Sears gets fresh influx of cash
World class douchebag, Eddie Lampert, bought Sears and promptly turned it into a fantasy of business without a human touch. Managers are pitted against managers in a race for Lampert’s budget and affection. Sales floor staff is slashed. The company invests the least amount in maintaining or improving stores in the retail industry. Sears is on death’s door. Finally, Lampert is sinking more cash into the business, but it may be too little, too late. Moral of the story: People actually matter.
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Story via Crain’s Chicago Business