No Tears for Sears
from FutureCreators Hosted by Future Creators
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
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This episode is 6 minutes long.
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This episode was published on November 2, 2018.
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