Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

Tax Implications

One more blow to the bottom line: Sears Holdings has cut about 400 jobs, mostly at its Hoffman Estates headquarters, this puts the company under the employment threshold required to receive the annual tax breaks it brokered in a 2011 deal with the... — read more 

Prayers for the last SHC associate layoffs

This is for the ones who gave their all. The 30-50 year associates that remember the days back when the family owned it. This year would be 26 for me. Also, the 1+ year folks. Thanks for the memories! Please remember that Ed could have liquidated the... — read more 

Sears Severance (June 2017)

As someone who was part of the layoffs in Feb, I can say that the Sears paperwork for severance is terrible. Conflicting language to start with, but very little help from the HR dept who directed all questions to the 88-sears number (and they're... — read more 

At our store no one gives a rip no more.

My store has gotten bad, no one cares. We do what we want, when we want. We even started shutting down early some days and go in the back room and smoke cigs and have some beers. One guy even hooked up with a cute gal from pliances. What are they... — read more 

Store Coaches School

Does anyone know if they still have a Store Coaches School at Hoffman were they teach 20 something year olds to become Store Managers? I work at a Kmart and we have been without a store manager for a few months and continue to be told that one is... — read more 

Kmart "Inventory Blowout Sales"

I heard that several Kmart stores were running "Inventory Blowout Sales." It sounds eerily similar to a store closing sale... No roto's ran during the sale, just % off everything in the store. However, unlike a store closing sale, it's still ran by... — read more 

Apparel Buying in San Francisco

Do we have any people left there. It seems that every person I knew there either got cut in 2015 or today. What's going on with Apparel Buying in San Francisco - it's scary. I wish you all good luck, some amazing individuals work or had worked there... — read more 

We need support and a prayer

Some were sad, others were mad, some others were glad to go. None of it was good. At a blink of an eye, these people had jobs when they went home last night and now they don't. There is some talk about an exodus, at least among us, the mid-level... — read more 

Paperwork for severance

As someone who was part of the layoffs in Feb, I can say that the Sears paperwork for severance is terrible. Conflicting language to start with, but very little help from the HR dept who directed all questions to the 88-sears number (and they're... — read more 

Where are the Sears cheerleaders now?

So after yet another post on this site that turned out to be right... where are all the cheerleaders at that continue to stand by the company. This site is not just about gossip, it is about facts, and for all of you in denial that this company is... — read more 

Morsals

Seems that sears only keeps the people that are incompetent with no morals and the wrong way of treating their associates. They don't care about their customers. Only what they can get out of them. Like getting them credit they didn't sign up for... — read more 

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Post ID: @OP+NLWotHS

"A Note From Eddie"

Restructuring Actions As you are aware, in February we initiated a strategic restructuring effort to become a more agile and competitive retailer with a clear path toward profitability. As part of our efforts to simplify our organizational structure... — read more 

Sears Canada

"Sears Canada Inc. on Tuesday raised doubts about its ability to continue as a going concern, saying cash and estimated cash flows from operations were not expected to be enough to meet obligations over the next 12 months."... — read more 

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| 1030 views | | 1 reply (June 13, 2017)
Post ID: @OP+NLRsKu7

"Restructuring actions"

Note from Eddie, in part: "As part of our efforts to simplify organizational structure, today we announce the difficult decision to eliminate approximately 400 full-time positions athat our corporate offices and support functions, in addition to... — read more 

Severance Pay

I received 8 weeks severance pay because I had over 18 years with the company. I was full-timer all of my years, I received my severance pay just like a regular pay check. They did not take out for medical and dental at all, I was glad. The severance... — read more 

i wish i had thought of this:

We all got a nice laugh at our daily beat-down, I mean rally, today. When the store manager asked what we would do ti fulfill our commitment to the company for metrics, a great salesman started out like he was very serious. "I , for one, am tired of... — read more 

Perspective

Amazon stock - $978.31 Sears stock - $7.06 Any questions? If you haven't started looking for a job, look.

Tired of the dysfunction...

I am in charge of the backroom at a Sears store. My team, if you can call it that, has no respect for my authority and will laugh in my face or throw a tantrum when I tell them to do something, depending on which associate I speak to. I thought I had... — read more 

Employee Morale

When we got furniture like sofas or chairs that were returned, we put them in our breakroom after 605 had scanned them out. When the microwave died, we just took another one off the shelf. And the employees pretty much took whatever they wanted off... — read more 

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| 1432 views | | 1 reply (June 9, 2017)
Post ID: @OP+NHcNAbW

Anyone "win" a breakroom "makeover"?

There was a contest for credit and the stores won a breakroom makeover, up to $2000.00. The money can only be spent on the breakroom, so no luncheons, gift cards for associates, prizes, etc.--in other words, no real benefits for associates. The money... — read more 

Sears 2017 Holiday Inventory

This Sears Holiday Inventory question popped up in the thread below - I think it'll be a very important issue and I am really not sure how things will play out. I wanted to open this thread to see what other folks thought about how the holiday... — read more 

Sears closing stores in Las Vegas, NV

Not sure if this is the right place where I can ask this question. Anyhow, do you know if we have plans to close stores here in Las Vegas, Nevada. Nothing was communicated to us employees, and I have a feeling that they are keeping us uninformed on... — read more 

how long sears has left.

Before I get into it I have assumed that Lampert will take this thing to the bitter end, which if suppliers allow will mean he sells off and the company burns through every last asset left. costs and cash burn per year the company is currently... — read more 

Sears Is Going Down In Flames

https://www.thestreet.com/story/14167908/1/sears-is-going-down-the-drain-in-front-of-all-our-faces-but-tesla-sure-isn-t-just-yet.html

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Post ID: @OP+NG6HDWC

How to deal with this?

I work in the OBU and have come across a number of bullies in my time, and more than just bullies, really cruel, heartless people. There's one currently on the team, she would happily stab you and your family in the back just to enhance her own... — read more 

My store is on the list

We just found out this morning @10:45am. Sears Holdings contacted the local news stations today, and they were coming into the store and telling outside customers this evening. So if you were off today, you would have seen it on the 10pm news or... — read more 

Stores see bigger job loss than coal mines

Department Stores see bigger job loss than coal mines: https://www.usatoday.com/videos/money/2017/06/06/department-stores-see-bigger-job-loss-than-coal-mines/101709730/

Lease Renewal

Can lease renewal be used to predict if a Kmart will be closing? Not sure if this is applicable to Sears, but I see more people responding here. Thank you.

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