People are talking about additional 163 stores being announced for closing but I can't find anything about it.
Where is this coming from? Who announced it?
It's a very specific number, so I can't figure out if somebody is trolling expertly or if I am missing something obvious.
Doh! Sorry haters, still FAKE NEWS!!!!
They are actually going the opposite direction. They are adding more debt.
A DEF 14A was filed 2 weeks ago.
Really doesn't matter if your store is profitable or not, or "doing the numbers "
Company as a whole is hemorrhageing cash and can't pull up out of a nosedive until debt obligations are wiped off the books
It has been in a foot race for its very existence , and the foot race is turning into
an all out 100 yard dash.
I really hope I hear something soon regarding my store. I’m ready to put this thing out of its misery
So funny to hear no closings. There is a list but not out yet. It is a big one so brace yourselves.
Not fake news. More closings, more jobs lost. There will be no profitability. We are not stupid.
Of course there are more closures, they just won't release the next list until the previous closures have wrapped up. I have a feeling it's going to be shown by May at the latest.
And when the liquidators are done with Toys R Us, they'll be straight back to Kmart/Sears.
They have a busy time ahead of them.
Closings have ended. No more to be announced. There will be more job cuts, a mass layoff but not closings.
Just like Montgomery Wards, Sears will only have an online presence in the future.
All false postings and rumors. There will be no more closings. The remaining Sears and Kmarts will be the ones to move profitability into the future.
It’s fake news. All the big closing announcements are done. Got this straight from the liquidators. They’re moving on to toys r us now.
Only rumors - no official announcement.
Was heard from a QMT that wasnt going to be with us much longer.
I heard the same number. It may again be false. But supposedly the list will be put before the end of the month.