Sears Faces Risk If Economy Doesn't Improve [View article]
And now that GM is bankrupt. . .?
On 2008 Aug 08 09:58 AM jay fredrickson wrote:
> Do not worry, Sears won't go bankrupt any time soon. They'll sell > store after store after store to some Chinese owned retailer that > will then import all their low wage products into the US and take > market share from other low priced retailers. > > The thought of Sears going bankrupt is sorta like that crazy idea > of Ford going bust, or GM, or the airlines, or newspaper companies. > That could never happen. Or Could it? > > When its all said and done, we'll all be working for Walmart, or > Google. > > Jay Fredrickson > > > washingtoncheap.com
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On 2008 Aug 08 09:58 AM jay fredrickson wrote:
> Do not worry, Sears won't go bankrupt any time soon. They'll sell
> store after store after store to some Chinese owned retailer that
> will then import all their low wage products into the US and take
> market share from other low priced retailers.
>
> The thought of Sears going bankrupt is sorta like that crazy idea
> of Ford going bust, or GM, or the airlines, or newspaper companies.
> That could never happen. Or Could it?
>
> When its all said and done, we'll all be working for Walmart, or
> Google.
>
> Jay Fredrickson
>
>
> washingtoncheap.com