Can Sears Pay its Vendors? Archives - Market Mad House

Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

The Death Spiral

Eddie Lampert has gone Nuts, Sears is Suing Craftsman Supplier

May 17, 2017May 17, 2017 daniel Blame the Vendors, Can Sears Pay its Vendors?, Eddie Lampert has gone Nuts, How and Why Lampert is closing Sears and Kmart Stores, Is Sears Headed to Bankruptcy?, Lampert is Getting Crazier as Sears collapses around him, Lampert’s Lousy Business Strategy, One World Technologies, pattern to Sears and Kmart closures., Sears Acceptance Corporation, Sears Holdings (NASDAQ: SHLD), Sears is also paying Seritage a lot of rent, Sears is Suing Craftsman Supplier, Sears simply lacks the resources to pay its debts, Sears’ liabilities of $13.19 billion’ greatly exceeded its assets of $9.326 billion, Seritage Growth Properties (NYSE: SRG), Seritage is making big money renting old Sears’ stores to high end retailers such as Whole Foods Market (NASDAQ: WFM)

Sears Holdings’ (NASDAQ: SHLD) CEO Eddie Lampert is justifying suspicions that he is crazy. His newest turnaround strategy of blaming