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What Is Lampert's Next Sears Move?

Now that Edward Lampert is literally running the day-to-day show at Sears, will landlords see any changes in the way the retailer is run?

By Ian Ritter | Updated on January 09, 2013

It can be argued that hedge-fund manager Edward Lampert always ran Sears, but now that he has placed himself in the position of chief executive, he is officially in charge of the company’s day-to-day operations. Since being chairman after the merger of Sears and Kmart in 2005, there have been a flurry of CEOs running Sears Holdings, the last being Lou D’Ambrosio, a telecom executive who had spent years at IBM.

In fact, as this article points out, Sears has never really had a “retail person” head the company since Lampert has run the show. And now a someone with incredible investment experience, but little on-the-ground retail background is running the show.

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