- Nov 1, 2016
- Reaction score
A lesson from the Sears bankruptcy
Once called the colossus of retailing, Sears filed for bankruptcy on Monday. While the Sears name may yet reemerge in smaller form, its demise offers a cautionary tale – and not just on the need for constant innovation in business. While Sears was long a trusted brand name, it never was a vital center in the local communities that it served.