Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Yossarian

Eddie Lampert, Sears

- Treated Sears like an asset collection to be sold off;
- failed to invest in updating stores;
- missed out on eCommerce trend;
- (me, not the video) forced Sears to do deals that benefitted Lampert personally
_______________________

From the beginning his intention was to make the schemes most money by selling Sears n KMart stores to property developers. Who would raze the store to build something more lucrative. Condos, offices whatever.

Looks like fast Eddie failed on this front.


60 posted on 11/06/2025 10:51:27 AM PST by dennisw (There is no limit to human stupidity )
[ Post Reply | Private Reply | To 58 | View Replies ]


To: dennisw

Sears should have been Amazon.


61 posted on 11/06/2025 10:51:54 AM PST by dfwgator ("I am Charlie Kirk!")
[ Post Reply | Private Reply | To 60 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson