I have been saying this for a year or two now and here it is.
Sears is closing their FLAGSHIP store in Chicago to go ONLINE!
This one I wrote just THREE DAYS AGO!!
"Retailers will have to analyze those holiday numbers and they are going to one day come to the realization that for folks like JC Penny and Sears to survive, they need to start closing every store that is not growing in sales. BOOM! Just like that. Done! Overnight. Stop the hemorrhaging and focus on what works. Take some of those employees and train them how to use Facebook and Twitter and all the rest and unleash their power of change. The game is over guys. Time to rethink the next 100 years or you won't be around to rethink it. Time is running shorter and Amazon is growing bigger."
This is what I wrote about this in August and stay tuned for my next post as JC Penny is closmg 33 stores and 2000 employees.
Here are some thoughts from 2009 about the future of Sears and Pennys and Kmart:
It's all so forseeable. I see what they get PAID to see.