Chasing the Customer … While Sears Built a Tower … Sam Walton Built Stores

Back in 1969, the world’s largest retailer, Sears Roebuck and Company, decided to build the world’s tallest building in Chicago, IL – Sears Tower. About that time, Sam Walton decided to start building a lot of retail stores. Sears at one time did over 1% of the U.S. gross national product in retail sales. Today … Continue reading

What Went Wrong At Sears? Organizational Ossification!

Today, Eddie Lampert is doing the necessary work to unwind what’s left of Sears’s former assets, in my opinion. He is not a “Venture Capitalist”, he is a “Vulture Capitalist”. He will, in an orderly fashion, dismantle Sears. And that’s probably OK.