There was a time when the Chairman and CEO of Sears Holdings (SHLD) said the following:
“At Sears Holdings, we seek to create long-term value for our shareholders. Like Apple, we seek to do so by improving our operating performance, innovating, and delighting customers.”
-Eddie Lampert, Chairman of the Board. Sears Holdings February 24, 2011. link.
Since February 24, 2011, when Sears Holdings (SHLD) was trading at $62.19, the stock price has declined to the present value of $0.34 or a loss a lot of money.
