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You Can Kick The Can Down The Road, But Reality Will Catch Up With You Eventually

October 13, 2018

You Can Kick The Can Down The Road, But Reality Will Catch Up With You Eventually Nobody can defy the laws of economics forever.  Whether it is an individual, a company or the nation as a whole, reality always catches up with everyone eventually.  For years, I have been warning that Sears was eventually going […]

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The Retail Apocalypse Picks Up Speed As Sears, JCPenney, Brookstone And Mattress Firm Spiral Toward Bankruptcy

October 3, 2018

The Retail Apocalypse Picks Up Speed As Sears, JCPenney, Brookstone And Mattress Firm Spiral Toward Bankruptcy Over 20 major retailers have filed for bankruptcy since the beginning of last year, and in 2018 we may break the all-time record for annual store closings that was established just last year.  We are in the midst of […]

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It’s Over for Sears Canada

October 11, 2017

It’s Over for Sears Canada Brick and mortar meltdown. Sears Canada hired the same leading bankruptcy advisory firm on June 12 that had represented Target Canada in its insolvency proceedings. Ten days later, it filed for bankruptcy protection to restructure its capital and its operations, shutter dozens of it 225 stores and lay off nearly […]

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It’s A Retail Apocalypse: Sears, Macy’s And The Limited Are All Closing Stores

January 11, 2017

It’s A Retail Apocalypse: Sears, Macy’s And The Limited Are All Closing Stores It has only been two weeks since Christmas, and already we are witnessing a stunning bloodbath of store closings.  Macy’s shocked the retail industry by announcing that they will be closing about 100 stores.  The downward spiral of Sears hit another landmark […]

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‘Footprint Rationalization’: Sears adds to Woes of Canada’s Malls

January 26, 2016

‘Footprint Rationalization’: Sears adds to Woes of Canada’s Malls The industry spirals into turmoil. After bouts of store closings that started in 2013, Sears Canada has about 95 department stores, 10 outlet stores, and 40 home stores left. Now, according to the Globe and Mail, it will close even more stores. It’s been tough for brick-and-mortar […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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