Sears Desperately Needs Euthanasia

Wow.  This is gonna leave a mark.

Sears Holdings Corp. lost $748 million last quarter amid falling sales, an even worse performance than the dismal losses of the period a year earlier. There is no obvious reason that the business might improve. And yet executives are still discussing how important its shopper loyalty program is “to the future and growth of the company,” as if the company were going to have growth, and shoppers and a future.

Source: Sears Transformed America. It Deserves to Die With Dignity. – Bloomberg View