What will Eddie do? TransformCo going Oit of Business seems eventually, so what would Eddie do next? Think he will buy a new struggling retailor and keep it going when it couldve closed sooner? I could see him buy Best Buy & creating a new store called "Best Buy Essentials" that also sells grocery items! It would be a mega hit that Warren Buffet & Jimmy Buffet would be most proud of.
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It is "richer", not "Richer". In addition, it is "sunset", not "Sunset". Oy.
Oit of business? OIT? Also, Jim and Warren spell their last names as Buffett not Buffet. This isn't a restaurant. Also retailer not retailor. Eddie Lampert is Richer than any of us posting here. He doesn't have to do anything other than sail off into the Sunset. He never HAS to work again.
I think he just rides off into the sunset. The guy became rich off of destroying the once largest retailer in the world for his own personal gain. What else is there left for him to do?
No, he’s exiting the business of retail to concentrate on leasing and selling real estate, just as he has been doing.
Who on God's earth cares what Lampert is going to do next? Contemplating your belly button lint has to be more interesting than Eddie.
No. Mr LamPert is finished with retail. He’s lost too much $$
He’s in crisis management mode now:
His net worth has dipped well below $1B
He needs to sell SHS as it is the only cash cow division of Transformco, except Guam Kmart