The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith and technology and media editor and analyst Andrew Tonner discuss topics across the investing world.

In today's edition, Austin and Andrew talk about a stumbling American icon: Sears (Nasdaq: SHLD). Eddie Lampert is the controversial CEO in charge of righting this sinking ship, and the long-term prospects are not playing out in his favor. Mr. Lampert has spent too much time and money buying back shares over the years, while letting the quality of his stores languish. All the while he was also championing the small store format as the future of Sears, but then made plans to spin off their most promising small store formats. I've heard Sears discussed as a misunderstood company with a lot of assets, but with years of declining revenue it's going to take more than hopes and dreams to save this company from itself.

Andrew Tonner has no positions in the stocks mentioned above. Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple. Motley Fool newsletter services recommend Apple, The Home Depot, and Lowe's Companies. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.