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Old 12-28-2018, 03:02 PM   #3413
OtinG
Old Gadget Guy
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Tick tock the clock is ticking down

Tick tock, the clock is about to run down on Sears as they have until the end of today to file a legitimate bailout offer, and it doesn't appear they have the means to do so. If they don't, well, imagine Sears as a lone, sick, weak gazelle surrounded by a large pride of starving lions--it is not going to go well for them. The creditors will rip Sears and Kmart into tiny little shreds. I remember in the 1960s when my little home town would be all excited every time a new Sears catalog appeared in our mailboxes. It was known widely as the "Wish Book". It was the big retail store in my part of the country. But the times they were a changing and sears failed to change along with them. So while it is sad to see a 125 year old retail giant die, they get what they deserve IMO. I feel sorry for the employees, but not the stockholders/owners.
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