Seritage Growth Properties (NYSE: SRG) Archives - Market Mad House

Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

The Death Spiral The Junk Pile

daniel May 2, 2018May 2, 2018 2018., Amazon (NASDAQ: AMZN), death of Sears Holdings (NASDAQ: SHLD), Do Empty Sears’ Stores have Any Value?, End of Sears, Evidence that Sears is Dead, Kroger (NYSE: KR), Lowe’s (NYSE: LOW), Sears Holdings (NASDAQ: SHLD), Sears stock was trading at $3.04 a share on May 2, Seritage Growth Properties (NYSE: SRG), Will Anybody Notice if Sears Dies

Is it the End of Sears?

The saddest part of the sorry saga of Sears is that nobody but its employees might notice if the brand dies. The customers obviously abandoned Sears long ago, leaving nothing but debt and empty stores behind.

Market Insanity

daniel January 14, 2018 Amazon’s Whole Foods 360, Big Media Cheerleading for Trump, closing of 63 Sam’s Club stores, Fewer Retail Jobs, Fewer Retail Jobs which will Pay More, Here’s why the Retail Apocalypse is worse and better than You Think, Is CNBC lying about Walmart Wage Increase?, Kohl’s (NYSE: KSS), Kohl’s cannot make money with department stores, Kroger (NYSE: KR), Lucky’s Market, Macy’s (NYSE: M), Retail Apocalypse, Sam's Closing, Sears Holdings (NASDAQ: SHLD), Seritage Growth Properties (NYSE: SRG), Seven 11, Sprouts Farmers Market (NASDAQ: SFM), Starbucks (NASDAQ: SBUX), The Hudson’s Bay Company (TSE: HBC), Walgreens (NASDAQ: WBA), Walmart, Walmart (NYSE: WMT)

The Retail Apocalypse is Alive and Well

Giving Walmart workers an extra $8 or $9 a day might have little or no impact on the economy. Walmart clerks can now afford to buy lunch at In-N-Out Burger; rather than at McDonald’s, how does that benefit the wider economy? Much higher wages will be needed for a real economic stimulus.

It remains to be seen if the $1,000 bonus and wage hike will have any effect on Main Street. Giving average families an extra $1,000 to pay off $1,000 of their credit card debt, might not do much for the economy. The average U.S. household now owes $15,654 in credit-card debt, Nerdwallet estimated.

Market Insanity

daniel July 25, 2017 Amazon (NASDAQ: AMZN), Best Buy (NYSE: BBY), Best Buy is an Amazon target, Home Depot (NYSE: HD), Land’s End (NASDAQ: LE), Macy’s (NYSE: M), Nordstrom (NYSE: JWN), Sears Holdings (NASDAQ: SHLD), Seritage Growth Properties (NYSE: SRG), Whirlpool (NYSE: WHR), Whole Foods (NASDAQ: WFC), Why Amazon Might Acquire Best Buy, Why Amazon Might buy Nordstrom, Why Amazon will not buy Sears, Would Amazon buy Sears or Nordstrom?, Would Amazon Buy Sears?

Would Amazon buy Sears or Nordstrom?

This does not mean Amazon would not buy a department store. I can certainly picture it acquiring Nordstrom (NYSE: JWN); which has a “best in the industry” reputation, and a loyal customer following much like Whole Foods. It also likes to implement next generation retail practices like setting up “storefronts” for online merchants and Tesla dealerships in its stores.

daniel July 3, 2017 Expect Consolidation not Bankruptcy, lack of bankruptcies, Macy’s (NYSE: M) and JC Penney’s (NYSE: JCP), ongoing retail apocalypse, Retail sales are still increasing, Sears Holdings (NASDAQ: SHLD), Seritage Growth Properties (NYSE: SRG), Target (NYSE: TGT), The One Major Retail Bankruptcy we can Expect, why hasn’t a major retailer gone bankrupt yet?, Why Haven’t More Retailers Gone Bankrupt?

Why Haven’t More Retailers Gone Bankrupt?

Some observers even point to the lack of bankruptcies (or major bankruptcies) to cast doubt upon all the whole proposition of a retail apocalypse. These critics are mistaken; the lack of bankruptcies does not make the apocalypse fake news. The Dallas Morning News estimated that 5,377 chain store closings had been announced as of May 14, 2017.

The Death Spiral

daniel May 31, 2017 A negative “free cash flow” of -$902 million, Age of Amazon, Amazon (NASDAQ: AMZN), another major wave of Sears and Kmart store closings, Dollar General (NYSE: DG), Eddie Lampert, Even More Sears Closures Reported, Is the End in Sight at Sears?, Lampert try to shut down every Sears and Kmart location, Sears gets Worse Again, Sears Holdings (NASDAQ: SHLD), Sears is close to death, Seritage Growth Properties (NYSE: SRG), things are about to get far worse at Sears, Will Lampert Take Sears Private?

Is the End in Sight at Sears?

It looks as if Sears is close to death and a chapter in American retail history is about to end. We are now living in the age of Amazon and many brick and mortar retailers are doomed.

The Death Spiral

daniel May 17, 2017May 17, 2017 Blame the Vendors, Can Sears Pay its Vendors?, Eddie Lampert has gone Nuts, How and Why Lampert is closing Sears and Kmart Stores, Is Sears Headed to Bankruptcy?, Lampert is Getting Crazier as Sears collapses around him, Lampert’s Lousy Business Strategy, One World Technologies, pattern to Sears and Kmart closures., Sears Acceptance Corporation, Sears Holdings (NASDAQ: SHLD), Sears is also paying Seritage a lot of rent, Sears is Suing Craftsman Supplier, Sears simply lacks the resources to pay its debts, Sears’ liabilities of $13.19 billion’ greatly exceeded its assets of $9.326 billion, Seritage Growth Properties (NYSE: SRG), Seritage is making big money renting old Sears’ stores to high end retailers such as Whole Foods Market (NASDAQ: WFM)

Eddie Lampert has gone Nuts, Sears is Suing Craftsman Supplier

Sears Holdings’ (NASDAQ: SHLD) CEO Eddie Lampert is justifying suspicions that he is crazy. His newest turnaround strategy of blaming

Market Insanity

daniel January 13, 2017 Dark Coin, Dash, Empty Sears and Kmart stores, Ethereum, If Dash goes mainstream, JPMorgan CHASE NYSE: JPM), lot of upside potential, Off the Wall Investments that Might Pay Off Big in 2017, Plug Power (NASDAQ: PLUG), poor man’s bitcoin, Sears Holdings (NASDAQ: SHLD), Seritage Growth Properties (NYSE: SRG), Sirius XM Holdings (NASDAQ: SIRI), spike in bitcoin prices, Sprint (NYSE: S), Weird Investments

Weird Investments that Might Pay Off

All of these investments are real risky and you’ll probably lose money but you never know. As Benjamin Graham liked to point out Mr. Market is completely insane and he often rewards off the wall investors while punishing conventional thinkers severely.

The Death Spiral

daniel January 9, 2017 Alabama, Can Lampert Really make Money at the Mall?, Eddie Lampert, Geography might doom a Kmart REIT, JC Penney (NYSE: JCP), Macy’s (NYSE: M), Phenix City, potential Kmart REIT, Sears Holdings (NASDAQ: SHLD), selling Craftsman, Seritage Growth Properties (NYSE: SRG), TJX Companies (NYSE: TJX), Would a Kmart REIT be a Good Investment?

Sears Investors are about to get Burned…. again possibly by a Kmart REIT

Investors need to say away from a potential Kmart REIT like anything Lampert touches it will lose money. It looks as if another group of investors are about to get burned by another lousy Lampert stock.

The Death Spiral

daniel January 7, 2017 Craftsman brand to Stanley Black & Decker for $525 millio, Eddie Lambert’s latest strategy to “save Sears”, Lampert Loans Sears $500 million, Macy’s (NYSE: M), Macy’s (NYSE: M) is planning to lay off 10100 employees, Sears also reported a “net income” of -$2.194 billion, Sears has closed almost 60% of its stores, Sears Holdings (NASDAQ: SHLD), Sears is planning to close 150 stores, Sears Lost $9.4 billion, Sears will need raise $1.5 billion to make it through 2017, Seritage Growth Properties (NYSE: SRG)

Holiday Season of Pain begins – Macy’s to lay off 10,100 Sears Closings Accelerate

Those closures are addition to 46 shutdowns the company had announced internally on December 27. If these reports are true, Sears might be closing 196 stores. That’s more than 10% of Sears’ footprint, it currently operates around 1,500 stores.

The Death Spiral

daniel December 13, 2016 closed Sears and Kmart stores, Diehard and Craftsman, Eddie Lampert, Holly Hill Mall, Jason Hollar, Jeffrey Balagna, Joelle Maher, Kenmore, Kmart Store not on Closing List is closing, Sears Facing Eviction from Mall, Sears Holdings (NASDAQ: SHLD), Sears Holdings’ closing list, Sears is losing money by simply staying open, Seritage Growth Properties (NYSE: SRG), Shop Your Way, the disaster at Sears

How is Sears Staying in Business?

Sears stockholders had better sell off fast because the final round of the Sears death spiral seems to be beginning. It’ll be a miracle if Sears survives 2017 without bankruptcy or liquidation.

← Previous