- There's little traction for shares of Sears Holdings (SHLD -3.3%) as a new 52-week low is set in early trading.
- Analysts have beaten up the retailer for its lack of clear direction following its sales report last week and investors have backed off in droves.
- In a largely ignored corporate blog post last week, CEO Eddie Lampert said Sears is transitioning from a business focused on running a store network to one serving members via digital devices and its Shop Your Way program.
- Though the company has been hailed before for breaking some ground in the technology field, the transition to a different model is hard to square with the large retail footprint Sears still has to contend with.
New low for Sears Holdings as questions abound
Jan 14 2014, 10:57 ET