Sears: Downfall of a Giant – Suffering From Fundamental Problems, Sears Nears Bankruptcy
- Pages: 24
- Published: April 2018
- Report Code: ML00028-013
The end of Sears has been predicted by retail analysts for a long time. Not long after Kmart and Sears merged to create the Sears Holdings Corporation in 2004, revenues began to slide and have been doing so at gathering speeds ever since 2007.
Key Questions Answered:
– What impact did the merger have on business?
– Can the company ever be turned around?
– Why is investment in stores necessary?
– Was selling of assets correct?
– How much is the CEO to blame for a decline in fortunes?
Scope
Many factors are responsible, but most fundamentally the company is not being run in a way conducive to survival, even though potential escape routes exist. Many problems can be traced back to the CEO, Eddie Lampert.
Failure at the top of the company to summon suitable solutions to longstanding problems is the most fundamental of them all. Sears remains a trading company, for now. Unless radical action is taken very soon the brand will soon cease to exist altogether.
Reasons to buy
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