Re:Sears has another chance to avoid closing down
by reaperducer on Tuesday January 08, 2019 @11:55AM
(#18857038)
many of the long-time employees were making pretty decent money. Way more than people at Best Buy, Target or Walmart made. Plus actual benefits. The must have had huge legacy costs, especially at the higher levels.
There was an analyst on Bloomberg Radio last week or the week before who said the big reasons for Sears' demise were pension obligations, and store managers who didn't know how to manage stores or people.
There was an analyst on Bloomberg Radio last week or the week before who said the big reasons for Sears' demise were pension obligations, and store managers who didn't know how to manage stores or people.