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  • billberggren billberggren Nov 2, 2004 12:50 AM Flag

    Fire the ceo!

    That is why Lampert is there. Sears would have gone Bankrupt without him. He demands shareholder value and to get shareholder value you have to have earnings. Whether, you like to agree you can look at shares outstanding to see if a company is corrupt. If shares outstanding go up more than 5 percent a year your company is corrupt. Sears is losing shares.

    Yes, same store sales are very important, and that is what dooms a company long-term, stores like target and kohls and even walmart are the hot new stores on the block. Then after a decade, their same store sales will start to drop. Either the management takes action or the stock fails. Sears has been around since 1920, it is no longer a hot new store but an icon. I bet, Sears will go to a sustainable store that will last for centuries rather than decades.

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