Description: Sears used to be an American retail icon. Ditto for Sears-owned Kmart. But with sales plunging and losses mounting, the only thing left for Sears to do is sell assets and close stores. That’s not a reason to buy the stock.
Source: CNNMoney.com – video report
Date: May 15, 2014
Questions for Discussions:
- Why is Sears in trouble?
- Can the company be returned to the valuations it once enjoyed?
- How should managers respond strategically?