Some posters are still hopeful that Sears will be saved through an acquisition or partnership with another successful retailer. With the reporting of this partnership it would seem obvious that no one is even remotely interested in Sears!
https://finance.yahoo.com/news/walmart-reportedly-partnering-lord-taylor-180306446.html
@rou I love to give you a rep you pretty much summed it up. When you go to Kohls their store is much more modern than whatever Sears has to offer we look so old (and let me tell you our store isn't even old was built a little over a decade ago) kind of sad.
Amazon is partnering with Kohls, who will be accepting Amazon returns. They were looking for a retailer with decent infract structure, nice looking stores that have been modernized in the past decade, and competent management. SHLD failed on all of those metrics.
Sears is nearly buried under its debt. People have to be realistic here...who in their right mind would partner with someone who's in the brink of death/bankruptcy? Does that make any sense? No it doesn't. That's just asking for a "partnership" where sears must leach off its partner for years to stay afloat long enough for anything positive to even potentially come from the deal at all. It would be the dumbest thing a company could do.
Sears is the joke of the retail community. There is no way a company is going to bail them out or want to merge with them. Only reason Kmart, another sh--ty retail company at the time, did was because they were about to go into bankruptcy. So what happens when two loser companies at the bottom of the sh-- pile come together? You have what you have now, a bigger pile of sh-- that's been out in the sun way too long and needs to be cleaned up.
I think a partnership would be great for employees and shareholders, it would be a win-win.It will also help Amazon compete against Walmart or Costco.The Amazon acquisition of Whole Food shows that it is interested in physical presence.
However I don't believe Amazon would be interested by Sears stores or deliveries center.
1- Amazon is already building it's own delivery centers.
2- There are many more brick and mortar retailers that have stronger position than Sears and could partner with Amazon.
3- There is an overabundance of empty stores and failing retailers that Amazon could take advantage of.No reason to partner with Sears now, they could wait for the bankruptcy.
I hope I am wrong but I don't see any reasons to believe this will happen.
Of course they won't partner with Sears. You'd be better off wiping your a-- with the money than sinking into this f---ing failure.