John Deere 1837 and still here but if they makes mistakes and don't bother to change course they will fail too. I understand exactly what you are saying and I agree Sears was the model that everyone copied but they started breaking down and did nothing to change it, they didn't leave the table with their chips. They were permanent residents in the skyscraper named after them and now they are lucky to get a room at the Motel 6.
That is a pretty sad end wouldn't you say, some would call that a major failure.
In my lifetime Sears moved from catalog sales to unimaginable brick & mortar real estate …
Right in the middle of things in what was once the nicest of areas. A cornerstone of the big mall era.
During this same period SW Bell (att) was the 2nd largest employer in Houston … why? It was the industrial age and they did things with copper wire … So did Sears = massive workforce to run things … Legacy $ effects burden
Cameron Iron Works was #3 and had a huge plant in area that has no industry now. The era is over … we just need larger container ships and a barista selling coffee to the girl who cuts his hair … but Sears was now physically trapped
In Houston there are several huge former Sears stores in areas I would not drive through with an M1A1 tank. These I shopped at frequently years back - 3rd world country now. Many large cities contain numerous Sears stores just like that. What decision did Sears make that led to cities in major decay and crime riddled- that chased shoppers out - and killed the value of this formerly prime real estate and significant corporate investment … They didn’t but we can’t get into just who did. I watched them put a police station in the mall next to Sears … but that could not fix things - It was too late. Drug lords had won over more territory …
Now, Walmart started in small towns … waited a long time before coming into the cities … moving outside inward … not too far knowing what had happened to Sears. They added grocery sections to the super center … good move.
Along came Home Depot and Lowe’s and they became dominant by chasing the suburban flight. Started fresh in better places that were still expanding to get out of the Sears ghettos
But, Amazon is the most unique … immune to so much of this … they started beyond fresh without any balls & chains … technology was already there … put warehouses away from many of these crazy places … and besides the shoppers did not go there. Amazon was just one of many companies that replaced Sears … And it continues … It was a first for me to order a canoe online last night - but my son already got his new Ram that way.
We can’t even predict who’s going to be the big names 5 years from now … I’m still in a daze to see that freckled kid worth $109 billion …