They are filing the motion for Chapter 7 tomorrow. All US stores will be up for liquidation UNLESS the Canadian buyers are interested in saving a select number of stores.
There will be letters sent out that will discuss the closure.
Something about a guaranteed 60 days of working-admittedly I don’t quite understand this especially if you are already in a closing store and you were told you’d be terminated with no option to transfer, perhaps it doesn’t apply.
Also sounds like online will be shut down in a few weeks.
Regardless of what is said verbally it is important to NOT believe anyone in regards to a severance or retention bonus UNLESS you are actually signing a contract. They just reneged on the January closing stores a few weeks back and I would hate for that to happen again. Puts a VERY negative spin on things and kills morale.