I work in a low volume store. Our revenue numbers have been consistent. No steep drops or spikes in the five years I have been here. I survived whatever culling other stores have experienced recently with Simple Store. Are other stores seeing what I... — read more
YOUR STORE IS CLOSING!!!
It does not matter who in your store or department has been terminated. It does not matter how good or bad you think your store may be doing. YOUR STORE IS CLOSING!!! This company is nothing but a rotting carcass and once the vultures have taken what... — read more
Sears Loss Prevention Layoff
Is a Sears store about to close if they lay off the loss prevention?
SHLD Stock Price Update -- Wednesday, March 15, 2017
SHLD stock price update for Wednesday, March 15, 2017: Start of trading day: $8.86 End of trading day: $8.76 Market Cap (Stock only- does not include value of outstanding bonds): 937.61M
DieHard Auto Center
I live near one of the new "Diehard" Sears Auto Center in San Antonio. Having never visited the location, I can only share that when I drove past it at 9:11 am and again at 2:14 pm today, no customer vehicles were in for service. In the morning, I... — read more
Food stamps/ebt
Did you know sears accepts food stamps and ebt at its sears stores? I have a feeling it's a left over from the grand/essentials days, but theoretically a person could use food stamps to purchase a candy bar a sears!
District Managers in a big meeting
Heard: heard qmts are all being gotten rid of from a non corporate source was supposed to happen this week heard all district managers are in a big meeting too
Any word from Hoffman today?
Please provide details as soon as you have them to keep us all posted
Kmart closing more Hawaii locations
I wonder if they are getting ready to leave the state. http://www.bizjournals.com/pacific/news/2017/03/14/kmart-to-close-its-only-maui-store-this-summer.html I wonder when whole states/ regions will start to be abandoned. Currently the only state/US... — read more
Employee 10% Back In SYW Points?
Anyone know how the SYW 10% back in points is supposed to work? I can't get it to work no matter what I try. You get NO points.
Pension
If you are 55 and older and have the Sears Pension, you can get your money 100%. When your store close down, and you have used all of your severance. Pension will be paid out on the 1st of the month. You must call and get the paper work started. My... — read more
SHLD Stock Price Update -- Tuesday, March 14, 2017
SHLD stock price update for Tuesday, March 14, 2017: Start of trading day: $9.07 End of trading day: $8.80 Market Cap (Stock only- does not include value of outstanding bonds): 940.87M
Management selling the all is well message.
Has anyone else had store managers pushing the message that Sears is doing fine? My store manager today even said that all stores are going through the same difficulties and named Home Depot and Lowes as two that are "suffering" and when you walk in... — read more
Hand soap at Sears
What is with the hand soap all over Sears? It has it's own display in like 3 different departments in my store. Like next to apparel and tools. Bizarre.
SHLD Stock Price Update -- Monday, March 13, 2017
SHLD stock price update for Monday, March 13, 2017: Start of trading day: $9.08 End of trading day: $9.22 Market Cap (Stock only- does not include value of outstanding bonds): 1.14B
Status of Alasdair James?
Status of Alasdair James? I read on a post that Mr James is no longer with K-mart. I have tried to verify the post to no avail. The poster supplied a link via Bloomberg. When i tried the link.....i got nothing. If true? Very significant. If false?... — read more
Creditors have taken the first active step toward bankruptcy.
https://www.wsj.com/articles/sears-lenders-organize-amid-ongoing-cash-burn-1489446755
Any other Sears FLS managers/associates feeling more pressure than usual with credit?
There is SO MUCH pressure to make credit I don't know where to begin. Those of us who are in management have to post on Pebble on an HOURLY basis with updates on credit. The district managers seem to do nothing but troll the Pebble page that they... — read more
More layoffs this week. If your team is vulnerable to SHI offshore team you're in difficulty
Think IT and content jobs like copywriting. if trump wants to ban foreign workers then the corporate world will just go off shore. March 15th we will see.
J.C. Penney launching Home Services
J.C. Penney Co. Inc. JCP, -5.19% said Monday that it is launching J.C. Penney Home Services this month in order to capitalize on the housing market. The retailer is partnering with companies like Samsung Electronics Co. 005930, +1.05% and Trane to... — read more
Whats the loyalty points app that pays people for hors before their paycheck?
Are they going to pay you in rewards points of you want to shop at Sears before payday?
SHLD Stock Price Update -- Friday, March 10, 2017
SHLD stock price update for Friday, March 10, 2017: Start of trading day: $8.13 End of trading day: $9.23 Market Cap (Stock only- does not include value of outstanding bonds): 1.06B
Friends & Family 3/12?
Is this only in a certain district? Is this a joke? It's not posted online, and no emails?! Sooo....how are people suppose to know?? You can't send a few employees out to every police/fire department, local schools, etc. and expect a big turn out... — read more
Two more HQ layoffs shortly
According to two sources I have in HQ, there will be two more layoffs in the next few weeks. Expectations for the first are March 15. IT will be heavily affected. Ultimately, there's word that management want to get IT down to 500 people. A lot of... — read more
Letter to Sears Investers... (the legalities at the end)
Certain statements contained in this post contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that use words and phrases such as the company "anticipates," "believes," "continue,"... — read more
Kmart Pharmacy Division
I wonder if it is even possible to spin out the pharmacy division as a stand alone company? Does anyone know how many Kmart Pharmacy's are left?
2016: Transactions: what we learned Do our customers really want to be members?
Apparel transactions declined by -8.7% vs LY Member transactions declined by -11% vs LY Non member transactions declined just -2% vs LY If member transactions decreased 11% and non member (customer) transactions only decreased 2% has anyone stopped... — read more
Leaked from internal documents...If they are putting this info out to the stores you know it is way worse than this.
Challenge A number of key vendors, per business unit, are constraining our inventory: Stop-shipping, negotiating new terms Short-shipping, limiting their risk with SHC payables Short-shipping, silently short-shipping us
For a company focusing on "Becoming the World's Greatest Integrated Retailer" this should cause a severe panic.
Kmart online sales are down a staggering 44% year to date versus last year. Numbers like that should have a lot of people severely contracting their anal sphincter and screaming, OH SH*T!!!
***C O R P O R A T E B S*** Are there really people out there stupid enough to believe this crock of crap.
Revenues were $6.1 billion for the fourth quarter of 2016, compared to $7.3 billion for the prior year fourth quarter. The year-over-year decline in revenues was primarily attributable to having fewer Kmart and Sears Full-line stores in operation... — read more
Looks like more stores are closing then what was announced.
https://www.aol.com/article/finance/2017/03/10/sears-closing-more-stores-locations/21879408/
SHLD
I don't understand. There has to be some point on the horizon where the bottom totally drops out from under this stock and the company just implodes.
Reassuring visits....
In leu of the super secret not so earnings report, did any one else have a district "call" or visit today to distract from what was really going on? We're the district henchmen out in force in your areas as well?
SHLD Stock Price Update -- Thursday, March 09, 2017
SHLD stock price update for Thursday, March 09, 2017: Start of trading day: $7.88 End of trading day: $8.01 Market Cap (Stock only- does not include value of outstanding bonds): 864.26M
NEXT ROUND OF STORE CLOSURES?
Anybody care to speculate when the next round will be announced?
SHLD Stock Price Update -- Wednesday, March 08, 2017
SHLD stock price update for Wednesday, March 08, 2017: Start of trading day: $7.43 End of trading day: $7.49 Market Cap (Stock only- does not include value of outstanding bonds): 808.15M
Financial Results
The results have been released. $607 million loss for the 4th quarter. $2.2 billion loss for the year. Revenues are down to $22.1 billion for the year from $25.1 billion last year. Kmart sales have declined 5.3% for the year and Sears sales have... — read more
Sears quietly releases earnings without any prior notice
4th quarter loss 607 million. How do you sell craftsman for 500 million and still lose 600 million.... only Sears...