Sears Has Come Back from the Brink Before
Harvard Business Review
OCTOBER 28, 2014
Concerns that it wouldn’t have enough cash to finance its holiday stock has apparently led to the company to sell real estate, spin off its Lands’ End brand, and raise $625 million in unsecured loans and equity warrants. But from the average consumer’s point of view, it can be hard to see Sears’ competitive advantage right now.
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