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To: EBH

They’re are going the way of Montgomery Wards.


4 posted on 01/22/2014 2:01:37 PM PST by SandRat (Duty - Honor - Country! What else needs said?)
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To: SandRat

Companies come, companies go. Adapt or Die.


14 posted on 01/22/2014 2:12:42 PM PST by dfwgator
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To: SandRat

The great irony being that Sears and Roebuck started as a mail order business, quickly becoming the Amazon of its day, with Montgomery Ward following suit.

In the mid to late sixties, when the enclosed shopping malls became the model, mall developers wooed the big department stores as the anchors, counting on that customer draw to feed the smaller. retail tenants. At one time the A&E firm I worked for designed these anchor store shells and cores. Base line time frame was ninety days or less from signing of contract to core and shell construction completion. By the early seventies the market saturation point had been reached and our company of four hundred was history. I had seen it coming and left six months before the collapse. The Macy’s, Gimbels, Sears, and Federated Stores were all over extended at that time and had been limping along since. A herd of aging and weakened elephants on a slow trek to oblivion.


59 posted on 01/22/2014 4:23:44 PM PST by Covenantor ("Men are ruled...by liars who refuse them news, and by fools who cannot govern." Chesterton)
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