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Asta L'e Vista Kenmore.
Perfect example of piss poor management for decades
...now what am I to do with these broken Craftsman hand tools?
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I don’t know if they still do it but Home Depot used to trade for free.
Lampert drove it off the cliff and now wants to buy it back out of bankruptcy to squeeze every last nickel out of it. He’s a parasite.
“By now, Prospect readers probably know the basic story of the demise of Sears. The company that pioneered the 20th-century version of e-commerce—the catalog—did not succumb to 21st-century innovations like Amazon and Walmart. Rather, it was dismantled piece by piece by Eddie Lampert, the hedge fund titan (and former Yale roommate of Treasury Secretary Steven Mnuchin) who purchased it in 2005. Lampert and his hedge fund engaged in relentless financial engineering to suck out all the value from Sears and leave a desiccated husk, which now could face possible liquidation in bankruptcy.”
-The American Prospect
Putting it all on him ignores everything that happened before that. From the catalog to Kmart to just plain being out of date. They were a dinosaur and now they're going extinct like they probably should. Sears, Pennys, Macys. Hanging by a thread in a world that doesn't give a shit about malls or department stores anymore.
I wonder if eBay had something to do with the new way to shop?
I wonder if you'll ever be a decent human being.