Thread regarding Sears layoffs

How many retailers emerge from Chapter 11 successfully?

Name one? Must've been led by a smart guy with a proven track record of success, and probably not a complete buffoon with fourteen years of complete and total failure under his belt.

On the other hand, how many retailers have filed for Chapter 22?

American Apparel Ch 11 2015, Ch 11 2016. . . toast

Radio Shack 2015, 2017. . . toast

Wet Seal 2015, 2017. . . toast

Sports Chalet 2016, 2017. . . toast

Gymboree 2017, 2019. . . toast

KB Toys 2004, 2008. . . toast

Tweeter 2007, 2008. . . toast

Odds say that Eddie's got 12 Billion reasons that he's next on the list

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Post ID: @OP+XBwIn4w

10 replies (most recent on top)

They almost all eventually die

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Post ID: @2viy+XBwIn4w

Radio Shack isn't toast, they went online only and store-within-store concepts:

Try the link and see for yourself:

radioshack.com

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Post ID: @1hny+XBwIn4w

Meaning that the corporation took the name of the company it acquired.

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Post ID: @1sle+XBwIn4w

--nwn: True although that version of Macy's later sold itself to Federated who then assumed the Macy's name. Similar to when Kmart bought Sears Roebuck.

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Post ID: @1mgs+XBwIn4w

Macy's 1992

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Post ID: @nwn+XBwIn4w

Based on the examples above Sears & KMart likely have another year or two before they're gone.

Of course most expect to see additional waves of closures stating any time now, and I personally think KMart will be killed off first so Eddie can concentrate on trying to save Sears.

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Post ID: @bgv+XBwIn4w

Your examples are of 2-4 years between bankruptcy. Eddie took 16 years and the company isn't dead just yet. Kmart is on bankruptcy No. 2 while Sears is only on No.1.

Successfully? Well continuing to exist for 16 years is some kind of success.

Yes Eddie s---s and is an a--hole.

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Post ID: @svk+XBwIn4w

O P Your looking at the glass half empty. Now that Ed knows how to do it wrong he will be able to do it right this time, S----it up buttercup it's all blue sky's and sunshine from now on

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Post ID: @lnj+XBwIn4w

Sears Holdings Corp: Declared Chapter 11 Oct 2018 - Toast

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Post ID: @hmo+XBwIn4w

Kmart 2002

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Post ID: @kfl+XBwIn4w

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