3 ms·
Yes. Somewhere I read an excellent writup about how their CEO dismissed e-commerce entirely at the time, saying no one would want to buy anything online... and
by matheweis 9y ago
Yes. Somewhere I read an excellent writup about how their CEO dismissed e-commerce entirely at the time, saying no one would want to buy anything online... and that if they had gone they way, Amazon wouldn't have been able to move beyond books (remember when they were once just a bookstore!?). Instead, they doubled down, paving the way for Amazon to break in.
- tracker1 9y agoYeah, I actually recall a discussion with one of their very senior IT guys and being rebuffed that the web was a fad, and it'd go the way of Prodigy. If Sears had come in around 1996, they'd be the biggest retailer globally today by a large margin... they already had most of the infrastructure ready. I remember hearing on the news when they shut down their catalog dept, and thinking to myself, "dumbass."