Sears CEO Eddie Lampert has offered to take a larger equity position in Sears Hometown & Outlet Stores, his ailing company’s ailing specialty-store spin-off. But according to the author, that only promises more of the same decision making that put Sears Holdings in its current bind.
“Appliances used to be a mainstay of Sears, but now the retailer lags far behind the competition. Does Eddie Lampert want to do for Sears Hometown & Outlet Stores what he’s done for the retailer’s one-time parent Sears Holdings?”
