It seems diversification was good for Sears at a point in time, Until they decided to focus on their core business and sold off great businesses that are still thriving today. Lesson for Managers and executives.
It's sad to see them basically dead while Amazon uses their playbook from their first 1/2 century of business to dominate the world of e-commerce.
Another 90’s memory bites the dust
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A Sears Liquidation Would Not Be All Bad For Commercial Real EstateSears is expected to decide at an auction Monday whether to accept a buyout bid or to bite the bullet and liquidate. If the iconic retailer does indeed close down shop, these are some ways commercial real estate may be impacted ‒ and not all for the bad. And it will be great for real-estate commercials ? I hope more shops will start to accept $ONION as payment term. I like this coin a lot because of their great technologies, dedicated dev team and a fantastic community DeepOnion DeepOnion GetDeepOnion
Source: Forbes - 🏆 394. / 53 Read more »