December 07, 2018

Our distance to failure is only 90 days - Sears and Roebuck filed for bankcruptcy in October

PAGSASANAY SA TAGUMPAY

1.  Our distance to failure is only 90 days says the Chair of Jollibee. True? Incredible


                                                                 The landmark of Chicago -
                                                                          the Sears tower





      Sears files for bankruptcy

     Witness a Giant in retailing in more than  a century in USA, with the Sears Tower in Chicago filed for bankruptcy in October , putting to risk or end the jobs of 68,000 people.  What happened?

     The trend was for retail online.  People went for Amazon, eBay and Alibaba.   Walmart with its
  low cost offering took away much of the business.

      Edgar Lampert the former CEO is stepping down, but at the same time negotiating for a buy out of its store base for $4.6 Billion.    That is the current market cap of Sears.


2.  Importance of education and learning


What is education and learning




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