2016 liquidating michigan
2016 liquidating michigan - speed dating modesto ca
The court granted the request for a temporary restraining order and set a hearing date of January 27, 2016 for the preliminary injunction.The suit alleges that Liquidation, LLC provides unlawful vehicle title loans.
The stores will close in late July, except those marked with an asterisk (*), which close in mid-September.The company did not disclose the number of jobs that would be lost, but said most are part-time and hourly employees.Eligible workers would receive severance pay and can apply for open jobs at other Kmart and Sears stores. The number of stores grew, and the company name was changed to Kmart.Another Kmart store in metro Detroit — this time Clinton Township — is closing, the company said today.The store, at 34800 Groesbeck Highway, is slated to close in mid-October and will begin a liquidation sale July 28, said Howard Riefs, spokesman for Sears Holdings, which owns Kmart.The new wave of closures follows Sears' decision to shut down nearly 80 stores — most of which were Kmart stores — in July.
Moody's analysts warned last week that Kmart doesn't have enough cash or access to cash to stay in business.
In April, the Hoffman Estates, Ill.-based company announced it was closing 79 Kmart and Sears stores nationwide.
In that announcement, three stores were in Michigan.
The first Kmart opened in Garden City in 1962, as a part of the S. It was headquartered in Troy until it merged with Sears more than a decade ago.
At one time, Sears and Kmart were the largest two retailers in the U. But, since 2002, when the company filed for bankruptcy protection, Kmart has been struggling and closing stores.
The December Cease and Desist Order was shared with over 1,000 Michigan businesses that might unknowingly assist Liquidation, LLC with repossession of vehicles or other related services.