#AdminAlert - admins, please review the most recent string of posts, we have a poster who is posting excessively and effectively spamming the board - please review and delete, block the user
Shame on the fear mongers
They get a sick joy in making people nervous and worried by teasing about this news and that news on certain dates and spreading false news about such and such dates.
The saga continues
Sears CEO reports 'numerous' interested partners in asset sales The hedge fund run by Sears Holdings CEO Eddie Lampert has received "numerous" inquiries around the possible sale of some of the retailer's assets, according to a letter filed with the... — read more
Our store is very quiet today 5/30/18 @ 2pm
The entire mall is quiet.. all the shoppers must be on vacation this week! But at least the store is cool
Remaining ASMs
More cuts coming to Sears side store management team. All remaining Salary ASMs will be cut and offered and hourly position with lower pay. Another cost saving measure. This will be announced after quarterly results announcement. Other cuts on the... — read more
Another day, another Sears closing
Sears Hometown Store in Marquette is next in the line of pretty much daily closings being announced under the radar. There seem to be no indications of this stopping any time soon... — read more
1st quarter
Did they ever post 1st quarter results? Or are they keeping that quiet?
Closings
It looks like we are going up on the list of largest number of announced closures per company for this year. We are up to sixth place, but something tells me that by the end of the year, only Toys "R" Us and Walgreens will be ahead of us. There is no... — read more
How many are looking?
Just curious...to everyone here talking about the poor working conditions, unethical management, hours being cut, etc...how many of you are looking for new jobs? Not trying to pick a fight, just honestly curious. Has everyone pretty much accepted... — read more
Why Sears is hiring
They are hiring to absorb the elimination of full-time employees. With part-time employees working such low hours, we are not required to pay certain benefits. We also lower (or eliminate) their liability for unemployment when the time comes to lay... — read more
Is Augusta. Maine the next Kmart on the chopping block?
I went shopping today at the Augusta Kmart and noticed stickers on some of the merchandise shelves that said "Fixture for sale, not included in store clearance." These were still stocked with merchandise. Is this a sign that the store will soon... — read more
Since when can MPU where shorts?
Even if they are below the knee, how is this “dress code” I am just as hot as the next person with long pants on!! But people get sent home for no collar on their shirt!!
Store Count for K-Mart
According to their website we are down to 365 in 47 States with 6 of the states only having 1 store. Turn out the lights as the party is over...
When was Tool Dept reset scheduled for completion?
Since my hours were already cut this week I wasn’t scheduled to work on tool reset although I was available! I thought I read a memo in the hub that said it was to be completed on Wednesday 5/23..is that true? I know the last day I worked, the tool... — read more
Store closings and Feb 11,2018 mandatory meeting
I wonder how many of the stores announced for closing recently had completed all that cross training that was so important to do when they held that mandatory meeting announcing all the changes and basically threatening associates if they didn’t like... — read more
You wd think with all the store closings this year part time hours would be min of 15-20 hours
Especially since we are hiring too, or at least there is a box out stating we are hiring But with close to 200 stores closing this year that hours wd be a bit better than 7 hours!!!
Is Memorial Day a paid holiday?
Just curious if they took that away this year
Where did all the tools go?
Shaking my damn head thinking about how just 5 years ago we had so many different Nextec and c3 tools and now we have almost nothing. Drills and a few saws that’s it. And yet we still sell some of them in combo sets. Can someone please tell me why... — read more
The Jefferson Mall store in Louisville closing
The Jefferson Mall store in nearby Louisville is almost certainly closing too... eventually. And by eventually, I don't mean "we know all Sears stores are closing," but the mall management recently announced that they would be revealing "exciting new... — read more
Statistically.....
At least 30% of Sears employees signed on for a 6+ year car loan, where you pay more interest than principal. So, when you lose your job, and are forced to sell your car, you will soon discover that you have zero equity in that "asset" and in fact... — read more
Eddie in Sears HQ
Jeff Bezos spends many hours a week in the Seattle Campus. Why is Eddie so scared to go to his HQ?
Hyannis, MA - Is Target moving in to the Sears space?
This article has a photo that suggests Target is moving in after remodeling. http://www.capecodtimes.com/news/20180404/cape-cod-mall-plans-to-redevelop-sears-space It also shows a sign with a green logo. Is it D--k's...or maybe Whole Foods... — read more
Stores are closing so fast and so secretly. How could anyone keep track?
Seems like one closes every day and 20-40 close as a group every three months. Can't believe we had over 3000 stores six or seven years ago. (Sears and Kmart combined). What other retailer ever closed stores at this rate, in this fashion?
Any news in the 138 ring fenced stores?
Just wondering as these properties can now be sold and funds go to the UNDER funded pensions
Fairview Illinois? Confirmation?
https://pbs.twimg.com/media/Dd2hS6gVwAAEDO3.jpg:large Are they stealth closing now?
If Sears Was Still Number 1?
I wish my Sears Store was still open. It's a crime that Sears did not make it. Time has changed, but only if Sears would have kept up with the times. I hope everyone finds that dream job or if your are able go to college. Take Care
Todays SCOTD Winner: Lake Charles, LA
Sears Closing of the Day goes to Lake Charles, LA. http://www.kplctv.com/story/38251670/sears-department-store-sears-auto-center-in-lake-charles-closing
Sears in Cincinnati closing
"Sears is closing at the Tri-County Mall in the Cincinnati area. This closure hasn't been reported yet, but liquidation signs were spotted and I confirmed it with employees. This is the 145th closure of a Sears or Kmart store so far this year."... — read more
A lot of us are wondering the same thing...
What does Amazon see in Sears? https://www.retaildive.com/news/what-does-amazon-see-in-sears/523389/
A band aid on a giant gaping hole , Why is he doing this?
This is just financing the cash burn coupled with the dilution of stock that is coming. Sears gets $425M boost from Citi credit card deal that also boosts shopper benefits If you're using the Sears credit card to "shop your way," you may find the... — read more
Sears Dover Delaware
Seems to be the casualty today... https://delawarestatenews.net/
Pebble might go away
There was a discussion this afternoon about an "off the shelf" collaboration solution for corporate level and logistics/supply chain, with the stores not being incorporated as a part of it. Don't know if it means anything, fwiw. It's in a really... — read more
Sears closing additional 40 stores
31 Sears stores, 9 Kmarts Somebody is finally noticing that Sears is closing a bunch of stores quietly hoping nobody will notice in addition to the announced ones. Some of these were already mentioned here one by one, but it's nice to have it all in... — read more
3 Months ago....
This board had a group of people who would post about how Sears was going to be fine, get through this, etc, etc. Now that reality is sinking in, which really should not have been so hard to see, it's time for the next phase of reality checks. You... — read more
An "open letter" to stores from a liquidator
Over the next couple of months, we will be handling the liquidation of various Sears and Kmart stores and, depending on the prevailing situation of the company, for some time to come. I personally have been doing liquidation for 21 years and I have... — read more
Craftsman Tools at Lowe's: Bad News for Sears Holdings
https://www.fool.com/investing/2018/05/20/craftsman-tools-at-lowes-bad-news-for-sears-holdin.aspx In early 2017, Sears Holdings (NASDAQ:SHLD) sold the rights to its storied Craftsman tool brand to Stanley Black & Decker (NYSE:SWK). Stanley Black &... — read more
Congratulations - We Figured It Out First
Looks like the press is just catching on to what we figured out weeks ago. To all the naysayers that claim this site is nothing but falsehoods and fake news, looks like you are absolutely wrong! Thanks to all of the people who took the time to post... — read more
Wow! 2 vending machines removed from break room!!!
Vending machine owner claims nobody was buying anything except chips You wd think that the company or store manager would seek out another vender to replace the snack and beverage machines from a better company I think ours are owned by Northern... — read more
New Eddie interview
https://www.cnbc.com/2018/05/18/eddie-lampert-says-sears-is-shrinking-shedding-assets-to-stay-alive.html
113+ to go at corporate in July (WARN NOTICE)
Not sure if the 113 layoffs listed at the Illinois WARN notice have been highlighted on here before, I don’t remember seeing it? Either way SHC have posted that 113 permanent layoffs will take place at corporate between 7/8 and 7/29. This follows the... — read more