With all the latest development like no PA, Road Hazard, vendors pulling out how much time do you think before Sears kicks the bucket (chpt 7) and once they declare chpt 7 how long before they switch the lights off.
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Thanksgiving. With virtually all major appliance vendors stopping or about to stop shipping, with no PA's to sell, cash flow is going to plummet. Their already poor cash position will deteriorate very quickly, and financing will be ever harder to secure. To get new product they'll have to pay all the back bills and put up cash up front. You just cannot outrun this plummeting dumpster fire. Chapter 7 by Thanksgiving.
Zdrowaś Maryjo, laski pełna
Pan z Tobą,
błogosławionaś Ty miedzy niewiastami
błogosławiony owoc żywota Twojego, Jezus.
Święta Maryjo, Matko Boża,
módl się za nami grzesznymi
teraz i w godzinę śmierci naszej.
@VXaoruv-hhq why do you feel bad for the employees, no they can move on with their lives
I got out earlier this year after over 20 years with Sears.
Now my old store is in liquidation. I feel bad for my former coworkers that are still sticking it out til the end but I feel fortunate to have gotten a full time job elsewhere before things deteriorated to bankruptcy.
Hopefully sooner rather than later so that this s**tshow will be over with.
If you have not started looking for another job, time is now to look for another job....80,000 job seekers will be flooding the job market once this company folds...
Will they completely shut by Christmas or they will declare chpt 7 after Christmas.
Whole company done by Christmas. No question.