Fortune USA 201906

SE VEN DEC ADE S OF SEL F - DESTRUCTION Sears’bankruptcy filing last year sparked torrents of criticism for its current leaders. ...

178 FORTUNE.COM // JUNE.1.19 success.” But virtually no one other than Lampert expects a reversal of fortune, and he has taught ...

179 FORTUNE.COM // JUNE .1 .19 bers and negative headlines, during which Sears squandered intrinsic advantages and opportunities ...

180 FORTUNE.COM //JUNE.1.19 time, and for a few years, it seemed to suc- ceed. But in fact, it was disastrous. When the strategy ...

181 FORTUNE.COM // JUNE .1 .19 world was changing, and Sears leaders didn’t see, perhaps didn’t want to see, that their business ...

182 FORTUNE.COM // JUNE.1.19 competitors on cost-efficiency for decades. Sears’ prosperous complacency of the 1960s, compounded ...

183 FORTUNE.COM // JUNE .1 .19 for a merger far afield—very far afield. An initial wish list of merger partners included AT& ...

184 FORTUNE.COM // JUNE.1.19 Bed Bath & Beyond—transforming the industry, and Walmart be- coming a giant. “The board viewed ...

Your investments deserve the full story. Numbers tell only half the story. Strategic investing takes us beyond the numbers. That ...

186 FORTUNE.COM // JUNE.1.19 FEEDBACK [email protected] What lessons should we distill from this long, sorry tale? Jim Collins ...

PROFILE 2019 | THE FORTUNE 500 CONTENT FROM WILLIAMS-SONOMA, INC. WWW.FORTUNE.COM/ADSECTIONS IT SHOULD COME AS NO SURPRISE THAT ...

PROFILE 2019 | THE FORTUNE 500 CONTENT FROM GUARDIAN WWW.FORTUNE.COM/ADSECTIONS THIS YEAR MARKS MANY FIRSTS FOR Guardian as the ...

Everyone deserves a Guardian We were founded on a radical idea. To do the right thing and take care of people. Over 150 years la ...

UPPING THE STAKES Occidental Petroleum CEO Vicki Hollub has just pulled off one heck of a land grab in the oil industry. 190 FOR ...

191 FORTUNE.COM // JUNE .1 .19 occidental petroleum 167 3.8% TOTAL RETURN TO SHAREHOLDERS REVENUES (2008–2018 ANNUAL RATE) $18.9 ...

192 FORTUNE.COM // JUNE.1.19 it trades for at least $50 a barrel. That’s made the region an oasis for energy com- panies that ha ...

AN ECONOMY IN ITS OWN RIGHT: The Permian alone now produces more crude per day than Iran or the United Arab Emirates. 193 FORTUN ...

194 FORTUNE.COM // JUNE.1.19 hang on as the region’s top producer. That’s why it, too, had been coveting Anadarko— and indeed ha ...

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196 FORTUNE.COM // JUNE.1.19 Inevitably, U.S. oil production growth, on the whole, will slow, as companies pull back on drilling ...