Corporate Failure

Sears Down to One California Store: A Retail Giant’s Demise

Sears will soon be down to one California store, and it’s hard not to feel a pang of nostalgia thinking about it. The simple fact is, Sears, once a retail behemoth, is shrinking, and the landscape of American shopping is changing before our very eyes. It’s like watching a piece of history slowly fade away.

It’s a sad story of missed opportunities, of a company that could have been so much more. Back when the internet was still a nascent idea, Sears had all the infrastructure in place for mail order. Think of the Sears catalogs, practically a staple in most homes, and imagine them seamlessly transitioned online.… Continue reading