Friday, October 11, 2013
Is This Retailer Gunning for Amazon?
Is it possible that this down and out retailer has a game plan to take on Amazon.com (NASDAQ: AMZN ) ? Amazon is by far the leading online retailer, but it might surprise most investors that Sears Holdings (NASDAQ: SHLD) is considerably along the path toward being a leading online retailer.
No matter what investors think of the plans that CEO Eddie Lampert has undertaken by limiting spending on sprucing up stores, the company has made plans to become a leading online retailer.
Sears has even recently advanced fulfillment services to include same-day delivery or in-store pickup that might offer a compelling advantage over Amazon.
Read the full article here.
Disclosure: Long SHLD. Please read the disclaimer page.