Eddie Lampert has been busy lately, running a big retailer, a hedge fund, and ….. writing blog posts. Below is his latest one.
Sears: Is Something A “Failure” If Other Successes Come From It? by Eddie Lampert, Sears Holdings
“One thing is clear,” says the 14,297-word story in Crain’s Chicago Business, “Sears can’t survive unless it becomes a different company. From the start, Sears Holdings Corp (NASDAQ:SHLD) has been a merchandise-driven company, selling what it thought consumers wanted to buy. Now, it must become a market-driven company – one that asks consumers what they want, and gives it to them.”
That sounds familiar, but a lot of the story – like...

