The Epitaph is already being written by some in the media ...Who or what killed Sears ?

https://www.smithsonianmag.com/history/rise-and-fall-sears-180964181/

I really think proper management and compitent buyers who had a pulse on what people wanted could have bought this company into the new world of web driven retail...providing consumers with what they want and a choice of in store or home delivery...But years of bait and switch accusations and thinkg like hard sell protection agreements or other pushy tactics put it in a position for a hatch man like Lambert to acquire it and slowly skin it for his own gain. The cancer goes way back.

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Sears has been run like the federal government for years. Too many departments, too many employees doing the same thing, too many people making rules, policies and procedures and decisions to justify their jobs, too many people making too much money, too many people not knowing what the other people are doing, too many meetings/conference calls, too much money spent on useless or soon to be scraped projects.......

Actually the tipping point goes back to the "Sears Has Everything" days , late 70s.

Bloated and overbuilt, it ventured into many businesses only to back out of them .

Dean Witter? Coldwell Banker? Allstate? All were sold off when a huge debt load became too much to shoulder.

The company has been selling off bits and pieces ever since.

The whole company was loaded with red tape , kickbacks, nepotism, redundancy, and just plain dumb decisions way back before Eddie was even involved . For every dollar taken in , net profit was less than 3 cents. Think about that.

When the big money stopped flowing in, the problems couldn't be hidden anymore

Thread regarding Sears layoffs

The Epitaph is already being written by some in the media ...Who or what killed Sears ?

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