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Corporate Strategy

Business
Sears CEO Raises Doubts About Company's Future, Citing 'Substantial Obstacles To Profitability' Sears CEO Raises Doubts About Company's Future, Citing 'Substantial Obstacles To Profitability'
Sears CEO Raises Doubts About Company's Future, Citing 'Substantial Obstacles To Profitability' Despite undergoing a paradigm shift and attempting to change gears in the way it does business, Sears continues hemorrhaging money, casting its future in doubt. Sears CEO Eddie Lampert said that his company has been “working hard to transform its business and unlock the value of its assets,” which includes a shift from traditional retailing to a more member-centric company. Despite these changes, things are looking bleak for the once vibrant company. “The journey to running a member-centric company on a consistently profitable basis has taken far longer than we expected,” Lampert said in a …

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by Zak Failla
Business
Stamford-Based ISG Names New Canaan's Lavieri As Vice Chairman Stamford-Based ISG Names New Canaan's Lavieri As Vice Chairman
Stamford-Based ISG Names New Canaan's Lavieri As Vice Chairman Longtime New Canaan resident Todd D. Lavieri was named to the additional post of vice chairman at Stamford-based Information Services Group (ISG), a global technology research and advisory firm. Lavieri, currently partner and president of ISG Americas and Asia Pacific, retains responsibility for the two regions. In his expanded role, he will work closely with Chairman and CEO Michael P. Connors and other members of the firm’s executive leadership team on corporate strategy and governance matters. "I am pleased to recognize Todd for his terrific first four years with our firm and as a p…

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by Daily Voice