Thread regarding Sears layoffs

Sears holdings does not agree with hedge fund ESL Investment’s interpretation of their deal to preserve Sears in shrunken form.

https://www.usatoday.com/story/money/2019/02/04/sears-esl-deal-could-unravel-judge-continues-bankruptcy-hearing/2731794002/

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| 1451 views | | 8 replies (last February 5, 2019) | Reply
Post ID: @OP+XsTmFPk

8 replies (most recent on top)

The whole thing is silly. The headline could have read "Sears does not agree with Sears interpretation to preserve Sears"

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Post ID: @1raf+XsTmFPk

If the sales goes through that means starting March he will close 3 stores per month for 2019 that means that's 30 stores will close this year bringing the total to 395. How is this cooperative??? Can the judge not see this, they should investigate him if it was any other judge the sales was not going to go through.

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Post ID: @1aqn+XsTmFPk

ESL, in a court filing on Friday, outlined plans to close three Kmart stores per month in 2019, and the cross examinations of the witnesses emphasized the uncertainty of the chain’s future.

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Post ID: @1xey+XsTmFPk

Even if this goes through, the company will not turn around.

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Post ID: @tck+XsTmFPk

Moderator at 12 O'Clock.

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Post ID: @esm+XsTmFPk

The go forward plan has already been approved. This is all just to hear what needs to be heard. It's all done. No need to worry so plan a big party Wednesday. Invite all the nay sayers and show them they worried for nothing. Oh the drama is Oscar worth.

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Post ID: @tnl+XsTmFPk

Both are from Skull society at Yale and they watch each others back. It is all a show and on Wednesday Drain will side with Eddie, just watch.

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Post ID: @dsm+XsTmFPk

It is all just a show. Drain is in Eddie"s back pocket

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Post ID: @ocx+XsTmFPk

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