Tomorrow is when the Sears store manager meeting is happening. Lets use this thread to compare and post our findings and what is going to happen.
This is the week folks. Confirmed.
10 plus years in the making. Buckle up. Prepare for crash landing.
Does anybody know? Someone knows something!
When ASM salary are demoted this week to hourly do you have an option of declining hourly and taking a severance and leaving. If you decline will a severance be offered? Are all leads being let go and does that include the HA sales leader? If the SM... — read more
Our sears store got patio furniture in
Don’t know if it means we will be open awhile longer or if it’s just more inventory for liquidation As someone said before wish management would be honest in regard to what’s going on with the company at the morning meetings although a lot of workers... — read more
SHLD 2016 Q4 Financial Report
It'll be interesting as to when the 2016 Q4 financial reports will be released. Historically they have been released anywhere from as early as February 25 to as late as March 9. One thing we know for sure is that the financial reports will be... — read more
Layoffs
More cuts coming to Kmart. Stores can't really afford more but its coming. All full time leads will be going to part time positions as soon as the end of this week. Store hours will be cut down as well. All of this being done before the new year.
Newest stores-both formats
As SHLD has been closing waves of stores recently, I was just curious as to the last brand new full-line store that was opened for each format. I know a new Sears (3-level, even) opened when Mall of America opened in 1992. Have there been others... — read more
Sears Canada Locations
Anyone have a list of all the Sears Canada locations? Hometown, everything? Yeah I know these are the Sears boards I was just wondering. TIA.
Honest Question
I’m truly curious about the general attitude in this forum. There’s so many loyal employees here that don’t want to let Sears/Kmart go. I understand that. But is there really anyone left who actually believes these stores will survive? I’m not trying... — read more
Ap
Does anyone know about cuts coming to ap? My reginonal keeps telling me asap to get staff. I never heard this all year. Just trying to see if I need to apply to grad school before i get cut.
Cooper Tires
We can no longer order Cooper Tires. They were not the best tires but that is one more supplier that has kicked us to the curb.
C Suite update
SHC now has a new CDO - Chief Digital Officer. Hope the online business picks up.
SHLD Fitch Credit Rating Grade Affirmed as 'CC'
Back on September 2014, the bond rating agency Fitch decided that SHLD wasn't even worthy of a 'CCC' rating, but gave them a 'CC' rating. That rating was affirmed yet again in January 2017. 2014 article:... — read more
Bio of Eddie
Edward Lampert Resource Page [ssba] “The entrance strategy is actually more important than the exit strategy.” — Edward Lampert Edward Lampert: Background & bio Edward or Eddie Lampert is the chairman of Sears Holdings Corporation (SHLD) and also the... — read more
More Cuts!
Job cuts and company restructure coming to the Sears side of the company next week. It’s all based on store profitability. Some stores will cut down a lot, some a bit, and some wont be touched. Just heard it from a friend that works in our region... — read more
Another Under The Radar Closing
A Kmart to close that wasn't on the list. http://www.timesreporter.com/news/20180118/corporate-to-shutter-cambridge-kmart
Homes Services Blue Crew
Have they been sold yet?
Another S&P Downgrade
Credit rating now CCC- which is described as "Default imminent with little prospect for recovery"
Why is there a dress code at sears if it’s not enforced?
Or did they get rid of the dress code? Black or tan pants- not colored Black shoes-unless they have a doctors note- don’t think a dr wd give a note to wear brown calf high winter boots What’s the point anymore anyways? Especially if the store manager... — read more
what a waste of time this "clean and bright" is
The store manager is suddenly concerned with opening all of these closets and empty, abandoned rooms, all locked off from the public. None of these nooks and crannies have seen any use or will ever be used due to Simple Store where nothing can be... — read more
Store Hours Cut
My store (Kmart) has been open until 10pm for years. It was recently cut back to 9pm. Is this a sign the store is closing? I was told the DM made the call.
Simply Styled by Sears
My Sears store has been getting lots of mens clothing called Simply Styled by Sears. Interesting that they are placing the name Sears on the clothes. Anyone have thoughts on this?
$611M in Sears Canada dividend payments under review by court monitor
The court appointed monitor for Sears Canada's insolvency says it is reviewing millions of dollars the company paid in dividends while its pension fund fell short. FTI Consulting Canada Inc. filed a report Monday with the Ontario Superior Court of... — read more
What is the “Simple Store” icon?
I heard more information coming next week
Tranformation
After years of transforming, just wondering how it's going. Haha.
Circuit City
Why would Sears not team up with Circuit City and sell space in stores where electronics used to be?
Smart Sense Coffee
Where did this go? Customers keep asking for it, are we ever getting more? Does anyone have any Smart Sense updates? At our NH store, we have no idea when the trucks will come or what they will contain.
Jan 4th Closings
Are any of the leased Sears/K-marts closing announced on Jan 4th, being sub-leased? Or is Sears/K-mart simply vacating the stores?
Sears warehouse
In the northeast there are talks of Amazon taking over the warehouses. Apparently all associates in the building are having to reapply for their jobs they are told. Anyone else have connections to the warehouse associates?
The Last Place on Earth Where Everyone Still Loves Kmart: Guam The location, by far the chain’s busiest store, is protected by an expanse of oce
The Kmart store in Guam is located 6,000 miles west of California in the Pacific Ocean, well past the easy reach of Target , Wal-Mart or Amazon Prime. The store, open 24 hours a day, also seems beyond the reach of time itself. Inside, it feels more... — read more
Funding eddies personal pension
Bill Jones, director of the Canadian Federation of Pensioners, says Sears is another example of a broken, or partially broken, pension promise. He points to the billions of dollars Sears Canada has been sending to majority shareholder Edward Lampert... — read more
Pink ticket clearance?
Seems like it’s been a long time in my store since there has been a mass clearance markdown or it it early yet in the season? I also noticed there has not been the racks and racks of clearance yellow signs in Rtw
Today was the last day of Sears Canada
They had a better operation than the US operation too
How are sales with the WINTER BLOWOUT signage
I guess they are not advertising this like they did with the Holiday Blowout back in November I wish the regular red sale signs would be eliminated though as it is double work to snc up red signs and then hand write Blowout signs! in lawn and garden... — read more
Will Sears match Walmart's raises or bonus?
No. Sears just keeps paying minimum wage (which they also can't afford, necessitating layoffs). And the paygap between Sears and Walmart works keeps increasing. Why do people continue to work at Sears?
Layoffs
If you're store had no cuts this past week, does this mean you're store is closing?
Amazon buying stores?
Our DM told us in a conference call that Amazon is buying 200 stores. Anyone else hear anything about this?
"Simple Store" app installed on office/RES/backroom computers...what does this mean?
I'm an OA at a Sears store and noticed something peculiar yesterday. A new icon on the desktop called " Simple Store". I've been here long enough to know to look for certain clues for potential changes and heard about this site through a sales... — read more
Layoffs at Hoffman Estates
does anyone know when they will happen? I have heard from lots of people at hoffman that a big one is coming but dates have ranged from next week, the following week, mid feb. anything people can share can help people plan. Thanks.
Plenty of stores doing well, Dumbert.
Lidl expects to have as many as 100 stores in the U.S. by midyear. https://www.cnbc.com/2018/01/12/if-your-town-has-a-lidl-your-grocery-prices-are-lower.html