Sears' CEO Pick Leaves More Questions Than Answers
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Sears Holdings Corp.'s appointment of a new CEO rich in technology expertise but short on retail experience is leaving many wondering what direction the owner of the struggling Sears and Kmart stores is heading. The appointment of Lou D'Ambrosio came just hours before Sears reported another weak quarter, even though results from competitors Target Corp., Kohl's Corp. and Home Depot this week show shoppers are spending more.
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- Companies:
- Home Depot
- Target
- People:
- DAmbrosio
- Lou D Ambrosio
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