Our DM told us in a conference call that Amazon is buying 200 stores. Anyone else hear anything about this?
13 replies (most recent on top)
You think the largest distributor in the world is going to buy outdated, dilapidated stores? Your smoking the good stuff
Good News is Yes Amazon is buying Sears locations. Bad news you are all being fired anyway.
Next someone will claim they want to use them for warehouses...
Right at the pointer honestly DM don't do nothing in my opinion to earn that salary. Especially at this point where the company is running dry they rather cut the bottom barrel people that make very little and protect upper management.
Also don't believe Amazon would want to buy any properties unless they were dirt cheap. At this point the smartest move is to wait for bankruptcy when everything will just be so cheap to buy.
Amazon's opening of brick and mortar stores are only for pick-up locations. They already have a few store fronts in my area to pick up items if you dont want to wait for delivery. That is all they are doing. Any Sears or Kmart would be way to large for a small store front they are using
amazon has been testing brick and motar stores for a few years....dont know about buying any of the kmarts......but they had inquired a few years back when i worked for kmart.....
Amazon would not allow any public discussion over any possible deal. That causes problems with the SEC unless Amazon or Sears publicly discloses it an official news release. Your DM Is misinformed, stupid, or a liar, IMO.
Yep, that's the ticket, believe everything that the DM tells you. SHLD DMs are absolute fountains of truth, transparency and righteousness.
Some of the Lampert/SHLD stock fans have been tossing around the fairy tale that Amazon might buy all or some portion of the stores. It's delusional, like everything these people claim.
BS!!! Nice try. They would never tell DMs that. Lol.
Sears Coin coming too. We're going crypto baby!
By the way, I wouldn't trust anything he says going forward.117