Value Investing in Sears: Avoid Current Perceptions & Look Forward [View article]
I find it disheartening to hear that so many places have dilapidated Kmarts. Where I live we have 2 really great ones within 30 miles of each other. One is huge and newly remodeled and has drive thru pharmacy and the other is smaller and very well kept. And lots of people shop there too. I hope Eddie gets it together. I wish he would look at the store sales verses inventory that sits and has to be clearanced. Our buyers send us too much inventory. They should look at what sells before the first or second price markdown so as to bolster profit then employees could have more hours. I think Corporate is very out of touch with customer and they don't go about getting the customer's input the right way. They ought to make up survey, have employee sit with customer and check off answers for customer and give customer $10 Kmart gift card for their trouble. Well good luck and good night.
I work for Kmart now and I agree. I think they are cleaning stores up to sell them instead of being concerned about bottom line.
On Jun 12 03:54 PM DebCat wrote:
> Oooh lefty hit it right on the head. Sears will never be what it > was in the past. Due to greed, poor communication to it's associates > on all levels. Plans that don't work, higher ups getting more than > their fair share. Cutting back on a/c, giving customers the run around. > That's not the company I worked for. That is long gone and not much > longer will the company.
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On Jun 12 03:54 PM DebCat wrote:
> Oooh lefty hit it right on the head. Sears will never be what it
> was in the past. Due to greed, poor communication to it's associates
> on all levels. Plans that don't work, higher ups getting more than
> their fair share. Cutting back on a/c, giving customers the run around.
> That's not the company I worked for. That is long gone and not much
> longer will the company.