Sears, Kmart Discontinue Online Sales Of 31 Trump Home Items

Tyler Durden's picture

The latest retailer to join the "anti-Trump resistance", is also the one which despite being closest to death managed to crush short sellers on Friday after its stock soared on the announcement of yet another hail ymary restructuring: according to Reuters, Sears and Kmart are discontinuing online sales of 31 Trump Home items.

An obvious publicity stunt meant to distract the public's attention from the company's chronic woes while hopefully attracting at least some of its discretionary dollars, Sears and subsidiary Kmart disclosed their decision on Saturday, saying it was "part of a push to focus their online business on the most profitable items." Of course, considering that Sears' Q4 losses rose 16% to $635 million, one would be curious to learn just what those "most profitable" items are.

Neither Sears nor Kmart carried the Trump Home products in their retail stores, a Sears Holdings Corp spokesman said, which is why one wonders just how much of this decision was margin based, and how much, marketing.

"As part of the company’s initiative to optimize its online product assortment, we constantly refine that assortment to focus on our most profitable items," spokesman Brian Hanover said in a statement. "Amid that streamlining effort, 31 Trump Home items were among the items removed online this week," he said, adding those items can be found through a third-party vendor, without providing additional information about the products.

The Trump Home collection includes lines of furniture, bedding and lighting, often from makers that supply Trump hotels, according to the collection's website.

In any case, the Trump "retail" image certainly suffered this past week, highlighted by Nordstrom's decision to stop carrying Ivanka Trump's products. The Wall Street Journal reported on Saturday that Nordstrom sales of Ivanka Trump's brand had dropped sharply before the retailer discontinued sales this week. Citing company data, WSJ reported that sales of Ivanka Trump's fashion line were off 26% year-over-year in January and fell as much as 70% in the weeks before the election.

The developments were the latest in a week of controversy swirling around commercial activity connected to the Trump name. And the moves may be a rare sign of companies taking calculated risks in making business decisions that might invite criticism from President Donald Trump's Twitter account: Nordstrom's stock soared the most in a year on the day of its twitter spat with the president because clearly there is no better publicity than being prominently named in Trump's timeline.

Neil Stern, a retail consultant for McMillan Doolittle, said Nordstrom may have felt insulated given its stores tend to be located in cities and affluent suburbs, which tend to tack Democratic. “If there is a political blowback they will survive it given where there stores are,” he said. Meanwhile, for Sears, which last month announced plans to close 150 stores, any publicity that draws attention away from the retailer's financial struggles is welcome, Stern added.

Elsewhere, on Friday three athletes sponsored by Under Armour took to social media to distance themselves from comments by the company's chief executive, Kevin Plank, in support of Trump.

Adding to Trump's retail troubles, earlier in the week, a congressional committee said it was seeking a review into whether senior White House adviser Kellyanne Conway had violated ethics rules by using her position to promote Ivanka Trump's product lines. Prior to Conway's comments, Donald Trump used Twitter to defend his daughter in the wake of Nordstrom's decision to discontinue her product line. White House spokesman Sean Spicer characterized the Nordstrom move as a "direct attack" on the president's policies.

Nordstrom, in announcing the discontinuation of Ivanka Trump's line last week, said sales had "steadily declined to the point where it didn’t make good business sense" to continue selling the products.

Finally, for those curious which retailers are or are not still selling the Ivanka Trump brand, here it is courtesy of Bloomberg:

  • Feb. 9 - Belk: Belk says it dropped Ivanka Trump from its online shop and most stores, but still offers the brand in its three flagship locations, according to AL.com.
  • Feb. 8 – Nordstrom: President Trump lashes out at Nordstrom for dropping Ivanka Trump’s fashion line, calling the decision “terrible” and unfair to his daughter.
  • Feb. 8 – TJ Maxx: TJ Maxx tells employees to get rid of all Ivanka Trump signage in its stores, according to a report by the New York Times.
  • Feb. 7 – ShopStyle: Online fashion seller ShopStyle says in a statement that it removed Ivanka Trump’s line from its database because of a “decline in demand,” BuzzFeed reported.
  • Feb. 6 – Jet.com: Online retailer Jet appears to drop Ivanka Trump’s products from its website, according to a report from Mic
  • Feb. 6 – Belk: Ivanka Trump items disappear from Belk’s website, according to Racked. The department store said in a statement that it made adjustments to its assortment “as part of our normal course of business operations.”
  • Feb. 5 – Macy's: Macy’s falls under increased pressure from customers and employees to stop selling Ivanka Trump products.
  • Feb 3. – Neiman Marcus: Ivanka Trump jewelry vanishes from the Neiman Marcus website. The company acknowledges in a statement that it has a “very small” Ivanka Trump consignment business that’s assessed by productivity.
  • Feb. 2 – Nordstrom: Nordstrom confirms that it will stop selling the Ivanka Trump brand, citing poor sales.

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J S Bach's picture

Add 'em to the boycott list.  Their days are numbered anyway.  Why not hasten their demise?

Or... when their stock reaches .05¢, one of the Trump kids can buy them out and turn them into pro-Trump facilities.  Their business will probably soar after that.

boattrash's picture

It's really fortunate for the Trump Co. Now they won't have to worry about getting stiffed when the bankruptcy letter is mailed out.

El Oregonian's picture

Put a fork in them. Both Sears and Kmart are done... Let the financial bleeding commence in earnest.

boattrash's picture

Yep, I give it 18 Mos (at the longest) before we read the bankruptcy headline. Funny how those laws work though, remember when K-Mart went bankrupt? They never closed the doors in my town, but instead, they had a boom truck swing a new sign that said Big-K...WTF?

FreezeThese's picture
FreezeThese (not verified) boattrash Feb 12, 2017 10:27 AM

Get First Mistress Kellyanne Conway on an infomercial stat!!

Shocker's picture

Again, companies getting involved in politics is never a good idea.

Companies that actually want to hire - http://www.dailyjobfix.com

-

CheapBastard's picture

Fake News by the two reporters Herskovitz (fanatically left Austin) and Schechtman (another leftie from NYC) seeking to make something out of nothing

 

 

Defections by Sears, Kmart cap week of controversy for Trump brands

'Neither Sears nor Kmart carried the Trump Home products in their retail stores, a Sears Holdings Corp spokesman said.' If they dont carry it then why even mention it? Online maybe? Big deal, that stuff is usually drop-shipped from a third party. Stupid story about a company dissing Trump. Since when is that news?

https://www.yahoo.com/news/sears-kmart-drop-31-trump-home-items-online-182522999--finance.html#comments

 

 

 

Manthong's picture

Boy I am glad they sold Craftsman because I would hate to throw all those tools out.

Never Sears again.

Boy, are they freaking idiots.. likely more than half their customer base are traditional and conservative.

Can you imagine millennials shopping at Sears?

Like Nordstrom and others they can discontinue anything they want but they do not have to publicize it so.

My power tools have been trending DeWalt, Bosch and Ryobi for the last decade or so.

techpriest's picture

My guess is that the Left is more organized and put on a lot more pressure than the Right.

Son of Loki's picture

They have had years of organizing and now we see them joined with the neocons. What strange bedfellows but either one---the fanatic left or the fanatic necons---are alone enough to be a serious threat to democracy in America.

Add billionaires like soros who vow to destroy America and the radical left media  and it becomes very difficult to drain the swamp.

MarkD's picture

Wonder when the Donald or Ivanka will have their stuff made in the USA?

oooops..... that would cut into profits now wouldn't

Edit: Or at least not have his Home stuff made by muslims. Trumpsters just don't see it yet.

YouJustMadeTheList's picture
YouJustMadeTheList (not verified) MarkD Feb 12, 2017 2:12 PM

"K-Mart sucks"

~Rain Man

boattrash's picture

"Can you imagine millennials shopping at Sears?"

Nope, mellinnials aren't buying many tools, that's why I'm considering opening a store selling bongs and dildos...

glenlloyd's picture

Who the hell cares about what Kmart or Sears says anyway, they're headed toward the dustbin of American retailing, unable to adapt to the changing world. Has anyone been in a Kmart recently? Talk about competition problems, shits way overpriced there compared to even supermarket.

I don't personally have a bias against them but they just can't compete anymore and they'll both be in and out of bankruptcy multiple times before finally being put out of their misery.

Unfortunate, they hired people who failed to see what the landscape of the future looked like and although their execs are I'm sure expensive to retain they were dumb enough to go down that road.

It's just like the JCP exec who almost took the company down in a single quarter.

Besides, if anything these kinds of political decisions are going to sink Kmart and Sears even faster than before. If they wanted to encourage more sales should have boosted Ivanka product lines and featured them front and center, might actually generate more foot traffic than banning them.

TwelveOhOne's picture

LOL because those are also tools.

boattrash's picture

LOL, I guess you're right, as long as getting stoned and fucking ones self is "work".

Fatboy777's picture

The only thing that ugly bitch should be hawking for her master trump is a facelift!

Never One Roach's picture

People forget the reasons these stores are all going bankrupt is becuase of 8 years of Obama's disastrous socialist economist policies.

Obama destroyed the middle class and the entire retail and energy sector with his failed plans.

FreezeThese's picture
FreezeThese (not verified) Never One Roach Feb 12, 2017 6:03 PM

Oil doubles of low, stocks finish at record highs, unemployment sub 5% all after another GOP induced recession ... and Trump supporters go-to rebuttal for a n y criticism is it's "his fault"

caconhma's picture

This is exactly how free-market operates, that is, they do what is good for their bottomline.

These companies are not getting taxpayers money. Therefore, they are free to exercise their business freedom. I wish ALL businesses do the same.

I salut them!

As for SEARS, this wonderful American company has been destroyed by the WallStreet financial mafia who destroyed many other good company thinking that they can run successfully real businesses as well as they destroyed the American society!

 

PS

When Trump will leave the White House, I predict, he will be a broke man.

boattrash's picture

Yep, they do what's good for their bottom line (aka shareholders) such as buying Chinese crap, and reselling it at pricing that is equal to quality goods. Don't trick yourself into believing that what we see and live with today is "free market" though.

CheapBastard's picture

They never sold her clothing to begin with so it's more Fake News simply part of the Fanatical Left to smear our new president.

Son of Loki's picture

It's simply more disinformation and fake news from the radical left sedition news groups.

chimchim's picture

B.S. They're done due to poor marketing and bad management.
They target the lowest poorest consumers.
My parents insisted we (7 in all) wear sears jeans and shoes etc.
50+ years ago, hated it. It's only gotten worse with time.

golden kafir's picture

If a woman gets all trailer park emotional, my friend says "she went all k-mart on him".

Allen_H's picture

Or you could try: She beat him six ways from k-mart.

CoastalCowboy's picture

As can I exercise my right to not patronize any of these companies.

I never allow my politics to enter into my company. It's very poor business practice.

At least bone-headed PC moves like this will kill off Lampert's walking dead SHLD that much more quickly.

onewayticket2's picture

This is making my shopping a whole lot simpler.  Thanks to these companies, I know NOT to shop on their sites.

NoPension's picture

Now where am I supposed to get my Trump boxer shorts?

johngaltfla's picture

If you're a manufacturer of any type, you should thank K-Mart and Sears for dropping you. Those stores are going Buh-Bye anyways.

Chris Dakota's picture
Chris Dakota (not verified) johngaltfla Feb 12, 2017 10:43 AM

The largest dam in America is failing, and nobody is talking about it.

Oroville, CA the dam is 50 ft higher than Hoover Dam.

Right now 3 times more water than Niagara falls is going over the spillway and emergency spill way.

Jim Stone thinks it was sabotage, blown up hole in the spillway. Engineers can't figure out how this happened.

The hole is massive, 200ft deep 100 ft wide.

Stone thinks the California commies want to use this to impeach Trump, they want the dam to fail.

Oh yeah, this was built during Edmond Browns term as gov, Jerry Browns father.

Jerry Brown still says we are in a drought.

Lake Oroville is a massive lake, if the dam fails Sacramento will be flooded totally.

and this is not news...sheesh.

http://82.221.129.208/baasepagew5.html

sheikurbootie's picture

It's California, no one else gives a flying fuck about California.  Let it flood, burn, quake, whatever...the rest of America views them as a Mexican sub-state filled with liberal assholes.  And yes, I've lived, worked and traveled Cali.   I didn't like anything about it.  It's a fucked up place. Californian's liberal created a parasitic utopia, let them die with it.

Sorry, it's the truth.  Same goes for NYC.

 

Chris Dakota's picture
Chris Dakota (not verified) sheikurbootie Feb 12, 2017 11:10 AM

The truth is you have been sending your undesirables here for decades.

They come here from the Midwest, South because they are freaks.

California gay state legislature Mark Leno

Leno is the grandson of Russian Jewish immigrants. A native of Milwaukee, Wisconsin.

Tom Ammiano grew up in Montclair, New Jersey, a gay California State Legislature.

should I go on?

Because I could go on and on and on.

Levi Strauss?

PacOps's picture

WWII saw the Bay Area as the major deployment, supply, and discharge processing facilities for the Pacific. Significant numbers of the soldiers who had little or nothing to return to or contribute back "home" just stayed.

Been going downhill ever since.

http://www.militarymuseum.org/CpStoneman.html

Chris Dakota's picture
Chris Dakota (not verified) PacOps Feb 12, 2017 11:32 AM

They flushed gays out of the military and dropped them off on Treasure Island, so they came to SF and never left.

Chris Dakota's picture
Chris Dakota (not verified) PacOps Feb 12, 2017 12:34 PM

Plus Hollywood and the Jews that ran there with the stolen moving picture camera to be far away.

n 1892, William Kennedy Laurie Dickson, with a little assistance from Thomas Edison, invented the Kinetoscope. [*1] [*2] It was an early device for projecting movies. Thomas Edison's laboratories also developed the Kinetograph, another early device in motion pictures used to record film. [*3] W.K.L. Dickson never received recognition for his essential contributions to film production, with Edison claiming himself as the inventor when he played an inessential role. [*4] This was not unusual for Edison. For instance, he once commissioned Nikola Tesla to design and perfect the modern, automobile engine, promising him $50,000 compensation. Instead, when he completed this task, the great Russian inventor Tesla was only offered a $25 weekly raise. [*5] [*6] [*7]

     Thomas Edison received his patent on the picture camera and film on August of 1897. [*8] Only a few years after 1900, Thomas Edison became the dominant owner of patents necessary to cameras and film production. [*9] By 1901, Edison had filed 23 lawsuits for infringement of his patents against unlicensed filmmakers. [*10]

     In 1907, the highest courts of the US finally recognized Thomas Edison's patents over equipment in filming and the camera. This single act declared that virtually every single camera in use was in violation of Thomas Edison's patents. [*11] Until this ruling, Edison only had the patent, but was unable to obtain a ruling in his favor against pirates who were using his film technology without paying royalties. Many companies were refusing to pay royalties to Thomas Edison's system of patents, including those that would become Paramount, Fox Twentieth Century, Warner Bros., and Universal Studios.

Hollywood was a small community in 1870 and was incorporated as a municipality in 1903.[3][4] It was consolidated with the city of Los Angeles in 1910, and soon thereafter a prominent film industry emerged, eventually becoming the most recognizable film industry in the world.

Before that in 1885 George Patton was born in San Gabriel CA. We have been invaded over and over again.

johngaltfla's picture

California is a giant fucking shitstain on our nation. Just secede so we can create more jobs and build a bigger wall along the AZ-NV border also to help Make America Great Again.

punishmentnotrevenge's picture

Best post of the thread AWARD! LOL.

Allen_H's picture

They both terrorist jew infested hell holes, run by izraHELL.

CheapBastard's picture
Sears is on the brink of catastrophe as stores closures loom and top execs flee the company


https://www.aol.com/article/finance/2016/12/05/sears-is-on-the-brink-of-...

Evidently these two Libtard reporters conveniently forgot to mention this............................lol

Allen_H's picture

The rats are jumping ship, it is sinking and there is no food left on board, hahaha. But they make sure they rub their faces in shit on the way out.

Son of Loki's picture

Lat time I was in Sears the store smelled modly and the floors/carpets were filthy. Never stepped foo tin there again.

I would not buy any more stuff from sears because they will not be aorund in a few months to a year and you then have to fight with your credit card company or the manufacturer if something goes bad which it will since the past few years their stuff has plunged in quality.

Who ever knew that Bangladesh made table saws?

Allen_H's picture

Bangladesh table saw ? Could be dangerous. I would not risk my hands on that, a person would have to be fucking mental to use that. Who knows what kind of motor is in it. Table might be made of tin foil.

markar's picture

Flooding Sacramento and washing away all the libtard politicians ruining this state is not a bad thing.

Lorca's Novena's picture

Theres a LOT of moisture in the mountains and hills... Everything is at max capacity, however sabotage wouldnt surprise me. What ever happened to that methane leak that was covered up?

boattrash's picture

"Currently, water is gushing down the spillway at 65,000 cubic feet per second, while inflow to the reservoir is roughly double that at 130,000 cfs, according to DWR Senior Engineer Kevin Dossey. "

I've watched my little dam on the Arkansas River flow well in excess of 300,000 cubic feet per second. Maybe AR and CA can work out a trade deal some day, as we would love to regain some of the wealth that has been stolen by Cali's bat-shit Govt policies.

kochevnik's picture

>and this is not news...sheesh.

It is only news when they can blame Russia

NoPension's picture

It's not the dam, damn it.

It's the spillway. As the water rises behind the dam ( which is fine and not affected in the least) , it's released. At this dam, the water is released over/onto a spillway. It looks like a giant concrete sliding board.
To me, I'd say it's 150' wide, and looks to be about a 1/4 mile long. With concrete sides, maybe 10'high. Water got under a section of concrete, and started doing what water does. Eroding.
Adjacent to this formal concrete spillway, is the emergency/ overflow spillway. It's basically a hill. They are diverting the water over the emergency spillway. I suppose they have gates to close off the main spillway.
Obviously, the concern is all the rain. And hillside erosion of the emergency spillway.
It's going to be a trick to fix this. $110-200 million is estimated. But I've not seen anything that says any of this puts the dam in danger.
https://www.google.com/imgres?imgurl=http%3A%2F%2Fwww.sacbee.com%2Fnews%...

Not an engineer, but I did stay in a Holiday Inn last night.