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Actually they do.Not really, legally speaking they only need to give a reason which can be extremely vague, like “misuse” “abuse” “not used as intended” or “credit risk”.
I’ve been on the receiving end of shutdowns from banks and other businesses over the years. While it sucks, this is America, nobody can force them to do business with you. They don’t need to “justify” shutting anybody down.
It still does not justify them for not explaining or allowing explanations before closures.
When Lampert first got into Sears (and then KMart) he was hailed as a genius for the Real Estate play.I didn't read any of these articles yet, but this reminds me of Mcdonalds.
Obviously that was before 2008 came along.
I just caught the tail end (literally last sentence) of a Bloomberg radio piece where someone was discussing SHLD, and he said something about Lampert doing something right to extract value. I can't comment on anything as I didn't hear the full piece, but if someone finds it posted online would be interesting to listen to.
The saga continues:
https://www.bloomberg.com/news/articles/2019-05-31/lampert-s-backpedaling-at-sears-renews-uproar-over-severance-pay?srnd=premiumhttps://www.bloomberg.com/news/articles/2019-05-31/lampert-s-backpedaling-at-sears-renews-uproar-over-severance-pay?srnd=premium
Anyone know if the "Teva" meat they sell in Costco is "OU Glatt" and weather it's local or imported?I asked this in a kashrus thread recently.
Yup, very sad: https://www.dansdeals.com/points-travel/hyatt/hyatt-2019-annual-category-changes-lock-lower-rates-anniversary-nights-hotels-getting-expensive-now/I stayed there before Pesach but the pool doesn’t seem to be heated and they don’t have a hot tub. Great location though.
Got one last 5K trip (less a 1.5K Q2 rebate!) to take my kids to the pool on chol hamoed.