Low Crowds On Black Friday Indicates Sears is in a desperate situation
While many stores experienced massive crowds on Black Friday, Sears was a ghost town.
In October, Sears declared bankruptcy after reversing years of poor sales figures, according to a report from CNBC . Unfortunately, disappointing deals have kept customers away and disappointing sales may end with the spelling of the iconic dealer.
Unfortunately, for eight years, Sears has not had any profits, and therefore it once battles the behemoth dealer for his life. Galleria White Plains mall Sears looked like a ghost town, similar to how it has seen in recent years on one of the biggest shopping days of the year.
"This place looks like a ghost town. It was a waste to even get out. They do not change prices," said Brandon Warkenthin of White Plains, New York.
The store not only counted a few shoppers among its residents Black Friday, but also few employees. The small number of customers waiting to see Sears's offer fought to find some kind of help.
A shopper named Andy Gill, who appreciated the lifetime warranty on the tool that the store offered , commented on the lack of employees. [1[ads1]9659003] "Customer Service – I do not see any people around here."
Of course, due to the low acquisition, although there were few employees who worked, lines never grew more than three customers over the course of the first hours of the sale
. Sears mayor and former CEO Eddie Lampert want to keep the store alive.
"We must show progress over the next few months to establish our senior long requiring a reorganization of the company is realistic and in order to avoid a shutdown and liquidation, he told the employees in October following the company's filing.
"They might as well give it to me for free," said a shopper at a Sears in Long Island, NY, how many remaining products had been discounted by 75% or 80%. https://t.co/0C7sCZtEpK
– Wall Street Journal (@WSJ) November 23, 2018
Yet another Sears store met a sad black Friday, according to the Wall Street Journal . Recently, the company began to close 142 underperforming stores and buyers in a New York location knew this was the last time they would enjoy the kickoff for Christmas shopping at the once bustling place. With almost empty shelves, customers found steep discounts, but an overall depressing atmosphere.
Meanwhile another place started a slow start, according to a report from Chicago Tribune . Oakbrook Center Sears, which recently saw a remodeling, opened before the sunrise to no line and got cars in the parking lot. Of course, Chief Brand Officer Peter Boutros pointed out that the agreements actually started on Thanksgiving, which led to lower numbers and short lines on Friday.
"I'm optimistic and bullish that we're going to win the holiday and it's going to put wind in our sails to get out of Chapter 11," Boutros said.
The trademark was the original retailer in the United States In 1893, Richard Warren Sears and Alvah Curtis Roebuck founded it and operates it since. da