The 333 "Safe" Stores have an interesting composition as the majority of them are K-Mart stores... specifically 206 - Only 127 Full Line Sears stores are considered safe.
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Sears has a few months to present the judge with a plan to profitability for a restructured Co. If not the Company is liquidated. Find a new job
Most are owned properties that Are Safe" or lease properties making money
The owned will eventually be sold off to pay down debt.
Eddies companies will end up with them eventually.
Almost all the "unsafe" are leased properties and they will continue to not make money.
Anyone have the table with Safe, Restricted (bubble), and closing stores for both formats?
I'm curious because Kmarts generate so much less revenue per store. If the are keeping more Kmarts, then they have to slash costs even more than I anticipated. Which was a massive amount.
There are no "safe" stores. The lists are fluid and can change at any time as all stores are evaluated.
It will be a moot point when Chapter 7 is announced.