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Innovation – Why Bezos Succeeded, While Lampert Failed at Sears

Adam Hartung

On May 1, 2003, KMart begins trading again. As malls came along, Sears was again a pioneer “anchoring” many malls and obtaining lower cost space due to the company’s ability to draw in customers for other retailers. Nor did he focus on how to drive more subscriptions, or sell more advertising to traditional customers.

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Business model creation and innovation in China: not just copycats.

The BMI Lab Blog

We can summarize their business approach in the following points: The Chinese customers are avid buyers of technology. The American e-commerce giant acquired EachNet in 2003 for USD 180 million, with a willingness to step into the enormous Chinese market. How do Chinese innovators work?