If Sears is going to emerge out of bankruptcy, they need to reinvent themselves through a heavy investment online, in store and marketing. The history would suggest that if Eddie remains at the helm, investing in these areas won’t happen. It’s over for Sears!
Vulture Capitalist ready to pick the bones. Employees be damned. Sears has already looted the pension fund. The Reagan pension reforms in 1986 made it legal for corporations to take pension funds to invest into failing companies and disregard their vested employees
Let it die a peaceful death. Why prolong the agony any longer?
But you can rest assured Lampert will make a Yuge profit off it
Nice
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Elizabeth Warren blasts Sears buyer as a ‘practitioner of predatory capitalism’Elizabeth Warren blasts Sears buyer Eddie Lampert, calling him a 'practitioner of predatory capitalism' Lol predatory capitalism. How bout outright scholarship fraud She needs to stop. This is not her area. Leave it to the judges. Remind me how Warren made her money
Source: MarketWatch - 🏆 3. / 97 Read more »
Sears makes case to judge for rescue deal with chairman LampertThe once-mighty Sears department store chain took its fight for survival to a ba... Anagram for arses Is this story not over with yet? Let's wrap this up, folks. Really disturbed by this because I used to walk my dog in the local Sears just to escape from the brutal Alabama winters. It was amazing just to walk around and see the items they had for sale. I'll usually just go to Home Depot afterwards to buy because my cousin worked there
Source: Reuters - 🏆 2. / 97 Read more »
Is Eddie Lampert set to 'steal' Kenmore brand? Courtroom clash will decide fate of SearsThe U.S. government's pension agency and major creditors are lining up to block a last-minute bid to save Sears Holdings from liquidation. Shut it down already. 60 Minutes did a special on how all Kenmore Oven Doors glass cracks.
Source: USATODAY - 🏆 100. / 63 Read more »
U.S. agency seeks approval to take over Sears pensionsA U.S. agency that insures worker pensions sought permission on Friday to take o... Ifb So they can tell them all 'Sorry suckers.' Let' see monday.
Source: Reuters - 🏆 2. / 97 Read more »
Sears' moment of truth is comingThe next week could determine whether Sears, once the nation's largest and most important retailer, lives or dies. I thought it had died already? It's not dead yet?
Source: CNN - 🏆 4. / 95 Read more »
Bystanders of Sears' downfall will get their day in court MondayUnsecured creditors are objecting to Lampert's $5.2 billion deal to buy Sears out of bankruptcy, the only deal that would stave off liquidation. ARTICLE ONLINE PENSION OLD KMART OR SEARS...…. ARTICLES PENSION OLD K MART/SEARS STEPING UP TO GET THEIR SHARE... SURE BONDHOLDERS CREDITORS TRY GET AS MUCH AS THERE SHARE
Source: CNBC - 🏆 12. / 72 Read more »
Stock futures flat | Casualties of Sears' get day in court | Patriots win Super BowlFutures are relatively flat ahead of the Monday session, following six straight weeks of gains for both the Dow and Nasdaq. That face you make when $TRX just liquidate your bifmez account
Source: CNBC - 🏆 12. / 72 Read more »
More store closings are likely even if Sears survivesCNN News, delivered. Select from our newsletters below and enter your email to subscribe. But, but, Trump said...🙄 Very sorry
Source: CNN - 🏆 4. / 95 Read more »
Sears unsecured creditors challenge claim Lampert's bid will save about 45,000 jobsEddie Lampert's $5.2 billion deal to buy Sears out of bankruptcy, is the only deal that would stave off liquidation and save 45,000 jobs. But Sears plans more store closures and layoffs in 2019. Rrrrright... he's doing it to save jobs Secured credit infrastructure luvstrongerh8 enemies close ally attn nameless faceless voids target weakest link insecurities Case StudyinStates sovereign science bankrate not WE sabotage 4jobs 'our' people create crack office hack 45k jobs searsStyle
Source: CNBC - 🏆 12. / 72 Read more »
Toys R Us workers are training Sears workers to fight for severanceA bankruptcy court could decide whether Sears lives or dies this week. Laid-off employees are fighting for severance and benefits, following the example of Toys R Us workers who also lost their jobs. This is incredible seeing these workers ban together! Sadly, the nail in the coffin. I love it when we stick together!
Source: washingtonpost - 🏆 95. / 72 Read more »