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Lessons Learned From Sears' Long Decline

8 days ago   |   By

With almost everything done but the yelling at Sears Holdings Corp., the retail industry has had time to process the lessons of the company's epic failure.
The quick takeaways are a set of back-to-basics business truths - sell consumers what they want, provide a good experience, keep up with the times, be quick to transform and lay off the debt.
While those lessons might be easy to articulate, they still need to be learned by many and even when their importance is realized, can be hard to execute in a large legacy business heading down some version of the Sears path.
Retailers racing to...
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