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 -
Online communities to become more 'all-encompassing.'
If you join the SHC community on Sears.com, all web traffic to and from your computer thereafter will be copied and sent to a third party marketing research firm - including, for example, your secure sessions with your bank! The Sears.com proxy will send your logins and passwords along with a cleartext copy of all the supposedly secure data. But wait, it gets better
: you can only view the true TOS once the proxy has already been installed. [more inside]
posted by ikkyu2
on Jan 3, 2008 -