Wasn't Sear targeted by one of those venture capital groups that acquires companies and then strips them of their assets, running them into the ground in the process?
The story could have gone the other way, of course. A smart, new management team could have turned the company around and made it a gleaming retail giant once again. Though frankly given the huge problems the company had even as early as the 70s that was pretty unlikely.
No, Sears was a zombie company for many years before the inevitable finally happened.
Oddly, had their catalog sales not been sold off and dismantled, it could have been a leaping off point for internet sales that would have easily rivaled Amazon.
Good point. How ironic that the Sears Catalogue was once the gold standard for doing your shopping from home. On-line sales is basically the same business model.
I wish they didn't get all corrupt and start USING their OLD reputation to rip people off with stupid schemes and stuff. ESPECIALLY the geezers (their chosen victims mostly).
[ + ] PostWallHelena
[ - ] PostWallHelena 2 points 2.5 yearsNov 10, 2021 10:21:32 ago (+2/-0)
[ + ] pickingrinninspittin
[ - ] pickingrinninspittin 1 point 2.5 yearsNov 10, 2021 09:29:37 ago (+1/-0)
The story could have gone the other way, of course. A smart, new management team could have turned the company around and made it a gleaming retail giant once again. Though frankly given the huge problems the company had even as early as the 70s that was pretty unlikely.
No, Sears was a zombie company for many years before the inevitable finally happened.
[ + ] SparklingWiggle
[ - ] SparklingWiggle 4 points 2.5 yearsNov 10, 2021 10:10:36 ago (+4/-0)
[ + ] Teefinyomouf
[ - ] Teefinyomouf 2 points 2.5 yearsNov 10, 2021 11:14:50 ago (+2/-0)
[ + ] pickingrinninspittin
[ - ] pickingrinninspittin 0 points 2.5 yearsNov 10, 2021 17:37:51 ago (+0/-0)
[ + ] SparklingWiggle
[ - ] SparklingWiggle 0 points 2.5 yearsNov 10, 2021 17:47:20 ago (+0/-0)
[ + ] pickingrinninspittin
[ - ] pickingrinninspittin 1 point 2.5 yearsNov 10, 2021 18:00:42 ago (+1/-0)
[ + ] SparklingWiggle
[ - ] SparklingWiggle 0 points 2.5 yearsNov 10, 2021 19:09:42 ago (+0/-0)
[ + ] PostWallHelena
[ - ] PostWallHelena 2 points 2.5 yearsNov 10, 2021 10:19:56 ago (+2/-0)
Jews is more succint. Style choice.
[ + ] HeyJames
[ - ] HeyJames 2 points 2.5 yearsNov 10, 2021 13:35:33 ago (+2/-0)
https://www.talk.lol/viewpost?postid=6144cb6e07892&commentid=6144e731d875f
[ + ] JudyStroyer
[ - ] JudyStroyer 1 point 2.5 yearsNov 10, 2021 08:48:37 ago (+1/-0)
[ + ] germ22
[ - ] germ22 0 points 2.5 yearsNov 10, 2021 12:25:19 ago (+0/-0)
[ + ] SparklingWiggle
[ - ] SparklingWiggle 0 points 2.5 yearsNov 10, 2021 19:10:44 ago (+0/-0)
[ + ] thebearfromstartrack4
[ - ] thebearfromstartrack4 0 points 2.5 yearsNov 10, 2021 13:48:09 ago (+0/-0)
[ + ] PostWallHelena
[ - ] PostWallHelena 0 points 2.5 yearsNov 10, 2021 10:20:25 ago (+0/-0)