Sears was the Amazon of its heyday. Now it's a zombie.



TwitterFacebook

A giant company crushes an outmoded and overpriced retail industry by pioneering a new mode of shopping in which people never have to leave their homes. 

Yes, that narrative applies to Amazon, but it is a trail blazed by a far older company—Sears.

The crossing of their paths this week—Amazon announced it will now sell Sears’ Kenmore appliances—paints a stark picture of two transformational businesses on opposite ends of their business lives. Sears is now a life-support husk of an American industrial titan, while Amazon’s on a seemingly unstoppable tear reminiscent of the 124-year-old department store’s own mid-century reign. Read more…

More about Amazon, Retail, Sears, Business, and Big Tech Companies



Source link

Share This Post