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A very unfortunate thing for everyone employed, but good riddance! This company has been free-falling since Mr. Burns bought Sears and started bleeding the company.
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Sears wins reprieve from liquidation as Chairman Lampert makes last-minute bid on bankrupt companyFriday was the deadline for buyers to put in their offers to save Sears. The owner of Kmart and Sears filed for bankruptcy in October. What can he do that isn’t already being done to save it? Amazon killed sears. Anything they have I can have more choices and just as fast sitting at home. Eddie belongs in jail However, he is a prime suspect in putting the company into bankruptcy in the first place!
Source: CNBC - 🏆 12. / 72 Read more »
Sears rejects Lampert's bid to save company as short, setting it on path to liquidationEddie Lampert's $4.4 billion offer was Sear's only shot at staying alive and preserving 55,000 jobs. But the bid ultimately came up short. stilwellwhnt Nice job Eddie. You’re a merchandising genius and a captain of industry. Lampert rejected from “saving” Sears? Oxymoronic statement if there ever was one.
Source: CNBC - 🏆 12. / 72 Read more »