Must be some really good kool-aid these guys are drinking
Looking ahead, Sears said it plans to re-emerge from bankruptcy as “a member-centric company” with a pared-back store base of about 400 locations, down from the 687 Sears and Kmart stores at the time of the filing, and “with the capital needed to allow us to prosper in the future.”
For the holiday season, that means liquidation sales at 142 unprofitable stores and ongoing shutdowns at 46 previously targeted locations.