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Bamma Boosters: Struggle Thieves Lift Clearance Rack Swag At Sears Hilltop, Twitter Got Jokes

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Sears

Source: Smith Collection/Gado / Getty

Forgive us for saying this, but we weren’t aware that Sears was still a thing but apparently a location of the longtime department store still exists. The store’s name is trending after a video of thieves making out with armfuls of stolen goods went viral, and Twitter has been raining jokes down since the footage went public.

From our presumed observation, the theft took place at a Sears at Hilltop Mall in Richmond, Calif. in the state’s northern section. In the clip, the two thieves can be seen running and setting off the store’s security system. One man in a green hoodie is almost stopped by a foolish hero but handed out a mini-fade and edge-up before picking up what he dropped and kept it moving.

Folks on Twitter have been heaping monumental slander on the Bamma Boosters for stealing the finest in uncle and auntie fits to go along with their fresh chunky sole dad sneakers and after-market wedges. Seriously folks, never try to stop a thief because these stores have loss protection measures built into their budget. Trying to stop someone over $200 of clearance rack fashion is not the move.

You can peep all the epic slander below.

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Photo: Getty

Source: HipHopWired.com

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Sign O’ The Times: Sears On Life Support, Files For Chapter 11 Bankruptcy

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Sears lines up emergency financing due to potential bankruptcy

Source: VIEW press / Getty

Before there was Amazon, there was Sears, which was the blueprint for the business model Jeff Bezos is benefitting greatly from. Ironically, the iconic retail chain is now on life support thanks to the booming E-commerce business it paved the way for.

Sears has entered voluntary Chapter 11 bankruptcy proceedings after a decade of struggling. To reduce its debt, the US retailer plans to close up to 150 stores with the hope that move will help the company make it through the holiday season. The company has been dying a slow death since 2013 losing roughly around $5.8 billion after closing 1,000 stores.

Founded in 1892, Sears was best known for selling merchandise through its catalogs sent out throughout the country via the US postal system. The company was at its peak in the 1990s until Target, Walmart and other companies sprouted offering stiff competition. Hedge fund manager Edward Lampert bought the company in 2004 and merged it with K-Mart and under his guidance saw a $1.5 billion profit in 2015 but it was all downhill since then.

Speaking on the decision, Lampert said in a statement:

“The Chapter 11 process will give [Sears] the flexibility to strengthen its balance sheet … continue right-sizing its operating model, and return to profitability,”

Lampert is hoping for a huge turnaround, but recently we saw that is a huge undertaking just ask Toys “R” Us who tried unsuccessfully to reorganize but wound up laying off its all of its employees. Sears currently employs 68,000 people so we hope the retail giant can find a way to stay afloat for them. 100,000 people receive pensions from the company, and they are also could be affected but could be protected by regulators.

Unfortunately, more layoffs and store closes are more than likely going to happen and continue the trend of traditional walk-in retail becoming a thing of the past.

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Photo: VIEW press / Getty

 

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