👓 The Incredible Shrinking Sears | New York Times

Read The Incredible Shrinking Sears by Julie Creswell (nytimes.com)
How a financial wizard took over a giant of American retailing, and presided over its epic decline.

One has to wonder why shareholders aren’t going berserk over what’s happening to their value here. Even a small multi-million dollar settlement seems insignificant to the overall value they seem to have lost, even in a market space that would seemingly be shrinking. Someone somewhere isn’t minding the store like they should and it feels like some self- and double-dealing is going on.

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