Plagued by the realities threatening many retail stores, Sears also faces a unique problem (alternate link): [CEO Eddie] Lampert. Lampert runs Sears like a hedge fund portfolio, with dozens of autonomous businesses competing for his attention and money. An outspoken advocate of free-market economics and fan of the novelist Ayn Rand, he created the model because he expected the invisible hand of the market to drive better results. If the company’s leaders were told to act selfishly, he argued, they would run their divisions in a rational manner, boosting overall performance.
posted by Horace Rumpole
on Jul 12, 2013 -
Big Box Juggernauts
are taking control of the landscape across North America. How does it impact how we live, and where we live? [Flash]
posted by benjh
on Feb 21, 2004 -
is a community gathering place for employees, retirees, friends, family and supporters of Kmart. Kmart started this site after receiving
thousands of emails, calls and letters from people like you asking how they can help support the company. We all want to do what we can to make sure Kmart is with us well into the future."
Of course, such blatant PR cheerleading is bound to be parodied by those of the opposing view -- witness Kmartsucks.net
's innovative design.
posted by me3dia
on Oct 30, 2002 -
BlueLight (Kmart) screws up Mp3 player price.
But refuses to honor order requests.
The Nomad Mp3 normally lists for $299 but a glitch had it listed as $29.99.
Word spread, and many ordered, but Bluelight is refusing to honor the orders.
Is this right or wrong? Granted this was a glitch, but what about truth in advertising???
posted by da5id
on Apr 20, 2001 -
ride's along with K-Mart's Blue Light Special
to offer free internet access and email. While what is considered the top ISP offering free internet; NetZero
, it would just seem much cooler
to be email@example.com
posted by sikk
on Feb 9, 2000 -