Thread regarding Sears layoffs

Integrated Retail

"Integrated Retail" as practiced by SHC is something that sounds futuristic and high tech on paper, but ignores what people really want in a retail store.

As of the end of 2016, 92% of all retail sales dollars still went through brick and mortar stores, the "traditional" way. People use devices to gather information, but when it comes down to actually buying things, stopping in at a store is still the preferred option.

Smart retailers, such as Walmart, are developing the other sales channels while also maintaining and building stores.

Management at SHC lives in a fantasy world where it's possible to make money without investment and work. They think they can magically transform to a low investment, low asset, high profit business. It's pure delusion in the ultra competitive retail business. Integrated retail is just a meaningless slogan and a diversion from reality.

There is no "beacon" for the future of SHC, only an epitaph. The company is already dead, a corporate zombie burning off what's left of the assets.

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| 731 views | | 1 reply (May 2, 2017) | Reply
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Eddie doesn't want to stock anything or have stores, he just wants a marketplace for 3rd party sellers. He will sell off all the physical stuff to get that. Including DCs which is something Amazon keeps building because they realize its what enables them to ship prime and get more orders.

The whole premise would be fine if the website was good, easy to use by both vendors and customers and we didn't already have amazon which Prime offers us shopping, shipping and more.

Even Alibaba and Aliexpress are easier to find what I want than Sears.com

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