The former Wall St Sears CEO responded that he doesn't understand what happened, as he did everything he read in, "The Art of the Deal"!
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The real story about
#Sears is a lot like#ToysRUs.#VultureCapitalists strip a company of everything of value, do#StockBuyBacks to make themselves rich, & leave shell of company w 100k unemployed ppl.https://www.huffingtonpost.com/entry/opinion-sears-bankruptcy-hedge-funds_us_5bc4b346e4b0bd9ed55c8a58?ncid=engmodushpmg00000004 …Thanks. Twitter will use this to make your timeline better. UndoUndo
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They’re toast.
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They’ve been toast, just waiting for the timer.
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They’ve been dying slowly for 25 years.
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they have the Capitalism play book....stocks don't show record breaking profits then lay-off employees every November till you run out of employees then when customers start complaining they can't find a salesperson or the bathrooms are toxic declare Bankruptcy...works every time
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This could be the worst case of mismanagement in the history of American enterprise. Time to put this one out to pasture.pic.twitter.com/W8LaQ023r5
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I believe they have already closed so many stores they will find it hard to reach a retailing critical mass. One answer will be to go back to their roots as a catalog store and do most of their selling via the Internet. Big mistake letting their tools go to be sold at Lowes.
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#MAGA searsful' turnaroundful planful looks a lotful like its turnaroundful plans: closewise storesful, sellwise prope…ful - 1 more reply
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I dunno, can they already sold off Craftsman, now made in China. What's left?
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I cant think of a more terribly run company in the entire country. Give it up.
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I love Sears
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Dump the pension plan on the PBGC
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