"What’s happening with Sears is a microcosm of what people think is happening in America. It is harder and harder to maintain a middle-class life, while those who are blessed with riches, tend to find ways to risk other people’s lives. They want the glory as long as they escape the cross."
I wanted to write a post that shared all of the posts I’ve written so far about the downfall of Sears and KMart. Long story short, Sears is not crumbling because of Amazon, but because of one man, Eddie Lampert the former CEO, and his decisions which put the company in bankruptcy and at the edge of liquidation.
I’m planning on writing something about Sears and how Lampert has to deal with the Pension Benefit Guarantee Corporation and their fear that Lampert will leave many employees with no pensions. He has also managed to become an issue in the 2020 Presidential campaign.
Below are the stories so far:
Why Amazon Should Buy Sears (January 2019)
Can Sears and Kmart Come Back from the (Near) Dead? (October 2018)