connieb
Senator
Of course one of posters predicted this a few weeks ago. They aren't totally under but this is a start. Macy's is closing some too. But they announced that in August.
https://www.facebook.com/topic/Sear...ce=wtfrt&position=3&trqid=6372142128071119420
There are many factors for this of course. Online shopping of which I am guilty is just one....But, when you don't have a brand - you can't develop any brand loyalty. And that is ultimately what killed them in this case. Kohls which I used to love, is unfortunately starting down the same path. Their clothes are getting cheaper as far as quality but not as in price. And, they don't have the inexpensive options to pull you in. I used to love to get my kids clothes there when I could spend $5 a piece on clothing. but, now my kids clothes costs as much as mine. And, there is no "store brand" option that is really less expensive. There is a store brand, but it is not consistently less expensive. And, like sears/Kmart they often look not well stocked, etc.
But, this is the natural reaction, to spending all your money at top corporate salaries. Not investing it at the store level, will turn off customers continually.
https://www.facebook.com/topic/Sear...ce=wtfrt&position=3&trqid=6372142128071119420
There are many factors for this of course. Online shopping of which I am guilty is just one....But, when you don't have a brand - you can't develop any brand loyalty. And that is ultimately what killed them in this case. Kohls which I used to love, is unfortunately starting down the same path. Their clothes are getting cheaper as far as quality but not as in price. And, they don't have the inexpensive options to pull you in. I used to love to get my kids clothes there when I could spend $5 a piece on clothing. but, now my kids clothes costs as much as mine. And, there is no "store brand" option that is really less expensive. There is a store brand, but it is not consistently less expensive. And, like sears/Kmart they often look not well stocked, etc.
But, this is the natural reaction, to spending all your money at top corporate salaries. Not investing it at the store level, will turn off customers continually.