I know you arent supposed to talk about the actual topic here, but-
I blame mismanagement.
Costco has a chain of tire centers, something like 500 of em.
And they do basically the same thing as the Sears stores did.
they are doing great.
Of course, they pay their employees better, carry better brands, and fill your tires with nitrogen, too.
I tend to be more of the opinion that hedge funds sucked sears dry, not that the failure tells us anything about running a profitable business in 2022.
Walmart has similar auto centers, I presume they're doing OK too. They've had some of the same shortages during the last couple years as other places due to the disruption from Covid. These Are the Walmart Stores That Have Closed Because of COVID
I suspect it wasn't just bleeding dry by management, there could have been some "consumer influence" where bad news causes people to shy away and look for other outlets to get work done or buy tires, and that contributes to drops in sales, etc.