Dream Spa

Sears Canada

frankcastle

Well-known member
Feb 4, 2003
17,864
244
63
Home Depots, Lowes etc lost stocks value simply because there is now ANOTHER brick and mortar company to compete with, this is not very complicated shit here frank.

As far as me insulting you, if it isn't an insult, why were you insulted,...more strange logic from you frank.

Would you rather I called him,...your male friend,...???
At what point did I say I was insulted? Just pointing out that you are childish for thinking calling my friend gay makes any difference to me. Keep calling him my gay lover it makes no difference to me. I just wanted to highlight you're the type of guy who believes homosexuality is an insult.
 

frankcastle

Well-known member
Feb 4, 2003
17,864
244
63
Yup. They are doing it out of good will, because Amazon is famous for their philanthropy.

They are doing it precisely to market specific goods that warrant a storefront.

It also totally invalidates your argument. You are welcome.
Again you are not reading what I said. By saying they want a piece of the second pie..... what I was referring to was the people who don't online shop. There's no proof that it has anything to do with products that people need to see and touch (that's just your assumption). But what is certain is that there are people who choose not to shop online (for various reasons) and Amazon wants a piece of that.
 

malata

RockStar
Jan 16, 2004
3,818
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Paradise by the dashboard light.
Back in the day, the 'Brick & Mortar' scene was the place to go for hotties. Remember the Toronto Eaton Centre, around that fountain area? Where can we pick up hotties in the Amazon scene?

 

FAST

Banned
Mar 12, 2004
10,064
1
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At what point did I say I was insulted? Just pointing out that you are childish for thinking calling my friend gay makes any difference to me. Keep calling him my gay lover it makes no difference to me. I just wanted to highlight you're the type of guy who believes homosexuality is an insult.
I didn't call your friend gay,...or that he was your gay lover,...could care less,...but where do you come up with the shit you post,...are you on drugs,...???
 

frankcastle

Well-known member
Feb 4, 2003
17,864
244
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- You example of your boy friend buying designer clothes on line because he couldn't afford to shop at an actual store,...just how long do you think that line of clothes would exist if the stores that sold them,...ceased to exist,...any guess,...???
Oh I see you just meant he was my friend who happens to be a boy
 

frankcastle

Well-known member
Feb 4, 2003
17,864
244
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As far as me insulting you, if it isn't an insult, why were you insulted,...more strange logic from you frank.
If you didn't mean it as an insult then why didn't you clarify yourself?

You had every intent and now you are being gutless and pretending that you were just referring to my friend's gender. Which was totally unnecessary to specify since there was only one friend that I referred to.
 

FAST

Banned
Mar 12, 2004
10,064
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frank,...only way to reply to those two posts,...GET HELP,...seriously.
 

bluecolt

Well-known member
Jun 18, 2011
1,489
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It is very sad to see an icon like Sears go broke. It was a forgone conclusion for many years, but Sears tenaciously hung on until yesterday. It is an example of poor management over the years and ignorance and denial of the changes in the retail business in North America.
 

GameBoy27

Well-known member
Nov 23, 2004
13,015
3,070
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Sears Canada going out of business
https://www.thestar.com/business/2017/10/10/sears-canada-going-out-of-business.html

"Sears Canada has thrown in the towel, announcing it will shut down... most of the 12,000 employees will be let go over a 10- to 14-week period as the liquidation sales wind down; most of the 800 head office jobs in Toronto will be eliminated next week."

Sad news for the employees.
It's not all doom and gloom. Minimum wage earner will be making $15 an hour by Jan. 1st. 2019. Wynne to the rescue! :rolleyes:
 

rafterman

A sadder and a wiser man
Feb 15, 2004
3,505
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Sad to see the 12,000 employees of the remaining stores who are facing unemployment now within the three months or so it will take to finish the liquidation.
 
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Jeffrey93

Banned
Jul 27, 2013
449
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So, is SEARS continuing with an online/catalog retail operation?

The CRAFTSMAN line (ie: lawnmowers, snowblowers, etc.) certainly has value....
 

james t kirk

Well-known member
Aug 17, 2001
24,066
4,027
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So, is SEARS continuing with an online/catalog retail operation?

The CRAFTSMAN line (ie: lawnmowers, snowblowers, etc.) certainly has value....
Craftsman was sold a while back.

So was Diehard and I think Kenmore (but I could be wrong about that.)

Anyway, it's a tragedy that so many people are going to be out of work. Some smaller communities (North Bay comes to mind) lost their Target, now they will lose their Sears. I'm not a big fan of Amazon because they do not give back to the community like Sears and the old school stores do / did, though I think with Sears, they had been letting the stores go to seed for a decade. Still, if you need a pair of Levis, or some every day clothing or socks and such, Sears was always a good place to go.
 

Occasionally

Active member
May 22, 2011
2,926
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Surprising it took this long.

Sears dept stores have been archaic in design, product lines, zero renovations for eons. Even their flyers are crappy. And for a company that was legendary in mail order service, you'd think their online sales would be pioneering. Unless things changed in the past few years, Sears online is among the worst out there.... at least comparing against other big name retailers.

It'll be interesting to see what stores fill the big voids. Zellers is gone. Targets gone. Now Sears. There's only so many large retailers out there that need to fill another large vacant spot at a mall..... maybe more Nordstoms.
 

mclarkez1980

New member
Feb 19, 2017
296
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Old school retailer Canadian tire and it's subsidiaries, sport Chek and marks all having record profits, CTC share price at all time highs
 

Occasionally

Active member
May 22, 2011
2,926
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Old school retailer Canadian tire and it's subsidiaries, sport Chek and marks all having record profits, CTC share price at all time highs
Holy shit. I just checked their stock. It is flying! Big time money and profits.

Goes to show it's hard to translate online sales into all the gear they sell. And car repairs have to be done in person...... until Bezos finds a way to do from a an Amazon warehouse!
 

GameBoy27

Well-known member
Nov 23, 2004
13,015
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It'll be interesting to see what stores fill the big voids. Zellers is gone. Targets gone. Now Sears. There's only so many large retailers out there that need to fill another large vacant spot at a mall..... maybe more Nordstoms.
Not sure but some locations could be vacant for a while. Maybe on of the following: Walmart? Marshalls? Winners? Canadian Tire? Bed Bath & Beyond? HomeSense? Shoppers Drug Mart? Mark's? Sport Chek?
 

Smallcock

Active member
Jun 5, 2009
13,648
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Sad that such a behemoth was run into the ground.
 

explorerzip

Well-known member
Jul 27, 2006
8,093
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It is sad that an iconic business gets run into the ground. It's much worse for all the employees and pensioners that have to deal with it. It is interesting to read how businesses have come and gone over the years. Anyone remember Consumers Distributing where you would order from a catalog at a warehouse store and the clerk would pick it up. It was basically Amazon before the web.

There are a couple of company's that I think are relatively safe to online shopping for now. It will be interesting to watch how they evolve.

Harry Rosen - luxury items have higher margins and you generally have to deal with a human being especially for custom clothing. They do have some competition from online names like IndoChino where you can get a custom suit, shirts, etc.

Dollarama - You typically drop by a store to buy things like disposable cutlery and plates, decorations, etc. that don't make sense to buy online. The shipping would be more than the cost of the items. It only makes to buy such things online if you are getting a very large quantity and can wait a day or two. I wonder how long they can last, however, because the company seems to be piling on more debt as it grows. We've also seen companies in the same space come and go namely Bi-way and Bargain Harold's.

Canadian Tire - someone else mentioned it, but I think automotive service keeps them in the game. People who don't know or don't want to look for a mechanic take their car to Canadian Tire for oil and tire changes, etc. It only makes sense to have household goods in the same store while they wait. I'm not sure how well Marks is doing (owned by Canadian Tire) though since you can buy clothes on Amazon too.

Ikea - another interesting business since they manufacture and distribute and the Swedish meatballs or are damn good. One thing I just noticed is that you can buy Ikea products on the Amazon site.

Of course there's the Apple store that have been a massive hit and they always seem to be full of people. They're trying products out, getting a tutorial at the Genius bar, etc. Sure you can buy their products online, but their in-store experience differentiates them from all other electronics companies.
 
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