The Long, Hard, Unprecedented Fall of Sears - Bloomberg
'When the Sears catalog first appeared on doorsteps in the 1890s, it fundamentally changed how Americans shopped. '
'Like today’s e-commerce powerhouse, the Sears catalog provided shoppers more choice than ever before, and at lower prices. '
'The combined decline of Sears and Kmart, in terms of sales, is unprecedented, said Greg Portell, an analyst at A.T. Kearney. '
'Searching for parallels of Sears’s fall through business history, Gordon could find none.“There is nothing like the decline of Sears and Kmart,” he said. '
'S&P Global Market Intelligence declared Sears the U.S. retailer most vulnerable to defaulting in the next year. '
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'When the Sears catalog first appeared on doorsteps in the 1890s, it fundamentally changed how Americans shopped. '
'Like today’s e-commerce powerhouse, the Sears catalog provided shoppers more choice than ever before, and at lower prices. '
'The combined decline of Sears and Kmart, in terms of sales, is unprecedented, said Greg Portell, an analyst at A.T. Kearney. '
'Searching for parallels of Sears’s fall through business history, Gordon could find none.“There is nothing like the decline of Sears and Kmart,” he said. '
'S&P Global Market Intelligence declared Sears the U.S. retailer most vulnerable to defaulting in the next year. '
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