They filed for bankruptcy protection.
Ohhh I just read the article sounds like they're in pretty deep
And they're stealing employee severance pay to give the people who destroyed the company bonuses.
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Idunno, haven't you noticed like every single big boi company falling into complete obscurity? It's kinda sad, besides your localized food chains and such it's pretty much centered around Wal-Mart's fat ass now.
is it over?
No, I don’t think it’s over just yet, but very close.
holy crap I nearly forgot about K-Mart. :(
@whatamievendoing117 Didn't that same group buy K-Mart or vice versa?
Yes. They have the same parent company, and Kmart is struggling.
They have to pony up $120M by the afternoon to even keep a chance alive.
No way in hell.
Penney's is not walking on water