Sad, I have quite a few Craftsman tools out in the garage.
Sears sells Craftsman brand
Sears continues it's journey to it's demise
Started by
Chilidawgz
, Jan 05 2017 03:22 PM
4 replies to this topic
#1
Chilidawgz
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- Traders-Talk User
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A fool and his money... (the second mousie gets the cheese)
Posted 05 January 2017 - 03:22 PM
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#2
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 05 January 2017 - 03:32 PM
Times have changed and Sears stood still.
Really a pain in the butt to go there and have to wait endlessly trying to cashier...
They can't just take the money, they have to pitch you on credit cards...
Meanwhile, AMZN is opening new stores with no employees at all, you just put your items in the basket and it hands you your receipt as you exit.
Edited by SemiBizz, 05 January 2017 - 03:33 PM.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
dasein
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- Traders-Talk User
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Member
Posted 06 January 2017 - 08:33 PM
so sad - their Kenmore line of appliances was very reliable....I am not sure why they didnt do better but to compare them with AMZN that has basically been "selling products below market price" and having virtually no earnings is probably not the best comparison....even Macy's profit margin is about twice AMZN, per finviz!
we can also remember why studebaker was said to go BK- it built the cars too well!
Edited by dasein, 06 January 2017 - 08:34 PM.
best,
klh
klh
#4
da_cheif
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Member
Posted 06 January 2017 - 10:18 PM
black smiths went away to.....the writing was on the wall for sears ...its called the edifice complex......after the sears tower was built the end was in sight......kmart....built the worlds largest hq building .....another doomed company.......
#5
Bernie
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- Traders-Talk User
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Posted 06 January 2017 - 11:37 PM
The last 15 years the appliance were only as reliable as the manufacturer. Some on this list make crappy appliances and all your getting is the tag.
http://www.appliance...ase/sears.shtml
