Thread regarding Sears layoffs

Sears Canada

"Sears Canada Inc. on Tuesday raised doubts about its ability to continue as a going concern, saying cash and estimated cash flows from operations were not expected to be enough to meet obligations over the next 12 months."

http://www.stltoday.com/business/local/sears-canada-raises-going-concern-doubts/article_a7cecd7f-7563-5211-9949-df7f30166d73.html

by
| 1031 views | | 1 reply (June 13, 2017) | Reply
Post ID: @OP+NLRsKu7

1 reply

Actually, probably worse than that article makes it sound as they've hired "advisors." BK is probably imminent.

https://www.reuters.com/article/us-sears-canada-restructuring-idUSKBN1941L4

by
| | Reply
Post ID: @yer+NLRsKu7

Post a reply

: