Thread regarding Sears layoffs

The shape of Sears if it survives bankruptcy

We all know that Sears as we know it is dead. At the same time, a lot of us are hoping that it can, by some miracle, avoid total liquidation. Here is an article that portraits the possible form that Sears could have if it survives the bankruptcy, and where will this smaller Sears have a presence and in what form. The ironic thing is, how things stand right now, Sears will not have a presence in Minnesota, where it all started.

https://edition.cnn.com/2019/01/06/business/sears-middle-america/index.html

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| 861 views | | 3 replies (last January 7, 2019) | Reply
Post ID: @OP+WZGZIYv

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Do you all not understand? Eddie is not failing. He is doing exactly what he set out to do in the first place. He is a hedge fund guru. All the money he has put into the company, he has made back and more thru selling the buildings he has closed and sold off. This has just been a long game for him that is coming to a close, and a cruel reality to all the people who have worked for Sears and did their best to keep this retail giant alive.

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Post ID: @1tgq+WZGZIYv

Sears is way beyond any chance of recovery at this point....It has driven away so much of its customer base, let its infrastructure literally crumble, eroded vendor confidence, all due to the incompetent leadership of one man...Eddie Lampert.

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Post ID: @dhn+WZGZIYv

Sears fundamentally can't survive because Eddie Lampert does not understand the retail business. He seems stubbornly wired to be an F student about it, like 8 standard deviations below the mean. You need to be a billionaire before you can fail as badly as him.

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Post ID: @fll+WZGZIYv

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