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Sears said to hire advisers as it prepares to file for bankruptcy
LoP Guest
lop guest
User ID: 443824
10-10-2018 06:27 PM

 



Post: #1
Sears said to hire advisers as it prepares to file for bankruptcy
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Bad sign.


Filing reportedly could come as soon as this week


Sears Holdings Corp. has hired M-III Partners LLC to prepare a bankruptcy filing that could come as soon as this week, according to people familiar with the situation, as the cash-strapped company that once dominated American retailing faces a debt payment deadline.

Employees at M-III Partners, a boutique advisory firm, have spent the past few weeks working on the potential filing, the people said. In recent days, M-III staff have been at the retailer’s headquarters in Hoffman Estates, Ill., one person said. Sears continues to discuss other options and could still avert an in-court restructuring, the people added.


https://www.marketwatch.com/story/sears-...2018-10-09
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LoP Guest
lop guest
User ID: 467227
10-10-2018 07:01 PM

 



Post: #2
RE: Sears said to hire advisers as it prepares to file for bankruptcy
Sears. So sad.

Bye bye Miss American Pie.
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Lost Fisherman
Registered User
User ID: 373822
10-10-2018 07:15 PM

Posts: 33



Post: #3
RE: Sears said to hire advisers as it prepares to file for bankruptcy
They should hire a chef.

To make cabbage soup.

We're surrounded? Well, that simplifies our problem.
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Crapsman tools
lop guest
User ID: 415318
10-10-2018 07:22 PM

 



Post: #4
RE: Sears said to hire advisers as it prepares to file for bankruptcy
No surprise......Sears been "dead man walking" for years......the Sears I wandered in last month looks like a ghost town.....they are also doubling up items on the shelf to look stocked.....inventory is down to the bare minimum......

Stick a fork in it....its done....
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LoP Guest
lop guest
User ID: 443824
10-10-2018 07:42 PM

 



Post: #5
RE: Sears said to hire advisers as it prepares to file for bankruptcy
Crapsman tools  Wrote: (10-10-2018 07:22 PM)
No surprise......Sears been "dead man walking" for years......the Sears I wandered in last month looks like a ghost town.....they are also doubling up items on the shelf to look stocked.....inventory is down to the bare minimum......

Stick a fork in it....its done....

How many people are going to lose their jobs?
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LoP Guest
lop guest
User ID: 463924
10-10-2018 07:59 PM

 



Post: #6
RE: Sears said to hire advisers as it prepares to file for bankruptcy
sears is in bad shape they even stop running the ac and trying to let the mall cool there store down
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LoP Guest
lop guest
User ID: 369797
10-10-2018 08:03 PM

 



Post: #7
RE: Sears said to hire advisers as it prepares to file for bankruptcy
This is not the Sears from many years ago. Sadly.

It became a Hedge Fund about 5 or more years ago....just a financial entity....a corrupt scam, like the rest of them.

Hope the Sears employees can find jobs elsewhere....best of luck.
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LoP Guest
lop guest
User ID: 396953
10-10-2018 08:05 PM

 



Post: #8
RE: Sears said to hire advisers as it prepares to file for bankruptcy
Yeah, the Kmart buyout/merger didn't ngonas planned. Too bad. Sears used to be the go to for tools and whatnot.
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LoP Guest
lop guest
User ID: 396953
10-10-2018 08:05 PM

 



Post: #9
RE: Sears said to hire advisers as it prepares to file for bankruptcy
And for toughskins.
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LoP Guest
lop guest
User ID: 464795
10-10-2018 08:07 PM

 



Post: #10
RE: Sears said to hire advisers as it prepares to file for bankruptcy
LoP Guest  Wrote: (10-10-2018 07:01 PM)
Sears. So sad.

Bye bye Miss American Pie.

They have seen this coming for decades. Its not at all sad they couldn't manage to keep up with the demand of consumers.
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LoP Guest
lop guest
User ID: 369797
10-10-2018 08:13 PM

 



Post: #11
RE: Sears said to hire advisers as it prepares to file for bankruptcy
Sears Craftman tools (made in America) were the best of the best.

They replaced that with Chinese junk that fell apart quickly. That, and the Hedge Fund crap, ruined them.

RIP
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LoP Guest
lop guest
User ID: 467233
10-10-2018 08:25 PM

 



Post: #12
RE: Sears said to hire advisers as it prepares to file for bankruptcy
I remember their catalogues that came out every spring and fall.
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LoP Guest
lop guest
User ID: 467259
10-10-2018 10:05 PM

 



Post: #13
RE: Sears said to hire advisers as it prepares to file for bankruptcy
LoP Guest  Wrote: (10-10-2018 08:25 PM)
I remember their catalogues that came out every spring and fall.

Sears Christmas catalogue...Anon
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lil bird
Registered User
User ID: 458130
10-10-2018 10:07 PM

Posts: 1,711



Post: #14
RE: Sears said to hire advisers as it prepares to file for bankruptcy
time to buy that new washing machine

"Music, as far as I have seen in the world so far, is the only real magic that I know." TP
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Blastbeat Industries
Registered User
User ID: 453134
10-10-2018 10:22 PM

Posts: 1,708



Post: #15
RE: Sears said to hire advisers as it prepares to file for bankruptcy
lil bird  Wrote: (10-10-2018 10:07 PM)
time to buy that new washing machine

...from Best Buy.

Kanye West used to be the real vice-president.
Censorship is still un-American.
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