Opened up at 5.00 - now at 4.42 and slipping.... Hitting your numbers doesn't mean a thing when your liabilities are 1 1/2 times your total assets...
Sears dead
If we continue to experience operating losses, and we are not able to generate additional liquidity through the actions described above or through some combination of other actions, while not expected, then our liquidity needs may exceed availability... — read more
Commission issue
Why haven't you commission sales people started a class action lawsuit? Taking you away from sales and negatively affecting your bonus chances with softlines driving down your metrics is unlawful if they profess to pay you commission. Any chance... — read more
Happy to go into work today
Finally I can go into my job at sears today knowing I have a new job starting next week, cant wait to drop the bomb on my SGM. Have worked for this company for 30 years and have seen many SGM come and go, the one I have now is by far the worst ever... — read more
Don't worry, they are taking action to enhance liquidity
They wouldn't provide details but they are they are taking action to enhance liquidity. Does anyone know what that means, enhance liquidity? Sounds alot like liquidate. Whatever it means they are going to enhance it which means increase or... — read more
How about a strike?
Without us sears and kmart are nothing. How much more are we going to take from this company? These stores are being run on a bare bone crew. No hours are being given to do the many tasks expected. Full timers in some stores arent even getting their... — read more
Anyone Hear Bankruptcy Tomorrow?
I heard sales were poor considering bankruptcy tomorrow.
Goodbye to the big 3
Popcorn here and my sources are telling me that the 3 Kmart regionals will be let go right after the holidays most likey 2nd week of January. This company will bebran by Sears people. Will keep you posted.
POPCORN
Any news? will any more stores be announcing closures before the end of the year, after the earnings come out this week?
How low can Sears go with the hours?
Seriously, how low do they think they can go with hours and still have a functioning store? We were down to skeletal crew as it is, and we just got a directive to cut even more hours. Does this mean our store is about to be closed? I see no other... — read more
Sears Holdings To Release Fiscal 2017 Third Quarter Financial Results, And Hold Pre-Recorded Conference Call And Audio Webcast
Good News! Looks like Sears Holdings is going to be releasing their 2017 Q3 numbers this week, and I'm sure they will be as horrible as most people are expecting they are going to be!! Source: http://searsholdings.com/press-releases/pr/2071
Thinking its time for a UNION DRIVE AT SEARS 1720
I can't stand the store manager he runs this place like we are slaves ... sorry chump we are humans, with a family and lives. We are not your slaves to do with as you wish, working us 6 days a week 10-12 hours a day, then sit in your office and do... — read more
How did your sears “Winter Blast” signing go?
Div 6,9,71 Apparently our store worked an over night shift and only signs I saw that got put up were the ones that hang from ceiling! Christmas Shop had about 4 handwritten signs, no signs on trees Tool gift bar had 1 handwritten sign And whoever... — read more
NASDAQ Opening Bell
Kmart and St. Jude Opened the Nasdaq opening bell. Good cause, too bad Sears/Kmart execs are busy ringing bells inst ad of fixing the business. Lol... — read more
For Any of You Doubting the "Transformation"
Sears and Kmart are real estate holding companies NOT "retailers". Any of you been to the Seritage site lately? Not a lot of Sears or Kmart except in name only.....http://www.seritage.com/properties
Mcas and salespeople will replace cashiers
The mcas and salespeople do the cashiering. This is the future of the Sears stores. It's happening on a gradual basis through out the company in various stores. After the first of the year the process will start excelerating. It's part of the... — read more
Cyber Monday is here!
Will sears and Kmart hit a Home run in the deals? I was browsing earlier in sears site and what I’m interested in is at full price today plus I have to buy 2 to get a 25% sale Just yesterday it was 50% off Men’s everlast crew sweatshirt
Question
When is the quarter earnings release?
Will “Winter Blast” sale be better than Holiday Blowout?
I was told the Holiday Blowout signs would be coming down at 1 and the beginning of “Winter Blast “ signs wd be going up and what is left will be finished on Monday (Weird) Anyone know if the prices are better Too bad we couldn’t keep up the traffic... — read more
What kind of work environment is this?
I'm a supervisor, however, between two of my crew members and the store manager I might as well not be. I am always being challenged by these particular crew members whenever I give them a directive. One of them will literally do something I told... — read more
Anyone know any numbers?
Our store was down $120,000 for Thursday and Friday compared to last year.
The Street is a tabloid
Nobody cares what they think
The Street.com shows how both Sears and Kmart had an embarrassing and hopeless Black Friday.
https://www.thestreet.com/story/14400622/1/thestreet-black-friday-coverage-2017.html As you scroll down you see how terrible both Sears and Kmart looked this year. Says it is probably the worst it has been in about ten years...the deterioration... — read more
it's time for Wall Street to pick out the casket for Sears that will go in the grave that it has already dug.
How many times does Wall Street have to spell it out? Sears Holdings Corp. (SHLD - Get Report) is a dying retailer, and its long-time CEO and major shareholder Eddie Lampert isn't helping matters. Sears continues to notch mind-blowing losses... — read more
Customer make their own Holiday Blowout sale
At our sears store in lawn & garden, we had customer make their own deal with handwritten sign, just grab a sign at lower price than blower was, take it to register and say this blower is this price and they honored it because sign had no description... — read more
Early Activation Saturday 7pm 11/25 for Sunday 11/26
Is this when the “Holiday Blast” starts? Will the ad be set Saturday night? I heard there is a large ad set Monday..is this true? Is the Holiday Blast handwritten again?
Note To Eddie: Quit Being A Loser!
See Eddie, it is possible to command a retail organization to prosperity and create a huge personal fortune as well. You should really try it sometime with SHLD. "Amazon Black Friday records push Jeff Bezos’s fortune past $100 billion"... — read more
Three Words to summarize Eddie Lampert's career as a retail CEO.
Fraud.....Waste.....and Abuse. Need I say more?
Retail Apocalypse 2017
Of course, Sears is in here. https://americaclosed.com/retail-apocalypse-2017-sears-j-crew-and-bon-ton-face-mass-closures-debt/
The good news - there were people in Kmart last night. The bad new - they were getting beat up pretty good
https://www.youtube.com/watch?time_continue=12&v=R0HwrrqTaiE Walmart still wins for best Black Friday brawls, but Kmart closing the gap!
Someone get the lights.
Never send to know for whom the bell tolls; it tolls for thee Sears and Kmart. What a joke this Black Friday has been.
Black Friday isn't any better from Thanksgiving...
I wrote my observations at my store on @Qp552Ue regarding the dismal Thursday. Looks like today isn't any better. It's 9AM and the store is empty. Web orders are bad, too. 16 since opening.
For those saying this is not Eddie's doing
Those saying this is not Eddie's doing, read this and tell me again how he was doing everything in Sears' interest. https://newrepublic.com/article/145813/cause-consequences-retail-apocalypse Sears, once a giant of America’s consumer-led economy, was... — read more
Anyone who’s shift ended how were the crowds yesterday at sears 6-12?
Just curious as my shift begins today at 4am-3pm and I plan on taking all my breaks and both of my lunches that are scheduled! I’m not happy about this long shift ! Bad karma to the management that didn’t hire enough seasonal to make this voluntary
The Second Life of Sears's Massive Distribution Centers
Some good news for buildings Sears abandoned decades ago, but their newer buildings are too ugly/boring: https://www.theatlantic.com/business/archive/2017/11/ruins-retail-gentrification/546203/
Sears at Landmark Mall: all dressed up and nowhere to go.
https://www.huffingtonpost.com/entry/sears-at-landmark-mall-all-dressed-up-and-nowhere_us_5a154a8ce4b009b331ad75eb
Blood Bath
Popcorn here and my Kmart sources say that as of 6PM Kmart was down over 10 million in sales to last year. Its going to be ugly avg store going to be down 60-70% to Last Year.
1hour til showtime Sears Soldiers
Wish everyone a great overnight experience Maybe customers won’t mess store up too bad between 6-12am Good luck
Brian Sozzi Visiting Stores
And they’re all empty. Broken merchandise. https://twitter.com/briansozzi/status/933650127729733633
Yay! I'm working ten days straight...
On day #2...eight more to go... Apparently a day off isn't deserved after fully participating through Thanksgiving week and pulling more than my share. I'm at 51 hours by the end of this week. Turning in my notice tomorrow. I should leave immediately... — read more