Relevant lessons learned from another industry
SummarySears going Chapter 11 probably doesn't come as a shock, but remaining relevant should always be a part of your every day.
Good afternoon everyone and happy Monday to you,
Like many people, I woke up this morning grabbed my cup of Joe and read a little bit on my phone on the commuter train in to find out that Sears is going Chapter 11. For some folk, this may not come as a total shock - if you have been following their story for a bit - Sears has been in a situation where some of the stores have been getting shuttered over the last few. But the last round comes from and is in reaction to a $125M debt that has not been able to go away.