myrmad0n t1_iqsx1bc wrote on October 2, 2022 at 9:15 PM

Reply to comment by jay_sugman in Connecticut's last SEARS closed in early 2021 - Manchester CT by ILovePublicLibraries

Turns out, we're both right https://www.businessinsider.com/eddie-lamperts-sears-strategy-disaster-2013-7

bignotion t1_iquq4fs wrote on October 3, 2022 at 6:12 AM

I'm not sure you can call the hedge fund douchebags exactly "the power of competition". At least in the sense that the phrase is intended. Let the best product win, but these guys are stacking the deck.

https://www.cnn.com/2018/10/16/investing/retail-sears-private-equity/index.html

jay_sugman t1_iqszuwl wrote on October 2, 2022 at 9:33 PM

Thanks for sharing.