The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt


Subject:  Important infomation about Sears Date:  8/21/2001  11:37 PM
Author:  JnJfools Number:  87643 of 312954

According to Edgar, Sears 6/31/01 Income Statement is showing negative 640 million dollar from last year.

Look at the effect, us the foolish community, are participating in.
Because we are not shopping there, refusing to be bullied by high interest rates and paying off our credit cards, they are suffering a bit. The economy is also hitting them hard.

Warning: If you have accounts with Sears, this is a warning to pay off your balances and close your accounts. It is possible that they will sell accounts to cut loses (this is why they are issuing the mastercard).

Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us