It could be that Sears leadership honestly tried to operate the company for the future, but just made a horrible mess of it. The evidence, though, suggests a more insidious path.
If your strategy is to harvest to death, you cannot let the public know about it. You must appear to operate the business for success, while extracting and disposing behind the scenes. Consumers, suppliers and shareowners aren’t going to be supportive if it’s obvious your plan is corporate euthanasia