As Ecclesiastes 3:4 tells us, there is “a time to mourn and a time to dance.” This is as true of matters economic as it is of the lives of our loved ones. The difference being that with the life of a company that time to dance is the very same one as the mourning period — for that a company has died means that we’ve found a new and better way to get its task done for us.
As I write, I don’t know whether Sears is to be bought out of bankruptcy to live again or to be liquidated. There is only today for someone to buy. Without the purchase that’s it, liquidation looms. Either way, sure, we can mourn the passing of an American icon, but we should also celebrate the deeper meaning here. That deeper meaning being that we can celebrate that someone has discovered and implemented a better manner of providing us with the retail services we desire.
