Sears is trying small stores, again. Here's why they will fail, again:
The exterior of a Sears Grand store is shown in suburban Chicago June 30, 2004. Photographer: John Zich/Bloomberg News.featuring appliances and other home products called Home & Life. Perhaps having closed hundreds of stores over the past few years, the idea that Sears would"get off the mall" with new, more focused stores is interesting news and perhaps an early sign of resurrection? It's neither.
Some of us may be old enough to remember that back in the '90s and early 2000s Sears tried many iterations of exporting its signature home businesses into new formats that held the promise of being more competitive, convenient, customer relevant and sustainable. I'm one of those people. I was directly involved in many of them.
During my tenure—as well as before and after—we opened dozens of Sears Hardware Stores and acquired Orchard Supply Hardware. There were hundreds of so-called Dealer Stores that grew out of the original catalog business. At one point we operated more than 100 outlet stores. We tried various combinations of small-format tools, appliances and mattress stores.
To varying degrees, and for various and sometimes complicated reasons, all of these efforts failed. While it may be interesting to debate what could have been done to assure better outcomes ,
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Sears is opening stores again — and this time, it's just selling home goodsThe new stores will be smaller in size — spanning only up to 15,000 square feet, while the average Sears store can be larger than 100,000 square feet.
Consulte Mais informação »
Sears Went Into Bankruptcy—but Its Lavish Rewards Program Won’t QuitSears, which has closed hundreds of stores, still offers cash back to customers, sometimes equivalent to the purchase price. 'It seems almost too good to be true.'
Consulte Mais informação »
Sears Is in Bankruptcy—but Its Lavish Rewards Program Won’t QuitThe shrinking number of people who still shop at the retailer can leave with bags of freebies, thanks to one of America’s most generous customer programs.
Consulte Mais informação »
Sears, after going bankrupt, is opening new stores for home goodsSears will open three Home & Life stores in May, in Anchorage, Alaska; Layette, Louisiana; and Overland Park, Kansas.
Consulte Mais informação »
Sears, after bankruptcy, is opening new stores for home goodsSears will open three 'Sears Home & Life' stores in May, in Anchorage, Alaska; Lafayette, Louisiana; and Overland Park, Kansas.
Consulte Mais informação »
Lampert's Sears Shenanigans Continue: Cut Benefits, Empty Shelves And Spooked EmployeesWhile various lawsuits, legal proceedings and negotiations remain ongoing, the slow but steady deconstruction of Sears continues.
Consulte Mais informação »
Sears to set to open first batch of smaller storesAfter its journey through bankruptcy, Sears is getting ready to open its first batch of smaller stores focusing on appliances, mattresses and home services.
Consulte Mais informação »
Andreessen Horowitz Is Blowing Up The Venture Capital Model (Again)
Consulte Mais informação »