Expect the Absolute Worst From Sears' Results Brian Sozzi (This article originally appeared at 9:00 a.m. ET on Real Money, our premium site for active traders. Click here to get great columns like this from Jim Cramer and other writers earlier in the... — read more
Multiple reputable websites reporting bankruptcy for Sears is certain within the next few months. Read article below
http://realmoney.thestreet.com/articles/12/05/2016/expect-absolute-worst-sears-results
SHLD Q3 Earnings Statement
At 4 pm central Sears released the following press release. "Due to a systems issue, all Q3 information has been lost. All interested parties should move forward under the assumption the company has completed its transformation and returned to... — read more
SEC Quarterly Reporting Rules
The Securities & Exchange Commission (SEC) requires companies to file earnings reports no later than 45 days after the end of their first three quarters, and their quarterly and annual reports 90 days after their fiscal year end. Companies file... — read more
Savannah GA, Gainesville FL, Panama city FL, Pensacola FL Ocala FL and a host of other Sears and Kmart's closing
http://properties.theshoppingcentergroup.com/property/output/document/view/id:11794/?time=1474082569/ They are being sold by this real estate company, once they sell them for redevelopment, associates will be laid off. same trend that had happened... — read more
Do Not be Afraid
I think it is time that I fess up about a few things. I try to make you folks laugh because I believe that you have to laugh at the whole farce that pretty much everything is. One qualifier here is that I am GenX. Starting to get some grey hair even... — read more
Mnuchin Leaves SHLD For Treasury Position
After leaving SHLD to take the position of Treasury Secretary, Mr. Mnuchin has revealed some of the details on how he plans to grow the United States economy. The people of the United States will no longer be referred to as citizens, but as... — read more
Shorted 30 Hours On Last Paycheck
I think Eddie must read this site and has figured out who I am. I always look at my paystubs on the MyHR screen and found out that I have been shorted hours. The funny thing is that I am SNE or salaried non-exempt. I put in around 48 hours a week and... — read more
Sears is on the brink of catastrophe as stores closures loom and top execs flee the company
Check out this article. http://www.businessinsider.com/sears-problems-loom-large-2016-12 I am happy to watch the ship sink. I hate it for the hard working people who will lose their jobs but as for Sears, they gave me 40 days notice that they were... — read more
Sears President and Chief Member Office Joelle Maher abandons ship
I don't know if there has been an official announcement yet, but this came up in another article. She only lasted a year and a half. "Sears President and Chief Member Officer Joelle Maher also left the company this week, Sears confirmed to Business... — read more
SHLD Board Director Mnuchin Resigns
Do your own due diligence on this one. Sears Holdings Corporation (Nasdaq: SHLD) announced that Steven T. Mnuchin has informed the company that he has decided to step down from the company's board of directors, effective immediately. President-elect... — read more
Christmas Decorations Are Already On Clearance
I got a SYW email yesterday letting me know that the Christmas decorations are already on sale for 50-70% off which is very unusual for it only being the early part of December!! Perhaps Sears Holdings is using the opportunity to get rid of more... — read more
Pharmacies and outlet department closures, Kmart store stays open...for now
Sears are closing pharmacies and outlets while leaving that actual Kmart stores in tact. So not a lot of publicity is happening on it. An outlet inside Kmart today was given notice that they will vacate in two weeks. So this Kmart has lost its... — read more
Q3 2016 SHLD Financial Results To Be Announced Dec 8, 2017
Hoffman Estates 12-1-16. The Sears Holding Out Corporation Board of Directors has retained the services of Elizabeth A. Coleman, Inspector General of the Federal Reserve System, to direct an independent investigation as to where the 2016 Quarter 3... — read more
Toys Aren't Kmart as Amazon, Walmart Surge Ahead in Holiday Shopping Kick-Off
No toys for you. https://www.thestreet.com/story/13910579/1/toys-aren-t-kmart-as-amazon-walmart-surge-ahead-in-holiday-shopping-kick-off.html?puc=CNNMONEY&cm_ven=CNNMONEY
Predictions on earnings. er loses.
Since SHC is waiting until tomorrow, Friday, after the markets close to post the 3rd Q loses it must be really bad. Any predictions on how bad. I'm thinking 350 million loses
Hoilday hours
We start closing at 10pm next week. Could this mean more mandatory overtime? We're short staffed for regular hours! Appliances often covers breaks/lunches in the jewelry department, but they won't do that all month long.
3rd quarter earnings
very bizarre - seen an article stating that 3rd quarter results are out tomorrow- but dint see anything on the company website announcing it. If it's true then the results must be awful- seems odd to keep it so quiet. I was expecting results in a... — read more
New list of Sears and Kmart stores closing soon.
The complete list of stores closing is as follows; All of them.
More Kmart stores in Michigan closing next month
More Kmart stores in Michigan closing next month Associated Press , WZZM DETROIT (AP) - Several Kmart stores in Michigan are preparing to close next month, following dozens of others that have shuttered in the state since the company filed for... — read more
SHC is a dumpster fire and salaried managers are the only ones who care.
While nothing is official preliminary numbers are enough to have salaried members of management sweating bullets and really they are the only ones who care. Really and truly the underpaid/part time associates don't give two ****s, when I lose my job... — read more
Online orders and weekend sales
Any news to report on how the online orders went over the Thanksgiving weekend. From what I have heard the stores were mostly dead but I havent heard anything about online orders.
Store Closing Rumor
Just a rumor, but heard they will announce closings of 89 Kmart stores in December, then the remaining Kmart's will be remodeled. I believe the closings will occur, but doubtful about the remodels. If "Blulighter" is still around or anyone else finds... — read more
15 Haunting Photos From Kmart's Final Thanksgiving Day Opening.
Kmart stores in suburban NY were mostly empty for its annual Thanksgiving Day opening. https://www.thestreet.com/story/13898550/1/15-haunting-photos-from-kmart-s-final-thanksgiving-day-opening.html?puc=CNNMONEY&cm_ven=CNNMONEY
Jeffrey Balagna is out.
Sec filings from Wednesday indicate that Jeffrey Balagna is leaving the company at the end of the month. "Mr. Jeffrey Balagna, Executive Vice President of Sears Holdings Corporation (the “Company”), will be departing from his position with the... — read more
Who is this new PA worker they are starting soon? Corporate shill?
What is this PA position they are going to fill and is that person just a corporate spy from Hoffman?
Black Friday Updates
I can report that at opening there were a whopping Zero people in line for the doorbusters at opening. The registers are full of cashiers but no customers to serve. I have always tried to remain positive but it's degrading thing to see every... — read more
Thursday Updates
Currently at my store it's just like any other day. People are complaining and everyone is leaving. Electronic sales are nonexistent and Levi's are still $40. We did get some store provided food but besides that I think every associate recognizes... — read more
Lack of Inventory/Business Being Turned Away
A few things to note for my store. I was off for two days and they shipped out half of my tires. The tire specials are what Auto is featuring for Black Friday and the deals are for in-stock tires only. I am running low on batteries and merchandise as... — read more
Dot coms
We dont even have boxes to ship out our orders! Told to process and hold until boxes come in. This is breaking my heart!
Labor Law overtime rule..........
Now that a judge has blocked the Labor Law overtime rule............he said that our fine President (sarcasm) did not have the authority to sign off on this and it has been said it is doubtful that it will move forward.........will the Kmart Asst... — read more
Any holiday perks at your store?
Just wondering if Sears is offering any holiday perks to their employees at the store level. Will there be any turkey platters and sides in the break room for employees, provided by Sears? Any turkeys given out? Anything? At my store the employees... — read more
Sears Layoffs 2017
Redundancies, RIFs, Layoffs, Job Cuts, Surplus, there is a ton of names for pink slips but do you really think that we'll be affected here in Hoffman Estates.
Pre Black Friday Sale allowed to use customers shop your way points for us.
we literally had about 6-7 customers the entire night. mostly our employees purchased things due to our store manager letting us keep the shop your way points other customers do not want. We used to have AP who would fire people for this but ap no... — read more
Never Stop
Even when you think all is lost and you are alone I encourage you to think again. Forget SHLD and move on if you can. Me? I am a vulture picking over the rotten flesh of the next financial statement. You can't fix the mess that is SHLD.
SYW Barcode Failures/Successes For Members Only Night
Much like many of you I got to work the "Members Only" tonight. I will say that we actually had customers in the store tonight even if half of them were Sears employees. We sold a lot of stuff to ourselves.:-) Why not? I think we all know that there... — read more
King Eddie
Why don't we discontinue everything in the electronics department and turn them into VHS rental stores. Then we can blame employees inability to convince our members how much better renting VHS tapes is compared to the low cost of HD digital content... — read more
I Quit.
Sorry about the repeat post, not sure why it didn't post my text. This morning the holiday schedule came out and Sears has me working Thanksgiving night, LOL!! and then all day Friday and Saturday. I don't think so. Since Jan they have scheduled me 5... — read more
Kmart commercial.
Its really sad when your son sees a Kmart commercial and says, "that must have been recorded in a Walmart with the Walmart signs covered up with Kmart signs because kmart doesn't have any stores anywhere near that nice."