"Sears revolutionized American retail not once but twice, and made a lot of Americans immeasurably better off," Megan McArdle writes in Bloomberg. "But Sears built a great business for an America that no longer exists."
Sears, Roebuck was a good Illinois company that was lifted into greatness by a Springfield native and which reshaped life in small town and rural Illinois.I have written critically of the current management here and here. My anger about the current owner’s bungling owes in some part to my own affection for the Sears I knew as a youth in Springfield. I wore Sears clothes and rode a Sears bike that I repaired with Sears tools, and thought the store on South Grand was rivaled in magnificence only by the statehouse and Centennial Building. It deserved a better end.