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Lampert Channeling Bezos Can’t Remake Sears as Amazon: Retail

Edward Lampert, Sears Holdings Corp.’s chief executive officer and largest shareholder, likes to ladle praise on digital retailers.

In letters to shareholders and in annual meetings, he lauds websites like Amazon.com Inc. and EBay Inc. while dismissing J.C. Penney Co., Best Buy Co., and Staples Inc. as merchants that struggled even after significant investments in physical stores.