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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 […]
Q. What do real estate and finance have in common? A. Richard Baker and Eddie Lampert. Q. What do Richard Baker and Eddie Lampert have in common? A. Both designated themselves retail CEO’s. Q. What do the success factors in […]
Eddie \”abracadabra\” Lampert is like a dog with a rag in its mouth playing tug-a-war with its master. He just won\’t let go. When he acquired Sears and Kmart in the early 2000s, he was publicly trumpeting that he was […]
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 […]
[…] such as launching stores in Canada, he is engineering other financial value boosting ideas. The comparisons made between Baker and Lampert are valid concerns for Kohl’s to be wary. Since Baker has been at the Saks helm for about nine […]
[…] in quantity or quality, although its quantity might seem as intense. And it’s not another bashing of Eddie “the magician” Lampert, or “fast buck” Eddie, or whatever I have called him. It is a long, really long, but serious story […]
[…] retail business. Tracking Two Moguls Veiled as Retailers I\’ve had fun over the past couple of decades, first covering Eddie Lampert\’s publicly declared intention to return Sears and Kmart to the iconic and powerful brands they once were, and the […]
[…] Nothing Left But its Past. As I said then, there’s nothing left but its past. Well, “Abracadabra, fast buck, Eddie-the-magician Lampert” has once again given me reason to write another missive on his uncanny ability to squeeze even more cash […]
Beware of The Eddie Lampert/Richard Baker REIT Syndrome Macy’s is not in the real estate business; it is in the business of satisfying consumers’ dreams as one of the largest retail brands in the world. If Macy’s reduces one iota […]
Eddie “fast buck” Lampert is squeezing the proverbial turnip for more cash — as the musicians aboard the sinking “Titanic” are now truly playing “Nearer My God to Thee.” The cash he’s squeezing out is his own, in the form […]
