What the Gutting of Sears Tells Us About America

by Sam Pizzigati – Sears is fading. Fast. The 124-year-old retailer — the place where all America once shopped — is tumbling into a shopping horror. At some Sears stores, recent news accounts report, ceilings are collapsing, rats are racing, and toilets aren’t working “for weeks on end.” Job cutbacks and a decade of under-investment have left store shelves bare — and customers on their own. “You could fire a cannon in any direction and not hit one salesperson,” Michael Looney, a former Sears employee in California, recently told Business Insider. Lampert’s Way Meanwhile, the hedge-fund billionaire who’s been running Sears the last dozen years is keeping up a brave front. Eddie Lampert is sticking to his story that Sears is wondrously transforming itself into a “member”-oriented retailer for the online age. But business analysts have been ridiculing these claims ever since Lampert started making them. They see the Ayn Rand acolyte as an ideologue who’s left Sears “ravaged by infighting.” In 2014,...

Read More...


Amazon Waves Goodbye To The Confederate Flag

By JESSICA GOLDSTEIN, ThinkProgress – If you wanted to buy a Confederate flag last week, you would’ve had options. Even in the immediate aftermath of the murder of nine black churchgoers at Emanuel A.M.E. in Charleston, you could buy it all over: at Walmart or Sears or K-Mart. You could get your hands on one without even leaving the comfort of your Confederacy-loving home, by ordering your flag, or flag-adorned apparel, on eBay or Amazon. But no more. Less than a day after Gov. Nikki Haley declared the Confederate flag had no business flying above the South Carolina State House, Walmart, the biggest retailer in the United States, announced that Confederate flags would no longer be for sale at its stores or on its website. Sears, too, is pulling the Stars and Bars from the shelves of Sears and K-Mart stores (the former owns the latter). By Tuesday midday, eBay...

Read More...