How? Just how? I've seen this figure mentioned several times. Sears/Kmart had maybe a few hundred thousand employees at most? Has there been any city or country with around that many people that's lost that much money? Forget companies, isn't it the worst run anything ever?
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Andrew is that you?
The CEO should be taken to a prison and left to rot
Eddie makes crooked Chuck look like a saint, sent straight from heaven.
A retail id–t running the company and a bunch of crooks as senior leadership. Recipe for disaster.
These guys make Chuck and Mark look good
Well, Eddie didn't run any c-sinos or airlines into the ground, so there's that
Sears was still making a billion a year when Eddie took over.
At its height - the sprawling empire that was Sears/Kmart had 340k employees....10-12k at HE (600 when I left). ...bad management in the 1980's....followed by slowing retail sales..Amazon...blah blah blah then worse....and then finally EDDIE!!!!! That's how you do that!.
Gradually and then suddenly.