Sears & Kmart 2024: Will someone please put them out of their misery?

Predicting the demise of Sears & Kmart since 2017!
ClownLoach
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Re: Sears & Kmart 2024: Will someone please put them out of their misery?

Post by ClownLoach »

wnetmacman wrote: April 2nd, 2024, 7:19 am
ClownLoach wrote: April 2nd, 2024, 6:59 am I think the fundamental issue is Toshiba hardware is expensive, and it doesn't seem to be built to the quality of the old indestructible IBM equipment. This sends the retailers out looking for a better value on the hardware and they usually find a cheaper software partner at the same time. By trying to push a expensive hardware and software combo, Toshiba is pricing themselves out of the market entirely. And when you look at the relatively low capabilities of the computers inside these registers there is no reason for big companies to spend.
You underestimate the retailers.

Most companies do not want to give the folks on the floor any more than they absolutely need. These 'underpowered' machines run just what they need to and no more. A standard POS won't do that because it runs Windows. You have to heavily manipulate Windows to lock everything down that far. Large companies will spend more for less to protect themselves from breaches and suits.
I know that, but the issue is that the Toshiba equipment is both more expensive and under powered which is a bad deal all around. It means the lifespan of the equipment will be far shorter, costing more both up front and in the long run. That is what is driving the push away from Toshiba. Dell is becoming a big name in retail computing as many companies are moving to their servers and hardware.

I am familiar with all the administrative locking down and security which isn't just to keep people focused but also prevent network intrusion and data breaches. Most retailers removed actual PCs from the offices in the last few years and replaced with thin clients where you're still seeing Windows but it's actually running on a virtual box on the server at corporate. Problem is if the network goes down you lose access to Windows on the thin client because it doesn't have any hard drive or local storage, RAM only. It's slower and clunkier but we were told not to listen to the stores complaints because it was a critical security issue.

People are incredibly dumb I hate to say... Plugging cell phones that could have malware into the USB port on the front of the cash register to charge them. I know Stater Bros in SoCal literally screwed metal mesh into every checkstand to physically seal off the register unit on their previous generation to stop idiotic behavior like the cell phone charging that a bad actor could use to install a memory scraper to steal millions of credit cards. Not to mention what they would do if given free access to the internet...

It doesn't take much if a hacker is familiar with a vulnerability and knows it's present and unpatched in your organization. Physically walking into a single store with a USB drive programmed to attack via that vulnerability could take down an entire chain and be held for ransom. Look at the MGM casino fiasco, down for weeks because someone figured out they could just call the (overseas, subcontractor run) help desk with the name of an IT exec they found on LinkedIn and they were able to get their password reset then logged in and took down tens of thousands of hotel rooms and slot machines. They must have all this security because the hackers know that money is flowing through those registers and they can steal it all or shut it down and hold it for ransom.
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Re: Sears & Kmart 2024: Will someone please put them out of their misery?

Post by storewanderer »

Went into Sears today.

The women's and kid's clothing is fully restocked; I haven't seen a full sales floor like this in a Sears in many years. The brands are unfamiliar and generic. The prices on the items are more along the line of a Burlington or Ross price; most items were 30% off or 50% off, and multiple racks of 6.99 price points.

Men's clothing has more than before but still needs to be restocked. Price points on the stuff they had in men's were quite higher than what was in women's/kid's.

It appears any Sears private label clothing products at this point are 100% gone and everything is generic stuff I've never heard of before for the most part. Also not much in the way of name brands. Quite a bit of US Polo Association product. I did see London Fog label and "kenzie" label, I guess I have heard of those but I'm not sure if those are the original brands or reborn versions of those brands.

The jewelry counter is mostly full, last time in this store it was basically empty.

Shoe department is still basically empty.

Home department is still basically empty.

Tool department has a few aisles but not really much.

Appliance department has a lot of boxed units out, including some stored in the otherwise empty home area.

New cash registers are installed but don't seem to work with most card types (they were just still using the old registers).

Store hours 11 AM to 6 PM daily.

Who knows why they are open but their store looked pretty good...
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Re: Sears & Kmart 2024: Will someone please put them out of their misery?

Post by Alpha8472 »

Do you think Sears could compete with Ross if it went to that type of a format?
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Re: Sears & Kmart 2024: Will someone please put them out of their misery?

Post by ClownLoach »

storewanderer wrote: May 18th, 2024, 11:50 pm Went into Sears today.

The women's and kid's clothing is fully restocked; I haven't seen a full sales floor like this in a Sears in many years. The brands are unfamiliar and generic. The prices on the items are more along the line of a Burlington or Ross price; most items were 30% off or 50% off, and multiple racks of 6.99 price points.

Men's clothing has more than before but still needs to be restocked. Price points on the stuff they had in men's were quite higher than what was in women's/kid's.

It appears any Sears private label clothing products at this point are 100% gone and everything is generic stuff I've never heard of before for the most part. Also not much in the way of name brands. Quite a bit of US Polo Association product. I did see London Fog label and "kenzie" label, I guess I have heard of those but I'm not sure if those are the original brands or reborn versions of those brands.

The jewelry counter is mostly full, last time in this store it was basically empty.

Shoe department is still basically empty.

Home department is still basically empty.

Tool department has a few aisles but not really much.

Appliance department has a lot of boxed units out, including some stored in the otherwise empty home area.

New cash registers are installed but don't seem to work with most card types (they were just still using the old registers).

Store hours 11 AM to 6 PM daily.

Who knows why they are open but their store looked pretty good...
How many of the weird labels were owned by Authentic Brands? I'll bet the majority were made or produced by them. Commodity clothing that just gets a label based on the chain it's going to. If it is going to JCPenney they might use one of their brands, if it's going to Costco they use a different one but it's the same exact item.

US Polo is like an outlet store brand that is an imitation of Polo Ralph Lauren. Stores look like a tiny version of Polo Ralph Lauren with similar signage and fixtures. The difference is visible immediately in the quality which is cheap. US Polo is playing the game correctly in my opinion because the Polo Ralph Lauren outlets carry "made for outlet" total crap clothing that fades after two or three washes and is nothing compared to the real product from department stores. US Polo is probably better quality. I don't understand why these big labels are making this garbage quality stuff and degrading their brand with the outlet stores. The entire outlet mall industry is dying because customers have figured out that saving maybe 40% compared to the legit brand name is not worth it when the product wears out or falls apart versus the real brand name product that lasts really until it goes out of fashion. Coach is also guilty of this same thing. Legit Coach purse will last for decades. The outlet stuff has handles attached with fake stitching and just fabric glue underneath. My wife had one break on a vacation and I had to go buy Gorilla Glue and clamps at Home Depot to fix her purse because it was Coach fake stitching. Haven't bought one since.
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Re: Sears & Kmart 2024: Will someone please put them out of their misery?

Post by ClownLoach »

Alpha8472 wrote: Yesterday, 11:33 am Do you think Sears could compete with Ross if it went to that type of a format?
Ross has 1853 stores and opens at least one a month.

TJX has 4800 stores.

Sears has how many again?

I guess Sears could compete with Ross, they could compete with whoever they want. They are so insignificant and puny today that they would likely not even be noticed by their competitors.
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Re: Sears & Kmart 2024: Will someone please put them out of their misery?

Post by storewanderer »

Alpha8472 wrote: Yesterday, 11:33 am Do you think Sears could compete with Ross if it went to that type of a format?
I just don't think they have enough locations left to buy at the scale needed to compete with Ross/Burlington. I was shocked to see how restocked these clothing departments were. From a casual glance walking around a significant portion, the majority even, of their sales floor looked like a typical Sears used to look (until you noticed the unfamiliar labels/branding).

I think it took them many years to "blow out" all of the remaining private label clothing that was left in their supply chain but it appears they have finally done that.

And the stuff they had there, actually didn't look bad. It looked pretty good. Just unfamiliar branding.

Here's the other kicker- their new cash registers DO NOT accept "Shop Your Way." I wonder if that program is about to go away. To think all the customers they probably pissed off pushing that program over the years..

And store hours of 11 AM to 6 PM daily, they aren't going to be selling much during those hours.
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