What Exactly is Going on With Sears?

[ptradmin]

We like to watch the news. Lately, we keep seeing a lot of news about Sears Roebuck & Co. and Craftsman Tools... and the news hasn't been so hot. Our desire for writing this article started off when we noticed Craftsman tool showing up in Menards - and this after the brand was allowed to be sold in local Ace Hardware stores just a short while ago. Then, there is the history of some odd CFO turnover in the company over the past several years, and things got even more interesting when a local K-Mart-turned-Sears Essentials turned back into a K-Mart... Then last week, in yet another turnover, the president of Sears Holdings Corp.'s Kenmore and Craftsman brands, Scott J. Freidheim, sent in a letter of resignation after taking the job just 7 short months ago. In the SEO filing (which is mandatory in publicly traded companies) Scott's reason for resigning was "to pursue another opportunity". So this begs the question: What the heck is going on with Sears?

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