Regardless of how much longer this drags on, I don’t see way that this ends well. Most likely the damage & fallout from this “bankruptcy/prolonged liquidation” will linger for years to come. For what it’s worth, I personally feel some stores will survive into 2020 still open. How many I don’t know, but a few stragglers here and there will hang on! For how long they’ll hang on is anyone’s guess.
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Even stores that are not on closing list are slowly liquidating. Come on! Sending online orders with free shipping 2000 miles away? It has to cost more to ship it then the profit we make. We have been sending weighted blankets daily, over 15 lbs each. We might not be on the closing list yet, but we are liquidating.
Slowest liquidation in history. Pull the freaking plug.
It all depends on how much Eddie is willing to lose of his personal wealth. Will he ride it down until he’s left with only his offshore funds? Time will tell (and not much time at that)
There is no money left. The house of cards is going down as soon as early January.
No, it’s just an inventory burn. Look at the DC and corporate overhead. You can’t maintain a Dc of 200 or SHC OF 600-800 people for so few stores. Math doesn’t work
I don't believe Transform has enough $$$ to last much into 2020. Just my 2 cents which is what Transform probably has.