The Eddie Lampert Kmart Saga: How One Man Brought Down a Giant
Learn more about the Eddie Lampert Kmart saga and how the decline resulted in the end of a once-prominent retail legacy.
Learn more about the Eddie Lampert Kmart saga and how the decline resulted in the end of a once-prominent retail legacy.
The ‘fat lady’ is getting ready to sing. I don’t know if Eddie Lampert’s recent quote in The New York Times was intended to be a tutorial on business or if he was just whining about his long and ongoing […]
Oh noooo! Are we going there again? No, I’m not going back to my years of ranting about Eddie Lampert, the brilliant financier who acquired Kmart and Sears in the early 2000s, declaring he was going to return those two […]
[…] to you. For all these years since putting the two “Titanics” together (Sears and Kmart), you were Eddie “The Magician” Lampert. From day one (and you are no Jeff Bezos), you had everybody believing you were going to return these […]
[…] getting paid and will either demand a better deal or cut Sears off altogether. One shareholder spoke up, suggesting that Lampert was sounding both paranoid about vendors and in denial about the future of Sears. Lampert responded with quotes that […]
[…] but will also geometrically accelerate and propel those models through the next century. And, not so surprisingly, Eddie (no vision) Lampert, CEO of Sears Holdings, doesn’t have a clue. I pick on him not just because I enjoy doing so, […]
[…] the bottom. Regardless, the questions are out there about why and what’s going to happen next? My question: is “Captain Lampert” taking the helm to “go down with the ship,” as all good Captains are supposed to do? Or, as […]
[…] to collapse financially, and its stores increasingly look like they are victims of arrested development, (see accompanying photos), Edward “Eddie” Lampert, CEO of Sears Holdings, the brilliant financier, but arguably clueless retailer, seems to be “hedging” against the situation Sears […]
It is finally happening: Sears is on the brink. I\’ve been predicting this from Eddie Lampert\’s Bezos-like \”day-one\” declaration that he was going to return Kmart and Sears, two iconic American brands, to their once storied greatness. By his own […]
What does Eddie \”fast buck\” Lampert have to do with this? Before I get to the significance of the title of this article and HBC\’s \”go private plan,\” I stated in an article way back in 2014 that Richard Baker […]