I can't believe this has been allowed. How can a company get away with letting stores degrade for over a decade only to close them in waves, then come out of bankruptcy and begin the process all over again. Can anyone name one single thing that changed in operations since the bankruptcy?
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But they have Kenmore that now has half of your kitchen needs got some Daewoo unknown fridges that have dual cooling and ice makers with no microwaves or ranges to go with it and some freezers....basically all the easiest products to reverse engineer are now Daewoo Kenmore products some decent looking fridges for the price and freezers that don't take much to manufactur that's the new Kenmore
What exactly is Amazon going to do with old, moldy stores located in seedy shopping plazas and dead malls? The better real estate is long gone – everything that has stuck around after the bankruptcy is worth almost nothing on the commercial real estate market in comparison to the portfolios of, say, Walmart, Target, Costco, Home Depot, etc. (not that their CEOs are in the business of selling off real estate rather than running a profitable, successful retailer – they just have well-kept stores in prime locations).
The judge and lawyers were all in on it good old boys club which I hear there is pending undercover investigation into the fraud... The end play is amazon buying the real estate
Nailed the definition of insanity.
@10ZJNGtf-ray Doesn't matter...
Incorrect. The stores are in AK, LA, and KS.
The 3 new Sears hardlines-only stores in IL, TX, and Anchorage?
It defies logic how the bankruptcy judge allowed the same man that drove the company into bankruptcy to then purchase the company outright and then expect better results.