@my4mainecoons said in SYWR Points Back with Purchase Offers Thread:
Quite the business model. SMH
It’s obviously dying, but Sears has been holding out for how many years now? There are quite a few people at my local Kmart paying cash (and with Kmart gift cards, smartly); so there are some customers out there.
But Sears/Kmart are losing so much money every quarter.
I think what’s happening is that Eddie Lampert genuinely believes he can turn this ship around, or at least delay the iceberg. He already spun off the real estate into Seritage Growth. But these CEO people and hedge fund people are bonafide true believers in their apparent ability.