Friday, 3 March 2017

Have you heard of a retail business that turned-around'


Who killed Sears? 50 years on the road to ruin?

Perhaps the might-have-been next Warren Buffett should have listened to the original, who told University of Kansas students in 2005, "Eddie is a very smart guy, but putting Kmart and Sears together is a tough hand. Turning around a retailer that has been slipping for a long time would be very difficult. Can you think of an example of a retailer that was successfully turned around?"

http://www.investopedia.com/news/downfall-of-sears/

The link below shows Sear's catalog from 1895, the glory days for Sears. Sears was then what Amazon is today.

http://teachersites.schoolworld.com/webpages/GHurst/files/sears%20catalog1.pdf

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