General Discussion

halfulglas

(1,654 posts)

62. Felt the same about the Montgomery Ward-Kmart fiasco.

Fri Dec 30, 2022, 03:31 PM

Dec 2022

Back when I lived in a small town in Connecticut my Montgomery Ward was the dependable source for so much of my shopping, especially since for a big part of my time there, my husband was out of town on business for most weekdays with our at that time only car. Even though I don't live there any longer, to have that great company destroyed made me want to cry.

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Found on Facebook, written by a Southwest pilot: [View all] Ocelot II Dec 2022 OP

That was very interesting. Thank you for posting! Nictuku Dec 2022 #1

Well written. I sympathize with you. Bad managers are the problem, judesedit Dec 2022 #2

Wasn't me, it was written by a SW pilot, found on Facebook. Ocelot II Dec 2022 #4

First thing hubby said to me when I went "What the hell?" was they were still using 1990s tech... Hekate Dec 2022 #3

Thanks for this. MOMFUDSKI Dec 2022 #5

This is sadly all too common a problem - Hippo_The_Pointer Dec 2022 #6

You're right. This is very common. It's very Republican. Buckeyeblue Dec 2022 #39

Greed. czarjak Dec 2022 #7

Starting in 2004...no surprise here. BigmanPigman Dec 2022 #8

it actually started with Reagan Skittles Dec 2022 #10

Everything bad started with Raygun. Everything!!!!! BigmanPigman Dec 2022 #13

I absolutely detested him Skittles Dec 2022 #17

I wish some people would get killed, like Putin BigmanPigman Dec 2022 #18

You mean his conspiracy with Iran kwijybo Dec 2022 #23

Funded the Contra terrorists IbogaProject Dec 2022 #44

Not just funded Bin Laden kwijybo Dec 2022 #68

+1 orangecrush Dec 2022 #28

Yes he was mountain grammy Dec 2022 #20

Yes, one thing Reagan did that damages corporations was make the stock buyback legal. Lonestarblue Dec 2022 #47

Peak Repub. czarjak Dec 2022 #35

This "Greed" has taken over American economy tiredtoo Dec 2022 #9

Was Jack Welch to blame Hippo_The_Pointer Dec 2022 #12

A friend's husband used to work for GE kwijybo Dec 2022 #27

Along with Pete 'Slice & Dice' Peterson. Yes. Captain Zero Dec 2022 #56

This message was self-deleted by its author Chin music Dec 2022 #16

Thanks for this. nt LAS14 Dec 2022 #11

I'm waiting for the day when bean-counters and CEO's realize the biggest threat to profit and LT Barclay Dec 2022 #14

Mr Friedman, What does a company do? markodochartaigh Dec 2022 #22

Bean counters lack self awareness. They will never realize it. halfulglas Dec 2022 #63

That answers a question I've had for a while. LT Barclay Dec 2022 #64

KnR. n/t iluvtennis Dec 2022 #15

And the previous guy got away with it. Xolodno Dec 2022 #19

Ocelot II ........... Upthevibe Dec 2022 #21

After I escaped Amarillo in 1986 markodochartaigh Dec 2022 #29

only profit and for themselves KentuckyWoman Dec 2022 #37

I know someone in the ranks. ChazInAz Dec 2022 #50

"Gary Kelly retired as CEO in early 2022..." NullTuples Dec 2022 #24

I'm sure Herb Kelleher walked away a very rich man Silent3 Dec 2022 #25

Every US corporation makes the same mistake - they ALL sacrifice efficiency for short-term profits FakeNoose Dec 2022 #26

Any time a Wall-Street oriented CEO comes into power in any company, you have PatrickforB Dec 2022 #30

You don't have to worry about every buying appliances from Sears again. Sogo Dec 2022 #36

Felt the same about the Montgomery Ward-Kmart fiasco. halfulglas Dec 2022 #62

This is an unverified Facebook post, marked as "Unproven" by Snopes Tarc Dec 2022 #31

This message was self-deleted by its author Ocelot II Dec 2022 #32

The Facebook post discussed by Snopes is not the same as the one I posted, Ocelot II Dec 2022 #34

no call to get nasty. mopinko Dec 2022 #41

Also researched, verified and quoted in another, reputable source. Ocelot II Dec 2022 #45

Snopes itself is not always a reliable source. yardwork Dec 2022 #46

They are usually pretty good; the problem here was that the Snopes article Ocelot II Dec 2022 #48

Right, I'd seen that. I was just making a general observation about Snopes. yardwork Dec 2022 #60

I wondered what happened to them after 2006-7 Warpy Dec 2022 #33

k/r progressoid Dec 2022 #38

Thank you for posting bdamomma Dec 2022 #40

K&R spanone Dec 2022 #42

Thanks. Hope his explanation and speaking up for the new top management Hortensis Dec 2022 #43

I want to hear more of this. Baitball Blogger Dec 2022 #49

I seriously doubt Southwest will survive the latest debacle. MadMike47 Dec 2022 #51

They'll survive; if the financial damage is serious enough for bankruptcy Ocelot II Dec 2022 #52

Met with a pilot friend last night ybbor Dec 2022 #53

This is exactly the way it works. Ocelot II Dec 2022 #55

I wouldn't have a surgery at a hospital if I though it was miss managed. BradBo Dec 2022 #54

Seen it before, I called it "Spreadsheet management" Grins Dec 2022 #57

Yes if SW gets sliced and diced because of this, Captain Zero Dec 2022 #58

If your company board of directors hires an accountant or other finance guy as its CEO Ocelot II Dec 2022 #66

"We've been harping on them moondust Dec 2022 #59

That's good to know TexasBushwhacker Dec 2022 #61

Reminds me of Obama and Biden NowISeetheLight Dec 2022 #65

Yup. Another example of a bean counter CEO ruining a business he knows nothing about. SunSeeker Dec 2022 #67

Exactly. Please save Southwest from the Bean Counters! Liberal In Texas Dec 2022 #70

When I lived in France a bean counter really fucked up things burrowowl Dec 2022 #69