Scraps by Curb vs. Sears Holdings

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AGhead
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Re: Scraps by Curb vs. Sears Holdings

Postby AGhead » Fri Dec 28, 2018

It seems like amazon or someone would buy this bled business @ .20 to .30 per share, especially if real estate came with the buyout. (but all that's above my understandings))
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BotanicusRex
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Re: Scraps by Curb vs. Sears Holdings

Postby BotanicusRex » Fri Dec 28, 2018

It deserves to die... but still kinda sad.
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AGhead
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Re: Scraps by Curb vs. Sears Holdings

Postby AGhead » Fri Dec 28, 2018

BotanicusRex wrote:It deserves to die... but still kinda sad.

Curious as why. Due to poor management?
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Brick's
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Re: Scraps by Curb vs. Sears Holdings

Postby Brick's » Fri Dec 28, 2018

Investopedia provides a rather lengthy synopsis: https://www.investopedia.com/news/downfall-of-sears/
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BotanicusRex
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Re: Scraps by Curb vs. Sears Holdings

Postby BotanicusRex » Fri Dec 28, 2018

AGhead wrote:
BotanicusRex wrote:It deserves to die... but still kinda sad.

Curious as why. Due to poor management?

Absolutely. Lack of and flawed foresight.

1. "This is what always has worked for us."
2. "Wal-Mart can't sell that cheap and stay in business."
3. "People are skeptical of those dot-com retailers, they won't last."
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Purple and Gold
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Re: Scraps by Curb vs. Sears Holdings

Postby Purple and Gold » Fri Dec 28, 2018

Is JC Penny far behind? Their stock is less than $1 per share now
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Re: Scraps by Curb vs. Sears Holdings

Postby MileHighSilver » Fri Dec 28, 2018

tdtwedt wrote:Sears may be down to its last 24 hours. Iconic retailer likely liquidates if no bid comes in Friday

https://www.cnbc.com/2018/12/27/sears-m ... orrow.html



Eddie throws a last minute Hail Mary,

https://nypost.com/2018/12/28/eddie-lam ... NYPTwitter
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BotanicusRex
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Re: Scraps by Curb vs. Sears Holdings

Postby BotanicusRex » Fri Dec 28, 2018

One more week to spend those Sears gift cards in the back of the drawer.
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Re: Scraps by Curb vs. Sears Holdings

Postby fredzoyt » Fri Dec 28, 2018

Amazon and Walmart will fall too eventually. No one stays on top and cutting edge indefinitely.
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tdtwedt
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Re: Scraps by Curb vs. Sears Holdings

Postby tdtwedt » Mon Dec 31, 2018

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There are more ways than one to skin a cat.

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tdtwedt
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Re: Scraps by Curb vs. Sears Holdings

Postby tdtwedt » Tue Jan 08, 2019

It's lights out for Sears on Tuesday unless Eddie Lampert can sweeten his bid

Sears is planning to announce its decision on Chairman Eddie Lampert's bid to save the company Tuesday morning, people familiar with situation tell CNBC.

Sears believes Lampert's bid is short, and the two parties have been unable to come to a resolution.

Without a fix, Sears will liquidate.


https://www.cnbc.com/2019/01/07/sears-i ... y-fix.html
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BotanicusRex
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Re: Scraps by Curb vs. Sears Holdings

Postby BotanicusRex » Tue Jan 08, 2019

Judge gives Lampert more time. Maybe it's delaying the inevitable, but a ray of hope for 50,000 employees.
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