The time is now!...Split the company up, close underperforming stores, sell some real estate, do something, the status quo is not working!..The time is now!!...What are you waiting for?...Time is the enemy...THE TIME IS NOW!!!!
Monetizing the retail assets will not be easy as Eddie thought. Just no market for the real estate. Still believe Eddie will close most or all of the K-Mart locations or convert a major part of the Sears stores (soft goods) to leased departments. But I agree, it's time for an 'event' - Eddie has done about as much cost out as you can and it does not appear profits are forthcoming. Their is just no way Eddie will put any cash into this dead man walking.