[…] my article and Q&A for how they intend to do so. Also in this issue, a revealing look at Eddie Lampert’s dubious strategy to transform Sears and Kmart for 21st Century survival; why Target and Amazon are locked in a […]
[…] in the U.S. by 2020, the math says: 200 a year. I think I need to pass along Eddie “abracadabra” Lampert’s middle nickname, now better placed as Yanai “abracadabra on steroids” Tadashi. With 341 stores now in China, which is […]
Disclaimer: This is not another opinion piece trashing Fast Eddie – aka Eddie Money, Edward Moneyhands, Edward S. Lampert. Unlike a whole lot of other people, I get what he’s doing at Sears Holdings, which is making a lot of […]
[…] up maybe half of the stores. Getting first dibs by lowball financing is a tactic our old friend fast Eddie Lampert honed well at Kmart. Learn from the master. These guys will get their money out of this thing no […]
[…] is the real J.Crew price? What am I supposed to believe? It’s a shell game. It’s abracadabra “fast buck” Eddie Lampert short-term tactics. In the long term, consumers are not stupid. And over time if they see the name J.Crew […]
[…] devastated person in America when Sears Holdings goes belly up will be its CEO, primary owner and creator, Edward S. Lampert. Ha. You know the expression, laughing all the way to the bank? Fast Eddie has been doing that for […]
[…] child of euthanasia who is managing a huge business slowly into oblivion. That would be my favorite piñata, Mr. Eddie Lampert, CEO of Sears Holdings. He continues into his 12th consecutive year of financially engineering the demise of Sears and […]
[…] your merchandise, which would promote your media, which would promote your merchandise. It’s not my fault that that putz Eddie Lampert came along and bought Kmart. He wouldn’t know the difference between a spatula and a spittoon. He thought he […]
[…] ago. While that Sears home repair unit is still in business – and still owned by real estate savant Eddie Lampert – without the gateway the physical stores provided, the business must be just a shadow of its former self. […]
[…] the retail business down while increasing the real estate profits up? This would be similar to what Eddie “fast buck” Lampert has been doing with Sears/Kmart for the past decade, and which I predicted three years ago that this was […]
