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Old 12-22-2024 | 06:50 AM
  #19  
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gonyon
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Originally Posted by NKSpilot
See Big Lots too. Sale lease back a bunch of stores, Ch 11 bankruptcy, put up the $200M HQ as collateral for debt financing, supposed to swap debt for equity with creditors and get more financing, CEO cheerleading the whole time...now liquidating.

Cherry on top - Low income consumers reduced spending listed as a factor

Good luck to us.
eerily similar scenario. If nobody picks us up out of ch11 we are done
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