{"id":26622,"date":"2011-12-28T10:19:30","date_gmt":"2011-12-28T15:19:30","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=26622"},"modified":"2011-12-28T10:19:30","modified_gmt":"2011-12-28T15:19:30","slug":"sears-as-lamperts-mismanaged-asset-loses-customers-to-macys","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2011\/sears-as-lamperts-mismanaged-asset-loses-customers-to-macys.html","title":{"rendered":"Sears as Lampert&#8217;s &#8216;Mismanaged Asset&#8217; Loses Customers to Macy&#8217;s"},"content":{"rendered":"<p>Bloomberg &#8211; When Kmart acquired Sears in 2005, Chairman Edward Lampert said the new company would have the geographic reach and scale to compete with Wal-Mart Stores Inc.<\/p>\n<p>The billionaire hedge fund manager has since presided over 18 consecutive quarters of declining sales. He&#8217;s on his fourth chief executive. While Sears Holdings Corp. shares soared in the first few months after the merger, they&#8217;ve fallen 55 percent in 2011 alone.<\/p>\n<p><a href=\"http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/g\/a\/2011\/12\/28\/bloomberg_articlesLWW82O6JIJUO.DTL\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; When Kmart acquired Sears in 2005, Chairman Edward Lampert said the new company would have the geographic reach and scale to compete with Wal-Mart Stores Inc. The billionaire hedge fund manager has since presided over 18 consecutive quarters [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26622","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=26622"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26622\/revisions"}],"predecessor-version":[{"id":26624,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26622\/revisions\/26624"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=26622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=26622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=26622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}