can take the most losses and survive than "being the greatest integrated retailer," as Lampert says his company is becoming, especially when every "Tom, Dick, and Harry" can just copy anything you're doing to keep you from succeeding, as long as they have the money to do it. The real question is; does Lampert have enough resources to keep up the "battle" before his "Shop Your Way" program succeeds, if ever?
    May 30, 2015. 03:08 PM | 1 Like Like |Link to Comment
  • Sears Holdings: Total Value Of Stores In Macerich Malls Estimated At Nearly $500 Million  [View article]
    I was just using the date given by "tmarchel" to make a general point about what most bears and bulls argue about within SA articles. I didn't mean to state it as fact, as I am unsure exactly when the "bankruptcy" comments started. As I remember, most likely around 2010 or 11. As far as the "12 years," it is my understanding that Lampert took control of this Kmart, Sears, to SHLD debacle back in 2003. The exact dates and lengths of time wasn't really relevant to the point I was making. I was just trying to state that using the fact that the other person's viewpoint or argument "has not materialized" yet, does not necessarily make you right either, especially when the side you're defending hasn't "materialized" either. So far Lampert has been able to keep this company "afloat," but, in my opinion, it's simply on "life support" and he hasn't proven he can "transform" anything yet.
    May 15, 2015. 11:01 PM | 2 Likes Like |Link to Comment
  • Sears Holdings: Total Value Of Stores In Macerich Malls Estimated At Nearly $500 Million  [View article]
    A lot of "words" have been used to describe SHLD since 2007 by both sides of the bears and bulls equations. Most notably, bears have said "bankruptcy" is imminent, and the bulls have said the stock would be close to $200 by now. It's been eight years since 2007 and neither has occurred, which may lead some to conclude that the "various critics and syncs" on both sides must "misunderstand the company dynamics or assets." That, or maybe Lampert is just incapable of either explaining or implementing his plan for a "transformation" of this "public" company he has been in control of for roughly 12 years, so that investors may make a more informed decision.
    May 15, 2015. 05:54 PM | 2 Likes Like |Link to Comment
  • Sears Should Reorganize Its Operations Along Merchandise Lines Into Separate Subsidiaries  [View article]
    Unfortunately, Lampert is simply "throwing everything against the wall to see what sticks." If there really is profitable stores, then why are all of them up for sale or lease on their SHC realty website?


    If you run a search you'll see that not one Sears or Kmart is not listed as this article states.


    I'm sure Lampert felt his business and investment expertise would turn this company around, and he would not only have a great real estate and investment vehicle but one that made money from the retail end, as well. As we have seen, he has not been able to accomplish this, and I'm sure his ego is struggling with what he should do because he thinks he is indestructible, but like the Capt. of the Titanic he is still barreling ahead at full speed with a large iceberg looming in the distance.
    Sep 2, 2014. 11:08 PM | 1 Like Like |Link to Comment
  • Eddie Lampert watch: We're not so different  [View news story]
    Maybe not a "little rich kid," but sometimes the "silver spoon" comes later as the rest of the article states:

    "Richard Rainwater, whom Lampert had met on Nantucket Island, gave him $28 million in seed money and introduced him to clients, such as David Geffen."

    I also have to wonder how much being part of the "Skulls and Bones" society helped, as it probably did for former president Bush.
    Jan 23, 2014. 08:53 PM | Likes Like |Link to Comment
  • Sears reports weak comps, issues FQ4 warning; shares -13.1% AH  [View news story]
    What have they done with the billion dollars they recently borrowed?
    Jan 10, 2014. 12:34 PM | Likes Like |Link to Comment