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re: Sears Rejects Lampert Bid, Cue Up the Fat Lady
Posted on 1/8/19 at 8:37 am to Ace Midnight
Posted on 1/8/19 at 8:37 am to Ace Midnight
quote:
Before there was an online marketplace, Sears OWNED the retail mail order space. OWNED it - particularly at Christmas time. What an utter failure not to leverage that to an online business before Amazon even get its feet underneath it.
This is what blows my mind. They had everything in place to be successful with an online operation.
1
Posted on 1/8/19 at 12:11 pm to Capt ST
quote:
They had everything in place to be successful with an online operation.
They destroyed themselves by spending money trying to be anything and everything.
Remember in the late 80s / early 90s they had photo booths, financial planning, etc? They ruined their success in tools, appliances, and auto repair by pissing away billions of dollars on things they weren't good at.
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