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dimanche 25 mars 2012

The inexorable march of creative destruction

In Retreat, Sears Set To Unload Stores

? The Wall Street Journal, Feb. 24

Retreat need not mean surrender. Still .?.?.

In 1886, a shipment of $25 watches from a Chicago jeweler was rejected by the addressee in Redwood Falls, Minn. The jeweler offered to sell the undeliverable goods for $12 apiece to a railroad station agent, who could then sell them to other agents, of whom there were more than 20,000. Which is what the agent, 23-year-old Richard Warren Sears, did.

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Source: http://feeds.washingtonpost.com/click.phdo?i=aa75cdfc1bf64fdf3cc6d5fa331559ee

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Publié par Shoping dress à 07:15
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