The 5 Ways Ed Lampert Destroyed Sears
USAToday alerted investors this week that when Sears Holdings reports results on Feb. 25, they will be horrible. Revenues down another 8.7 percent vs. last year. Same-store sales down 7.1 percent. To deal with ongoing losses the company plans to close another 50 stores, and sell another $300 million of assets. For most investors, employees and suppliers, this report could easily be confused with many others the last few years, as the story is always the same.