I just saw a TV news report stating Sears is closing 32 stores --didn't hear if that was nationwide or just on the east coast,I think nationwide..
They closed one 15 miles south of my town in Swansea MA a few weeks ago,I saw posts on Facebook telling of the "last minute deals" they were having,selling off new tires for 25 bucks each,and up to 70% off usual prices on other items,in order to empty out as much merchandise before they locked the doors..
I'm surprised no one was trampled to death in the stampede..

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It is a shame Sears let their quality tools be replaced with china made junk,I remember Sears being THE "only" store to shop at,my parents bought practically everything there--or went there first,and rarely purchased anything elsewhere...they had easy credit,and back in the day no other store could compete,as far as having so many factories and other companies making Sears "exclusive" products..
Their Roper made garden tractors are still among the best as far as affordable tractors that were able to handle about any chore,with attachments ranging from a dozer blade to a front end loader,mower decks,chipper/shredders,roto-tillers,generators--many of those tractors are still running 40 to 50 years later...you wont see any MTD's or the other sheet metal riding mowers surviving that long..
Unfortunately Sears was a bit lame in the parts availability and service side of things,parts got discontinued rather quickly,which led to some customers getting disgusted,and after 1979 or so,they didn't have much more than riding mowers for sale,only one or two high end models that rivaled the Roper tractors..
I have a 1908 reprint of a Sears catalog,the amount of items available in it are mind boggling--everything from wood stoves to shot guns,musical instruments,knives,and even "medicines" that contained cocaine & heroin...

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A late friend of mine lived in a Sears house!--it was bought in kit form in the 1930's,Sears sold "Allstate" brand homes,and even had Henry J autos re-badged as Allstate for sale in the 50's..the house was delivered on a horse drawn wagon my friend said,and it is still in good condition to this day.
It is too bad Sears is going down the sewer due to poor management and customer service...
I have read many horror stories about their warranty repairs and slow turn around times ,and after the 1980's Sears started treating employees rather poorly,and that led to more customers being frustrated with poor service and general "screw ups",and started buying elsewhere..that plus the fact they were now importing many products formerly USA made didn't set well with many customers also..
I never had a easy exchange when it came to broken tools under their "lifetime warranty"...it seemed the clerk was trained to steer you towards a "rebuilt" tool or give every excuse why yours was not eligible for free replacement..
After I bought a tool set that had two ratchets that skipped right out of the box,I have decided to buy any other tools at Lowes in Kobalt brand or Home Depot "Husky"--those stores exchange tools no questions asked,no hassle,and their quality is better than current Craftsman tools..
I read Stanley has bought the Craftsman name,they also now own Black & Decker and several other brand names..perhaps they will improve the tool quality,Stanley has some decent grade tools that are still made in CT...