Quote:
Originally Posted by Taeolas
Sears Canada is probably trying to do the Christmas Hail Mary play; hoping that the Back-to-School/Christmas shopping season might buy them some more time or at least to pad out the bottom line enough to trigger escape clauses or something.
But between the news the bankruptcy is generating, and the number of folk whom Sears Canada owes money to, they may not make it to the Shopping Season... or if they do, they won't have anything left to sell.
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If they would not be going to ask for an extension ti'll October 4th 2017 I would have disagreed. But I do agree since they are pushing for what seems to be an extension ti'll after the back to school sale season.