7 retailers that are shrinking fast

As US consumers cut down on spending, some retail chains are feeling the pain -- and they have little choice but to shutter their weakest stores.

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163Comments
Jan 26, 2013 6:16PM
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im not in a union but i believe they help there has been a lot of bashing of them and they do have there bad points but a lot of people worked hard to put them in place for us years ago they help to keep companies from taking full advantage of us workers without them are wages would also suffer there also use to be laws to protect against monopolies from forming in the states the government lets it happen all the time our good business keep getting bought by other countries like Mexico and china example Bimbo they are a large monopoly in mexico they make most of the deli, breads and bakery goods sold in Mexico and they are buying this industry up as fast as they can in the states and will soon have the leading share of our market . if we want our good jobs back we have to stop this from happening and do all we can to encourage growth in american goods again
Jan 26, 2013 6:04PM
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When you pay CEO's millions of dollars, how can any company survive.
Jan 20, 2013 1:34PM
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Sears used to shout in their advertisements in T.V. " Solid as Sears".  What happend to the solid?

This prolonged recession has taught a lesson to the average customers that they were all in a

mad house shopping paranoia,  bought far more quantity of everything than they were in need.

I used to watch a charity organization's drop off door,  the door was packed with clothings and everything else,  now the door is opened and nothing can be found there.   Everybody is watching their hard-earned money,  and the plastic cards issued by the banks are not dancing much.

Jan 19, 2013 9:15PM
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Americans have been cutting back for yrs ! Forbes are way out there . Like this is new??
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Goodwill.  America's premier retailer of the 21st century.
Jan 17, 2013 2:25PM
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No one has more responsibility than the President of the United States and he makes nothing close to $10 million+.   If the company is paying employees less than $10 an hour  there is no justification for the CEO to be getting these ridiculous salaries.  You set in your ivory towers with no concern for the  the employees that can barely feed their families.  If Ceo's are so responsible why wasn't someone aware and doing something about the risky practices that crashed our economy?  Yet a lot of you are still setting at the top because the little stockholders are insignificant.   Keep patting yourselves on the back.   
Jan 16, 2013 7:59PM
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I’m sad about the imminent loss of Sears. The writing is on the wall. Their employees were once helpful and actually know what they were selling. They cut their pay and benefits and all that knowledge left the sales floor.

 

Until recently I exclusively purchased Craftsman tools. They weren’t Snap-On, but were definitely good enough for a hobbyist like myself (and once carried a great warranty; but now they are reluctant to honor). I had to get a cheap ratchet and a few sockets in a pinch. I went to Harbor Freight and got their $10 ratchet and was shocked; it blows my craftsman ratchets out of the water. I didn’t like the fact that it was made in China (as is all Harbor Freight tools), but every time I go into Sears I notice that more and more Craftsman products are made in China.

 

My local store is always dirty and smells. I once went in for some plastic collapsible sawhorses. All three sets on the shelf were broken (grabbed some for less at the Lowe’s across the street). Every time I went in after that I always looked to see if the broken sawhorses were removed from the shelf……..it took over three months!

 

That’s the story of Sears; broken and nobody is making any real effort to fix it.

Jan 16, 2013 7:28PM
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Go down, America! The only thing I see going up is hospitals, doctors offices, medical schools and anything medical.  The FDA is addicting America with their sponsoring of legal drug lords. They just announced birth control pills to reduce teenage births.  What is wrong with telling the girls to keep their panties on and up! What is wrong wtth telling the boys to keep thier weiner in their pants unless peeing?  Oh, that wouldn't funnel money to the drug lords and the government.  I should have thought of that first. Go  down, America!  Hurry!! Go down!  shut the fukkking goverment down!! Turn off the lights, lock the doors and go home!!!  And go to.....well.
Jan 16, 2013 7:03PM
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Shocking to see Sears folding.  It used to be a great place to shop until greed set in.  Back when it was Sears and Roebuck they sold everything.  Sad to see it go.

Jan 16, 2013 6:42PM
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Yep.  They lost my battery business after treating me bad.  Wanted to charge me for replacing their battery.  I have not been back.  Like the Craftsman tools but have to be careful as a lot of them are made in China now.  I was a big customer for years, and now I don't care if they close all the stores.  Shame on them!
Jan 16, 2013 5:59PM
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And the unemployment rate is only 8%.   Stroke me, stroke me.  Start noticing the number of empty retail spaces in your neighborhood.  Businesses quietly closing.  Restaurants that seem to suddenly be gone.  It's everywhere!  We are NOT in a recovery. We are in a death spiral.  We are being lied to by our leaders. 
Jan 16, 2013 5:45PM
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I was raised to beleive that Sears stood for quality merchandise at a reasonable price.  In days long gone the store always stood behind their products but, no more. I am still using a Kenmore washer and dryer (olive green) that we bought in 1968.  They havent skipped a beat and I had  a hair salon at home and did tons of towels every day.  My children have since bought washers and dryers (Kenmore) and they dont last much longer than the warranty.  My husband and I havent made a purchase from Sears in the last decade... Too bad to.  We used to love shopping there
Jan 16, 2013 4:17PM
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For one I did not vote for Obama or Mitt Romney. I am a truck driver and I am making less money than I was a year ago due to business's closing down. For when business's close down there is less freight to ship around the country to supply stores with. And our president say's our country is improving and the unemployed are starting to go back to work. I don't see it and now more stores are closing. Here pretty soon it looks like truck drivers are going to have to start standing either in the welfare line or the unemployment line.
Jan 16, 2013 3:55PM
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I sent Sears a suggestion  years ago that they open a big area in their stores for 'made in US' products  and advertize it.  They didn't.    May have helped.
About 1950 I worked in a Sears store in the work clothes dept a few months. There were 3 full time and 2 part time employees. Now, there are not that many employees in the whole clothing dept.

Jan 16, 2013 3:31PM
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The only Sears "brand" worth its salt there is Land's End; especially this time of year good deals on mens and womenswear can be had at 60-70% off.  Why Lands End, a remarkable and good company, shackled itself to the Sears corpse is beyond belief. 
Jan 16, 2013 3:15PM
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Most every chain on this list is poorly run and have been heading down for a while.  It was just a matter of time before they headed down the toilet.  Only the strong survive
Jan 16, 2013 3:06PM
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I spent 35 years with Sears.

Afirmative action started the downfall.

The Premadonas, became disgusted with the direction and started building towers ect. and forgot that a sales force, built the Company.

It seemed that everytime the Co. anounced a reduction in employees ( which was mostly Sales force) The stock would go up. Which seemed to to confirm it was the right move.

Sears was a wonderful Co. for it's employees and the customer for many years.

It has had miserable management from Junior to the top, for the last 20 years.

I for one won't be sad to see it go.

DG

 

Jan 16, 2013 2:33PM
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I bought a stove from sears  the during the mid 2000s. The stove did not work well. They did not want to fix it until I told them to take it back. They have a rule. Sears will try to fix it 3 times or else they will take it back. After 3 chances I told them to take it back. They were not happy about it. I ended up exchanging a General Electric stove from Sears it was much better.

I was sorry I had my A/C and furnace put in by Sears earlier after the bad experience I had with them.

I also had my water heater looked at that I had bought from them earlier. They had sold me a defective water heater. I asked them to fix it. OH Boy was that a hassle.

I promised my self not to buy anything from them ever again.

Jan 16, 2013 1:59PM
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Sears, has been around for decades so they must be doing something right, but still the greed that prevails in this country has finally hit us hard and even though, we still are not learning, until we learn how to spend less than what we earn and save as consumers, than we can point fingers at CEO's, all they do is go by the consumers do.
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