this post was submitted on 03 May 2024
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Mildly Interesting
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so weird. sears was such a powerhouse... a pillar of retail for so long. it was legendary during my youth. kinda sad how it was sold off/collapsed piece by piece, department by department
What's really amazing to me is they could have EASILY pivoted and become a mega online retailer like today's Amazon. They literally had all the pieces already in place with their catalog/mail order/warehouses.
Same thing happened to Blockbuster, the giants never think their day will come
At least Blockbuster had the excuse of a major technology change that obsoleted their entire business. You could argue they should have foreseen that as they were consolidating the industry and done more to welcome new models, but they were doomed.
Sears could have been a contender. They had all the advantages and fell through their own bad vhoices