this post was submitted on 04 Feb 2026
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Lemmy Shitpost

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[–] BarneyPiccolo@lemmy.today 1 points 3 weeks ago (2 children)

Oh, I hadn't realized that Sears was one of those companies that got broken up and sold off, like Toys R Us. That always sucks.

The difference is that Sears wasn't offering anything that you couldn't buy from anywhere else, and was struggling against competition in the best of times, while Toys R Us pretty much owned the market, and was doing well when they were murdered as a company. Sears kind of deserved their fate, Toys R Us did not.

Also, it's amazing that Penny's, Sears' primary competition, is still around and doing pretty well, or surviving at least, mostly because they made the jump to online sales in time.

[–] JcbAzPx@lemmy.world 3 points 3 weeks ago* (last edited 3 weeks ago)

It wasn't exactly the same. The guy who bought them was mostly interested in pillaging the real estate, which he sold to himself at a huge discount. He then decided to show off the superiority of his randian philosophy by enacting policies that very quickly destroyed what was left.

[–] Octagon9561@lemmy.ml 1 points 3 weeks ago (1 children)

I just went to a JCPenney closing sale the other day while I'm living near a Sears that's still open haha

[–] BarneyPiccolo@lemmy.today 1 points 3 weeks ago (1 children)

I thought all the Sears stores were closed.

[–] Octagon9561@lemmy.ml 1 points 3 weeks ago

Nope, five are still open.