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#721 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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Interesting thought about putting a Put Option on Sears stock. They had a recent spike but I don't see that lasting through 2017.
I can't see that company staying a float much longer. It's dropped so much you'd think mutual funds start dropping it's shares as well. I haven't been in a Sears store for anything in years.
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2024 Royals game thread record 3-0 |
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#722 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $1024734
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#723 |
Hey Loochy, I'm hooome!
Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
Casino cash: $850397
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I refuse to go there for tools now because their floor staff are now rabid salesmen. I cant just browse along and then ask when I need help. I'm attacked by a salesman every 30 seconds. F that.
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Hey Loochy, I'm hoooome! ![]() |
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#724 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $1024734
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Quote:
I will say the outfit here has a price match policy on the outdoor stuff. Probably on their appliances and other hardgoods too. But looking at their store, they're done. I could look up their retail metrics, but they're done. The biggest player in the direct business for a ****ing century. Done. |
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#725 | |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
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Quote:
One stat I liked when I was younger was that back in the day, Sears accounted for 1% of the US GDP. For every $100 spent in the US economy, $1 of that was spent at Sears. That is how big they were. A few years ago, though, Wal-Mart was 2% of the economy, so I guess it's not quite as amazing as I thought.
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#726 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $1024734
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Yeah Wal-Mart is the devil, but look at the per capita retail stores. There used to be corner stores everywhere. I don't know the numbers, but I'd bet Sears had a larger percentage of all retail sales than did Wal-Mart, but I may be wrong. |
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#727 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $736899
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#728 |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
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Apparently way behind. According to this list, Wal-mart sales are $350 billion compared to $61 billion for Amazon. 2015 data https://nrf.com/resources/annual-ret...retailers-2016 ![]()
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"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington |
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#729 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $1024734
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#730 | |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
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Quote:
While looking up the stat above, I learned somewhat to my surprise that Wal_mart is the second-biggest online retailer. Their $13 billion in sales is dwarfed by Amazon's, but they're still number two.
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"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington |
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#731 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $1481110
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If I bought the LEAPS, I would have made a HUGE score. ![]() Sadly, this is my history ![]()
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#732 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $2028491
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Active fan of the greatest team in NFL history. |
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#733 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $2028491
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Quote:
The thing that's somewhat ironic is that Sears and Wards were to some extent a primitive version of Amazon. They sent you a catalog, you called in your order, and then they had a warehouse-type place where you went to pick it up. That's pretty much exactly Amazon's model, but Amazon has the internet. One wonders why the classic catalog stores never got ahead of the curve.
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Active fan of the greatest team in NFL history. Last edited by Rain Man; 02-13-2017 at 12:59 PM.. |
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#734 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $1024734
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#735 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $736899
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