Lands’ End
Land’s End is a clothing, home furnishings, and luggage brand. It is not as popular with this generation, it seems. The relationship between the company and Sears looks like it is the root of the problems the company is facing. Even though the sales of its catalog items are doing fine, the former CEO made huge mistakes.
Lands’ End
Guitar Center
Guitar Center was opened more than 50 years ago. Could it be that people no longer buy a lot of guitars? The instrument supplier had only a year left to pay off its debt of $900 billion. This was the result of the 36% sales drop it suffered from 2005 until 2016. Even though the company is facing all sorts of problems, it still wants to open more stores. The Executive President of merchandising and e-commerce announced that the company is merely in a state of transition but still going strong.
Guitar Center