Cracker Barrel loses almost $100 million in value as stock plunges after new logo release

[Bluetus]

112. Agree with all of that

Yes, the paint is a huge issue -- very heavy.

It is not just Sears and United, of course. It is the parade of Harvard MBAs that have done enormous damage to this country and its competitiveness. In the earlier part of the industrial revolution, most companies were led by people who had worked their way up through the company. Now that seems to be the exception, and if a company is not completely controlled by vulture capitalists that know nothing about the business, it is likely that the executive offices are dominated by people whose main skills are financial trickery and stock manipulation.

The irony with Sears is that they were in the "Internet model" 100 years before there was an Internet. Replace "catalog" with "website" and you basically have Amazon 100 years earlier. In the days when the majority of the population was rural, most of Sears' sales were mail order. If there ever was a company that was set up to make the transition to the Internet, it should have been Sears.