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ericpp | 2 months ago

Meanwhile Sears is still thriving in Mexico under different ownership.

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tdeck|2 months ago

Interesting fact. It reminds me of how K-Mart is apparently big in Australia despite having died a slow and pathetic death in the US. Or how Yahoo is still a thing in Japan.

musicale|2 months ago

Almost tells you that there is something wrong with the business incentives in the US; or perhaps sequences of activities like starting with a leveraged buyout, saddling the new company with debt, and subsequently gutting the company to make the huge interest payments, usually to the principals of the deal, are considered gross mismanagement, conflicts of interest, and breaches of fiduciary duty rather than good ways to "unlock value".

marbro|2 months ago

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