Sears Has Filed for Bankruptcy

[Anonymous]

Yes this is truly sad. The execution of the brick and mortar model doesn't sit well with me but it's the sign of the times. I still remember looking at the goldfish tanks at Woolworth's...

[mitchblue]

Always great memories. It was my go to store back in the 70's & 80's. Got a water softner from them just 5 years ago.

[Anonymous]

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The only Sears i even know of still existing in the Twin Cities now is at I94 and Marion just west of the state capitol.  Every time I drive by there the lot is almost empty.

Its pretty telling.  I am also sure, 99-99.5% that that store was one of the announced closures for 2019.

Yes, the only Sears Store left in Minnesota will be the Mall of America. The vultures are circling in excitement over sinking their claws into the full acreage of the Sears Store on Marion St by the MN State Capital. Sadness on that site relates only to what developer(s) will make a fortune on redevelopment of the site!

[SouthJamaica]

The irony for me is that my very first credit -- starting me on my path to financial self destruction -- was a Sears credit card. 

And now they fold because they can't repay the credit they were extended.

[EW800]

I too have a flood of memories from my childhood, many decades ago. My fiends and I would always go into the candy area, where they had tons of bulk candy. My parents also did the majority of their household shopping at Sears and everyone looked forward to the new catalog arriving. Sears was also my first credit card when I became a lincensed driver, which I used at the Sears gas station in their parking lot (gone decades ago).

Sad to see them go, but don’t think any of us are really surprised.

[Anonymous]

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@Anonymous wrote:

Yes this is truly sad. The execution of the brick and mortar model doesn't sit well with me but it's the sign of the times. I still remember looking at the goldfish tanks at Woolworth's...

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I would call it more of an evolution of the B&M model, rather than an execution.  Physical retail will likely always exist in some form or another.  It is far from dead, if you understand what is happening.  

[Anonymous]

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@Anonymous wrote:

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@Anonymous wrote:

Yes this is truly sad. The execution of the brick and mortar model doesn't sit well with me but it's the sign of the times. I still remember looking at the goldfish tanks at Woolworth's...

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I would call it more of an evolution of the B&M model, rather than an execution.  Physical retail will likely always exist in some form or another.  It is far from dead, if you understand what is happening.  

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I totally understand what is happening. The B&M stores that I grew up with have been executed not all of them yet but I have feeling it's just a matter of time. Yes the B&M model has evolved to meet today's way of life...

[Anonymous]

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@Anonymous wrote:

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@Anonymous wrote:

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@Anonymous wrote:

Yes this is truly sad. The execution of the brick and mortar model doesn't sit well with me but it's the sign of the times. I still remember looking at the goldfish tanks at Woolworth's...

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I would call it more of an evolution of the B&M model, rather than an execution.  Physical retail will likely always exist in some form or another.  It is far from dead, if you understand what is happening.  

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I totally understand what is happening. The B&M stores that I grew up with have been executed not all of them yet but I have feeling it's just a matter of time. Yes the B&M model has evolved to meet today's way of life...

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We'll have to disagree on the choice of words.  The term "executed", IMO, implies they couldn't have prevented their eventual fate.  Maybe I'm misinterpreting, but it seems like you are saying they were victims.  I mean, they were made irrelevant, sure.  Their own inaction killed them.  Sears should have seen dotcom coming.  They cut their teeth creating nearly the exact same business model a hundred years ago and really could have owned internet retail if they hadn't been so complacent.  

[Anonymous]

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@Anonymous wrote:

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@Anonymous wrote:

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@Anonymous wrote:

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@Anonymous wrote:

Yes this is truly sad. The execution of the brick and mortar model doesn't sit well with me but it's the sign of the times. I still remember looking at the goldfish tanks at Woolworth's...

---

I would call it more of an evolution of the B&M model, rather than an execution.  Physical retail will likely always exist in some form or another.  It is far from dead, if you understand what is happening.  

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I totally understand what is happening. The B&M stores that I grew up with have been executed not all of them yet but I have feeling it's just a matter of time. Yes the B&M model has evolved to meet today's way of life...

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We'll have to disagree on the choice of words.  The term "executed", IMO, implies they couldn't have prevented their eventual fate.  Maybe I'm misinterpreting, but it seems like you are saying they were victims.  I mean, they were made irrelevant, sure.  Their own inaction killed them.  Sears should have seen dotcom coming.  They cut their teeth creating nearly the exact same business model a hundred years ago and really could have owned internet retail if they hadn't been so complacent.  

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You're absolutely right choice of words in disagreement but looks like we disagreed to agree after all. I'm not saying at all we're victims just saddened my stores are gone is all.. I'm a Toys R Us kid even I have kids of my own heheh

[Medic981]

I had just had another Sears memory. While in college, I drove a '71 Ford Torino. The Torino's hood did not lock and anyone could walk up to it and open the hood. One weekend evening, I was downtown and got a little drunk at a local dive the college kids hung out at. As I drove to the bar, I had a friend who was a designated driver drive me back to the dorms. Sunday afternoon went to get the car and some ***bleep*** stole the battery out my car. Dad came to the rescue and purchased a Die Hard battery from Sears. That battery lasted longer than the car did and got moved to my next car purchase.