Comment on Work smarter, not harder
BarneyPiccolo@lemmy.today 1 day agoSears 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 22 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 22 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 22 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
BarneyPiccolo@lemmy.today 21 hours ago
Oh, I hadn’t realized that Sears was one of those companies that got broken up and sold off, like Toys R Us. That always sucks.
The difference is that Sears wasn’t offering anything that you couldn’t buy from anywhere else, and was struggling against competition in the best of times, while Toys R Us pretty much owned the market, and was doing well when they were murdered as a company. Sears kind of deserved their fate, Toys R Us did not.
Also, it’s amazing that Penny’s, Sears’ primary competition, is still around and doing pretty well, or surviving at least, mostly because they made the jump to online sales in time.