Someone stated on this board that SHLD has always paid its vendors. Well, not anymore!
https://finance.yahoo.com/news/sears-skips-payments-vendors-amid-051304983.html
5 replies (most recent on top)
None of my vendors have been paid since oct 2nd with invoices dated back 60-90 days with payment terms of 60 days.
NONE
When I work for Sears a year ago they made the vendors jump through hoops just to get their money then drag it out for another couple months
this is piling on. Name the vendors.
@kxk - Reading comprehension is not your strong point, is it? Notice the word "three." Three denotes plural entities. Now go get that GED!
"Three vendors told Reuters that Sears had missed scheduled payments to them in the last couple of weeks."
The article says one bike shop in NJ didn't get paid. That's it. Who are the vendors plural?