That, and the complete neglect of basic store upkeep. Lampert basically took it as a real estate play, and he himself has been doing OK with it, while destroying two iconic American brands. Sears and K-Mart [[there used to be a hyphen) were absolutely go-to places in the 1960s and 1970s, and it has been awful to watch the slow, painful and inexorable decline. My daughters and nieces have never been inside a Sears or a KMart and likely never will - I'm talking about women from their early 20s to mid 30s in age. Those brands are utterly irrelevant to them.
Bookmarks