That's why they stopped playing ball with him.

I work at corporate. You’d have to be stupid to not know we are heading towards bankruptcy very soon. Im riding it out for a number of reasons from retention bonuses to the lack of pressure to get results making the work week easy. When you work for... — read more 

Look for a job now

I hear through the grapevine that both suppliers of diehard batteries have cut Sears off. CASH ON DELIVERY.

There is now zero reason for waiting. Bankruptcy is imminent. And with bankruptcy there is no severance. Which means those left by then will have no job and no money to lean back on while searching for one. Not to mention that there will be a lot of... — read more 

Lambert stopped loaning money to Sears knowing there would be a cash crunch forcing the company to sell assets to him.

.

Either the creditors will have to accept Eddies continued buyout plan of remaining assets, or accept bankruptcy, or better yet take thier interest in Shop Your Way points or diluted shares that will basically be about 10 cents per share at that... — read more 

This is a new low, even for Sears. Dropping under $1 pretty much seals our fate. I'm starting to finally accept there is absolutely nothing that we can do right now that would reverse the direction of where this company is going. Am I wrong? Is there... — read more 

Bet on it.

https://www.poughkeepsiejournal.com/story/news/local/2018/09/28/kmart-poughkeepsie-close-december-71-employees-lose-jobs/1454457002/

As of 11:15AM EDT on Friday, September 28, 2018, the SHLD stock is at a new record low of $0.91 with a market cap of 99.19M!!

According to this article, Monday is a crucial day for SHLD. Looks like Eddie is facing a very hectic weekend. "A large debt payment is hanging over Sears' head next month. Time is running short, as Sears previously disclosed it faces "significant... — read more 

A jar of spaghetti sauce is worth more! All the items at the Dollar Store is worth more!

Under a $1 our work is done

Just wondering if anybody has heard if the handwritten blowout signs will make a comeback when we get alittle closer to the Christmas season Wasn't it November 2017 when they introduced and it seemed the customers liked it, but then it seemed Sears... — read more 

Asking for several thousand friends

The primary obstacle in his plan... is that it does not take into account that the core business is failing. It requires selling off at least $1.5B of "encumbered" real-estate to pay creditors; commencing 1st with secured creditors. It mentions... — read more 

So it looks like Eddie has to keep SHLD out of bankruptcy at all costs. But given that, what on earth is the real end game here? Per Bloomberg: "In Chapter 11, related-party transactions would expose Lampert to lengthy discovery processes and... — read more 

As of 11:40AM EDT on Thursday, September 27, 2018, the SHLD stock hit a new low of 1.05 (it's actual record low is $1.04 but what's the difference at this point?!) with a market cap of 114.44M!!

Another great day for the stock price. I f---ing love it.

What a big surprise, Eddie's debt restructuring plan is all about protecting his own financial interests. https://www.bloomberg.com/news/articles/2018-09-27/lampert-s-sears-plan-would-hand-lampert-s-hedge-fund-1-billion?srnd=premium

Anybody who does should know that Sears won't see Christmas. No way.

They told me I won't be getting any severance because Sears can no longer afford it. I almost cried.

On September 7th, SHLD stock closed at $1.70 per share. Today, September 26th, it closed at $1.12 per share. Guess Eddie's glorious "transformation" of SHLD didn't go exactly as planned this month. On the bright side, Eddie still has two days... — read more 

Four more put in their notice. I am one of them. We are tired of the BS!

Is bout to fall.

Sears borrowing money on inventory again , need all receipts off loaded and processed ASAP . DAY OFF CANCELLED , MUST WORK SATURDAY ! FROM THE FIELD.......

Sears should just give 2 or 3 dollars in freecash with every dollar spent and increase that as inventory depletes. This way the members will buy more c-ap and feel "delighted", the employees will have an easier time dealing with happier customers... — read more 

As of 10:20am on Wednesday, September 26, 2018, the SHLD stock is at $1.12!!

I have it on good authority that there is a proposal to start paying associates in SYW Reward points rather than currency. Just as they took away our discount and offering points instead, they are seriously considering paying in points. What a... — read more 

Going from a bad place to get your car fixed to a bad place to buy a steak. https://www.mlive.com/news/saginaw/index.ssf/2018/09/texas_roadhouse_is_coming_to_s.html

Rather than the way payroll is traditionally handled, where the hours are put in by the OA at each store and submitted to corporate's servers for processing and direct deposit? As far as I know, the ONLY time a manager pays someone out of the cash... — read more 

The SHLD stock ended the day at $1.17 with a market cap of 127.52M.

The Wood field mall store in Schaumburg Illinois just had a sign at each Sears entrance touting the 'new toy department', inviting shoppers to take a look... but toys were placed near the Christmas trees and tool dept.... the selection was just 'ok'... — read more 

Any one hear about secret call today ? With only 440 million and 134 million due next month and other money reserved , only 49 million left for holiday sales nationally . Eddie wont lend another cent , wants restructure of debt and assets... — read more 

https://www.wivb.com/news/local-news/job-posting-indicates-closure-of-sears-at-eastern-hills-mall/1474081067

Here is a thought. All AP functions should be halted immediately. Anyone with AP in their title needs to go. No more shrink walks, tagging merchandise. Why do I say this? By the time inventory starts up in 2019 the company will be well into... — read more 

Who thinks the filing will be before October 1st? I have a feeling it's going to happen this Friday.