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Shop Talk

Retailers, consumers and prices

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November 30th, 2007

Street, media ignore Sears progress - Lampert

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Posted by: Brad Dorfman
Tags: Shop Talk

lampert.jpgSears Holdings Chairman Edward Lampert apparently wasn’t happy with the media coverage an analyst comments following the retailer’s disappointing earnings report Thursday.
 
“While we were not pleased with these results, much of the commentary in the media and on Wall Street following the results ignores the strength of our company and the progress that we have made,” Lampert said.
 
Read the entire letter  and tell us if you agree or disagree.

(Photo: Reuters)

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One comment so far

December 1st, 2007
12:20 am GMT

I find it difficult to have any sympathy for Lambert. His performance is abysmal. Thursday’s NewsVisual article on Sears Holding Corp’s Board of Directors examines the members’ level of corporate connections, and it implies that they fall short in that category. They are also relatively young, at least if you compare their average age to other corporate boards. So I wonder about the human factor.

- Posted by Sue

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