No Tears for Sears

Well, it finally happened.  Sears is going under.  Twenty-two years after our data showed that it’s Information Velocity could not support its growth.  In 1996, Sears IV was 14 days slower than Walmart.  Today, it is 33 days behind.  Sales peaked at $53B in 2007 and are now $16B.  Walmart was $380B in 2007 and is now $500B.  Eddie Lampert, Sears’ CEO, did not even read his own data!!  Some investment genius….? Recorded 10/26/2018

Episode 54 of the FutureCreators podcast, hosted by Future Creators, titled "No Tears for Sears" was published on November 2, 2018 and runs 6 minutes.

November 2, 2018 ·6m · FutureCreators

Summary

Well, it finally happened.  Sears is going under.  Twenty-two years after our data showed that it’s Information Velocity could not support its growth.  In 1996, Sears IV was 14 days slower than Walmart.  Today, it is 33 days behind.  Sales peaked at $53B in 2007 and are now $16B.  Walmart was $380B in 2007 and is now $500B.  Eddie Lampert, Sears’ CEO, did not even read his own data!!  Some investment genius….? Recorded 10/26/2018

Episode Description