Since everyone keeps asking for it I looked it up. It is after the typed portion of this bankruptcy document. I believe there is motion to have this sealed.
https://restructuring.primeclerk.com/sears/Home-DownloadPDF?id1=MTU1NDQ2&id2=0
6 replies (most recent on top)
Eddie’s burned too many vendors to ever make it in retail again. They will never come back, he stiffed them and has proven time and time again that he’s untrustworthy. He can spruce up stores all he wants, he’ll never be able to stock them with anything but the liquidation lot purchased items that he’s been flooding stores with for years.
There is NOTHING new in this plan. It's the SAME plan that's been put out there for the last 5 years. One thing that had me cry laughing - besides doubling down (the same) on SYW- the plan is to get 1.3M new credit customers????? OMG - the delusion train is on track
Lacks any info saying about making repairs and updates to the stores. Nothing to help get more vendors, if anything, it seems like they are going to have LESS vendors. Also cutting space and cutting jobs. So pretty much the company is going to be shrinking more and more until it vanishes completely.
to quote a song "second verse same as the first"
Just a bunch of corporate mumbo jumbo. Nothing new or interesting.
Jeebus!! since being retained in October, the Bankruptcy firm hired by old Sears has racked up over
$6.7 Million dollars in legal fees.