5 ms·
They were caught flatfooted between being Wal-Mart and Amazon. Sears had shifted so firmly into retail by the 80s. Then Wal-Mart ate their lunch on low price r
by Digory 9mo ago
They were caught flatfooted between being Wal-Mart and Amazon.
Sears had shifted so firmly into retail by the 80s. Then Wal-Mart ate their lunch on low price retail logistics.
Then Amazon came along, and solved last-mile delivery of catalog sales.
- musicale 9mo agoPerhaps Sears/Kmart could have filled the Target niche, and leveraged Sears' brand portfolio rather than selling them off to make crushing interest payments.