Sears Holdings Corp. investors were hoping to cash in on the financial genius of hedge fund manager and Chairman Edward Lampert, who swiftly transformed Kmart from a bankrupt discounter into a real estate gold mine.
But instead of being treated to a dazzling demonstration of wheeling and dealing, shareholders so far have gotten only a sobering dose of retailing reality as the company struggles with sluggish sales and tough competition in an industry dominated by Wal-Mart Stores Inc.
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But instead of being treated to a dazzling demonstration of wheeling and dealing, shareholders so far have gotten only a sobering dose of retailing reality as the company struggles with sluggish sales and tough competition in an industry dominated by Wal-Mart Stores Inc.
http://www.chicagobusiness.com/cgi-bin/news.pl?id=18592Also check out:
