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c.e.o. eddie lampert a hedge fund manager who have billions of dollars into sears but also he couldn't save it so it will also partly depend if he still will be willing to give spend more money so it is not impossible but it's certainly not going to be an easy task and instead use comes in as the latest retail figures are also being published what's happening in the rest of the retail sector right now. well it's surprisingly weekend that for a second month in the role we saw the retail sales only increasing by a point one per cent and so maybe that is partly due because of hurricane florence sitting there southeast of the united states we saw especially sales in bars and restaurants but also in department stores dropping quite a bit overall analysts are still pretty optimistic that we will see a pretty good holiday season with unemployment rate being almost at their lowest rate in almost fifty years it's quarter on wall street thank you very much for the analysis. authorities in germany are said to order a recall of one hundred thousand vehicles they were found to be equipped with an emissi
c.e.o. eddie lampert a hedge fund manager who have billions of dollars into sears but also he couldn't save it so it will also partly depend if he still will be willing to give spend more money so it is not impossible but it's certainly not going to be an easy task and instead use comes in as the latest retail figures are also being published what's happening in the rest of the retail sector right now. well it's surprisingly weekend that for a second month in the role we saw the retail sales...
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c.e.o. eddie lampert said with deadpan sarcasm he has hedge fund e.s.l. and related entities or sears holdings largest shareholders and largest creditors and what they have lent the company is secured by the company's best assets so the value of our assets that he has unlocked has already gone or will go to him and e.s.l. you and i were recently in a series in the past year it was bleak it was soviet like it was every all the workers were basically not motivated they were very unmotivated he couldn't find any help we walked around hello hello is anybody here and this was intentional because he already owned the best assets there was no reason for him to invest in any qualified workers for any building any brands here he had the best assets why why do anything more reminds me of serve philip graeme in the u.k. with. arcadia group where he made some acquisitions and then stripped out a billion pounds worth of equity in his wife's name in monaco and then you know left the arcadia group enormously and that is causing problems so eddie lampert is similarly of
c.e.o. eddie lampert said with deadpan sarcasm he has hedge fund e.s.l. and related entities or sears holdings largest shareholders and largest creditors and what they have lent the company is secured by the company's best assets so the value of our assets that he has unlocked has already gone or will go to him and e.s.l. you and i were recently in a series in the past year it was bleak it was soviet like it was every all the workers were basically not motivated they were very unmotivated he...
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c.e.o. eddie lampert a hedge fund manager who have billions of dollars into sears but also he couldn't save it so it will also partly depend if he still will be willing to give spend more money so it is not impossible but it's certainly not going to be an easy task and instead use comes in as the latest retail figures are also being published what's happening in the rest of the retail sector right now. well it's surprisingly weekend that for a second month in the role we saw the retail sales only increasing by a point one per cent and so maybe that is partly due because of hurricane florence sitting there southeast of the united states we saw especially sales of bars and restaurants but also in department stores dropping quite a bit overall analysts are still pretty optimistic that we will see a pretty good holiday season with unemployment rate being almost at their lowest the raid in almost fifty years is quarter on wall street thank you very much for the analysis. i'm now going to hand you back to brentford news about the floods in france that's exactly right have you at least twelve peop
c.e.o. eddie lampert a hedge fund manager who have billions of dollars into sears but also he couldn't save it so it will also partly depend if he still will be willing to give spend more money so it is not impossible but it's certainly not going to be an easy task and instead use comes in as the latest retail figures are also being published what's happening in the rest of the retail sector right now. well it's surprisingly weekend that for a second month in the role we saw the retail sales...
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victim to modern day capitalism for instance when eddie lampert it is the hedge fund merged kmart and sears and then and oh thirteen he took over as the c.e.o. people say some say that the quality went down that enjoyment went down the product quality went down the stores were dirty the management couldn't get help in one department or they wouldn't go come over from another department and then they bought up they sold of debt made loans and they had fun in some instances benefited so the priorities changed and that's that's why this. that many people attribute to the downfall and by the way lampard to be first in line in bankruptcy court others say celebrate sears no companies forever it's not too big to fail empires fail companies fail you go back to the dow jones original dow jones industrials twelve and eight hundred ninety six and none are still on there and only a few of the companies are left at all in any form so you have to look at it for what it was and that this was bound to happen especially when they didn't take advantage of the advent of the internet they fell behind at that point steve i want to put two questions into one the
victim to modern day capitalism for instance when eddie lampert it is the hedge fund merged kmart and sears and then and oh thirteen he took over as the c.e.o. people say some say that the quality went down that enjoyment went down the product quality went down the stores were dirty the management couldn't get help in one department or they wouldn't go come over from another department and then they bought up they sold of debt made loans and they had fun in some instances benefited so the...