Did you hear the news?
Twenty-one Sears and five Kmart stores will be closing in October.
I didn’t even know either of those stores still existed.
I thought they faded into the backdrop of progress years ago, leaving a scattering of empty storefronts and littered strip malls in their wake.
I don’t say this to be cruel, though.
In fact, I have fond memories of my father buying me $0.25 ham sandwiches from Kmart while I waited impatiently to see a blue light rise up from the camping and fishing aisles.
But the fact is, Sears and Kmart couldn’t keep up.
Management was incompetent, and fresh blood didn’t flow through the C-suites.
It’s funny, but when I go on site visits to check out the companies in which we may invest, a big red flag for me is the absence of young people.
While it’s easy to poke fun at safe-space-seeking millennials who think Bernie Sanders will pay off