General Discussion
Showing Original Post only (View all)The demise of "Sears" [View all]
failing year after year.... but one thing they would not do to try and figure out how to modernize and survive.
They could have gone to any number of Black Colleges, and chosen a CEO from their Business Graduates.... and may have found out, different idea from a different ethnic cultural perspective may have helped them learn how to turn their store around.
All the once "dominant white society elements faded from prominence" along with that group who supported the "old model" of Sear, either died out, got old and in geriatric stages, or simply at the post retirement age that they no longer do frequent shopping.
20 yrs after no one was wear Polyester Jim suits, sears was still filling their racks with old 1960 style polyester suits and pants. of expecting people to buy 1960's mid west attire, when the whole nation has changed several times and they could not keep up.
They lost out everything, when they once provided 'everything".... Lack of Executive Diversity in a Changed World, brought them exactly what they got in this day and time... Stores that are closing "rapidly".
They never in a million years should have bought Kmart... But... they stuck with that one ethnic one dimensional thinking. And they've been loosing every since society became more Diverse.
They did not pay attention.... the crowed they once catered to.. fell apart after 1964 , the same one dimension thinking took down Montgomery Wards, and has Damaged JC Penny. We saw the same thing happen to F.W. Woolworth.
It would be great if some venture Capitalist understood the dynamics and went and scouted the black college campus, and take note to the ideas that people have and the business knowledge they have gained.
Look around at reality, blacks people contribution has revolutionized the music industry, has a profound effect on the tonality of a great many TV Commercials, has brought new dynamics to a multitude of Sports, and will soon being making progressive advancement into what and how the advances of Technology continue moving forth.
But,,, since they'd rather close shop and fail... then to give a black man/woman a chance at helping them survive. Then so be it.