or Connect
Styleforum › Forums › Men's Style › Classic Menswear › A Sears that could be called Upscale....
New Posts  All Forums:Forum Nav:

A Sears that could be called Upscale.... - Page 2

post #16 of 29
Thread Starter 
Might as well stick to your "political" (he he) posts, RJman. You may come off at least slightly brighter. Or play with your poor cat.
post #17 of 29
Quote:
Originally Posted by Bradford View Post
I was under the impression that Canadian Sears is a completely different company than U.S. Sears.
Yes and no. Sears holdings owns three quarters or so of the stock in Sears Canada. There has been quite a bit of controversey over the attempt to buy the rest of it.
post #18 of 29
I know in Vancouver they bought out the old Eaton in Pacific Center, their stuff definately a bit more upscale than say.. the Bay and most mall brands... but still not close to holt renfrew type yet.
post #19 of 29
Sears Canda is run differently than Sears US. Its really a lot more of a licensing deal. Plus, they simply have a different market share than the US stores do. You wouldnt even recognize the two stores side by side. Sears Canada is very much like a Macy's and in my humble opinion (2.5 years in Canada doing retail reseach) is a much nicer store than HBC (errr Lord and Taylor North - hope that helps them). Of course that was like 4 years ago ( I miss canada), so who knows!
post #20 of 29
Quote:
Originally Posted by RJman
What other world-class designers did you see there? Sergio Georgini?
Massimo
post #21 of 29
Quote:
Originally Posted by iammatt View Post
Yes and no. Sears holdings owns three quarters or so of the stock in Sears Canada. There has been quite a bit of controversey over the attempt to buy the rest of it.

Yup, a very interesting corporate governance case and battle between the Eddie Lampert and the hedgies

Sears in Canada was initially a joint venture b/w Sears Roebuck and Simpson's in Canada so they've always had a very different retail approach. The current downtown Sears stores are the old Eaton's stores they took over in 2001. They are much nicer than suburban Sears and not representative of the rest of the chain.
post #22 of 29
Please don't let this forum turn into into Ask Cruiser About Clothes.
post #23 of 29
Quote:
Originally Posted by edmorel View Post
Please don't let this forum turn into into Ask Cruiser About Clothes.
Those Stafford suits are a steal.
post #24 of 29
Quote:
Originally Posted by edmorel View Post
Please don't let this forum turn into into Ask Cruiser About Clothes.

+1, lock the thread now!
post #25 of 29
Quote:
Originally Posted by RJman View Post
What other world-class designers did you see there?
Sergio Georgini?

Mantoni.
post #26 of 29
When Sears opened under the "new" eatons name to try and grab a part of the demographic they weren't getting as Sears, they managed to have a somewhat decent selection of fashion labels...nothing spectacular...you could buy things like a Strelson suit or a Ted Baker shirt, Boss underwear...stuff like that). They also had massive floor staff, concierge, personal shoppers, spa, in-store Starbucks, even people to carry your purchases to your car (and that's just the menswear floor). Somewhat modeled on Nordstrom. They spent $100 million just redecorating the store.

As soon as they stuck the Sears name back on, most better labels took a hike. I don't know...I've never been in there since it went back to being Sears, so I don't know how different it is.

But the TEC Sears will remain an anomaly. For one, it's just so big...this store was originally over one million sqft (2 of the below ground levels reverted back to the mall, and the top floor was converted to Sears offices). Still, the largest Sears in the world is not in a suburban mall or big box location...it's right in the heart of downtown.

Why would they do that? Simple...sweetheart deal. As per Eaton's old deal with the mall, as of 2007, the rent for the store goes to $1 per year (per square foot)...and stays that way until 2057. So basically, they have near free rent, in a mall with one million visitors a week, with a subway station emptying customers directly into the store. The cosmetics floor alone (one of if not the largest in the world) will make them a ton of money.

As soul-shattering as Sears is, they will never leave.
post #27 of 29
Sears is about as upscale as JCPenny's or Dillards.


----------------
Listening to: The Shins - Girl Sailor
via FoxyTunes
post #28 of 29
I thought it was a way better store when it was still Eatons. I think I have only been in the store 2 or 3 times since it became Sears, but it's not the same. I was just thinking the other day how much I miss Eatons.
post #29 of 29
Thread Starter 
Tarmac - Kindly name whom you consider "world-class designers" for comment....
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Classic Menswear
Styleforum › Forums › Men's Style › Classic Menswear › A Sears that could be called Upscale....