Re: Orchard Supply files Chap 11
Author: Margaret (SP fan)
Date: 06-17-2013 - 12:13
Actually, according to Wikipedia, in 1996, Sears bought
OSH, and sold part of this (19.9%) to an LA holding
company, which seemed to me to ONLY be interested
in playing Monopoly with the money, and NOT in doing
a really GOOD job of selling hardware. This is exactly
what happened to Mervyn's and to Marie Callender's.
This is very sad -- another great California retail company
is sold to uncaring interests.
The race to the bottom continues. Sad, sad, sad......
The late Al Smith is probably spinning in his grave.