Comments on: Sears to Split Up Businesses, Adopt Holding Company Structure http://www.peridotcapitalist.com/2008/01/sears-to-split-up-businesses-adopt.html Stock market and investing blog published by Chad Brand, Founder/President of Peridot Capital Sat, 11 Feb 2012 23:26:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: RetireRichBlog http://www.peridotcapitalist.com/2008/01/sears-to-split-up-businesses-adopt.html/comment-page-1#comment-808 RetireRichBlog Fri, 25 Jan 2008 14:43:00 +0000 http://www.peridotcapitalist.com/?p=543#comment-808 Lampert's a billionaire already, my money's with him....his track record speaks for itself....there's a method to his madness. Lampert’s a billionaire already, my money’s with him….his track record speaks for itself….there’s a method to his madness.

]]> By: Chad Brand http://www.peridotcapitalist.com/2008/01/sears-to-split-up-businesses-adopt.html/comment-page-1#comment-806 Chad Brand Wed, 23 Jan 2008 18:25:00 +0000 http://www.peridotcapitalist.com/?p=543#comment-806 I would have to think that bringing in a manager for each of the business segments is a step in that direction. If the stated goal is autotomy among business lines and decision makers, I hope he plans on stepping back, otherwise what would the point be? We'll just have to see what comes of this. Hopefully we see some announcements over the course of the year. I would have to think that bringing in a manager for each of the business segments is a step in that direction. If the stated goal is autotomy among business lines and decision makers, I hope he plans on stepping back, otherwise what would the point be? We’ll just have to see what comes of this. Hopefully we see some announcements over the course of the year.

]]> By: Wayne Mulligan http://www.peridotcapitalist.com/2008/01/sears-to-split-up-businesses-adopt.html/comment-page-1#comment-805 Wayne Mulligan Wed, 23 Jan 2008 18:03:00 +0000 http://www.peridotcapitalist.com/?p=543#comment-805 That's great and all but if Lampert doesn't step back and allow these managers to work on their own, then the plan is still far from being good. There was a very candid piece on portfolio.com last week that outlined some of the problems with the retailing giant. One of the primary ones - that I don't think this plan addresses - is Lampert micromanaging everything in the company.<br/><br/>He's not a retailer - he's a capital allocator. He should step back, let these guys work and then be responsible for capital budgeting.<br/><br/>Just my two pennies. That’s great and all but if Lampert doesn’t step back and allow these managers to work on their own, then the plan is still far from being good. There was a very candid piece on portfolio.com last week that outlined some of the problems with the retailing giant. One of the primary ones – that I don’t think this plan addresses – is Lampert micromanaging everything in the company.

He’s not a retailer – he’s a capital allocator. He should step back, let these guys work and then be responsible for capital budgeting.

Just my two pennies.

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