What's the point of announcing the closing of 80 more stores if liquidation is imminent?
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This was already planned probably back in September. They're systematically shutting down so there isn't a glut of real estate hitting the market all at once like there was for Toys R Us and all their properties. You shut them down in stages like this, it keeps their value high. Remember, Fast Eddie wanted them for their real estate, and the last few years their closings have been expedited. There's a reason for that, you shut them all down, you have 4,000+ properties suddenly on the market, but you shutdown a few hundred a year, only a few hundred are available. He's certainly a conman who used this to make himself richer. Thanks, Fast Eddie, you turned Kmart and Sears into your own real estate, not the iconic brands they could have stayed!
Its called business as usual so the mushrooms can continuously be kept in the dark