Yep, Kmart and Sears will not last out the year in any form that were themselves. Eddie Lampert has destroyed them. Any real value on the real estate side is being sold off to other Eddie Lampert entities.
He has tried to sell off the branding side, but really what is in their brand name anymore. It is just a name. Sears does not manufacture anything. Do not know why Stanley Black and Decker bought out the Craftsman name when they did with the deal they did when Sears is circling the drain. They should of just waited. As for Kenmore and Diehard, where is that value? I would rather have the Maytag, Whirlpool, LG , Panasonic, Johnson Controls, etc. name.
The future consumers do not care unless it says Apple on it and is delivered by a drone.
His vision of a lean and mean (barely existent) brick and mortar and an online digital "Shop your Way Rewards member" Amazon killer is not going to happen to any large extent, at least with his leadership.
Hate to be a supplier for them when they are going to be way down on the lien list in bankruptcy behind all the Eddie entities.
This is just my opinion with no real information and could be completely wrong. I hope Kmart and Sears do figure a way to survive.
I grew up a Sears and Kmart kid. My Mom worked for Kmart for years in the Deli and then the cafeteria and then to the checkouts as thy kept closing those sections. Fond memories of those lousy subs and sandwiches and Icee's. Just now remembering my Mom's voice on the public address system calling out the blue light specials brings back some memories. Getting a little sad missing the parents and brother that has passed.
