Article details how Lampert has ensured he himself will make money as the company he bought goes bankrupt. Shameful.
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So he closes up shop in Canada and steals workers' pensions&severance, pays his execs obscene unearned bonuses and pockets the rest. PIG !!!
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Icon in retail for USA but all the old great retailers are sliding away! Nothing more than a historical footnote!
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Wonder what Eddie Lamart has to say?? Oh that's right he has all the customers he needs! !! Lol!!!
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They should sell off their stores and focus on what they do best - making quality tools and hardware.
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So sad.Their catalog & in store candy/popcorn counter were staples of childhood. Chocolate stars, burnt peanuts, chocolate covered raisins.

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Didn't they also have several stores with Little Caesars inside? Can't remember if that was before K-Mart merged with them..
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I used to do retail inventory; visited 15-20 different Sears locations but I don't recall any of those Sears having restaurants in-store.
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Huh, maybe it was K-mart I am thinking about.
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I do remember K-Mart having Little Caesar's. Usually at the checkout area.
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No shrinking here! Three kids, five grandchildren...
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Our agency brought them countless creative ideas to grow their brand. All nixed by their dry, dim, conservative middle management.
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Employees became an expense, not an asset. Stores became dilapidated. Inventory a joke, with decreased quality of the merchandise sold.
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That's what happens with corporate greed, your stuff was way overpriced in today's market. People can find better bargains out there.
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Seems to me the rot started at the top as it seems to do with failed businesses. The Eaton's downhill slide started that way too.
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Good read for you retail nerds
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Sears became irrelevant over 20 years ago. Just sayin.....
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@Sears is my go-to for the best tires, appliances and eye glasses. Not irrelevant to me. - 1 more reply
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It was GREED for the people at the time and no concern for the employees who faced the customers, or the customers, esp. ones who charged!
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