Thread regarding Staples Inc. layoffs

Hmmm... Not Paying Rent? Is this a bad sign?

https://www.axios.com/staples-refuse-pay-landlords-rent-april-coronavirus-11dd7832-4ba6-4afa-9331-3885cae7ce23.html

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Post ID: @OP+14o5Y7XM

7 replies (most recent on top)

Maybe now they can pay the bonus that was earned long before this f—ing mess. This company s—s.

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Post ID: @6sbe+14o5Y7XM

Heartless and greedy Sycamore Partners. Can you imagine the behind the scenes conversations going on with the SLT? This is a very bad look.

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Post ID: @2cae+14o5Y7XM

Anyone know if Staples is paying the rent (to Sycamore) for the unused HQ this month, next month, etc? That would be an interesting and revealing tidbit to understanding whether Sycamore thinks Staples has a prayer (in which case, it would grant a rent forbearance, since money is obviously tight).

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Post ID: @1aid+14o5Y7XM

It's the End of times and they have a plan to drain the remaining cash from retail... whse will empty, trucks will stop coming, store inventory to zero and then SO LONG S—ER'S

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Post ID: @1akn+14o5Y7XM

Furloughed 100% telling my landlord I'm no longer paying rent.

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Post ID: @vkd+14o5Y7XM

Maybe the A.L. post on LinkedIn about Staples Stores teaming up with Children's Miracle Network explains this. I mean where else would Staples get the money for PR plays. Screw the landlords to gain positive public perception right?

Thats said, it's nice of Staples to use other people's (landlord) money to pay for the PR.

Yes. I'm being a b...

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Post ID: @myf+14o5Y7XM

Sh#t bag owners SP...perfect storm of events to expedite bankruptcy of Staples and now they refuse to pay their rent.

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Post ID: @uwi+14o5Y7XM

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