Sears Issues

190 Words1 Pages
The main challenge on the Corporate Level is refocusing Sears’s business plans to focus on the core business of the company rather than focusing on the diversified ventures. The struggle comes with deciding the direction of the company. Many question whether the current CEO, Edward S. Lampert, has no idea how to run a retail company. The Washington Post states that Lampert’s critics say Lampert just does not have a merchant’s instinct (Halzack, 2017). Lampert’s tenure has been marked by a revolving door at the highest levels of management and several former Sears’s executives say that stores have suffered because Lampert did not pour more money into their maintenance or growth (Halzack, 2017).
These issues should be addressed by the board