Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

Holiday season

With holiday season approaching, do you think we'll see layoffs come to a screeching stop? Employees will suddenly become valuable once again? Or do they believe there are enough temps out there that they don't have to worry about filling any... — read more 

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| 670 views | | 2 replies (last September 25, 2018)
Post ID: @OP+VkfI5hf

Last Nail In the Coffin

If Sears is even able to get merchandise from vendors, tariff costs related to Chinese goods will increase costs, further erode already thin margins and lead to higher retail prices.

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| 460 views | | 1 reply (September 25, 2018)
Post ID: @OP+VkvmF6j

Bills come due October 15

$134 million debt payment due October 15. Excerpt from Q2 2018: "The Company's total cash balances were $441 million at August 4, 2018, including restricted cash of $248 million which relates to amounts deposited in escrow for the benefit of our... — read more 

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| 1240 views | | 5 replies (last September 25, 2018)
Post ID: @OP+VjC4Es7

Loans

Seems Eddie is unwilling to loan Sears any additional money. Wonder why? LOL!!!

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| 1630 views | | 10 replies (last September 25, 2018)
Post ID: @OP+VjXqrsc

Turn Flag upside down!

Everyone chill , what have you done for company ? Too many SMART people getting pay check that do not Care ! Ever suggest way out of situation or alternate way to do business ? Of all those Smart people in that so called Support center , you would... — read more 

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| 1360 views | | 13 replies (last September 25, 2018)
Post ID: @OP+Vj9bn9v

This is the end...my only friend...the end

(With apologies to Jim Morrison) https://www.cnbc.com/2018/09/24/sears-ceo-proposes-restructuring-plan-to-avoid-bankruptcy.html?__source=sharebar%7Cemail&par=sharebar

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| 2390 views | | 22 replies (last September 25, 2018)
Post ID: @OP+Vjrna4d

Another One Bites The Dust

Heard through the grapevine that one of the senior leaders in Online left VERY quietly last week. If anyone was going to leave on their own, they’d have been the last person I’d ever expect. If that doesn’t tell you how things REALLY are, I don’t... — read more 

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| 2160 views | | 16 replies (last September 25, 2018)
Post ID: @OP+VhHnucF

My favorite commercial

https://www.dealnews.com/features/Sears-New-Ad-No-One-Shops-Here-So-We-Have-Plenty-of-Parking/938076.html

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| 510 views | | no replies yet
Post ID: @OP+Vggv9tL

SMART'S

Combine both Sears and K-Mart in one location , best store in local area . Store would carry same items that fit pocket book from low to higher price goods . No need to remodel store , one being vacated could be either sold or leased out . Choose... — read more 

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| 1760 views | | 21 replies (last September 23, 2018)
Post ID: @OP+VfRvDfv

File for unemployment

For those affected today, if you are in Illinois, please file for unemployment on the IDES website today or tomorrow. Sears will not block this and in our state you can collect UI while on 'severance'....IDES has a 'waiting week' then after that once... — read more 

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| 933 views | | 1 reply (September 21, 2018)
Post ID: @OP+Vf6ey62

We are back to trickle closings, I see

I admit, I hate those more than batch ones. When we get a list, we know that's it. Which store is done and which ones are safe, at least for a while. This, however... This means that we can hear about our store being closed literally any day at any... — read more 

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| 1093 views | | 2 replies (last September 21, 2018)
Post ID: @OP+VfwlB4T

Any more layoffs today?

Are we going to have more layoffs today? Or are the last couple of days it? Just to know how nervous I need to be ahead of going into work.

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| 1263 views | | 3 replies (last September 21, 2018)
Post ID: @OP+Vfp8ryF

For those being laid off right now

I would suggest Costco if there is one near you...they typically hire around the end of October...you will only be seasonal, but if you bust your a-- and make a good impression, they will keep you. Definitely the best retail job you can get. Really... — read more 

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| 660 views | | 1 reply (September 20, 2018)
Post ID: @OP+VfaAYEI

Stealth Closing -- Sears Cambridge Mass #1343

Sears is Cambridge Mass will be closing although not listed on publicly available closing lists. Jobs for this location are listed as Seasonal Store Closing positions on the Corp website.

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| 1480 views | | 7 replies (last September 23, 2018)
Post ID: @OP+VfPLkTq

Nextec

Have we officially killed the Nextec line of tools?trying to get some batteries since I retired can’t even get a drill or impact, only oscillating tool left. Just oos or dead?

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| 860 views | | 6 replies (last September 21, 2018)
Post ID: @OP+Vem4TQb

Makes no sense

Why hire seasonal associates if you are not going to be able to give them hours?! We barely have hours for the regular associates. This is why everyone leaves and turn over is so high. Sears invest all this money on the new hire process (paperwork... — read more 

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| 800 views | | 3 replies (last September 19, 2018)
Post ID: @OP+VesY55d

Grocery stores are your salvation

I recently switched to Wawa, and it's a whole new experience. I feel like I am recovering from doing hard time at Sears. The store looks amazing. We are always well stocked and have enough people covering the floor so I never feel overwhelmed... — read more 

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| 1080 views | | 7 replies (last September 19, 2018)
Post ID: @OP+VeCUr0F

Pharmacy DM fired Tuesday

My wife pharmacy DM was fired yesterday and stores reassigned to other DMs. Obviously his position is not going to be replaced because the new DM said she was given more stores rather than just temporarily covering. The district stores affected were... — read more 

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| 1360 views | | 5 replies (last September 19, 2018)
Post ID: @OP+VeeDcq5

layoffs

We cleared out our District Office today. 4 people left to run offshore business.

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| 1540 views | | 3 replies (last September 19, 2018)
Post ID: @OP+VeD8gvl

Beavercreek, OH

http://www.daytondailynews.com/news/local/sears-closing-fairfield-commons-mall/S0Z3oaOSHHGUcjXN5pwNAI/amp.html

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| 846 views | | 3 replies (last September 20, 2018)
Post ID: @OP+VdHNUNJ

H/E layoffs

One third of H/E is being laid off today. There are associates with over thirty years of service out of a job. Store closures will follow with in the next week. The end is getting closer.

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| 3200 views | | 20 replies (last September 20, 2018)
Post ID: @OP+Vd8FrvG

What's going on with Kenmore sale?

In all this fuss I managed to miss what finally happened to Eddie buying Kenmore. Is that still happening? Canceled? Remaining in limbo indefinitely? I'm still failing the see the point of that move, but I guess I'm curious enough about how it's... — read more 

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| 1473 views | | 6 replies (last September 18, 2018)
Post ID: @OP+Vdkes7b

Human Resources

Six from HR department at HE got laid off yesterday. More cuts to come.

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| 1993 views | | 5 replies (last September 19, 2018)
Post ID: @OP+VdnDfCt

Internal memo for 2018

Touched on the topics of having one manager between two stores for both formats. Home improvement and appliances/mattress CSAs combined. New incentive structure either tiered commission or hourly TBD. I do not know what is meant by tiered, I am... — read more 

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| 1750 views | | 6 replies (last September 22, 2018)
Post ID: @OP+Vd7cNcV

For those laid off, you will get through this

Take a short time to regroup. You will find a much better environment where your talents are utilized and have the potential for a positive impact. Working for SHC is like being in an abusive relationship. You need time to recover and make yourself... — read more 

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| 1920 views | | 6 replies (last September 21, 2018)
Post ID: @OP+VdsGyMP

Police presence

Anyone know why there is a Hoffman Estates cop watching over the lobby the last couple of days?

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| 1660 views | | 4 replies (last September 18, 2018)
Post ID: @OP+VdcXV8Q

Cheerleader

I have been wondering what the cheerleaders endgame is. They try to push down and hide relevant posts. I thought at first it was to block negative press or hide the truth from employees. But I think what they really are doing is hiding this info from... — read more 

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| 1440 views | | 14 replies (last September 22, 2018)
Post ID: @OP+VdD6U4S

I hope my store closes

Is it bad I'm hoping my store will be among those closing? I know a lot of people check to see if their store is on the list of closings with fear, but I do it with hope. I guess I just really wish this mess was over already. Does that say more about... — read more 

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| 870 views | | 5 replies (last September 18, 2018)
Post ID: @OP+VdZJKkr

Q2 total revenue plummeted

While it is to early to pin point an exact closing date for this enterprise I feel we are seeing the last breath of a dying swan https://www.forbes.com/sites/walterloeb/2018/09/17/sears-downsizing-is-scary/amp/

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| 516 views | | 1 reply (September 18, 2018)
Post ID: @OP+Vd34nJK

Cashier Seasonal *Store Closing*

Saw this job add on Glasdoor today and had to laugh. Forget Christmas, forget Black Friday, Closing is the favorite season of them all, am I right?... — read more 

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| 960 views | | 3 replies (last September 18, 2018)
Post ID: @OP+Vc7ns1M

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