Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

A Billionaire’s Sears Fiasco Is Finally Nearing Its End

bloomberg.com

Post reply on HN
Print view View original

1–10 of 108 posts

Re: A Billionaire’s Sears Fiasco Is Finally Nearing Its End

#3

Post by dawhizkid »

One of the most amazing "secret" benefits at Sears is their "Shop Your Way" loyalty program with Uber. Basically since last fall, every Uber Ride or Uber Eats purchase gives you $2-$4 cash back to use at Sears/Kmart online no matter the cost if you linked your accounts. Given my average Uber Pool is around $5, I've basically been getting 40% off all my Uber Pools for almost a year.

It will be missed!

Re: A Billionaire’s Sears Fiasco Is Finally Nearing Its End

#4

Post by bsenftner »

olefoo wrote: post #2

Hubris and an unshakable belief in Ayn Rand... http://evonomics.com/the-ceo-of-sears-jon-haidt/

Rand's legacy fits how she died: penniless and dependent on the institutions she viewed as failures of the human spirit. What a misguided wreak. Too bad she was influential, because much of the idiots stinking up the planet are her ideological children.

Re: A Billionaire’s Sears Fiasco Is Finally Nearing Its End

#5

Post by conanbatt »

olefoo wrote: post #2

Hubris and an unshakable belief in Ayn Rand... http://evonomics.com/the-ceo-of-sears-jon-haidt/

I would not call "setting internal structures to fight against each other" an example of free market.

A company thinking thats a better strategy and failing and going bust is a great one though.

Re: A Billionaire’s Sears Fiasco Is Finally Nearing Its End

#6

Post by poulsbohemian »

olefoo wrote: post #2

Hubris and an unshakable belief in Ayn Rand... http://evonomics.com/the-ceo-of-sears-jon-haidt/

There are many out there who praise Ayn Rand, but I often find it illustrative to consider their actions over their words. My reading of Objectivism as described in Atlas Shrugged or The Fountainhead, would value the contributions of an entrepreneur building something of value to society over financial engineering that destroys value. Rand is also often carried as a banner by those with whom I'm not convinced she would agree.

Re: A Billionaire’s Sears Fiasco Is Finally Nearing Its End

#7

Post by kadendogthing »

conanbatt wrote: post #5
olefoo wrote: post #2

Hubris and an unshakable belief in Ayn Rand... http://evonomics.com/the-ceo-of-sears-jon-haidt/

I would not call "setting internal structures to fight against each other" an example of free market. A company thinking thats a better strategy and failing and going bust is a great one though.

>an example of free market.

What's the real difference?

Re: A Billionaire’s Sears Fiasco Is Finally Nearing Its End

#8

Post by cultus »

bsenftner wrote: post #4
olefoo wrote: post #2

Hubris and an unshakable belief in Ayn Rand... http://evonomics.com/the-ceo-of-sears-jon-haidt/

Rand's legacy fits how she died: penniless and dependent on the institutions she viewed as failures of the human spirit. What a misguided wreak. Too bad she was influential, because much of the idiots stinking up the planet are her ideological children.

Objectivism really is a vacant and pretty incoherent "philosophy." It's no surprise she presented in in the form of tedious novels with wooden characters rather than engaging with actual philosphers.

I think its popularity is due to the fact that it tells people what they want to hear, and they can think of themselves as John Galt-esque ubermenschen.

Post reply on HN