Sears Canada Inc SRSCQ

RE:penny stock by the end of the year

[kijiji]

unless sears radically changes into some kind of discount store like wamart they dont have a chance.  The customers who shopped at large department stores are dying off,,  The remaining ones appear to  prefer upscale.  Sears doesnt know what it wants to be.  They arent special in any way now.  They owned appliance sales but EVERYONE sells appliances.  They had great tools but now quality is down and selection gone in many stores.  They try to tell you the clothes are worth paying a bit more for but it comes from same factory as discount stores.  They are top heavy with layers of managers who spend all day sending emails to each other and harassing front line workers to pressure customers for credit card applications... That leads to annoyed customers and staff that is grumpy and quit more often.    The only play here is to try and pick a bottom for the next jump when they find something worth selling again.   Not much left.