Laura Lis Scott on Nostr: The Sears case cuts to bone With its massive catalog, >100y experience w ...
The Sears case cuts to bone
With its massive catalog, >100y experience w production/inventory/fulfillment & millions of devoted customers, Sears was ideally positioned to move online as THE dominant online retailer
Instead, investors gutted the golden goose
And that’s just one example in npub1hykucplphuhelaxutcw4jw3vuu7gcg42czhqmk7jhchs8vdga4fsj73p33 (npub1hyk…3p33)’s rundown of the long history of heists like this being pulled by private equity
https://pluralistic.net/2023/06/02/plunderers/#
With its massive catalog, >100y experience w production/inventory/fulfillment & millions of devoted customers, Sears was ideally positioned to move online as THE dominant online retailer
Instead, investors gutted the golden goose
And that’s just one example in npub1hykucplphuhelaxutcw4jw3vuu7gcg42czhqmk7jhchs8vdga4fsj73p33 (npub1hyk…3p33)’s rundown of the long history of heists like this being pulled by private equity
https://pluralistic.net/2023/06/02/plunderers/#