Thread regarding Sears layoffs

What does November 1, 2018 bring?

I heard a new list of closing stores will be released.. the ones that are listed as “designated” stores in the bankruptcy documents

Does anyone have any further information on this or is it just rumors?

There are 3 cstergiries of stores listed in the ch 11 documents:

“Unrestricted” stores: these are the 142 that were announced to close earlier in October

“Designated” stores: there is about 211 stores in this category and it’s rumored these will be announced as closing Nov 1st

“Restricted” stores: the remaining stores that fast Eddie wants to buy

These lists are in the ch11 documents at Prime Ckerks website,

Www.primeckerk.com

First day motion doc#7 which is 307 pages but the lists are at the very end of that particular motion with explanation of each with approx dates

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Post ID: @OP+VVxBkud

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Nothing is being closed yet as they cancelled today’s court date and have not secured funds to make payroll after this week yet. They may convert to 7 if they don’t find a backer in the next week or so as they will not make payroll if they don’t.

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Post ID: @uhf+VVxBkud

"I heard a new list of closing stores will be released.. the ones that are listed as “designated” stores in the bankruptcy documents"

Short answer: you heard right.

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Post ID: @piq+VVxBkud

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