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J. Clarke[_4_] J. Clarke[_4_] is offline
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Default Sears to sell Craftsman to Stanley/B&D

In article 9qu4kd-4gq2.ln1
@oceanview.tundraware.com,
says...

On 01/05/2017 03:54 PM, Leon wrote:
ears cannot survive at this rate, thank you K-Mart.


This has little to do with K-Mart. These traditional retailers
are getting their lunch handed to them because they did not
adapt to the world of eCommerce in a timely and effective way.


And in the case of Sears it's really sad because
as one of the pioneers of mail-order it would
have been a natural extension of their original
business model.

But it's an old story-company comes up with a
good idea and then can't believe that anybody
can better it.

Amazon has set the bar very high for very fast delivery, great
pricing, and painless returns ... all from your living room. Some
traditional vendors figured this out. Some - Sears as one example -
did not. They're done for.

Capitalism and markets seek efficiency and punish the lack thereof
mercilessly. Creative Destruction is bad for individual actors,
but good for the marketplace overall.