FastSaying
The entrance strategy is actually more important than the exit strategy.
Edward Lampert
Actually
Entrance
Exit
Important
More
Strategy
Than
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Every exit is an entrance somewhere else
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I was very clear why we put these companies together and what our goals were. It was really to allow both Sears and Kmart to compete in what I thought was going to be a more challenging but evolving industry.
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That's why they don't talk about an exit strategy. They don't intend on exiting.
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We're in there without a strategy to win, and without a strategy to exit properly, and now the president's asked for $87 billion to prosecute it,
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Look on every exit as being an entrance somewhere else.
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