Thread regarding Sears layoffs

Sorry I meant Pays not Pais, below LOL, my bad.

To the poster below, there is no "my" liquidator or "your" liquidator. You wrote " That's how liquidators mostly work NOW, because TransformCo hasn't been able to pay them for some time. There have been lawsuits launched against Transform for non-payment.".

Y'all are missing the point. Sears NEVER Pais liquidators. The liquidator (SB360) PAYS SEARS!!!! They BUY the store from Sears. If you buy a car from me, you PAY ME, I don't PAY YOU! Ed (or Sears, in other words) sells a store to a liquidator and then never has to have anything to do with that store again. Said liquidator PAYS HIM, not the other way around.

Maybe your liquidator worked that way, but that's not how they all work. For some we were merely contracting out their services and got invoiced. That's how liquidators mostly work NOW, because TransformCo hasn't been able to pay them for some time. There have been lawsuits launched against Transform for non-payment.

To the poster below, liquidations can't really be "paused" in the traditional sense. Because once liquidation starts, everything in the building is purchased and owned by the liquidators. Eddie literally has nothing to do with the operations from that point forward. Now, the liquidator could stop the liquidation process and move stuff to another liquidating store, in theory, but in practice, that wouldn't happen. The liquidator purchases the location only with the goal of closing (AKA liquidating) it. Ed has absolutely nothing to do with a liquidating store after he sells it to the liquidator. It is a completely separate entity at that point. Once it's sold to a liquidator, the "point of no return" has been crossed. The store will invariably shut down within Weeks, and there is nothing that can stop it. To use a somewhat morbid example, the store at that point has received the first needle of lethal injection, and it's irreversible. The store belongs to the liquidator at that point and has absolutely nothing to do with Ed, once he sells it to the liquidator.

A number of liquidations were paused when the pandemic commenced. A lot of them remain opening because of various financial incentives offered to companies last year. No one will lend to Eddie, so he needs things like this.

" at some point after" could mean fifty years from now. I'll check back again in year 2070.

Just came from Jersey City. Still no liquidation. LOL

@1jwe+18RSSJgo I Know, right? Exactly, this post makes no sense at all! They were closing that store, then they moved the signs to another store, then they will move them back? Um, what, LOL? OP should put the pipe down and rest a bit LOL!

So, if I'm reading the OP's comments correctly, there was a liquidation sale underway at the Jersey City Sears pre-pandemic, and it was halted when there were the lockdowns. When stores reopened, it reverted back to normal operations? Huh?? SMH

In other news, reports coming in that another customer ordered the unlimited soup, salad and bread sticks at the Olive Garden.

I was wrong in my below post. That mall actually does use the British spelling of "centre" for some reason, so I stand corrected. Everything else I wrote was correct though, in that OP has zero substance.

"So I can ACCEPT to see some announcement of this store closing sometime soon."

You can "ACCEPT" that? Glad to hear it's "ACCEPTable" to you. We were all wondering what received your acceptance.

"Though it might be on hold if restrictions on non-essential retail re-introduced"

Translation= you have no idea about this and took a wild guess. It's the equivalent of writing "when I flip A Coin, I think I'll get Heads. Unless of course I get Tails". Yes, there is a 100% chance you get Heads, Or Tails. But that's not news.

Please don't feed these trolls, people. Another silly troll post that's long on gibberish, short on substance. Nice job trolling. Wasn't even written by an American, because we spell it "center" here, not the British "centre".
People have been posting about this store since Summer 2020, and nothing happened. Just look at the SB360 links, that shows the only stores closing. Excellent 1-stop link.
Also, WTF? Store had signs but they moved somewhere in 2020, and now are coming back? Or something? Right, sure they are. When you have some closing news let us Know. Go back to bed, troll. SMH, with this BS.

I’m in jersey city every other week looking for clearance/closeouts. There are no liquidation signs up.

Well that is obvious.

All stores will begin liquidation at some point after the current 12 stores are closed.

Liquidation signs have been up for eleven months and the store has not closed yet? Weird.