In light of Sears' (SHLD) most recent woes, Felix Salmon thinks it's worth contrasting the...

|By:, SA News Editor

In light of Sears' (SHLD) most recent woes, Felix Salmon thinks it's worth contrasting the company's struggles with the overwhelming success of Apple's (AAPL) stores. While Apple invested lavishly in its stores, Sears invested far less per square foot than the industry average, choosing instead to spend billions on stock buybacks. Salmon's takeaway: "Steve Jobs was never very good at financial engineering; Eddie Lampert has never been very good at anything else."