Sears Ends Business Relationship with Whirlpool
BENTON HARBOR, Mich. -- In a letter to its stores, Sears says it decided to cut things off with Benton Harbor’s biggest business because of pricing.
“We want to believe that American business has that loyalty foundation, but it doesn’t,” said Professor Kimberly Pichot. “Loyalty in business lasts as long as profitability lasts. And that’s a very sad thing.”
For Whirlpool and retail-giant Sears, it was a match made in heaven for over a century.
But last week, Sears sent a letter to its stores saying the honeymoon and relationship was over.
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