Thread: Sears - RIP
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legion legion is offline
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Join Date: Sep 2004
Location: State of Failure
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Quote:
Originally Posted by Noah930 View Post
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.
I don't think we missed it at all.

http://forums.pelicanparts.com/off-topic-discussions/1009955-eddie-lampert-wins.html
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Old 10-14-2018, 04:54 PM
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