Would they be liquidating any faster than this "transformation" ? It's hard to imagine how.
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Yes.
Kinda hard to run for any length of time with so little merch either in stores or in the supply chain. If they had bought Sears, most of the stores would have been gone in a month and the majority of the merch warehoused and parceled out over time. They would have also had good reason to close stores as fast as possible to minimize the massive losses they would have taken had they won.
@isse Eddie would do better with that $5B just being a reseller for Lowe's and opening up a few Ace Hardware franchises. They would have trained him how to run a profitable retail business.
7 DCs will remain to support the 425 stores each to hold specific inventory.
It would close pretty quickly, but no one would recover anything with the limited merchandise in the pipeline.
Eddie has hundreds of millions of dollars in line of credit lined up to buy merchandise but it can’t be used if he doesn’t win the bid. He will drag this out as long as possible.
As far as closing distribution centers, having more than necessary for the store count is a money loser.