InstitutionClaim Cited
Sears under Eddie Lampert
Under Eddie Lampert, Sears combined radically separated business units with highly concentrated capital allocation, so stores were asked to renew through internal markets and digital membership while brands, property, loans, and related-party transactions increasingly governed what remained possible.
Can internal competition and financial discipline renew an integrated retailer, or do they destroy the shared capabilities that make its stores, brands, workers, and customer relationships valuable together?