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Sears Holdings (SHLD) Chairman Eddie Lampert's letter to shareholders pitches the case as to why...

Sears Holdings (SHLD) Chairman Eddie Lampert's letter to shareholders pitches the case as to why the company's retail strategy is ahead of the curve. The exec notes Sears doesn't suffer the operating losses of money-losing stores and isn't penalized by the rating agencies for the accompanying lease expenses tied to store upgrades. He also says that unlike many peers the company is able to generate significant cash from the net inventory invested in the stores.
Comments (5)
  • better than jcp. that's for sure
    1 Mar 2013, 09:36 AM Reply Like
  • True, but JCP, specifically Ackman could have some tricks related to GGP and JCP, it does not appear to be a coincidence IMO. Long $SHLD, Looking at entering a small position in $JCP sometime in the near future
    1 Mar 2013, 10:24 AM Reply Like
  • Unload KMart the big error
    1 Mar 2013, 09:50 AM Reply Like
  • This was actually a very good and positive shareholder letter. Sears is is doing some innovative things with regard to their operations that are paying off. Investments in their membership program, store technology, and online are going very well. Eddie also logically addresses the underinvestment in the stores which appears to have been the right moves given the recent action in $BBY, $JCP and $BKS.
    1 Mar 2013, 10:46 AM Reply Like
  • The naked shorting is driving the stock price down.

     

    Lampert's plan is working.
    1 Mar 2013, 04:49 PM Reply Like
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