
Sign up to save your podcasts
Or


Well, it finally happened. Sears is going under. Twenty-two years after our data showed that it’s Information Velocity could not support its growth. In 1996, Sears IV was 14 days slower than Walmart. Today, it is 33 days behind. Sales peaked at $53B in 2007 and are now $16B. Walmart was $380B in 2007 and is now $500B. Eddie Lampert, Sears’ CEO, did not even read his own data!! Some investment genius….? Recorded 10/26/2018
By Future Creators3
22 ratings
Well, it finally happened. Sears is going under. Twenty-two years after our data showed that it’s Information Velocity could not support its growth. In 1996, Sears IV was 14 days slower than Walmart. Today, it is 33 days behind. Sales peaked at $53B in 2007 and are now $16B. Walmart was $380B in 2007 and is now $500B. Eddie Lampert, Sears’ CEO, did not even read his own data!! Some investment genius….? Recorded 10/26/2018