Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 01-05-2017, 12:22 PM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: NC
Posts: 16,989
Quote:
Originally Posted by RetiredGypsy View Post
Craftsman has been made in China now for I don't know how many years. Craftsman and the in-store brands of Home Depot and Lowes are all under some mega Chinese manufacturer. Some Stanley I think is under them too. The quality of all have been absolute pit. I mean, a word that rhymes with pit anyway.
Craftsman quality isn't what it used to be (though that's certainly not all Sears fault), the first glaring example I saw was ratchet handles - nowhere near as good as the ones I have. I am just glad I still have all the Craftsman tools my Dad wisely gave me when I was a 20-something (and some I bought myself), most from 40 years ago. Fortunately they will last my lifetime at least if I take care of them, and I do. They're one of my prized possessions!
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 50% equity funds / 30% bond funds / 20% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 01-05-2017, 12:29 PM   #22
Thinks s/he gets paid by the post
 
Join Date: Apr 2010
Posts: 3,961
The smart retailers in our area are moving to smaller footprints and fewer locations. They are beefing up their on line shopping and they use the stores as a one of the ship to options and as a place to return on line purchases.

It makes people more comfortable with on line buys, makes returns much easier, and gets more traffic into the store. I shop on line. DW prefers the store. However, since her favorite store started doing this she is buying more product on line, picks it up at the store and tries it on etc. And while there, she invariably buys something in the store itself.

The Sears stores where I live are terrible. We don't even bother going in. Sears lost the plot a long time ago IMHO.
brett is online now   Reply With Quote
Old 01-05-2017, 12:30 PM   #23
Thinks s/he gets paid by the post
 
Join Date: Jun 2016
Posts: 4,031
Quote:
Originally Posted by RetiredGypsy View Post
Craftsman has been made in China now for I don't know how many years. Craftsman and the in-store brands of Home Depot and Lowes are all under some mega Chinese manufacturer. Some Stanley I think is under them too. The quality of all have been
absolute pit. I mean, a word that rhymes with pit anyway.

I don't see a need to go to retailers for much of anything, with few worthwhile exceptions. I'll go to a place that sells quality shoes at premium prices for great fitting and service. A decade ago that was Red Wing. Not sure who to go to now, but it's time to get some new walking shoes. Same with bicycles. Same with hobby equipment.

I've grown to hate manufacturers making special whatever just for a retailer, often at what I've found to be poorer quality. Read a SKU and it'll have -HD or -WM or -KH on the end to denote Levi or Milwaukee or whoever made a cheaper version of clothes/shoes/tools to sell at a retailer. I'll pay more for better quality at the manufacturer's site, or Amazon, or a specialty store. I'll pay even more at a store for fantastic service and very knowledgeable staff.

Around here, the malls are only crazy packed around major holidays. Meanwhile Ross, Marshalls, Best Buy, outlet malls, TJ Maxx, liquor stores, food courts, electronics and game stores, not to mention Target and Walmart and the big box membership stores, hobby and craft stores, those are the ones with full parking lots.

There are only two retail bookstores in the whole county now. One Sears in a dead mall. Two giant strip malls that are always packed, both in nicer areas of the county, only one of which has any boutique shops.
I could be wrong, but I thought Western Forge in Colorado Springs, Colorado made a lot of the Craftsman hand tools. They used to be one of the biggest OSHA offenders in the state because of injury issues related to the forging of the metal tools.

Edit: just found this link about Western Forge. Not sure about the China manufacturing. http://gazette.com/layoffs-likely-at...rticle/1559839
COcheesehead is offline   Reply With Quote
Old 01-05-2017, 12:31 PM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,401
When I was a teenager the gathering place on Saturday afternoon was "downtown". Later, it became "the mall". While I gravitated to the bookstores, my friends would focus on fashion. Shopping was a social activity. I'm sure that having gone to where the stores were, there was a lot of impulse buying. With online purchases, the social aspect of retail has diminished. I'm not sure how impulse buying has been affected. Specialty stores with bespoke and locally made products will always have a place, I think.

Things best purchased in person IMHO:
Wedding dresses
Organic produce
Shoes

What else?
Meadbh is offline   Reply With Quote
Old 01-05-2017, 12:33 PM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: NC
Posts: 16,989
Quote:
Originally Posted by Marita40 View Post
I look at things I want in mall stores like Macy's and try on clothes. Then I go home and look for the same item for a (typically) lower price online. I don't think I'm alone. The closing of Macy's is a big deal here as at one time it "anchored" main street.
You're not alone, but you realize your showrooming is hastening the demise of "mall stores like Macy's?"
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 50% equity funds / 30% bond funds / 20% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 01-05-2017, 12:43 PM   #26
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 22,621
Quote:
Originally Posted by Midpack View Post
I am always amused when I go to a store for something, they don't have it, and the clerk tells me 'I can order one and have it here next Tuesday.' I can order it myself, and have it deliver to my house, why even go to a retail store?
This just happened to us yesterday. DW wanted a specific type of hanging file folder to set up the 2016 file system (she's meticulously organized) and since we were driving past an OfficeMax store anyway we stopped there. They didn't have it, so I ordered it off their web site, foolishly not shopping elsewhere first. When later I looked at the same product on Amazon, it was almost half the price and free shipping.

Lesson learned. It'll be snowing in Hades before we go back to that OfficeMax store.

The Sears store nearest here closed up ~four years ago and the last time we were in the local mall I wondered how they made enough to keep the lights and heat on, let alone pay employees. I don't expect it to be there much longer.
__________________
I heard the call to do nothing. So I answered it.
Walt34 is offline   Reply With Quote
Retail Store Closings
Old 01-05-2017, 12:47 PM   #27
Thinks s/he gets paid by the post
 
Join Date: May 2008
Posts: 4,235
Retail Store Closings

Where would old people go for a walk in bad weather if we didn't have big malls? :-)


Sent from my iPhone using Early Retirement Forum
tmm99 is online now   Reply With Quote
Old 01-05-2017, 12:55 PM   #28
Full time employment: Posting here.
RetiredGypsy's Avatar
 
Join Date: Mar 2008
Posts: 979
Quote:
Originally Posted by Midpack View Post
Craftsman quality isn't what it used to be (though that's certainly not all Sears fault), the first glaring example I saw was ratchet handles - nowhere near as good as the ones I have. I am just glad I still have all the Craftsman tools my Dad wisely gave me when I was a 20-something (and some I bought myself), most from 40 years ago. Fortunately they will last my lifetime at least if I take care of them, and I do. They're one of my prized possessions!
Oh I'm jealous! I've been scouring swap meets and thrift stores trying to find quality Stanley or Craftsman tools. Most that I've found need some major TLC, which makes me think if I start stripping away rust on screwdrivers and wrenches the tolerances won't be much better than the current made in China stuff. Oh well. I guess in the long run a nice set of German-made tools or Snap Ons wouldn't break the bank.

Quote:
Originally Posted by COcheesehead View Post
I could be wrong, but I thought Western Forge in Colorado Springs, Colorado made a lot of the Craftsman hand tools. They used to be one of the biggest OSHA offenders in the state because of injury issues related to the forging of the metal tools.

Edit: just found this link about Western Forge. Not sure about the China manufacturing. Layoffs likely at Western Forge tool manufacturing plant in Colorado Springs | Colorado Springs Gazette, News
Seems like it's some tools are made in China by Danaher/Apex, some by Western Forge. Seems like Stanley does something of the same depending on what kind of tool you get and where you get it from.

https://en.wikipedia.org/wiki/Craftsman_(tools).

I was thinking of Danaher that makes the Home Depot, Lowes, and Sears tools. Though apparently Craftsman was sold off again in some kind of merger/split to another company.
__________________
I'm free and I like it!
RetiredGypsy is offline   Reply With Quote
Old 01-05-2017, 01:26 PM   #29
Moderator Emeritus
Bestwifeever's Avatar
 
Join Date: Sep 2007
Posts: 17,751
This story about Sears stores is quite moving imo. A reflection of the times as well as the store, but sweet. Sears and me: A debt that's impossible to repay - Chicago Tribune

Quote:
I grew up in New England in abject poverty, with an older brother and a younger sister. ... Even when we were living in what passed for a home, we often had no electricity, no phone and, worst of all in the frigid New England winters, no heat. But many times what we could count on in whatever town we found ourselves living in was a Sears....

At age 10, I was forced into becoming the unofficial head of our family. Soon after that, I remember leading my siblings from our dark and heatless home on a Saturday to the local Sears.

There, it is no exaggeration to say, we found heat, friendly smiles from the staff and a mental and physical lifeline.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
Bestwifeever is offline   Reply With Quote
Old 01-05-2017, 01:45 PM   #30
Moderator Emeritus
Ronstar's Avatar
 
Join Date: Aug 2007
Location: Northern Illinois
Posts: 13,537
I only go to malls a few times a year with DW, never to buy something for myself. I have most of the tools that Sears sells, so I have no reason to go there. I do go to big box home improvement stores about 3 times a week.
Ronstar is offline   Reply With Quote
Old 01-07-2017, 11:49 AM   #31
Recycles dryer sheets
 
Join Date: May 2005
Posts: 443
Craftsmen lifetime warranty tools and Craftsman one year warranty tools are separate manufacturers with the latter made in China. Or so I've been told, haven't researched it myself.
rmark is offline   Reply With Quote
Old 01-07-2017, 12:01 PM   #32
Recycles dryer sheets
 
Join Date: Aug 2013
Posts: 275
I really like online shopping for the best deals. Mostly on Amazon & EBay. If the trend continues with major brand brink-and-mortar stores closing we could potentially see higher prices for online purchases with less competition. If the these major band stores can make the transition to online to compete with the Amazon's then maybe we can still get the great deals. Lets hope this is the case.
bradaz2488 is offline   Reply With Quote
Old 01-07-2017, 12:03 PM   #33
Thinks s/he gets paid by the post
 
Join Date: Jan 2008
Posts: 1,495
Add The Limited to the list:

The Limited is closing all remaining stores by Sunday; all online sales are final | cleveland.com
Options is offline   Reply With Quote
Old 01-07-2017, 12:56 PM   #34
Full time employment: Posting here.
Ronnieboy's Avatar
 
Join Date: Feb 2008
Posts: 741
I can't remember the last time I went into a mall, it might be been to see a movie? It seems the mall closest to me (a few towns south, 15 miles or so) are trying to re-invent themselves with adding restaurants, off shoot buildings that have business tenants in the bottom and condo's above (this type of setup is relatively new to our area), etc. etc.

One of my biggest concerns is how is this going to affect my REIT?
__________________
I don't want to spend my entire life at work. I deserve more. - Want2retire aka W2R
Ronnieboy is offline   Reply With Quote
Old 01-07-2017, 01:06 PM   #35
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: NC
Posts: 16,989
We rarely go to malls anymore, we don't "shop" anymore, and if we can't get something online, there are better brick-n-mortar choices than malls near us.

At least where we are, they've become hangouts for teens, many with no spending money. Not a place I want to spend my time. And the mall stores near us have gotten pretty junky IME, Spencer's Gifts, junk food, teen clothes and also ran department stores. YMMV

The only department store we still go to occasionally is Nordstrom. They seem to actually know their merchandise, so if I want/need help - I will pay the premium at Nordstom (no showrooming here).
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 50% equity funds / 30% bond funds / 20% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 01-07-2017, 01:16 PM   #36
Recycles dryer sheets
 
Join Date: Oct 2011
Location: Upstate Ruralia
Posts: 349
Regarding Sears (old brick and mortar) and Amazon(point and click)....

Take a look on eBay at Sears Catalogs for a little trip down memory lane......Before point and click, glossy pages by the hundreds in a catalog 2-3" thick, all kinds of items...

Check out the "sold" listings!!!! It appears those Sears items are still selling well!!!!

I remember not TOO long ago, still getting the smaller Sears or Penney's catalogs in the mail...of course that's over now too....

I knew someone who used to hold on to catalogs and magazines that he thought "would be valuable" some day....I was wise and ridiculed him....Wonder if he's on Ebay??
Lcountz is offline   Reply With Quote
Old 01-07-2017, 01:26 PM   #37
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 22,621
Quote:
Originally Posted by Lcountz View Post
I remember not TOO long ago, still getting the smaller Sears or Penney's catalogs in the mail...of course that's over now too....
Indeed, I remember drooling over the Sears tool catalog, wishing I had the wherewithal to buy "one of everything".

Not sure what I would have actually done with all that stuff, but I wanted it!
__________________
I heard the call to do nothing. So I answered it.
Walt34 is offline   Reply With Quote
Old 01-07-2017, 01:35 PM   #38
Recycles dryer sheets
 
Join Date: Aug 2013
Posts: 275
Quote:
Originally Posted by Walt34 View Post
Indeed, I remember drooling over the Sears tool catalog, wishing I had the wherewithal to buy "one of everything".

Not sure what I would have actually done with all that stuff, but I wanted it!
Yep, brings back good old memories of marking the pages in the toy section for Santa Claus when we were kids
bradaz2488 is offline   Reply With Quote
Old 01-07-2017, 04:25 PM   #39
Moderator Emeritus
Ronstar's Avatar
 
Join Date: Aug 2007
Location: Northern Illinois
Posts: 13,537
Just went to Sears looking for a garage wall cabinet. Hardly anyone there. And it looked like merchandise had been cleared out. Kinda like the store had been closed but they didn't tell anyone. I found the cabinet I wanted cheaper on amazon, so I ordered it from them. It's a shame because I like Sears.
Ronstar is offline   Reply With Quote
Old 01-07-2017, 05:00 PM   #40
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Teacher Terry's Avatar
 
Join Date: Jun 2014
Posts: 5,354
I rarely go into a store. I know what size/style/brand of shoes I wear so buy those online. That is by necessity as I need to drive 3 hours to find my size in a store. It is so easy to compare prices online and get the best deal. I even buy most my clothes online. If they don't fit I return them to the store. I only buy clothes from a business that has a physical store in our town to make returns easy. I don't buy many clothes anymore. My sister who is 70 only shops in person.
Teacher Terry is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Who brought a check to both Home Closings? Yankees Rule FIRE and Money 4 11-02-2008 05:32 AM
Are retail bond investors retarded? brewer12345 FIRE and Money 10 09-19-2005 02:14 PM
Base closings and investment potential Caroline FIRE and Money 14 08-27-2005 02:01 PM

» Quick Links

 
All times are GMT -6. The time now is 09:39 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.