http://seekingalpha.com/news/3233603-sears-unloads-craftsman-stanley-black-and-decker

http://www.freep.com/story/money/business/2017/01/04/michigan-kmart-sears-store-closing/96172514/ Very sad!

You might want to consider this guys. The Kmart.com store locator is no longer updated and closed stores removed. One of the Kmart stores that closed in my state SC is still listed as open, even though it was closed in August of last year. I will... — read more 

Sears announced a second wave of store closures on Wednesday, bringing the total number of closures slated for early 2017 to 150. The company will shut down a total of 108 Kmart stores and 42 Sears stores by April, according to an internal document... — read more 

A statement from the Sears Holdings says, "The decision to close stores is a difficult but necessary step as we take actions to strengthen the Company’s operations and fund its transformation. Many of these stores have struggled with their financial... — read more 

So there are lots of folk that read these boards that know what layoffs are coming at Hoffman Estates or they have a hunch at what layoffs are coming. If there is any information you can share with us about layoffs please do so, any headstart you can... — read more 

FORMAT STREET ADDRESS CITY STATE Kmart 3600 Wilson Road Bakersfield CA Kmart 25 West Polk Street Coalinga CA Kmart 333 Sierra Street Kingsburg CA Kmart 363 S Broadway Denver CO Kmart 2809 North Ave Grand Junction CO Kmart 45 Shunpike Road Cromwell CT... — read more 

at the same time he has saddled the company with annual interest charges of at least $25 million. Now the interesting thing is how much unencumbered real estate is left to sell off in the deal that they want to do. Of the roughly 400 stores they... — read more 

Just announced this morning kmart 4465 Sioux City ia closing

http://searsholdings.com/press-releases/pr/2022

• Under its right under the Master Lease, Sears Holdings is terminating leases on 19 unprofitable stores totaling 1.9M square feet of gross leasable area. The annual aggregate base rent on these stores is about $5.9M, or 2.7% of Seritage's (NYSE:SRG)... — read more 

Does anyone know who decides how much merchandise comes to each store? Or how it's decided? I have read a lot of posts here about empty shelves and such, but the store I work in is still receiving more merchandise than we can possibly floor. (Not... — read more 

Anyone have info on Kmart transforming some of their stores to "Simple Stores"? I heard there have been meetings for this transformation.

Nice put options there Yahoo SHLD snowflakes. Getting rich yet?LOL Oh so smart you all are. Making fun of me because I am a ZeroHedger and a stupid Sears Auto employee. Making fun of me because I want to sell the shopping carts that roll around the... — read more 

http://www.retaildive.com/news/sears-accelerates-store-closings-opens-200m-line-of-credit/433189/

The "Christmas" music was fairly hideous over the holiday, now we are back to the same old hideous music we always play. Most of it is for teenagers and twenty somethings. Some of it is borderline inappropriate and s-xually suggestive. Sears' average... — read more 

As an employee of Sears who is as underpaid as all of you, I often notice Sears shopping carts drifting in the wind around the vast empty parking lot. I have a business idea. If we wrangled in and corralled of those vagrant and wild carts we could... — read more 

to know how it was and how it is now is so hard. It Is bad now and I do find serenity in accepting the death of our store and yours, too. But, wouldn't it be nice to see our departments put back together or our old customers come in to visit? Sure... — read more 

Our resolution for 2017 is to remember that there are far more important things in life than the existence of Sears and Kmart! It would seem that Eddie made that resolution many, many years ago.

It is my understanding, from reading posts on this blog. That Sears/K-mart will be announcing further closings post this recent list of 60. Does anybody have an idea when the additional list will come out? Happy New Year to all.

Our store was down at least 50% for online orders from last Christmas season. We would have 200-300 orders a day or more last Christmas. This year we had less than 100 per day. We also had no boxes to ship things out and we used detergent or other... — read more 

I can't say how I got this yet, but I was able to compile a list of the Kmart and Sears stores that are closing. Some of the Sears may have already started the closing process and were not included in the list from last week. More are rumored to be... — read more 

LC Facility. In addition, the Borrowers are required to pay a commitment fee of 5.75% per annum on the amount of the Lender Deposit ===> (as such amount may be increased from time to time in connection with establishing additional commitments), <==... — read more 

ok time to myth bust and cut through the fog that I see on bulletin boards and news articles. there is hidden asset valuation in sears that will take the stock to $100 plus especially the real estate. There is no hidden asset valuation, the real... — read more 

"A standby letter of credit (SLOC) is a guarantee of payment issued by a bank on behalf of a client that is used as "payment of last resort" should the client fail to fulfill a contractual commitment with a third party. Standby letters of credit are... — read more 

" It's not a good sign that the company is seeking financing at the end of the holiday season, however, when retailers are typically flush with cash. "

then have to assume all the liabilities personally or through his hedge fund? Is there a chance he could do it?

I can almost envision the finished product after the transformation. Its definitely one of the wowest experience ever.

https://www.thestoreclosing.com/s/sears-in-elkins

Post after post keep discussing when their lease is up... let me clarify your lease is up in 2017! Period, if you work for sears or Kmart, you will be jobless at some point this year. Doesn't matter what state your in, when you started, what your... — read more 

the announcement today of the $200million letter of credit from eddie is proof that sears cannot secure any other funding. The revolving facility is tapped out, the banks wont lend, they cannot borrow against the inventory, it would take too long to... — read more 

I had an interesting trip to the bowels of my Sears store looking for a 6 ft back panel that would match my shelving. Normally, I don't go that deep into Sears FLS stuff because I have my own hidden cavern that is full of crap too. I wish I could... — read more 

I have over 18 years at Sears, and my store is closing. I will get 8 weeks of severance pay. I am a full-time associate will my pay be 30 hours or 40 hours, I am not grandfather in. I am FTA30. I am over 50 with over 10 years of working at Sears. I... — read more 

Hoffman Estates. Ill- According to an affidavit filed with the IRS on December 28, an unnamed Sears official speaking on the condition of anonymity disclosed that SHLD corporation will not be mailing w-2 tax forms to employees due a severe lack of... — read more 

Great job everybody on adding to the closing list. We have 28 of the 30. I know someone out there knows which 2 are missing. Corporate is not going to give the media a list. The only list that can be found comes from the store level of the closing... — read more 

Check out prediction #1. http://realmoney.thestreet.com/articles/12/28/2016/my-15-surprises-2017-list?cm_ven_int=homepage-featured

Dec 29, 2016, 01.33 AM Business Insider confirmed most of the closures with store employees at each location. We will add to this list as we confirm additional closures. Kmart stores closing: Jasper Mall, Jasper, Alabama 2003 US-280, Phoenix City... — read more 

According to RVP Northeast Region there were 18 Kmart store closures announced in the region. Unfortunately, no list of stores was provided.