Is it also SB360? Looks like it could be a different company.
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When our Sears Auto Center closed we closed it ourselves. We didn't use any liquidator. It's not that difficult to do.
Again, the company is welcome to Manage the self liquidation of a location, INCLUDING selling fixtures & equipment. This is not a difficult concept to understand, unless of course you are just a troll who has never worked for Kmart or Sears & never gone through a store closing.
While there may not be a lot of merchandise in an auto center, there is a lot of equipment. Battery testers, tire balancers, jacks...some of that could be sold to regular customers, most would go to shop owners and such.
Nothing says a company MUST use a liquidator, they can “self” liquidate if they want. A liquidation company is used as a convenience for the company so they don’t have to manage the wind down themselves, but when you are talking about a small operation like an auto center, they can handle it without a contracted liquidator.
@aao+1dpNMFYm It's not just set up "like a car repair shop". It literally IS a car repair shop. Tools, auto parts, batteries, can just be marked down until someone buys them. (And lots of mechanics own their own tools anyway.)
You don't need to sell the store to a liquidator for that. As for what becomes of the building, it goes back to the landlord. You Know that.
@bzl+1dpNMFYm Exactly! It's a service station. They fix cars there. The few parts they do sell (batteries or whatever), can just be moved into the main store and sold from there. You don't need liquidators for a service station. It's a place that's 98% labor, 2% hard goods sales.
@lvr+1dpNMFYm If no liquidator, what happened to all the stuff like tools, auto parts, batteries, tires, etc... Not to mention the place is set up like a car repair shop, so what becomes of the building?
The Sears Auto Center at University mall in Tampa fla has a STORE CLOSING sign in the front window.
The Sears store closed While back.
They have batteries, tires, parts, and tools to sell.
Why would an auto center need a liquidator? It's primarily a service, not a retail outlet.
Last fall, our auto center closed, while our store remained open. No liquidator was used; the manager and regular auto center employees stayed until it was closed.