Sears Archives - Market Mad House

The Retail Apocalypse Gets Worse

Retail Apocalypse skeptics are not reading or watching the news or studying earnings reports. Both news and earnings reports show

The Death Spiral

daniel June 18, 2015June 18, 2015 Dead Malls, Dead Retail, Eddie Lampert, Hundreds of stores closing, Obama Economy, Retail Apocalypse, Retail Apocalypse Gets Worse, Retail Death Spiral, Retail is Dying, Sears, SHLD, Thousands of Stores Closing

Just How Bad Is the Retail Apocalypse Anyway?

The social, political and economic consequences of the retail apocalypse will be immense. It will change America in ways we cannot even begin to imagine. One has to wonder how much longer this will continue until it produces some sort of civil unrest.

The Death Spiral

daniel June 10, 2015March 24, 2016 Eddie Lampert, Kmart Closing, Latest Lampert Deal, Latest Lampert Deal Would Make Sears Insolvent, Retail Apocalypse, Sears, Sears Closing, Sears Death Spiral, Sears Going out of Busienss, Sears Insolvent, Sears out of business, SHLD, Warren Buffett

Lawsuit Alleges Latest Lampert Deal Would Make Sears Insolvent

The Robbins Arroyo prediction of insolvency because of the real estate deals sounds a little too optimistic when you take a look at these figures. If the revenue losses continue, Sears is headed for insolvency with or without the Seritage and other deals.

The Death Spiral

daniel May 22, 2015March 22, 2016 Amazon, American Express, AMZN, Charley Munger, COST, Costco, Disruptive Technology, Eddie Lampert, Lampert, Retail Apocalypse, Sears, Sears Canada, Sears Closing, Sears Closings, SHLD, SRSC, Target, TGT, Warren Buffett, WMT

Is Sears Canada Worse Than Sears USA?

When is a $59.1 million loss and a 4.3% percent decline in same-store sales good news for a retailer? When the company is Sears Canada (NASDAQ: SRSC), that’s when.

The Death Spiral

daniel May 6, 2015March 26, 2016 Benjamin Graham, Charley Munger, Costco, Eddie Lampert, Kmart, Lampert, LE, Mr. Money Mustache, Retail Apocalypse, Sears, Sears Closing, SHOS, Wal-Mart, Warren Buffett, WMT

The Strange World of Eddie Lampert

The transformation, like the Lands’ End (NASDAQ: LE) and Sears Hometown & Outlet (NASDAQ: SHOS) spinoffs, is actually the looting of Sears. Like a dictator who has destroyed his nation’s economy, Lampert is now selling its resources off to the highest bidder. Then he pockets the proceeds and flies away in his private jet.

Thrift

daniel December 26, 2014March 5, 2016 Benjamin Graham, Berkshire Hathaway, Dollar Tree, Family Dollar, FDO, Mr. Money Mustache, Poverty, Sears, Thrift, Thrift Store, Value Investing, Warren Buffett

Items you Should Not Buy at a Thrift Store

If it is at a thrift store and somebody got rid of it, ask yourself why.

Long Ideas

daniel December 7, 2014 Amazon, AMZN, Apple Pay, Benjamin Graham, COST, Costco, CVS Health, Dollar General, FDO, JCP, Macy's, Mr. Market, Mr. Money Mustache, PayPal, Sears, Target, Value Investing, walgreen, WMT

Retail Recovery Not at Department Stores

It looks as if holiday shopping season 2014 could be something of a bust. That means 2015 could become a very ugly year for department stores with lots of store closings, cutbacks, restructuring, layoffs, and losses. The retail recovery could be turning into a retail apocalypse for the department store industry.

You Missed It

daniel November 5, 2014November 7, 2014 Dollar Stores, Family Dollar, FDO, Macroeconomics, McDonalds, Minimum Wage, Sears, Wal-Mart

Would Raising the Minimum Wage Really Help the Economy?

Nor would the increased wage necessarily raise people out of poverty. A working mother with two kids that earned Nebraska’s increased minimum wage of $9 an hour would make $17,280 a year if she worked full time (40 hours a week). That woman would still be below the federal poverty level. The U.S. Department of Health and Human Services has set the poverty level for a family of three at $19,790 a year.

The Death Spiral

daniel October 31, 2014March 26, 2016 Eddie Lampert, JC Penny, Kmart, Kmart Closing, Sears, Sears closes, Sears dying, Sears Holdings, SHLD, Target

Sears is Dying Faster than We Thought

That means Sears could close over 200 stores by the end of the year. It only closed 96 stores last year, and if that isn’t a sign of the death spiral, I don’t know what is. For those of you unfamiliar with it, the death spiral occurs when a retailer’s sales cannot cover its operating expenses, so it has to start closing stores or selling assets to pay the bills.