Sears filed chapter 11. Now what? 142 stores closing. How long until they announce more stores if they announce more stores? Is chapter 7 still an option? Did Sears pay the banks what was owed? I have already heard members at the store declining... — read more 

I hope if you're hard on Eddie that you also are on every other retail CEO of every other retailer that went bust. Fact is that every retailer eventually goes out and it's a cyclical business where tastes change fast. As far as I see Eddie took a... — read more 

I don’t think there is another person on the planet as stubborn as Eddie is. The fact that even he has given up is actually a major blow to your company. Let’s be real here....is there any person you can think of that would keep a company who loses... — read more 

Here is the list of 142 new store closings, according to the court filing. (In parentheses: other entities listed as lease assignee or co-tenants): Kmart Arkansas 2821 East Main St Russellville, AR 72801-9801 California 215 W Hanford/Armona Rd... — read more 

Post if you’re done

Could be good for company moving forward. You cannot debt that this company had a lot of baggage that bankruptcy is going to clear out. Maybe without costs of closed store leases etc the Ebita positive stores will be able to move forward.

Will the liquidation's start in a few days or straight away?

Trumps says he sad....and that Sears has been mismanaged for a very long time. If ANYONE knows about bankruptcy and mismanagement, it's THAT clown. SO MUCH WINNING!

Although alot of info on here was and is accuarate, due to today's filing, take info with a grain of salt. We will all find out for sure soon who is closing..

Remaining stores will they lose any positions? Have you heard if any of the remaining stores will lose any positions throughout the store?

Sears has petitioned the court to retain all current benefits, pay, and severance packages exactly as they were before the bankruptcy. There are some additional filings: Executives get full reimbursement for use of their corporate credit cards in... — read more 

NORRIDGE IL INDIANAPOLIS IN JASPER IN MOLINE IL FLORISSANT MO QUINCY IL LAKE ORION MI CHARLEVOIX MI MIDDLEBURG HGTS OH GRIFFITH IN COUNCIL BLUFFS IA KANSAS CITY MO ST JOSEPH MO KANSAS CITY KS CHEROKEE IA WEBSTER CITY IA CASPER WY SALINA KS... — read more 

This is directly from the motions being filed with the Bankruptcy Court - a request to close these stores immediately. (List in progress) 1 4455 Kmart Corporation "3955 S W Murray Blvd Beaverton, OR 97005-2316" 2 3982 Kmart Corporation "215 W... — read more 

Keep seeing this stated in many of the articles about SHLD's bankruptcy. "The fallen retailer said Monday in its new bankruptcy protection filing that it sees the potential to leave as many as 400 stores open after its reorganization in the courts... — read more 

Is Your Sears or Kmart Closing? Sears Holdings plans to close a combined 150 Sears and Kmart stores. STOREADDRESSCITYSTATE Kmart300 Highway 78 EJasperAlabama Sears*301 Cox Creek PkwyFlorenceAlabama Kmart2003 US Hwy 280 BypassPhenix CityAlabama... — read more 

but nothing tangible for employees? http://restructuring.searsholdings.com/

https://www.cnbc.com/2018/10/15/sears-is-closing-another-142-stores-heres-a-map-of-the-locations-it-has-left.html

One of the few articles worth reading (there are certainly enough of them out there - we seem to be the news of the day.) This map shows all the locations Sears once operated and what it has left today... — read more 

Is this it? Is Chapter 7 next? Is there ANYTHING that can be done so we don't end up like Toys R Us?

I hate going through this. This is so nerve wracking. Why didn't they release this list when they filed bankruptcy in the middle of the night? Why do we have to wait until probably 6 PM to find out?

On October 14, 2018, Mr. Lampert stepped down as Chief Executive Officer of the Company. He will continue to serve as Chairman of the Company’s Board of Directors (the “Board”). To fulfill the responsibilities of the Chief Executive Officer, the... — read more 

People who are afraid their store is about to close (even those who are not) should apply for a new job at Whole Foods if there is one anywhere close. They were bought by Amazon and were a part of that whole $15 minimal pay change. That would be an... — read more 

He has so much of his own money tied into Sears, doesn't he have the best incentive to find a way to make things work? I see everybody celebrating that he is no longer the CEO, but I honestly can't figure out what's there to celebrate. Especially... — read more 

.27 per share pre-market at 7:25am. No big surprise considering the bankruptcy filing. It will be interesting to see what happens when the live market opens later this morning.

Does Chapter 11 mean we don't get severances from now on when we are laid off?

Do you think managers have already been told if their store is closing? or are they in the dark like the rest of us? The number of closing stores is very specific, so I'm positive the list has already been made. The only question is when it will be... — read more 

But, as many of us know, he’s always called the shots, even before his self coronation as king. Who will get the honors now? Don’t think they will promote from within but then I’d think anyone from the outside would have to be dragged kick and... — read more 

Anyone else get a email tlo be on a 9:15 cst conf call this morning? I pray its a call to notify we are closing.

"Sears Holdings Initiates Processes To Accelerate Strategic Transformation And Facilitate Financial Restructuring" In other words - we screwed up and we are now going to screw over employees by closing stores and laying people off without severance... — read more 

It would be great if we could get some insight from people who have already been through this and know better than anybody else what we are looking at in the following months. I'm not sure if anybody from Sears Canada still visits this page... — read more 

We have no financial, political, or executive say in decisions whatsoever. We are not major shareholders, or even minor shareholders. We are not creditors or suppliers. We hold no positions of power in any respect, inside or outside the company. And... — read more 

But we still have Leena. So the scumbag execs are still around.

http://searsholdings.com/press-releases/pr/2116

So now bankruptcy has been officially confirmed what's the time line for SHI?

Most of these threads the last few weeks have been obvious LARP's in order to wind people up or push a particular point of view. In essence, the have been useless for the thousands of employees now facing an uncertain future. Here is what can now be... — read more 

Maybe /Donald Trump Jr as new CEO? Eddie going to try to buy some stores

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