Their selling what little that's left that has value. I expect a complete closing announcement before end of January.
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@hym - I agree, and I think we’d all like to see ESL get probed
two rounds to go. Summer will be when the fat lady sings
There is little merchandise left to sell. Vendors that would still sell to Sears are unlikely to be paid, and/or going to stiff their subcontractors. With few or no Buyers left, only the items that were ordered prior to their departure, and that vendors are willing to ship, will come in.
Gives us some stock numbers that are spring merchandise and we can check if it's true by looking it at sears.com.
Sears-under former CEO Eddie Lampert's leadership–still owes money to various companies.
Certified Capital LP filed objections to the Amended Notice Regarding Initial Distribution because they were left out of the money distribution by Sears, aka Debtors, according to court documents. Certified is owed $290,138.131.
Bradford Capital Advisors, LLC is owed $740,360.48. According to court documents filed this month, they were also left out of Sears' money distribution.
Lampert borrows money to keep Sears operating but we learn that vendors and other companies never saw a dime of their money. Where did the loan money go, Eddie?
Federal authorities need to launch a probe of Lampert's business transactions. Something is very, very wrong with this picture.
Corn fed fools!!!
Ain't not gonna be happenin'. Tis to be the end of a fantabulous dynasty.