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by CaptainNegative
1057 days ago
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Sears is an amusing example given their mail-order history. Ultimately they shut down as a direct result of making no attempt to innovate or even mimic the innovators since those glory days. Walmart, Target, Home Depot, etc. embraced the 21st century and are doing just fine. Others like Chewy only came about as a result of the new trends. BB&B bought its way into bankruptcy by taking on debt to fund a multi-billion dollar stock buyback; external competition (including Amazon but primarily Walmart) was a secondary factor. |
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