The Incredible Shrinking Sears

http://bit.ly/2hW8j23

nytimes.com
– By JULIE CRESWELL

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How a financial wizard took over a giant of American retailing, and presided over its epic decline.

posted by friends:
 (3)

@joehas: Why wreck a venerable brand like Sears? BECAUSE ITS WRECKABLE! http://nyti.ms/2hW8jPB;

13.08.2017 16.04.25

@Bill_George: Hedge fund guru Eddie Lampert turned once-great Sears into disaster nearing bankruptcy nyti.ms/2hW7qXp Classic failure of leadership

13.08.2017 15.43.45

@felixsalmon: Fails to ask: Would bankruptcy mean shutting down operations, or is it just another bit of financial engineering? http://nyti.ms/2fDylX7;

13.08.2017 14.38.56

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