To: budj
The cause is simple: BAD MANAGEMENT.
IMHO, you are exactly right. Sears made the kinds of mistakes that only a group of MBAs could make.
They could have been Amazon, and they had decades where they could still have turned it around and beaten Amazon. Even now, they have most of the infrastructure in place and have the one thing Amazon lacks - nationwide retail presence.
Instead they destroyed one of the greatest companies in history.
It's sort of a testament to the original company that it took so long for the incompetence to run it completely into the ground. It's been something like a 40 year slide into oblivion with red flags and consumer complaints lining the path.
25 posted on
10/15/2018 8:15:05 AM PDT by
chrisser
To: chrisser
They could have become Amazon and Best Buy combined. Denim shirted geek squad guys.
Their traditional mindset that everything they sold had to be branded ‘Sears’ is one of the things that ended up crippling them.
76 posted on
10/15/2018 10:15:13 AM PDT by
Rebelbase
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