Screenshot_20191117-130315_Course Hero_17_11_2019_13_07 - 1:03 I I ’0 >3*3 $51.III 80 I 6 Question View Q3 This question has 1 answer g joyrenzel

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Unformatted text preview: 1:03 I: I: ’0 >3 *3 $51.: .III 80% I 6 Question View Q3 This question has 1 answer g joyrenzel answered the question 1 of 1 found this answer helpful F3 The size of the kmart/sears entity after the merger does NOT give it a competitive advantage because the engineer of the merger Eddie Lampert failed to reinvest in the company but instead milked the company washing way its assets (1).By 2008,3 years later after the merger the company had the lowest rate of capital investment to sales of any ,major US retailer(1). Large portions of cash were diverted were diverted to buy back shares (1). Explanation: Carpex -starved stores like Kmart/Sears look old and tired .This does not result in any competitive advantage . February 2008,EBITDA fell to $2056 million ,a 44% decrease (1). Ill 0 < ...
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