Which vendors are dumber than dirt and still shipping to Sears with all of this drama going on?

Are there really vendors out there that stupid? Don't they ever read financial news or are they just "risky mavericks"?

Amazing how a company aspires to a level where they are worthy of selling to Sears and other big box stores - not something any ole' dummy can do. Then they risk getting the big bone from Sears not paying them? Maybe they just "branded stuff" from manufactures, made lots of money, left the businesses to their kids and their spoiled kids just hired people to run their distribution business and don't pay attention and are oblivious to the situations because the managers they have don't say anything as they are milking these businesses?

I can't think of anything else.

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nope, you've got to secure and perfect your property, same as everyone else since 1979. ipso facto clauses defeat the purpose of modern bankruptcy in the first instance

Even beyond that, there are reclamation rights within the bankruptcy code itself

Yes they can, virtually every modern vendor contract has an insolvency clause for termination that explicitly allows one to break a contract upon bankruptcy.

If these vendors have legal agreements outlining shipment and payment terms- they legally can’t stop shipping during chapter 11.

No-name “dollar store” style businesses that aren’t getting much business from others so they are desperate enough to ship to sears/Kmart with the “hope” that they will get something

Thread regarding Sears layoffs

Which vendors are dumber than dirt and still shipping to Sears with all of this drama going on?

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