I guess that's the ultimate belly flop.. closing stores DURING the busiest time of year? http://www.cnbc.com/id/102237069
In other news they should have offered college classes in how to use sears coupons.. between hot buys, deal buys, syrw, syrw coupons, cashback links.. it gets complicated. For example. I wanted a flexzilla retractable air hose for the garage. [email protected] 139$ locally 99$ at sears after searching by model number. If you searched by desc. it came up with a 3rd party seller for 169$ So the deal breakdown noob deal= 99.97+tax = 107$ Here is where I got money, 100$ in gift cards from giant eagle for fuelperks = 12$ in gas amex 3% cash back at grocery store(giant eagle) = 3$ fatwallet click through for 6% cash back = 7$ Thats a pretty basic deal right there.. if you want to "GO PRO" you added (3) 11oz cans of wd40 and 1 set of craftmans mechanix wear gloves which total ~25$ This lets you use the 10$ off 100$ tools coupon, and 20$ in Sywr points coupon ended up paying 117$ got 3+12+7 = 22$ cash back/gas also 20$ in syrw points Total cost: 75$ The mechanix gloves for 10$ are a stocking stuffer.. and a good deal. The wd40 is a work expense =60$ total for the 112$ flexzilla retractable hose and 10$ stocking stuffer gloves. And we all wonder why sears is going under..... Disclaimer: this post does not mean POP_RIVET's grammar and spelling standards... and was typed on my cell phone.
Sears shares fell Thursday, after the struggling department store announced an adjusted net loss of $296 million—in line with the updated guidance it gave in November. The retailer also said it's accelerating the number of stores it plans to close this year, boosting its list from the 130 underperforming stores it announced in its second-quarter earnings release, to a total of 235 stores. Analysts called the move a step in the right direction for the company, which has been tapping into its real estate in creative ways to compensate for downward-spiraling sales. Still, they said the haircut won't be enough on its own to turn the tide at Sears, adding that it needs to close even more stores—and figure out how to become profitable.