US retail giant Sears files for bankruptcy

[wishstar]

4. No way they could survive with all the old rundown stores, despite some good products and deals

Sad how their managers ran it into the ground. Our local Sears (in top 5 of nationwide sales volume) was secretly sold off keeping their employees in the dark about the sale and imminent closure. But management never bothered to get the escalator running through the holiday season last year, so I knew it was on chopping block if management didn't care enough about customers to even keep escalator working.

Our local Kmart is also shockingly rundown with low inventory so I expect it will be on the next list of closures. They have some good quality clothing items made exclusively for Kmart that I will miss. I just went online this morning to order a couple of things my spouse and I can't find anywhere else that were in stock to pick up at our local store today using their discount points. I feel bad for the local employees, some who transferred over to Kmart from the closed Sears.


I hope that at least the Kenmore appliance line can be preserved and carried over to some other retailer as it has provided good quality affordable items.