I will throw a bone to the Yahoo SHLD folks here by asking the question. What are your inventory levels? At my store, we have a lot of empty shelves and the restock shipments we do receive are are minimal. I can't sell something I don't have. We have... — read more
Interesting Sears Bankruptcy Prediction
I saw a prediction that someone else had made on yahoo which perfectly sums up the SHC situation and thought I would post it here: "I'm going to make a bold prediction and say Sears has about 1000 hours left before they go bankrupt. You can't find a... — read more
DIGITAL SHOWS WHY WE'RE FAILING
I WORK FOR DIGITAL ANALYTICS&MARKETING TEAM (100 PEOPLE LARGE) AND HAV BEEN AT THE COMPANY FOR FOUR YEARS - I HAVE SEEN OUR LEADER ONCE IN 1-2 YEARS THE CMO LEADER HAS WORKED AT OUR SEARS (HE LIVES IN CALIFORNIA OR FLORIDA) HIS 2 DVPs I HAVE NEVER... — read more
When will Atlas Shrug?
While glancing at the SHLD stock price this morning a picture emerged in my mind. We know Eddie loves the book Atlas Shrugged. I pictured Eddie as Atlas, the giant who holds the world upon his shoulders. Only SHLD was the world. It was a struggle... — read more
So the layoffs begin '325 let go at Sears,
Happy new year! http://www.charlotteobserver.com/news/business/article120871193.html
How old are you?
I'm just curious to see how old the average poster is. Also what rank do you hold in the company? floor associate (sales, cashier, mca etc) Lead/manager Corporate? Did you use to work for sears? Hopefully this isn't against the rules or anything but... — read more
Heard From Eddie Lampert
Has anyone heard from Eddie? About the 3rd quarter, the 748 million lost? No emails from him at Sears. Will Sears go BK like Radio Shack? The higher ups are leaving.
is lawsuits possible...
against a company that pays for the work of one employee and asks for the work of 5 employees? There is a lawsuit against pricing deception....what about employment deception?
Sears Holdings Posts Another Ugly Loss: Bankruptcy Looms Ahead
http://www.fool.com/investing/2016/12/13/sears-holdings-posts-another-ugly-loss-bankruptcy.aspx
More big insider sears stock sell transactions before the bankruptcy...
Sears Holdings Corp. (NASDAQ:SHLD) Director Fairholme Capital Management L sold 46,200 shares of Sears Holdings Corp. stock in a transaction that occurred on Friday, December 9th. The shares were sold at an average price of $12.30, for a total... — read more
Alesia Haas to Resign from Sears Holdings (SHLD) Board
On December 12, 2016, Ms. Alesia J. Haas, a director of Sears Holdings Corporation (NASDAQ: SHLD), informed the Company that she will be resigning as a director, effective December 13, 2016. Whats this like 5 top guns this month alone....
Sears to lay off 325 workers in High Point
http://www.charlotteobserver.com/news/business/article120871193.html They just keep coming... good news is its finally almost over.
Stock price plunges. When is bankruptcy?
Today the stock closed at close to the 52 week low. Suppliers have already been stopping shipments, trucks are getting smaller, shelves are getting more empty. Another board member quits-- four key people in less than two weeks. Canceled all new... — read more
9 Days For 90 Hours Progress
This has been a lot of retail and I have had a new YOUNG employee to train for the last two days. That amped things up a bit. Bring it. It's just awesome how much mental abuse I can take. Even the FLS employees and the other managers are noting my... — read more
Real Estate Taxes
I noticed Sears is yet to pay their 2016 real estate taxes on properties they own or lease in the county where I live. Historically, their taxes are paid towards the end of November or beginning of December. Nationwide they probably have around $100... — read more
best
just to make you smile! I am old and Dean Martin songs always make me laugh and sing. I just found this and love it https://www.youtube.com/watch?v=6bbuBubZ1yE merry Christmas to you all
As 4th quarter last year was the worst quarter of the year for Sears it's entirely possible that this 4th quarter they could lose $1 billion.
There is no way even if they could monetise all their assets they get out of this- every quarter they shut more stores but ever quarter the results get worse not better- I doubt there is a true profit making store in the country.
all I want for Christmas
I want a warm home and things close to me. Got all that. I want our long time ASM to have it all! what can we give him? what do you give to a general? (white Christmas)
just saw an old employee
I 've been @ Kmart for 16 yrs and she is making $2 an hr more with a raise close by. I was so glad for her but why AM I STILL HERE. I hate everyday now. did not use to be this way.
Misleading pricing lawsuit
This was very much exected, inflated prices scam: http://wtvr.com/2016/12/09/jcpenney-kohls-macys-and-sears-sued-over-misleading-prices/?
jesus on a stick, All I want is the 3rd q report
I can't spell Haululluigha {amen} tried
Those of you who complain about how much you hate Eddie and sears but still work there..
Can someone please explain this to me? If you don't like your position in an obviously tainted company...why don't you just cut your losses and leave now? The company can't be saved anyway so would you rather him give up quickly and liquidate the... — read more
This was written in a SEC filing by Sears this week. If you cannot understand what this means, you deserve to be working at Sears....
If we continue to experience operating losses, and we are not able to generate additional liquidity through the mechanisms described above or through some combination of other actions, we may not be able to access additional funds under our Amended... — read more
Sears Auto Battery Sales in Minnesota Of Late
"I need a new battery RIGHT NOW and a cheeseburger with fries and Cream soda." No I didn't make an appointment. I it want RIGHT NOW. "NO"... I replied. "Well, Hmpff, I want to to speak to the manager." the retort would be. "I am the manager." I... — read more
Hey Yahoo SHLD Board
You guys over at Yahoo crack me up. Keep up the good work. I see that you guys are always looking at what we are saying over here and I see that you are the only ones who talk about SHLD. It is a odd stock to try to short as was proved yesterday. I... — read more
Welcome to Sears... We're Sorry Christmas Meme.
It was bound to happen. I finally googled "sears s---s" on a company terminal during my 9 day/ 90 hour campaign of reproach. I found this... http://stacysrandomthoughts.com/http://stacysrandomthoughts.com/wp-content/2012/07/SearsFunnyLogo.jpg I like... — read more
3rd quarter?
I was hoping for eddie's demise. what or where is report?
forgot about bad words
shoot me, kill me or stab me. but..PLEASE make my suffering end. I am so stupid for still being here that I will stab my own neck and croak!
Very simple way to increase productivity - have corporate work 5 days a week not 4
Walk round HQ a Friday, Hoffman or expensive state street, 70% of workforce will not be there they will be 'at home working' meaning relax. Sears you can check logs for productivity. I know this as I'm just getting ready for friends marathon for... — read more
Can Sears Be Saved.
What will happen next after the bad new of the 3rd Quart Report. Can Sears be saved? Will Mr. Lampert loan Sears any more money? What happens to the Pension for the employees. I think he should just closed the doors or sell it to someone that will... — read more
90 Hours In Nine Days
I like to be one of the smart alecs that write some of the satire here. Those of who post here still care about what we do and we will help each other. Eddie is not going to take that away from us. My manager needs a day off and asked if I would... — read more
I know what Sears could do to be the top retailer in the USA
There is one thing that Sears could do right now that would not only put more customers in its stores and ordering online from them, just one thing. They could change their store to a "made in the USA" store. Only sell stuff made in the USA. At one... — read more
Kmart Store Closure Count Update
The Kmart store count at the beginning of Q3 2016 was 883. At the end of Q3 2016 which ended on October 29, 2016, there were only 801 stores left. That means in one quarter alone, 82 stores were closed! Source:... — read more
the most telling things is....eddie hasn't lent them any cash
that the big show, suppliers will not ship anything to them- they cannot pay cash on delivery and eddie has decided enough is enough, he cannot keep throwing money at it.
Terrifying, Sadening ante words headlining early morning articles
https://www.thestreet.com/story/13918372/1/sears-third-quarter-was-nothing-short-of-terrifying.html
Summary of earnings. Cash on hand is laughable
Revenue -721million Net loss to share holders -454million Ebitda -375 million for 3rd q Margin -300 million vs ly 3rd Inventory down from 6.2b to 4.9b Outstanding accounts payable debt on that inventory 1.6b to 2.3b Debt increased from 2.2b to 3.7b... — read more
so it would seem bankruptcy wont happen before august next year
since shareholders could claw back the properties moved to seritage within 2 years. that anniversay is up in august. It also exlains why more properties have not been moved to seritage as eddie cannot keep this pig alive for anther 2 years. By august... — read more
D- Day updates
Is it business as usual or are the aftershocks being felt at your store?