Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

No way will Eddie want to leave any value in this

For the pension fund nor the long term debtors. He will sell off as much of the real estate to seritage and sell the brands prior to bankruptcy and have the opp losses swallow up as much of the cash raised before they go bankrupt. The business... — read more 

Crystal Ball.

Sears Holdings declares bankruptcy prior to end of calendar year 2017. Any asset with value (Kenmore Branding, Home Services, Etc.) sold at a low value compared to historical averages. Store format shifted to online (see Montgomery Wards model) with... — read more 

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| 1190 views | | 6 replies (last April 4, 2017)
Post ID: @OP+MBtdbUW

401

Can you still withdraw money from your 401k?

Vendor issues

Vendor relations at this point have to be pathetic. Consumer cellular no longer advertises Sears as a vendor on TV... how low must a company go for a prepaid phone service to drop them from their advertisements? also take into account they continue... — read more 

COMFIRMED: BANKRUPTCY QUARTER 3 2017

I recently had to transition away from my regional management job at Sears due to the company falling apart. I just heard from a 100% reliable source near the top that Sears will file for bankruptcy protection at some point during the 3rd quarter... — read more 

Discrimination During Hiring Process

Does anyone know what steps are to file a complaint about being discriminated against during the hiring process? Manager refused to hire me due to my schedule and the fact that I have ADD which I disclosed during the hiring process. Also he claimed... — read more 

"Remodeling"

I work at a Kmart in NJ. We have paper signs everywhere that we are "remodeling" the store. Other than bringing in some new mismatched shelves that don't match shelving in the rest of the store AND doing resets throughout the store, there's no effort... — read more 

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| 1190 views | | 4 replies (last April 1, 2017)
Post ID: @OP+MzMk38D

Alfie

I suppose they are going to give Alfie away now. They shipped 300 Alfies to our store today for a member event later in April. Unbelievable. They have to give that thing away.

This Is Fight Club Now

A long, long, time ago in 1999, someone made a movie called "Fight Club". Interesting movie. Then in 2009 some folks who know about finance made up a website that featured arguments between posters. It is a beautiful format to this day. That being... — read more 

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| 1100 views | | 7 replies (last March 31, 2017)
Post ID: @OP+Mzhr89c

It's getting like Pebble on here

I've noticed that over the past few days, there is a rah rah rah poster who reminds me of what I read on pebble. That disingenuous enthusiasm is fine for a corporate site. Not my cup of tea but people feel the need to s--- up to the higher ups. Maybe... — read more 

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| 1640 views | | 19 replies (last April 5, 2017)
Post ID: @OP+MyNetMx

Kfresh

Anyone from the Kmart side of corporate know how the kfresh program is doing? It actually seems like a descend attempt at competing. The store they remodeled in does plaines looks really impressive (which is a total shock lol)

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| 722 views | | 1 reply (March 29, 2017)
Post ID: @OP+MxUnbMD

Vendors for In homes services

Part vendors are reverting the accounts to pay upon receipt versus net 60 day. The technicians must use a credit card to purchase parts for the repair of the appliances. Basically, the vendors don't think Sears can/will pay for the parts in a timely... — read more 

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| 1040 views | | 6 replies (last March 30, 2017)
Post ID: @OP+MxeFPzA

Data mining and Know Your Member

As appliance salespeople, we're required to enter customer information into this app every day. I now use the local obituaries as my starting point. Sick, I know, but I rather SHC flood a dead guy's email than someone who could get angry and never... — read more 

Creditor musical chairs

No amount of stock purchases is going to save this company. Only positive earnings which will not happen. Eddie is positioning himself to be one of the first in line amongst the creditors.

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| 910 views | | 4 replies (last March 29, 2017)
Post ID: @OP+MxlIHKO

The Kmart Bus

Making of the Kmart V.E.R.V. Bus Kmart had three goals in mind when it joined forces with West Coast Customs to create a first-of-its-kind virtual reality bus: 1) design a ridiculously awesome, out-of-this-world mobile experience; 2) make the... — read more 

Sears to close Six Corners store in Chicago?

This store is close to my apartment and even though they're probably a high volume store compared to many, it didn't exactly look stocked up and expecting to stay open much longer. I didn't have many points to redeem, but wanted to cash out. It took... — read more 

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| 1590 views | | 5 replies (last March 30, 2017)
Post ID: @OP+MwsghXf

Sears and Simon Mall?

Did Sears give back all of their Simon Mall Sear Stores? The Reit that they formed in the last couple of years. I heard something like that today. I know I am not wording it right? If you know anything please tell. Thanks,

Vendor issues

I heard Panasonic is no longer shipping to Sears. Working in appliances out vacuum shelves are empty. That makes sense

Anybody else hours get cut ???

From what I was told my store had to cut $7,000 in budget for the week. I'm pretty sure they're going to keep cutting until July 8th then they can give up on the whole operation.

APM's

After cutting out so many APM's from Kmart and Sears.....they've opened up a ton of APM positions in both venues. Probably hiring back and reducing the rate of pay!

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| 962 views | | 3 replies (last March 27, 2017)
Post ID: @OP+MutNskt

Notes From the SAC

As long as we are doing tribute songs to sears I might as well add one. https://www.youtube.com/watch?v=J3ZwiF88RkE Definately NOT "the softer side" of seared [sic}. Obviously I am auto. I have three bikes in my garage, two of which are Harleys. We... — read more 

What Share Prices Indicate

Share prices of any stock represent the price one private party is willing to pay another private entity for a share. Share price in no way indicates the underlying value or health of a company as the company has no access to funds from traded shares... — read more 

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| 653 views | | 3 replies (last March 28, 2017)
Post ID: @OP+Mtqoadr

How Sears CEO Lampert cashes in as stores cash out

http://www.usatoday.com/story/money/2017/03/22/sears-holdings-ceo-eddie-lampert/99487518/ This story is part of the series How Sears CEO Lampert cashes in as stores cash out Nathan Bomey , USA TODAY Published 1:39 p.m. ET March 22, 2017 | Updated... — read more 

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| 640 views | | 1 reply (March 24, 2017)
Post ID: @OP+Msa9nrA

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