shld-long

What's Wrong with Eddie Lampert's Strategy at Sears?

RSTO is a distribution play. I love how analysts try to rationalize how RSTO's ttm sales would not move the needle for Sears. Sears is a distribution platform, it only needs the products. RSTO success may have been limited by its lack of scale. The RSTO real estate is probably worthless (expensive leased stores) and no point in keeping around.