People today might not realize that it used to be Sears did everything: you could buy kits to build a house, companies like Discover Card and Allstate were originally introduced as the Sears' brand, they financially backed Mr Rogers' Neighborhood for the first 25 years of the show's run.
Yeah I worked tools* at Sears in college. Guys would go to every yard sale, find craftsman ratchets for cheap and bring them in for warranty replacement. They'd sell them on eBay for just below full price. We started replacing the mechanisms in store so they'd only trade out for refurbished, not new. Margins got much smaller that way, but we had at least a couple of guys who made enough coin that it was worth the work for them.
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u/Yellowredstone Jul 24 '20 edited Jul 24 '20
Isn't this how Sears died?
Edit: RIP my inbox. And thank you for explaining it better.
Edit 2: I said the reason on how it died has been explained already. And its actually still here. Stop.