Season’s greetings at Sears:
Dingy shops, sparse shelves
Posted By: NorthernDog, 12/4/2019 4:11:04 PM
NEW YORK — Nearly 10 months out of bankruptcy, Sears is limping into the holiday shopping season. Eddie Lampert, the hedge fund billionaire who promised to save 425 Sears and Kmart stores and roughly 45,000 jobs when he bought the company out of bankruptcy, has seen his $5.2 billion lifeline wither. While there were plans for new small stores centered on appliances, only three have opened. The chain is still shrinking. By February, the store count will be down to 182. Many of the stores that remain have the same old problems. They’re grungy and understaffed, poorly stocked and losing
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Trump Said ‘Can’t Be Climbed’ in Mere Seconds 39 replies
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Comments:
Last Rites will be needed soon. They are running on fumes.