Can Eddie even afford them this go around? Last time they raised capital, came up with the Home & Life concept, set up a vendor pipeline, then made the colossal mistake of leaving the Three Incompetent Amigos in charge of execution, and look how that went. He won't have the lines of credit he had in 2018, and there's speculation it might not even be able to afford Chapter 11. Cash preservation is the name of the game. Everyone should have their backup plans ready in case Eddie stiffs everyone at any moment.
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Do you have news articles proving that the remaining Kmart stores are the strongest? :-/
Lol. Said restructuring firm just cleaned up their twitter feed of all things Sears related, including their communications with b*tching vendors after this was posted. They're totally watching things here.
If he is going to bankruptcy talks again it for sure will not be Chapter 11, it will be Chapter 7 this time. No saving it this time, next time they'll just gut it all.
In another thread someone was saying they haven't even been paying the liquidators.
Sell whats left for sc-ap. $1.05 a pound.
NOBODY wants the garage thats left and the real estate is worthless.