We’ve all heard them, the Lands’ End “legends of customer service”—things like free fabric swatches, complimentary tailoring on dress pants, custom-made chinos and extended phone conversations with friendly call center reps.
Indeed, its laser-like focus on customer satisfaction is one reason the company garnered a 93-percent net income increase in the last fiscal year. Undoubtedly it’s also one of the reasons why retail giant Sears in May announced plans to acquire 55 percent of Lands’ End’s stock for an estimated $1.9 billion.
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Lands’ End’s Strategic Advantage
We’ve all heard them, the Lands’ End “legends of customer service”—things like free fabric swatches, complimentary tailoring on dress pants, custom-made chinos and extended phone conversations with friendly call center reps.
Indeed, its laser-like focus on customer satisfaction is one reason the company garnered a 93-percent net income increase in the last fiscal year. Undoubtedly it’s also one of the reasons why retail giant Sears in May announced plans to acquire 55 percent of Lands’ End’s stock for an estimated $1.9 billion.