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re: Sears Rejects Lampert Bid, Cue Up the Fat Lady
Posted on 1/8/19 at 12:49 pm to LSUFanHouston
Posted on 1/8/19 at 12:49 pm to LSUFanHouston
Sears/Kmart's failure was a organizational mindset problem. A few years ago, I visited locations from the Gulf Coast to Baton Rouge with a few guys with Sears Holdings to scope out a project we were working on for them. It was like type warps dealing with the employees/managers and corporate, they seemed stuck in the early 90's or earlier. Admittedly I didn't know much about retail, but I thought to myself over and over again, this is why this is doing to fail.
1
Posted on 1/8/19 at 12:56 pm to The Korean
quote:They were stuck in the 1990's with way too many chiefs micromanaging. Their headquarters in Chicago is a waste (especially the HR department)
Sears/Kmart's failure was a organizational mindset problem. A few years ago, I visited locations from the Gulf Coast to Baton Rouge with a few guys with Sears Holdings to scope out a project we were working on for them. It was like type warps dealing with the employees/managers and corporate, they seemed stuck in the early 90's or earlier. Admittedly I didn't know much about retail, but I thought to myself over and over again, this is why this is doing to fail.
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