by Kevin Coupe
CBS Sunday Morning had a story the other tracing the evolution of Sears, looking at how it reinvented itself and innovated consistently over the years … until it didn’t, and became irrelevant and virtually obsolete.
Now, as it faces imminent and perhaps inevitable collapse, stores are closing. Stew Leonard Jr., whose eponymous company is taking over a New Jersey Sears, says that the scenario reminds him consistently of the necessity for change and innovation.
It is worth watching … and seeing as a cautionary tale.
- KC's View: