By  on June 13, 2018

Aside from the workers who lost their jobs, few feel as frustrated at what’s happening at Sears Holdings Corp. as Arthur C. Martinez.

“It is a slow-motion liquidation of the business and it’s unnecessary,” states Martinez, who as chairman and chief executive officer of the Sears Merchandise Group from 1992 to 1995, and chairman, ceo and president of the parent company from 1995 to 2000, staged a remarkable turnaround of the business and has since been witnessing his work come undone through asset sales, store closings and a revolving door of managers.

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