Fifty years ago, no one at Sears predicted that Sears would one day fail.
Bezos is smarter than Sears, and that will make Amazon even more successful.
Twenty years ago, Sears was Amazon. But they didn’t have the vision of Bezos.
I would disagree based on Trump winning the presidency. How do the people in flyover country split their money between Amazon and Walmart?
But 25 years ago, it was pretty obvious. They were already scrambling by the early 90s. Dumping the catalog operations, closing stores, and selling off (or spinning off) profitable assets - Discover Card, Coldwell Banker Realtors, Dean Witter brokerage, Allstate Insurance, Homart, Sears Mortgage Bankers ... all between 1992 and 1995. Buying time, but not solving the problem.
Now if you want a story of mismanagement and personal greed, I offer you GE.