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-   -   Sears Canada seeks to close 12,000 positions, possibly liquidating next week (https://www.revscene.net/forums/713529-sears-canada-seeks-close-12-000-positions-possibly-liquidating-next-week.html)

Tapioca 10-13-2017 09:23 AM

Quote:

Originally Posted by 6o4__boi (Post 8866387)
probably timed just right sometime middle of the sale

i don't expect anything to hit good deal levels the first few weeks

Standard liquidation practice is to jack up all the prices to the original MSRP and discount by 20-30%. The deals don't actually come until about 50-60% off MSRP, but since most people are gullible, much of the stuff worth buying will be gone by then.

You may actually find cheaper prices now before the liquidation starts.

Since becoming a parent and a homeowner, I've actually picked up a few more things from Sears. Kids' clothing, a Broil King BBQ, and baby gear. It's a shame that they're going down when I'm finally starting to appreciate the product mix that they have.

threezero 10-13-2017 05:10 PM

Quote:

Originally Posted by Jmac (Post 8865825)
They used to be top notch like Craftsman. Of course, that's in the past, but they still have name brand appeal.

one of the most valuable asset under the brand.

That was sold at a liquidation price last year.


The only ppl thats losting in this battle are the people that made a career working in Sears.


Sears own the CEO a lot of money. CEO gonna be rich after the company folds.


Long time employee? lay off with no compensation.

PJSalt

Acura604 10-20-2017 10:48 AM

so.. .from what I've heard the closeout sales are bogus... as in, jacked up prices reduced by whatever % they're advertising. lame lame lame.

Shoppers underwhelmed by deals as Sears Canada liquidation sales begin

BURNABY (NEWS 1130) – Sears locations across Canada have officially started liquidation sales and that means some line-ups for those of you heading to check them out.

But shoppers are finding the deals underwhelming. While signs suggest discounts of 20 to 50 per cent off — with a note that exceptions apply — relatively few items appeared to be offered at half off.

Craig decided to look around with his mother, but isn’t all too pleased with what he saw. “I was in Sears a few days ago and I saw a few prices that had been marked up. So, when you mark it up and then offer 20 per cent off, it’s not a bargain.”

Others agree, saying they expected better deals, given this is a liquidation sale.

Dora says the prices aren’t the only problem. “The line-ups are much, much too long for me to stand in. I couldn’t possibly do it.”

6o4__boi 10-20-2017 10:52 AM

lol shoppers expecting crazy good deals on the first day of a liquidation sale that could go 10 weeks or more

https://media.giphy.com/media/3orieL...9Iju/giphy.gif

murd0c 10-20-2017 10:52 AM

and right there is one of the reasons why Sears has gone under, they have been doing dirty tactics like this for years and years.

Mr.HappySilp 10-20-2017 11:21 AM

Quote:

Originally Posted by murd0c (Post 8867695)
and right there is one of the reasons why Sears has gone under, they have been doing dirty tactics like this for years and years.

Doesn't all retails stores do this? Even online stores......

Spoon 10-20-2017 12:39 PM

Quote:

Originally Posted by murd0c (Post 8867695)
and right there is one of the reasons why Sears has gone under, they have been doing dirty tactics like this for years and years.

Amazon's next then? :badpokerface:

Indy 10-20-2017 02:21 PM

why is this a surprise to anybody?

let the suckers buy at msrp or slightly below and when only crap is left, discount the crap out.

danned 10-20-2017 09:35 PM

executive earn big money by doing liquidation sales~~~~~~

MG1 10-20-2017 10:02 PM

I've been to The Bay the last few days. I'm doing my part in supporting them before they become next on the chopping block. To my surprise, they are doing a damn good job of keeping their head above water.

Some damn good prices and promo's. It's worth the time to check them out. It's sad that the service level is not on par, but who cares as long as the prices are good.

Asian model = sell plenty with little profit. Better than sell few to none in hopes of large profit.

Now, Walmart has the right balance. I think Amazon is simply going to eventually kill everybody.

yray 10-20-2017 10:15 PM

craftsman wrench in the shop just broke LOL

Slifer 10-30-2017 06:43 AM

https://globalnews.ca/news/3823395/s..._campaign=2015

lol

blkgsr 10-30-2017 07:00 AM

big props to The Bay.

went in to buy some dress shirts and was happy to see they were on sale.

found a brand/style i like, only had one instock in my size but picked out a few others and the guy looked them up online, he placed the order to have them shipped to my house.

they shipped, on a sunday, 3 hours later

that's impressive.

Mr.HappySilp 10-30-2017 07:04 AM

Quote:

Originally Posted by MG1 (Post 8867765)
I've been to The Bay the last few days. I'm doing my part in supporting them before they become next on the chopping block. To my surprise, they are doing a damn good job of keeping their head above water.

Some damn good prices and promo's. It's worth the time to check them out. It's sad that the service level is not on par, but who cares as long as the prices are good.

Asian model = sell plenty with little profit. Better than sell few to none in hopes of large profit.

Now, Walmart has the right balance. I think Amazon is simply going to eventually kill everybody.

The bay is actually not bad when they have Bay day sales + discounts on their clothing and luggage but their appliance, cookware, beddings needs to be cheaper. $60+ on a pan even on sale when I can get the same size of pan for $30.

Amazon might be good for some things but there are plenty of items you have to shop in person. Shoes are one of them. Each brand's fitting is a bit different and the style makes a huge difference. Same with suits and ties, jeans, pants etc etc. Then there are luxury goods which you have to go in store to try and see if it fits you. I know they are they doing the whole VR shopping but it doesn't come close to trying it in real.

mikemhg 10-30-2017 03:38 PM

Quote:

Originally Posted by Mr.HappySilp (Post 8869230)
The bay is actually not bad when they have Bay day sales + discounts on their clothing and luggage but their appliance, cookware, beddings needs to be cheaper. $60+ on a pan even on sale when I can get the same size of pan for $30.

Amazon might be good for some things but there are plenty of items you have to shop in person. Shoes are one of them. Each brand's fitting is a bit different and the style makes a huge difference. Same with suits and ties, jeans, pants etc etc. Then there are luxury goods which you have to go in store to try and see if it fits you. I know they are they doing the whole VR shopping but it doesn't come close to trying it in real.

Definitely agree with this, so far I haven't had any real piece of clothing or shoes that I ordered online, fit me properly.

twitchyzero 10-30-2017 06:20 PM

i admit i've gone to sportschek/mec to try shoes out then bought them elsewhere online...at least for the technical stuff like cycling shoes or hiking boots :badpokerface:

i just stick with brands im familiar when buying shoes online...onitsuka for example has a pretty consistent sizing...i dont believe they are carried by authorized sellers locally


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