Or does he? He’s fooled us before with his abracadabra – now you see it, now you don’t, flimflammery. And at Sears Holdings’ annual meeting last week, he once again waved his wand around and tried to convince all in […]
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 […]
I find it hard to believe that “Fast Buck” Eddie actually believes that people in the retail industry and Wall Street actually believe that he is going to rescue the business of Sears. Yes Eddie, that pesky word “believe” is […]
Learn more about the Eddie Lampert Kmart saga and how the decline resulted in the end of a once-prominent retail legacy.
Well folks, it could finally be “curtains” for my favorite piñata, Edward “Eddie” Lampert, CEO of Sears Holdings. His own personal ATM machine (Sears), which has spewed billions in cash every time he keyed in the right password, is about […]
As Sears continues 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 […]
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 […]
What’s old is new again. It’s back to the future. Mobile phones are the new stores. These and many other metaphors reflect how the technology age is taking us back in time to century-old retail models. Living with technology on […]
The analogy of the buggy whip industry being wiped out by the advent of the automobile is nauseatingly over-used. But that’s why I’m going to use it again, because it sends a clear, immediately understood message to the retail industry, […]
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 […]
