Sears Holdings Corporation operates as a retailer in the United States. It operates in two segments, Kmart and Sears Domestic. The Kmart segment operates retail stores that offer a range of products, including consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables, and apparel; and in-store pharmacies. It provides merchandise under the Jaclyn Smith, Joe Boxer, and Alphaline labels; Sears brand products, such as Kenmore, Craftsman, and DieHard; and Kenmore-branded products. As of October 31, 2015, this segment operated approximately 952 Kmart stores. The Sears Domestic segment operates stores that provide appliances, consumer electronics/connected solutions, tools, sporting goods, outdoor living, lawn and garden equipment, apparel, footwear, jewelry, and accessories, as well as automotive services and products, such as tires, batteries, and home fashion products. It also offers appliances and services to commercial customers in the single-family residential construction/remodel, property management, multi-family new construction, and government/military sectors
Macy's Store Closings Creates Winners And Losers http://finance.yahoo.com/news/macys-store-closings-creates-winners-134946970.html
I like their Craftsman stuff. Has a lifetime warranty, such that you can take back your old Craftsman stuff and get a new one. I went into a Sears last year to get a newer water hose. Also checked out the electric hedgers in person; bought it on Amazon of course. A few years ago, I was finding Craftsman tools at yard sales, getting them dirt cheap as expected and exchanging them at Sears for brand new ones. No questions asked. Sold enough new tools without really trying to buy a new TV. So I love Craftsman. And for that reason, I'm afraid of Sears selling Craftsman--will lifetime warranties still be honored? Who would want to acquire the Craftsman brand knowing they'd have to put up with such exchanges from lifetime customers that are already in?
http://www.nytimes.com/2017/01/05/business/dealbook/sears-craftsman-retailing.html?_r=1 More importantly for me, I'm hearing that a Sears spokesman confirmed the unlimited lifetime warranty on Craftsman hand tools made in the U.S.—“a hallmark of the brand for generations”—will be kept in place.
Yep I have done the same thing through years picking up Craftsman tools at garage sales. I once got this big screwdriver that looked like it had went through a thrashing machine and no problem getting new replacement.
Department store operator Sears (SHLD) reported a narrower than expected fourth quarter loss on revenues that came in above analyst estimates.
$SHLD I guess it's not a good "value" if a stock is going bankrupt to zero. People will learn once we see those bankruptcy filings.
I guess we're the reason they're going out. LOL. I haven't been in a sears store in years. Kinda like western auto, dust in the wind.
Department store operator Sears Holdings ($SHLD) is moving sharply lower in pre-market trading after its annual report said historical operating results indicate substantial doubt exists related to the company's ability to continue as a going concern.
Doubled off its low of $5.50 Just this week from the $8s to $12. I've got a May put option bid out there @11.5, but I'm low balling.
