Holding Sears Holding

摘要

Ok, enough's enouth.. After yet another round of news stories and commentary about what's wrong at Sears and how the end is coming and, hey, why can't they be the way they used to be, or at least the way others think they should be: After all of that, I can't take it anymore. What part of cash flow management don't you all get? While just about everyone laments about the coming demise of Sears Holding as a viable retailer, what they all seem to fail to realize is that Sears and Kmart stopped being viable retailers years ago. The corporate strategy is not about being retailers. It's about managing cash flow and draining said flow out of that corporate body.