Which goes to prove that nothing is too big to fail. Walmart leadership should take notice.
Also, good luck to thousands of people who are about to lose their jobs.
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Closing a company can look good on a resume.
Significantly reduced expenses and headcount.
Sears happened by design. Lampert had been milking that company for profit for years.
Toys R Us is another example of this.
No they aren't. Not yet
Chairman Eddie Lampert could still save the bankrupt retailer with a $120 million deposit I read.
Applications will pick up a bit, but overall I do not see as a big event for us.
Also, the management can take this as a lesson - Sears can happen to anyone.
I guess we can expect an influx of applications...