Lampert Archives - Market Mad House

daniel August 16, 2015February 4, 2016 Eddie Lampert, Eddie Lampert could go down in history as one of the most destructive forces in the history of American retail., Kmart and Sears could disappear next year, Kmart has Lost 67% of its Business in 15 Years, Kmart is now smaller than Dollar General (NYSE: DG), Kmart reported sales of $37 billion which shrank to $12.1 billion in 2014, Kresge, Lampert, Retail Apocalypse, Retail Apocalypse Gets Worse, S.S. Kresge Co., Sears Could be out of Money Next Year, Sears Holdings (NASDAQ: SHLD), Seritge Growth Properties, The Incredibly Shrinking Kmart

Kmart has Lost 67% of its Business in 15 Years

The revenue figures show us that Kmart is now smaller than Dollar General (NYSE: DG). Dollar General reported a TTM Revenue of $19.31 billion on April 30, 2015.

The Death Spiral

daniel May 22, 2015March 22, 2016 Amazon, American Express, AMZN, Charley Munger, COST, Costco, Disruptive Technology, Eddie Lampert, Lampert, Retail Apocalypse, Sears, Sears Canada, Sears Closing, Sears Closings, SHLD, SRSC, Target, TGT, Warren Buffett, WMT

Is Sears Canada Worse Than Sears USA?

When is a $59.1 million loss and a 4.3% percent decline in same-store sales good news for a retailer? When the company is Sears Canada (NASDAQ: SRSC), that’s when.

The Death Spiral

daniel May 6, 2015March 26, 2016 Benjamin Graham, Charley Munger, Costco, Eddie Lampert, Kmart, Lampert, LE, Mr. Money Mustache, Retail Apocalypse, Sears, Sears Closing, SHOS, Wal-Mart, Warren Buffett, WMT

The Strange World of Eddie Lampert

The transformation, like the Lands’ End (NASDAQ: LE) and Sears Hometown & Outlet (NASDAQ: SHOS) spinoffs, is actually the looting of Sears. Like a dictator who has destroyed his nation’s economy, Lampert is now selling its resources off to the highest bidder. Then he pockets the proceeds and flies away in his private jet.