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bar1080

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bar1080

Re: Crusen post# 1128

Wednesday, 03/22/2017 7:45:37 PM

Wednesday, March 22, 2017 7:45:37 PM

Post# of 37346
Death Spiral: "With Sears' future in doubt, vendors begin pulling back"

"Mark Cohen, the former chief executive of Sears Canada and director of retail studies at Columbia Business School in New York City, said vendors will keep a close eye on Sears' finances. "Whatever vendors continue to support them are now going to put them on even more of a short string. That means they’ll ship them smaller quantities and demand payment either in advance or immediately upon delivery."

He added: "Sears stores are pathetically badly inventoried today and they will become worse."

http://finance.yahoo.com/news/sears-future-doubt-vendors-begin-213711424.html

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