Thread regarding Sears layoffs

Parts of Sears that will have value in liquidation

Maybe the most of us already know this but found this article that contains a good review of the parts of the company that still has value if Sears goes into liquidation. We all know that liquidation, at this point, is a very probable outcome, if not inevitable, so here's the link to the article that displays still valuable segments of the company.

https://www.marketwatch.com/story/these-are-the-pieces-of-the-sears-that-still-have-value-in-a-liquidation-2019-01-08

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| 716 views | | 3 replies (last January 9, 2019) | Reply
Post ID: @OP+X24Rpn2

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Agree. I would look at this short reprieve from liquidation as a final lifeline for EMPLOYEES... not Eddie or Sears. Even if Eddie buys out the company HE ALREADY OWNS between Seritage and debt load, there's no way the grinch is suddenly going to have a change of heart and make better operating decisions or invest money in the stores to build a stronger retailer out of what little is left.

Sears is dead... Judge Drain and Eddie are just holding hands and kicking the carcass down the road and telling everyone it's still alive. Employees should use this short period of time that Sears is allowed to keep operating to secure themselves a new job with a paycheck they can count on.

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Post ID: @pbv+X24Rpn2

Quote of the day: “There is not an ounce of flesh left on the carcass"

There may be some value left in the brand but most of that value is in customer data, intellectual property, brand licensing, and real estate (albeit most of the most valuable real estate is already owned or earmarked by Seritage). Sadly, I'm not seeing much left that would preserve actual jobs. Home services may be the exception and could live on under the ownership and branding of a competing service company with better infrastructure. Good luck to all in finding a new path forward.

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Post ID: @abe+X24Rpn2

Look at Sears playing tryhard whatwith SYWR having value. Did you know Sears/Kmart issued $800M worth of SYWR points last year alone? That's how you lose $2B in one year.

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Post ID: @mqz+X24Rpn2

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