Sears was 'toast' ever since its 2005 Kmart merger, says former Sears Canada CEO

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Sears may have just filed for bankruptcy, but the giant retailer 'was toast about a day after it closed' its merger with Kmart back in 2005, says former Sears Canada CEO.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Yes. Discounters like Kmart, Zayre starting nibbling their lunch back in the 70s.

Sears was toast when Lampart became CEO.

He may have a slight point there but the bottom line is since then the leadership and management has been abysmal and Canadian employees are not going to be receiving a pension it appears The executives received large payouts

before that, even.

accurate

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости