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Given the current management practice of starving the business of all resources, I would imagine they work to maintain very low inventory levels. Of course, it becomes problematic during holiday season, when demand surges and suppliers are often unable to deliver. But when there's next-to-no...

Also interesting to ponder how they'll pull that off when they've already vacated every space where they could get an offer for the lease, which is basically all their prime locations. What sort of operation would team up with what's left of the company? One of those clearance places which sells...

Mr. Sub was always terrible. We just didn't know any better.

More like a Japanese version of Old Navy. But there's always a strong market for basic, low-cost clothing.

Target Canada's selection was actually closer to their US operations than most international retailers, certainly more so than Walmart. I was very surprised that they brought over a lot of their private and exclusive brands. Expecting a Canadian store to offer the same prices as an American...

Four years after the hotel opened, less than 40% of the condos and only 20% of the hotel units have sold. I make no judgement on the building's aesthetic merits, but in purely financial terms, it's hard to see how this is anything less than a disaster.

Nordstrom learned a lot from the Target fiasco. First, they started small, with just one store, and gradually opened more, as opposed to starting large like Target did. Second, they made sure they were well-stocked, and didn't expect to be hugely successful right off the bat. Target's failure...

From the article: "Only 50 of the 261 hotel units, marketed as investments to buyers who earn a fee when the suites are rented, and 44 of the 118 condo units have been sold since the project’s opening in 2012, according to the documents." Ouch.

After three years, there are still missing windows on the north side of the building.

Good luck to that, given their dwindling presence and buying power in the market. So yeah, looks like they're making a half-hearted attempt to rebrand themselves as an alternative to Winners. I'm thinking the latter, simply because Winners has already claimed that market and expanded...

Just like Sears would've been, only they couldn't find a buyer. Doesn't sound like they invested much at all. The article mentions the stores is now half the size it used to be. That sounds more a divestment to me than an investment.

"All the carpets have been removed, and the shelves and space dividers are on wheels, making it easier to create and collapse departments depending on what’s selling and what’s not..." ...and quickly vacate the premises should anyone show interest in buying the lease. ... *speechless*

Ah, okay. Thanks for the explanation.

From what I've read, he really believed the objectivist principles espoused by Ayn Rand would actually be beneficial when applied internally, which they clearly were not. So instead of having internal groups within the company working in harmony toward a common goal, they were all battling each...

Voters tend to favour politicians who promise no tax increases or even tax cuts and "fiscal responsibility", even though deferring maintenance and expansion inevitably costs more in the long run. So, budgets for transportation get cut or stay flat, even as the city grows and demand rises...

Yes and no. It might seem like a long time, but they also had a long way to fall, too. As a comparison, it took Eaton's over a decade to go from the first visible signs of decline to the final collapse, much longer if you factor in a few decades of stagnation prior to that. The irony is the...

That's from 2014, although I don't think much has changed since then.

And yet it was when Eaton's decided to go from being a middle-of-the-road retailer to a higher-end clothing retailer that their long, slow decline turned into a nosedive. They successfully alienated what remaining customers they had, without attracting any new ones. Turned out their new target...

Well, their last few years would make the current Sears seem competent in comparison.

No major new revelations here, but this article has a bit more insight into Lampert's ruinous reign: http://finance.yahoo.com/news/sears-obsession-wall-street-killing-113000631.html