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Conservative's ForumConservative's Discussion ForumsTrump Economy › Sears faces critical deadline, will it survive?
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Nyte_Byrd
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Sears faces critical deadline, will it survive?
12/28/18 at 13:44:47
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Wayne
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Re: Sears faces critical deadline, will it survive?
Reply #1 - 12/28/18 at 13:58:18
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  Nope. They need 4.5 billion to save them..
  

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Re: Sears faces critical deadline, will it survive?
Reply #2 - 12/28/18 at 18:16:44
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When our youngest son came home after his freshman year of college, he told us that college wasn't for him. He got a job as a tire installer, one of the dirtiest jobs in the store, at a nearby Sears store and through great effort and a little bit of luck he worked his way up to become the store manager at the Sears store where he started.

In the past couple of years he has presided over the closing of several Sears stores in the area. He is now receiving 6 months of severance pay and is looking for a new job.
  

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Re: Sears faces critical deadline, will it survive?
Reply #3 - 12/29/18 at 11:34:36
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Mark Steyn said yesterday that 20 or so years ago Sears should have established an online site named SearsCatalog.com and competed directly with Amazon. That way Sears could have thrived and may even have survived. As it is, it doesn't look good.
  

"Anthropogenic Global Warming/Climate Change is a massive POLITICAL hoax."
Naturalized-Texan, many times in the past 15 years

"Modern American liberalism, Mussolini's Fascism, and Hitler's Nazism all have their roots in Wilsonian Progressivism."
Naturalized-Texan, 1/7/2009

"The goal of all liberal programs is to produce ever-increasing numbers of poor and ignorant people dependent on government handouts."
Naturalized-Texan, many times in the past 15 years
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ConservativeOne
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Re: Sears faces critical deadline, will it survive?
Reply #4 - 01/08/19 at 12:33:11
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Sears to ask bankruptcy judge for approval to liquidate: sources

Sears Holdings Corp will ask a bankruptcy judge on Tuesday if it can proceed with liquidation after it could not reach an agreement on Chairman Edward Lampert’s $4.4 billion takeover bid, people familiar with the matter said, potentially spelling the end for the 126-year-old U.S. department store chain.

https://www.reuters.com/article/us-sears-bankruptcy-liquidation-exclusiv/exclusi...
  
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Nyte_Byrd
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Saved by the $5B bid? Sears to stay open (for now)
Reply #5 - 01/16/19 at 10:58:02
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Saved by the $5B bid? Sears to stay open (for now)

https://www.foxbusiness.com/retail/saved-by-the-5b-bid-sears-to-stay-open
  


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Nyte_Byrd
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Re: Sears faces critical deadline, will it survive?
Reply #6 - 02/07/19 at 17:17:11
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Judge gives Eddie Lampert the greenlight as Sears get a second shot at life

https://www.foxbusiness.com/retail/u-s-bankruptcy-judge-has-approved-lamperts-5-...
  


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