Well, at least we know where we should be applying for a job once Sears is no more. Amazon is rising the minimum wage for all of its workers (and I mean all of them - hourly and seasonal included) to $15... — read more
Financial Statements and Disclosure of all business units P&L
I have always found it very interesting that there is absolutely no side schedule of profit and loss by division/business unit. Example: Home Services. How does it do $ stand alone. How do each of it's different 14 divisions do. Just really surprised... — read more
SHOS vs LE vs SHLD vs Seritage
As of today 10/2/2018 the following stocks are: SHLD: 84 Cents LE: $17.16 SHOS: $2.87 SRG: $47.88 I just wanted to point out that the spinoffs are trading higher than the legacy SHLD stock. This is as of 7:46 am est pre market trading.
Want to bet on how low we'll go today?
I say 0.75. And I say we get a bankruptcy announcement by the end of the day.
Game over at Golf Mill
https://www.journal-topics.com/articles/golf-mill-sears-to-close/
I confronted my manager
I told him I need to know if I am going to lose my job right before the holidays or not... I have 2 kids... he said why would you think that? I told him that the state Sears is in is making me nervous and I mentioned reading some things on this... — read more
GE unexpectedly removes its CEO but Sears CEO is untouchable
GE CEO was on the job less than a year, screwed up big time and they whacked him from his job right away. But when Sears CEO is bankrupting a company for the last decade he still enjoying going to work twenty steps from his bedroom and on an... — read more
So about that loan payment...
He was supposed to produce proof today that he had the money to pay it. Or is he just going to brush that off?
$11 Billion deal
Turns out they should have had a cents sign not a dollar sign. That's about what its worth now. https://money.cnn.com/2004/11/17/news/fortune500/sears_kmart/ And so much of the article is quite hilarious now. Not that it wasn't back then.
Sears Bankruptcy Rumor
What do you think, when will the bankruptcy be filed? Enter date and time and let's see who wins the 2018 Sears bankruptcy rumor mill contest.
81 cents!!!
BURN!!!!
Eighty-Three Cents
Enough Said.
Eddie for President 2020
MARA - Make America Rock Again
Attn: shills and managers
Stop the b---s---. Sears is not going to continue for months and years through bk.... you've already taken advantage of enough people already with posting your fake news propaganda for months now. Give it a rest. Unload the goddamn truck yourself.
Sears is now a penny stock (article)
Link to news article dated October 1, 2018 https://www.wnct.com/news/national/sears-is-now-a-penny-stock/1489352458
SHLD Stock Matching Record Low
As of 12:40pm EDT on Monday, October 01, 2018, the SHLD stock has matched its record low of $0.84 with a market cap of 91.68M.
So when is this pig done for?
Will it be today or will it be dragged out until the 15? I want to laugh in my lying manager's face who says everything is just fine.
Hours cut again?
Our SM just got told by the DM to cut hours again. Most of us are below 15 and some only getting 10 or less. Most of the people they have hired for the Christmas season are now only getting three to four hours a week. Anyone elses store like this or... — read more
Cobra info
If the company or business your work for lays you off because they are bankrupt/going out of business, you lose your COBRA. It happened to me back in the "Great Recession". If you are lucky enough to live in a state that qualifies your for Medicaid... — read more
Still under a dollar
What happens if our stock does not recover and remains under a dollar today and for the remainder of the week? How long does it take before it is delisted? And how long after that before bankruptcy is announced? I think even the biggest optimists are... — read more
bye bye Sears....
It's all over people. BK this week... no severance, no nothing. Thanks Eddie!!!
for those with short memories...
Mark Johnson, who was recently hired by Sears, closed down Toys R us. Remember that?: 31,000 Toys 'R' Us employees: No job and no severance Mass layoffs are usually softened with a severance package, but Toys "R" Us employees won't get any because of... — read more
OK, Speculation is over...
Mark Johnson, the guy who closed Toys R Us, really has been hired by Sears. Google it if you don't believe it. I thought maybe it was another rumor until I checked it out. At this point anyone saying that Sears isn't filing bankruptcy soon has zero... — read more
Could this be true?
I work in a Sears store as my only source of income. I am friends with the store manager and have known him for years before I even worked here. He told me privately that he believes Sears will not last till Christmas but declare some kind of... — read more
Change
-It is probably too late. -The health of the company is dismal. -Being in a mall labels us as antiquated. -Hoffman the real estate is a big money s---er. Sell and move to a tax friendly St. Into an abandoned warehouse cheap. -The public still likes... — read more
Will Sears Holdings India affected and how long will it take
Does SHI has knowledge about these things.. Dey r still hiring.. Will it take years. The reason m asking, i got a job, should i move or stay fr some tym.
A&E service tech
I’m curious if anyone can answer this sears owns A&E appliance repair how are they going to be effected when sears goes bankrupt? I am a tech was wondering on what I need to do to get prepared
The last of the Mohicans
I find it fascinating to observe the last group of people still at Sears. I was there a few years back and most of the top performers from my team have left; some moved on to better companies in higher roles. The talk of bankruptcy has been in the... — read more
Sears Manager Here
I'm a Sears Manager. With the demise of Sears approaching, I would like to know if anyone knows of any job openings that would provide me with a similar paycheck and work environment. I have several years experience walking 5-6 miles a day while... — read more
PLEASE STOP
Sears is not going anywhere. Please stop posting fake news. I am trying to run a store on a skeleton crew, and if I lose any more people I may have to resort to helping out myself. A sears manager
Don't worry you will still get paid
Sears has already secured bankruptcy financing. The lights will stay on , you still get your paycheck.
Just rumors or not?
We have all heard these rumors for years. I work in a call center and my boss has not said a word about this. For my part, I’m not going to go to work just to get paid ( or not) or to get retention bonuses ( we don’t get any) I’m going to work just... — read more
When Bankruptcy happens.........
When Bankruptcy happens does it also affect Sears Hometown Stores? I apologize in advance if this is a stupid question but I'm not sure how it all works.
What happens to our health insurance when they declare bankruptcy?
I know we don't get much, but what happens to our insurance when the company declares bankruptcy? Do we get dunned for the entire cost of coverage, like with COBRA, even though we might still be employees? I'm at an age where I can barely afford the... — read more
SHLD Stock is on the Move!!!!
We;re coming back folks!!! Look at how our stock is soaring! Eddie will save the day! Market Summary > Sears Holdings Corp NASDAQ: SHLD 0.97 USD −0.042 (4.18%) Closed: Sep 28, 7:21 PM EDT · After hours 0.95 −0.018 (1.84%)
I'm a DM-- here's what I know.
Yes, Sears is going under any day now. Anyone who is not mentally r----ded can plainly see that. However, eddie is not going to jail. He is too smart for that. However, some of the rumors on here are downright ridiculous: No one is getting paid in... — read more
Paid with cash
Anybody get paid with cash yet as was rumored?
JCP Now does not have CEO and CFO
https://money.cnn.com/2018/09/28/news/companies/jcpenney-stock-ceo-cfo-department-stores/index.html
Bankruptcy to be announced 10/2
I just confirmed this with 2 diff sources, both of whom I know and have trusted for years in the upper ranks. Its happening folks.