Sears stock has been at all time highs and Sears continues to grow. It ain't going anywhere...
Their stock may be doing well for the moment, but time has a funny way of changing things.
The Sears in Natick, MA was unbelievably busy on Saturdays, back the 70's to mid 80's. The floor traffic was almost like a mob. This was before the blue laws were repealed, and most retail stores were not open on Sunday. They sold lots of stuff, and the craftsman tools could not be beat. Craftsman tools were manufactured by Stanley Works. I'm not certain who makes now, but the quality has definitely changed. Anyone have info on this?
I just think that today, Sears is a totally different place. Example: I own a small table lamp I'd like to fix. I'd like to replace the socket, and install that part known as "the Harp", (supports the lampshade) so I can use an energy efficient bulb in it. Sears always used to carry all the stuff you could possibly need for things like this. Today they carry a few replacement sockets, but not the one I need. In fact, the electricial department is less then one third the size it used to be, circa 1980. Asking an employee only produced a blank stare. The employees of old would have known what I was talking about, and answered "Yep, we got those".
Grocery Stores: Anyone remember a chain called "First National"? I think they may have had a company policy that stated that each and every grocery cart had to have one wheel that wagged back and forth, and squealed as you pushed the cart.