In the mid-1980s Gregory Bridgeford , now a Lowe's senior vice president, was told to go to all the new Depot openings with a tiny Minox camera and put together a two-hour presentation for Lowe's brass detailing how Depot was better at merchandising.
Sears has lost all growth with its inability to deal with the emergence of traditional retail competitors that have different margin needs and merchandising plans, such as Kohl's, Lowe's and Target, and its inability to embrace Internet retailing as well.