Lampert and Mulally talk turnaround

|By:, SA News Editor

Sears Holdings (SHLD) CEO Eddie Lampert met with Ford CEO Alan Mulally earlier this year to solicit restructuring advice, according to Reuters.

Sources indicate Lampert might have also been testing the waters to see if Mulally would consider taking the CEO job at the struggling retailer after his stint at Ford is over.

A turnaround at Sears is considered by most analysts a herculean task.