I got a big laugh when I read the lead editorial of the New York Times today. They must have been reading my blog post from October 13–Sears came first! The picture above (from a stereoptican viewer which allowed two photos to seem three dimensional)shows workers filling orders in much the same way that Amazon fills orders today.
The editorial also touched on an aspect of Sears’ failure that I am too uninformed to write much about. I only know that many companies were bought up by others and ended up with crippling debt. Sears also had enormous debt. Ironically, in the end, it was the real estate under the stores that held the most value. As they sold off stores they were really selling the land. Near us the Sears was torn down and replaced by REI, a giant sporting goods store with excellent customer service. The lot also now houses a Shake Shack. Apparently Americans’ love of fast food continues apace. But by the time that Sears closed it resembled something, as one reporter put it, reminiscent of a Soviet state store–bleak and understocked.