Could Alan Mulally's Next Big Turnaround Be The Sears Retail Chain?

According to people that have knowledge of the encounter, Ford’s soon to be retired CEO Alan Mulally had meetings with Sears Holdings Corp’s Eddie Lampert.

The Sears controlling shareholder is said to have met with Mulally sometime earlier this year, and according to the two sources he sought tips on how to spawn a turnaround for the troubled retailer. According to the two people, Lampert, who is a billionaire hedge fund manager, went to Ford’s headquarters either in February or March to see Mulally – although from now the account differs.
 

ParadoX - 6/9/2014 11:38:57 PM

+1 Boost

Sears is going to die because of long term structural changes in the economy. Nothing can be done for them.

MattDarringer - 6/10/2014 9:21:22 AM

+1 Boost

Sears has lost out to Target and needs a complete rethink. The marriage to Kmart was stupid beyond belief.