ESears received about $20 million in Edge credits from Illinois in 2016, the first year it could collect. Sears moved jobs from other states to Illinois to meet the Edge agreement, Riefs said. Hoffman Estates Mayor Bill McLeod said that despite the... — read more
closing
On the East coast been having customers all day that are telling us we are closing on the 22nd!! Any info?l
Sears Canada No Longer Honoring Protection Agreements
https://globalnews.ca/news/3805255/sears-canada-warranties-oct-18/
Can't keep adding new features to outdated equipment
I'd like to know what the company intends to do being that the iHeld (iPod Touch) devices are well past their useful lifespan. At this point, they are garbage. Without the cradle, they are worth maybe $10 on eBay. It doesn't help that they keep... — read more
Does your store still do OOS s?
Did div 96 & 8 go with an automatic re-order? I noticed only div 6,9,41,71 currently have OOS (out of stock) completed manually
REMIC properties??
There are 125 Sears stores that are REMIC (real estate mortgage investment conduit) properties, my store being one of them. These stores have nothing to do with the REIT properties. All of the REMIC properties are bankruptcy remote and are somehow... — read more
Killing Off Free Shipping on Product Categories at Kmart
It appears Kmart is working hard to diminish online shipped orders with punitive shipping charges forced on all grocery items and most health/beauty items. Clearly this is an effort to get shoppers to shop elsewhere with shipping charges on some... — read more
Your thoughts, please, on my speculation:
My belief is that Sears will call it quits after the 2017 holiday season. Yes, I know, this is not an original thought on this board. But here's another reason it seems likely. We were told this week that Sears won't be doing as much sale pricing... — read more
Sears Layoffs 2018
Things are not good, do not listen to what executives are telling you - be ready for anything but I hear that we might have job cuts in Hoffman Estates.
How many Sears stores still using Palm Pilot devices?
Our store is not in the ipods/iPads devices but on the old trusty palm pilots! Lol but I tell ya when they work they work great if only they were reset periodically to ensure they are working great especially on the BIG ad set in the 1st of the... — read more
The internal liquidation still going on
I'm from the Huston store that is closing, its funny how we are getting things from every store from across America shipping to our store, if that's not an internal liquidation I don't know what is. Eddie is trying to keep the public in the dark as... — read more
Only people shopping are the ones with points
Our sears store had long lines all day at every CAC and yet we were down over 50% from last year. The only thing people were buying were the clearance products and using only points it was rare to see someone dig into their pockets for a card or... — read more
Anybody notice SYW extra points giveaways have been reduced recently?
The last couple of months I have noticed that SYW extra points giveaways have been reduced significantly. Has anybody else noticed this? Are you hearing this from other members or is this just me?
Pls list down all the top management that you know of are resigning or asked to leave here.
Pls using this to let all know all the top management that are resigning or asked to resign.
Eddie loans Sears Holdings Another $100 Million short term loan at 11% interest secured by the best 61 properties left!
Sears is borrowing $100 million at 11% interest, a debt that will be secured by liens on 61 properties it owns. It can borrow up to another $100 million by Dec. 1, and brings to $1.7 billion the amount of money Lampert has loaned the ailing retailer... — read more
Any info on Oscoda, MI KMart store closing?
Oscoda will be list without this store the people will have to travel at least 20 miles to Walmart
Any other sears store floors looking awful?
Must really be cutting back on cleaning services Bathrooms smell, floors around the appliance department have black scuff marks all over the place, floors aren’t shinny like they were just a few months ago! In fact I haven’t seen the cleaning people... — read more
This charade is bound to end soon
I would hope that people don't think this charade will go on forever. This has been a slow, well telegraphed process over the last 4 or 5 years. The well thought out chess moves have proved witting. This process will be an excellent case study for... — read more
New Sign In Program~is everyone in that now when signing in
Why would they invest in new program for clocking in and out of your shift? Just curious
How is everyone’s stock room looking?
I looked at ours yesterday ( truck day) and it was bulging and with more stuff coming off the truck The floor is full! And getting a brand of clothing we haven’t carried in over 10 years Certainly must be redirection of orders from closed stores And... — read more
Does Eddie Lampert or management update associates at all?
Is management reassuring employees at stores or head office through internal communication? for instance, "hey guys we are not going bankrupt, do not pay attention to it" I don't want to debate whether sears is going bankrupt or not (bankruptcy is... — read more
Inside Trade
Facts Reporter (https://factsreporter.com/2017/10/11/insider-activity-for-investors-sears-holdings-corporation-shld/) is reporting an inside trade of a buy by Lampert on 9/28/17 of 50,539 shares at a price of $0. Could this be true or it is a typo?... — read more
Popcorn: new info
This is popcorn. Bankruptcy for Sears holding will be announced Jan 2018. I told you guys this a while back, now it’s confirmed. Will post more info as it comes to me.
This is what Sears needed to do
I 100% agree this company could have been great, if Eddie truly wanted this company to grow. 1 - He could have put money into sears by updating the buildings, which are run down buildings, out dated by years, plain ugly and will not bring in... — read more
Sears Canada a look into the future for us?
I think once the top is done picking off bits and peaces they can make any money off, we will go the way of Sears Canada. And it will be so much worse than the 12,000 that are being let go across the border. If I am not mistaken, Sears here employs... — read more
Promotional FAIL
We're in week two of a new initiative to bring members back into the store within 7 days. It involves giving members Promotional Cards that are to be used during a five day period the week after they shop with us. These Promotional Cards are linked... — read more
I have a feeling we're next...
My summation based on several regional-level conversations and meetings... Our strategy for Q4 will be different. It is confirmed that payroll will only have a modest increase compared to other years. Those of you who are part time will not get a... — read more
Canadian Customer
This is what companies get for trying to sell cheap crap. There has to be a reason for people to want to shop somewhere, and Sears used to have helpful people and high quality tools. When they got rid of the knowledgeable staff and started selling... — read more
12,000 Sears Canada employees to lose jobs
get with working to find a new job
Sears Stock Dropping Like A Rock
Not sure if it was because of the Sears Canada closure or that the slow leaking of more Sears and Kmarts closing but that little stock just keeps on a-falling...wondering how fair it is going to drop this week.
Sears Closings
http://abc13.com/business/long-standing-houston-sears-location-to-close/2516158/ Another Store does any one no of anymore stores closing?
Puerto Rico and Virgin Island stores?
Has anyone heard if the hurricane damaged Sears & K-Mart stores in PR & VI will re-open? I know there were 4 K-Marts in the Virgin Islands, and several Sears and K-Marts in Puerto Rico. With Sears Holdings being in such dire straits, I can't imagine... — read more
Sears Canada is liquidating
Announced today
Another day, another store closing
Is it just me, or are these closing announcements really becoming a weekly, if not daily occurrence? Or was there a list somewhere I missed and now they are just starting to implement it? Anyhow, this time it's Sears store in St. Cloud. It is... — read more
#1 Kmart (SCS Michigan) Closing Date Set
Talk of a turn around is clearly just talk. It was revealed about a month ago that the #1 Kmart store (St. Clair Shores, Michigan) was being bought and then torn down by the Kroger Company. This property was spun off to Seritage, just as our local... — read more
California Wildfire Claims A Kmart
An excerpt from an article about the wildfire in California. Coffey Park, a 1980s-era subdivision just northwest of downtown Santa Rosa where 7,000 people lived, was leveled. Most of the homes burned, along with a Kmart, a McDonald’s, an Arby’s and... — read more
We are losing the few customers we have left
It's only a matter of time.....Hours keep getting cut....Softlines from trucks all jammed up in the stockroom because MCA's have no hours to work on freight except perhaps one day a week....All their time is tied up setting ads and doing... — read more
Eddie is just buying Sears property
Reading the new articles on Eddie loaning sears 100 million and open for 100 more, its not to keep the company a float to stay in business, he is just buying the property, once these loans can't be paid, the company will file bankruptcy and Eddie... — read more
SHLD TOOK ANOTHER DIVE
Even another 100 million dollar loan didn't even help the stock $7.11, sears will not recover, still can't figure why BK hasn't been declared yet