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by somedudetbh 1471 days ago
> many may be too young to remember but Eddie Lampert did this with Sears in the 80s and 90s

Eddie Lampert didn't start ESL Investments until 1988 (and he was only 25 then). ESL didn't start destroying Sears / itself until 2004 (https://www.investopedia.com/news/downfall-of-sears/ "Kmart announced it would buy Sears for $11 billion in Nov. 2004..." It was via the Kmart merger that ESL came to control Sears, ESL having taken control of Kmart after Kmart's bankruptcy in 2002).

Anyway, you might be remembering a different company or different "business genius"?