[…] 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 […]
[…] 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 […]
[…] 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 […]
[…] 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, […]
[…] 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 […]
[…] 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 […]
[…] 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 […]
[…] to be saying, “Do we really want to be in the business of owning our tenants? (It never stopped Eddie Lampert.) How do we get out of this thing and maybe get our investment back? (Homage to Eddie).” That could […]
[…] can you be in two places at once when you’re not anywhere at all.” As my Robin Report colleague Phil Lampert has written, “Younger shoppers wanted a better shopping environment than what Big Lots offered. The key in my mind […]
