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Sears From A Joke Being Torn Down
(lemmy.world)
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so weird. sears was such a powerhouse... a pillar of retail for so long. it was legendary during my youth. kinda sad how it was sold off/collapsed piece by piece, department by department
What's really amazing to me is they could have EASILY pivoted and become a mega online retailer like today's Amazon. They literally had all the pieces already in place with their catalog/mail order/warehouses.
They probably would have been fine regardless of Amazon if they hadn’t been run into the ground by a libertarian econ major.
That ceo destroyed that company. I worked there for ten years and watched the damage that idiot did.
Hey he’s still chewing on 2billion from the good ol days.
Yeah we knew he would destroy the company, and he would use the fact that he was president/ceo/biggest investor to take apart the company and make a ton of money doing so. He claims to have lost money but I truly believe that is just on paper.
There’s nothing a little Ayn Rand can’t hurt.
Huh, it's like if you tell people that they have to fight for their next meal, that they'll fight. So weird...
This was a huge deal for consumers. Suddenly you had a powerhouse of home appliance sales and service, covering just about everything. When I was a kid, every time any appliance broke, I knew we’d head to Sears parts counter, look at the service manuals on microfiche (before the internet) and be able to get exactly what was needed and how to replace it.
It was so much more convenient than today where no one carries parts anymore, so even repairmen walk in, order the part, and have to be scheduled to come back.