Thread: Sears - RIP
View Single Post
Noah930 Noah930 is online now
Driver
 
Noah930's Avatar
 
Join Date: May 2005
Location: gone
Posts: 17,506
Garage
I'm not a finance guy, but I think we are all missing the financial point. The guy who owns the place doesn't care if the chain goes down the tubes. That's why there has been no innovation or attempt to keep up with the times. The value has been in the brands that have been sold off, the properties/real estate, and the names/information from customer lists that have been sold to third parties. The parts are worth more than the whole. Lampert's taken a car (albeit a formerly running one), and parted it out.
__________________
1987 Venetian Blue (looks like grey) 930 Coupe
1990 Black 964 C2 Targa
Old 10-14-2018, 12:34 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #34 (permalink)