i believe the "safety net" for the retained employees was to pay them through the 2020 fiscal year which end 2/28/2020.
severance pay would be cheaper than keeping the whole store open.
this is why eddie said he might consider an ipo 3+ years out. there were things he could do without answering to stockholders that he couldn't do with stockholders.
closing stores, downsizing footprints, laying off employees are some of the things eddie can do when he is only answering to himself.
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