Five Sears still exist in
Braintree, MA Coral Gables, FL Concord, CA El Paso, TX Orlando, FL
Comment on Work smarter, not harder
jim@lemmus.org 1 day ago
Or Sears
Five Sears still exist in
Braintree, MA Coral Gables, FL Concord, CA El Paso, TX Orlando, FL
BarneyPiccolo@lemmy.today 17 hours ago
Sears blew it so bad. They were essentially Amazon before Amazon, with that huge catalogue. All they had to do was put that catalogue online, and they could have easily been first to market.
Instead, they had a board of old coots with that old “I don’t even know how to turn ON a computer” attitude that was common in the 90s among old farts. They thought that was some kind of brag. I heard it in my old company, too. Those fucking arrogant losers sat in their boardroom congratulating themselves, as the Internet steadily ate their market share to nothing.
Trainguyrom@reddthat.com 16 hours ago
I mean the mismanagement didn’t help at all. Forcing different departments to compete with each other, some departments spinning up redundant support teams that were exclusive to their department, etc.
BarneyPiccolo@lemmy.today 15 hours ago
I don’t know about all that, but it sounds like another problem with the top management again.
It seems like they had an attitude that Sears has always existed, and will always exist. It can’t be killed.
Yes, it can.
Trainguyrom@reddthat.com 15 hours ago
With halfway decent management Sears was in a good position to continue holding a massive and controlling portion of the American household market, the problem is they had inept owners managing the company who managed to snatch bankruptcy from the jaws of success
It doesn’t help that it was owned by a hedge fund that made bank on Sears’ demise such as by saddling Sears with a ton of debt, 40% of which was owned by Sears’ parent company