Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

Stock price tomorrow will probably be about 5 cents

Any buyers? The only problem is you will be stuck with the $5.8B debt, as well as crumbling stores, a systems that are a shambles, and lawsuits from vendors, communities, and everyone who has ever been wronged by Sears or Kmart.

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| 590 views | | 4 replies (last October 15, 2018)
Post ID: @OP+VEu87eG

This debacle started LONG before Eddie Lampert

Sears used to be a conglomerate that included Allstate, Coldwell Banker, Dean Witter, and a few more smaller companies. Corporate raiders made the companies split up, or as they called it, spin-off, into separate companies. This was done in the name... — read more 

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| 880 views | | 13 replies (last October 15, 2018)
Post ID: @OP+VE8zYer

Every day that passes, the so-called "Doomers"

are proven more and more correct. Well. calling people who disagree with you names is childish and proof you cannot handle opposing views, probably because you lack the ability to adapt to change, and so you fear change. Those who are objective and... — read more 

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| 460 views | | 2 replies (last October 15, 2018)
Post ID: @OP+VEHhItg

ESL TO Provide Part of the DIP!

... If true; this might be the oddest bankruptcy filing ever. Lampert has (reportedly) proposed to offer approx. $500 million dollars of the DIP through his ESL hedge fund.

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| 630 views | | 5 replies (last October 15, 2018)
Post ID: @OP+VElIbSL

Na zdraví! opleskiv! Saluti! Stin ygeiá sas! uzbuđenja!

As I sit here with my bottle of Medivka , it's been an experience. Good wishes for whatever you will all do beyond Sears. The end is coming and the endless headache is almost over. Good times and bad are all part of the journey my friends, so Cheers!

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| 295 views | | no replies yet
Post ID: @OP+VEI86kU

Peggy Mitchell- Will She be Fired? (Chicago Ridge, Ill)

The company’s decline has also exacted a toll on its workers. Peggy Mitchell, 55, who works full time unloading delivery trucks at the Sears in Chicago Ridge, Ill., said she barely makes enough to make ends meet. Ms. Mitchell, who has four children... — read more 

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| 865 views | | 2 replies (last October 15, 2018)
Post ID: @OP+VE0jvrL

The mice are moving in!

I just dealt with a member who returned a washer and dryer the same day it was bought for no other reason than they found mice p--p right on top of the dryer when they unboxed it. All of the washer and dryer boxes have little rectangular holes on... — read more 

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| 1380 views | | 10 replies (last February 26, 2019)
Post ID: @OP+VEspNcN

Monday Morning

There will be no bankruptcy announcement tomorrow morning. All you nay sayers have been looking to stick a fork in this company for years. Yes we are closing stores but all of retail is changing. When the dust settles and you are working for this... — read more 

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| 1770 views | | 13 replies (last October 15, 2018)
Post ID: @OP+VDgmFIQ

Ever crossed your mind....

That what Sears is doing is illogical? It's costing them billions to drag this on like they are, and no, Eddie is not recouping his losses, he is losing money. Yes, he is doing his best to mitigate them, but make no mistake, he is still losing money... — read more 

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| 920 views | | 9 replies (last October 15, 2018)
Post ID: @OP+VDPJD4x

WHEN?!

By when the hell are they going to announce this damn thing?!

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| 1240 views | | 10 replies (last October 15, 2018)
Post ID: @OP+VD1MV2W

Sears Home Seevices - During Chapter 11

Will they keep it going under the 11 filing or will it be shut down with all the other stores? Does it actuall make money for sears? If yes, will stay up. If no, will close immediatly. Would be nice to know if it makes money or not.

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| 1640 views | | 14 replies (last October 15, 2018)
Post ID: @OP+VDcG5cr

Here’s where Sears got it wrong

I don't even know if it matters anymore, and it’s definitely not my intention to rub salt into anybody's wound, but as we face the fact that BK is unavoidable it’s becoming more and more clear that Sears started going in the wrong direction many... — read more 

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| 960 views | | 4 replies (last October 14, 2018)
Post ID: @OP+VDjKXB3

If ch 7 is filed and made public on Sunday 10/14/18

Will we report to work as usual on Monday? Or will the doors be locked until the liquidators arrive? How will we be notified if ch 7 is announced after the store closes on Sunday? You wd think there wd be some kind of direction from management

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| 1500 views | | 10 replies (last October 15, 2018)
Post ID: @OP+VDvsSIT

Keeping everyone in the dark

I am a manager and we had a morning meeting as usual. Our sgm was off yesterday, so our zs did the meeting. Right now it’s business as usual, and store managers know just as much as the rest of us. Leave everyone out of the loop until the last... — read more 

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| 1060 views | | 7 replies (last October 14, 2018)
Post ID: @OP+VDZGY90

Layaways/Bankruptcy

What happens to the customers layaways if the company files bankruptcy? Will they have a chance to come and pay them off to pick them up?

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| 660 views | | 4 replies (last October 14, 2018)
Post ID: @OP+VDNCI0c

$11 billion to $40 million. 'Nuff said.

I hope bankruptcy hits Sears like a train and destroys every last bit of its overdue non-existence. Sears is a relic of the past and should have gone down with Montgomery Wards. Eddie Lampert has simply siphoned off any asset worth developing to... — read more 

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| 880 views | | 5 replies (last October 17, 2018)
Post ID: @OP+VDaUWJp

points balance

Do ya think they will wipe out our points balance come Monday?

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| 690 views | | 3 replies (last October 14, 2018)
Post ID: @OP+VDCfB4r

In home services is a profitable business

Home Services is a profitable part of Sears. Unfortunately it was not profitable enough to keep retail stores afloat. In Home service is worth more, as a whole, then it would be if it is closed and assets sold. Someone including Ed might want to... — read more 

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| 750 views | | 4 replies (last October 14, 2018)
Post ID: @OP+VDoSEHm

Round Rock Texas Call Center

If SHLD files BK- is it business as usual for the STAC technicians that answer calls from field techs- and the customer service teams in Round Rock? It’s a corporate owned property, probably worth a good chunk of change- What about sears.com and home... — read more 

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| 890 views | | 5 replies (last October 16, 2018)
Post ID: @OP+VDMH1zW

Severance pay

I’m a former Sears associate currently on severance pay will I still receive my severance pay if they file for bankruptcy ?

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| 1030 views | | 7 replies (last October 14, 2018)
Post ID: @OP+VCZCaUs

Boils down to....

Chapter 11..... close 150 store immediately, keep 400 open til Xmas then close them, leave 300 for small footprint in market. Chapter 7 ... Lock all doors Monday morning and then liquidate.

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| 2140 views | | 16 replies (last October 14, 2018)
Post ID: @OP+VCayDdU

Ace

Do other readers have ACe hardware popups on this page. Is Eddie Lampert a big invester in ACE.

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| 734 views | | 4 replies (last October 14, 2018)
Post ID: @OP+VC6gKIN

Points offer

Here is a kmart.com offer valid through this Saturday, 10/6/18: Points paid in three $25 installments: 24 hours after transaction, 10/30/18, and 12/2/18 Get $75 CASHBACK in points when you spend $75+ at Kmart.com. See details. Members get $75... — read more 

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| 740 views | | 7 replies (last October 14, 2018)
Post ID: @OP+VC50nNg

Some useful info on all possible BK scenarios

I have no dog in this fight and have never posted here, but the lack of totally off-base information and wishful thinking that is posted here is just short of dangerous in it's potential if people take it as truth. First, there is a lot of gray area... — read more 

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| 1230 views | | 4 replies (last October 13, 2018)
Post ID: @OP+VCtivzw

Something to break the tension for a few minutes

post links to clothes that Sears sells that could be Halloween costumes that are not supposed to be I call this one "Bad Wallpaper" https://www.sears.com/tiana-b-women-s-shift-dress-floral/p-A015020139?sellerId=SEARS&prdNo=19&blockNo=19&blockType=G19 — read more 

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| 1020 views | | 8 replies (last October 13, 2018)
Post ID: @OP+VCfl5vn

outlet stores

Are Outlet stores affected? Haven't really noticed outlets on previous closing list or are they already detached from Sears Holdings?

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| 730 views | | 6 replies (last October 13, 2018)
Post ID: @OP+VCTmnLA

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