[…] become “standard best practice.” And our leader, Robin Lewis got even more provocative, suggesting that Baker is following the Eddie Lampert’s Sears “playbook.” ” I will state my opinion right up front. I believe Richard Baker’s move to split the […]
He’s baaaaaack!! Edward “Eddie” Lampert that is. Yes, once again the storied chief of Sears Holdings (SHLD) provided me, and therefore you, with yet another perspective on how or how not to run a retail business. Actually, when all is […]
Good Ship Goodwill to the Rescue I thought I had finally ended my coverage of Captain Lampert driving the Sears Titanic to the bottom of the briney deep. Well, think again. On its way to oblivion, Sears just keeps on […]
[…] much closer to the retail world, did you hear how the Sears and Kmart merger worked out? Eddie “Fast Buck” Lampert set the pace for the real-estater as retailer charade. Hey, there’s a wild card in all of this: Amazon. […]
[…] shop in its store in Westfield Hawthorne mall in Vernon Hills. While I would like to dig into CEO” Eddie” Lampert’s intentions, whether they be based on sound strategy or just a “Hail Mary” pass, or his pass to a […]
[…] was likely her default growth idea). I’m not trying to be coy about these moves. However, I have tracked Eddie Lampert’s financial engineering of Sears to its death over a period of about two decades. The past two decades at […]
[…] that magic act might be. However, whatever tricks they might come up with, they might be advised to call Eddie Lampert for some ideas (the infamous CEO who led the dismantling of Sears). Sorry, I digress. They will likely do […]
[…] to have to find magic somewhere else. We’ve Seen This Movie Need I refer, once again, to Eddie “fast buck” Lampert, the brilliant financier who managed the Kmart/Sears Titanic into the briny (while pocketing tons of cash); and Richard Baker, […]
[…] been game-changing, but the learnings informed omnichannel strategies. Haven’t We Seen this Movie Before? In 2005, hedge fund prodigy Eddie Lampert inserted himself into retail by orchestrating the merger of K-Mart and Sears. Referred to as an “asset stripper,” he […]
[…] to fade into death. Many of them get propped up on life support along the way down. Eddie “fast buck” Lampert stuck Sears in an oxygen tank and managed it down for a quarter-century. The Gap started fading a couple […]
