Nationwide Says Business Is Booming
On the appliance side, the continued decline of Sears means “the opportunity of a lifetime for our members,” said Bilas. Ten years ago, Sears had 40 percent of the appliance business, he said. It now has just 25 percent.
Said Patrick Maloney, senior vice president of appliances, “Sears is going away, and that business is not going to go to big box stores. It’s going to come to independent dealers.”