Sears Holdings Corp. (NASDAQ:SHLD) has always been in the news for the woes it has inflicted upon itself. Since day one, it has been drenched in losses. It has been trying to stay afloat by closing down its stores to avoid further losses. It’s run by a hedge fund, which knows nothing about the retail business. It was formed by two malfunctioning retail companies. It was expected that nothing good was going to come out of it. Still it’s afloat, though in murky waters.
J.C Penny (NYSE:JCP) will also be closing down some stores, but not as many as Sears (NASDAQ:SHLD). The holiday season will be a blessing for the successful retailers, but for Sears (NASDAQ:SHLD), it will be a disastrous epoch because Sears (NASDAQ:SHLD) will be neglected completely. Who would want to buy from a retailer that is faltering? RadioShack wanted to close 1,100 stores, but the creditors are not supporting the move.
Sears (NASDAQ:SHLD) will be getting rid of 235 stores, and that won’t be enough to slow down its downfall. The decision was made to save itself from total demolition. But the truth is that the company faces tough competition from rivals such as Walmart (NYSE:WMT), Target Corp (NYSE:TGT) and the mighty Amazon (NASDAQ:AMZN). All of these retailers live in the shadow of Amazon (NASDAQ:AMZN), except that Sears (NASDAQ:SHLD) is amongst those hitting the rock bottom. It’s being eclipsed by rivals in almost every area. Sears Holdings Corp. (NASDAQ:SHLD) will look to move its locations to real estate investment trust fund to save some money for itself but doom is imminent.
Sears Holdings Corp. (NASDAQ:SHLD) lost a whopping 548 million in the last quarter, slipping by 1.1 billion to 7.1 billion. Sears (NASDAQ:SHLD) is drenched in debt that is in billions which obviously it won’t be able to pay back. The only way we see it is that Sears (NASDAQ:SHLD) will end up selling all its stores and at the end file for bankruptcy.
Sears Holdings Corp. (NASDAQ:SHLD) will have to restructure the whole operation from scratch because the holiday season will turn out disappointing. Shareholders will go running, dumping the stock for nickels and dimes. The stock price will hit rock bottom and Sears Holdings Corp. (NASDAQ:SHLD) will be forced to forfeit the game totally. The only way out can be perhaps the trust funds. Sears Holdings Corp. (NASDAQ:SHLD) might stuff the money from the closed stores into trust funds. If that works out, perhaps there is a chance Sears Holdings Corp. (NASDAQ:SHLD) might see the light of the day in future.
Analysts ran the numbers down for Sears (NASDAQ:SHLD) and they didn’t look too good. In fact, rumors are afloat around that Sears Holdings Corp. (NASDAQ:SHLD) is done for good, that it will be totally overshadowed by the rivals in about a couple of years. We don’t know what strategy Sears Holdings Corp. (NASDAQ:SHLD) is employing to fight the pull of the quick sand but we’d suggest it devise a strategy if it hasn’t already.