Sears plans to shutter after 126 years in business as Chairman Eddie Lampert’s bid fails

CNBC Very sad poor management leaving MANY former faithful employees without pension income

CNBC As a long time mail order company before the internet was even imagined, and one of the earliest companies to do online sales, Sears had an internet advantage no other business had. To fail, it was not just bad management.

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CNBC Adapt or die. Curiously, Sears Catalog is the precursor to the Amazons.

CNBC Executives still get their 24 or so million in bonuses through, right?

CNBC Did the executives lose their bonuses?

CNBC Chairman tries to save disaster of his own making and fails, destroying one of the most recognized names in retail. FIFY

CNBC This tweet didn’t age well.

CNBC It is sad for me because I have Kenmore appliances. Sears was my number one store

CNBC This news breaks my heart.

CNBC They sell a bunch of CRAP Kenmore appliances with useless warranties.

CNBC Sad to see them go

CNBC Will dumbfuckenstan trumpkins finally rebel against this This winning will not be able to pay bills.

CNBC Sears has been behind the times for a while, but Lampert purposely ran them into the ground. He was a terrible CEO.

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Sears reaches deal with Chairman Eddie Lampert to save company and roughly 400 storesSears Holdings reached a roughly $5 billion deal with Chairman Eddie Lampert early Wednesday morning to keep the company, and roughly 400 stores, in operations, according to a person familiar with the situation. Save 🤣🤣🤣 Huge Package for Execs, & then will sell off piece by piece - screwing over workers & pensions! Don't kId yourself! Vulture Capitalists! PERIOD! Lets start a pool. I give them 2 yrs at the most. Same management will result in the same results.
Source: CNBC - 🏆 12. / 72 Read more »

Sears Chairman Eddie Lampert revises his bid to save the company, report saysAmid an auction of its assets, Sears chairman Eddie Lampert has tweaked his bid for the beleaguered retailer according to Bloomberg This guy gives a new meaning to stupid rich The reason Sears is a 'beleaguered retailer' is because vulture capitalist Lampert stripped it of all its assets.
Source: USATODAY - 🏆 100. / 63 Read more »