The report is out. Just the basics : 395 million dollar loss, bringing the annual loss to 866 million so far. Cash balance of 276 million. ESL (Eddie Lampert) gave them another loan of 300 million and they are working on getting another 200 million... — read more
when will we hear?
I am not scheduled to work tomorrow...where will I find the quarter posts at? our store mgr. said he would not be in because of a meeeting
The only Real Asset left to sell
How many have heard of Innovel Solutions? Innovel is the creation of Home Delivery, Home Services, and the DC'S that support the Home Delivery Business. They were all brought under the umbrella of a potential 3PL organization that can do warehousing... — read more
Sears announced new shop in shop of international clothing brands this fall in 5 stores in New York and New Jersey. Looks like they are spending
Also someone was looking at our decrepit photo studio this week to perhaps bring in another photo studio. I was in shock. So why do these things if stores are closing and they are filing bankruptcy?
Closing Store Login on Vendor Portal
Any Kmart associate with an Enterprise ID/User ID and Password can also logon to this one from home, https://vendorportal.searshc.com. I am not sure if Sears associates can or not, but they can try. I can still pull the site up from home but my ID... — read more
IT Thread for Store Tech Support
Hey guys I created this thread for those of us that understand IT. So I do not confuse everyone else? How severe hardware wise are the conditions at the data center in Troy?
Store closure - Kmart 4361
Store closing signs went up this week for Kmart 4361 in Hazlet NJ.
No way to run a business.
So how's an 80,000 sq ft store supposed to operate with 3 employees? Visited local Kmart to find 3 employees only. The Garden shop was locked and chained.
Can I post a song link that does not contain 'Offensive' letters?
The wreck of the Edmund Fitzgerald. I think our main frame server will be like this soon. Just all gone and hardly remembered in the whole scheme of things. SHC will implode and nobody will even remember but US and we should just forget it, too. link... — read more
Sears Auto to launch pirated marketing program
Sears Auto Centers has announced to its employees the intent to launch a pirated, proprietary marketing plan that was created by a small New England firm, The program was actually tested, at no cost to Sears, starting in February. Management actually... — read more
New LP Manager
I accepted the LP Managers position at our local Kmart. I realize this could be a very short employment but I'm hoping to get some needed experience. I was told that my experience maxed the starting pay scale but was only offered $14.50 per hour or... — read more
"System update" 8/18/2016
System update? Are you serious? This an update that took down the debit card system, Sears card payments, store coupons, layaway system, all returns even with a receipt, inventory look ups, online ordering, and the SYW points system. System updates... — read more
Sears Holdings employees need an exit strategy - Bankruptcy is right around the corner
Until recently, I was a long-time Sears upper management employee based out of their Hoffman Estates headquarters. I recently took a similar position with another national retailer because Sears Holdings truly is like the Titanic. They are DOOMED. I... — read more
Sears Big Wig Pay
All posted on this site : http://people.equilar.com Robert A. Schriesheim Advisor at Sears Holdings Corporation : Robert A. Schriesheim's Annual Salary, Stock and Options Salary and Bonus $1,090,700 Stock Awards $284,167 Option Awards Robert A... — read more
Sears Clearance Shoppe Grand Opening!
Just saw this banner on my local Sears store so I went inside to see what it's all about and what I found was a new small area at the back of the store with what appears to be clearance items moved from another part of the store. "Grand Opening... — read more
If SHC goes out of business will it affect Lands End and SHOS?
Does anyone know off the top if SHC goes belly up does it affect SHOS a lot? I know Lands End will not be effected since they were spun off right? Even though SHOS was spun off from SHC how will it Impact SHOS. FYI: SHOS = Sears Hometown & Outlet... — read more
Sears Orlando
Read the article about the Sears in Orlando closing. Good luck to the 88 associates that are affected.
Basic and serious question - why does Eddie even bother keeping the remaining stores open? Wouldn't he be better off financially liquidating?
It's not rational to keep the stores open, year after year, loss after loss. He won't have a choice, they will be liquidated in Q1 2017 after the vendors stop shipping and SHC runs out of cash, but I just can't see a rational argument for keeping the... — read more
Warning: Employees Doing Building Maintenance
Too the poster that stated they are replacing floor tiles. YOU NEED TO STOP THIS IMMEDIATELY AND CALL OSHA OR THE HEALTH DEPT. Floor tiles and/or adhesive in a lot of these older stores contain ASBESTOS. I was a QMT for 22yrs and did building... — read more
September 9th store closings/earnings/ect.
I wonder this time how many store closings/staff cuts they will make. The person who made the comment about 15 employees for a 85k foot store. You cannot run a store on payroll like that. Corporate has lost their mind.
Sears is just a big charade, in the end, we are just pretending to be a retailer
Eddie is keeping this going until summer of 2017--when it is expected to file for bankruptcy. He can't do it intil then due to financial consequences that he will incur (all related to the pensions). Meanwhile, everyone--from the stores all the way... — read more
Macy's is closing 100 stores!!!
If Macy's, a profitable and good company is closing this many stores....
Management structure change and possible layoffs at approx. 200 stores
I found out today that 200 stores will be making changes to the "management structure" as a "test" the first part of September. These stores have a salaried hardlines ASM and two softlines leads (rather than one salaried softlines ASM). The new... — read more
Sears/Kmart Closing List on Yahoo Finance
Alabama Sears: 700 Quintard Drive, Oxford Kmart: 5980 Chalkville Mountain Road, Birmingham Kmart: 1101 Beltline Road, Decatur Kmart: 230 Green Springs Highway, Homewood Kmart: 450 Z Schillingers Road, Mobile Arizona Kmart: 300 W. Mariposa Road... — read more
Pos checklist/IT closing checklist
This is how it was done at Kmart. Did Sears do the same checklist? Those of you that went through a Sears NOT Kmart checklist? Anyone who went through a store closing, ever did the IT checklist of what equipment had to be shipped back or... — read more
What the hell did I get myself into?
Joined this company a few months ago as a softlines lead. The store that I work in has no help at all. Nada. We aren't trying to hire anybody and there's no hours for the employees that are there. If we do hire someone they last two months at best... — read more
Are Sears stores on P2P like Kmart?
Does anyone know if the Sears stores are on the P2P plan like the Kmarts are? Like Phase 1 to Phase X Oh the morons at the Sears near me, just got rid of their manager August 1st. So if a store manager at a Sears is gone is that an indication the... — read more
Difference between a Kmart store closing vs a Sears store closing
I do not know what a Sears store closing is like but I have worked at a Kmart one. Is there any difference between either liquidation. Are things done differently done at Sears than Kmart? Yes, I am an idiot but for the time being I might take a job... — read more
I noticed something while walking into Sears...
It was the outline of vinyl or acrylic paint lettering that had been removed off of the glass of the front entrance. It used to read "Satisfaction Guaranteed or your money back". Someone intentionally scraped it all off. The old "Sears, Roebuck and... — read more
Another Family and Friends event coming soon...such a waste of time
These "sales" are a waste of payroll. It's hardly worth shopping since few items are actually on a good sale. The store is dead once it stays open past normal closing hours. There is so much hype for something so insignificant. Advertising is limited... — read more
A Sign Of The Times
Last night while jogging. I ran past our local Sears and noticed that they only had 5 lawn tractors displayed outside. Last summer, it was probably close to 25-30. Lowes, Home Depot, Walmart, etc all have many more on display at their stores. I... — read more
Message Board
Anyone have a link to the message boards referred to in Business Insider?
Shoplifters...
are hitting our store which does not have loss prevention. Management doesn't even have access to or doesn't know how to use the CCTV. I'm not sure if it even works. And, of course, we can't touch or chase after them. So, criminals in our community... — read more
"Our jobs are much more simpler and more enjoyable"....
...was the excuse coming from Sears Holdings regarding speculations of Kmart shutting down and their claim of "a new way of doing things". I don't know a whole lot about Kmart and if the jobs of its employees are simpler and more enjoyable. I highly... — read more
the most pitifillist post ever
is pitifillist even a word? I work at a Kmart and I Cannot Confide this to any one. I clock out and work hours off the clock. I do this because I still had Hope,
Why send freight when we have no one to stock it?
We get too much crap and no one is buying it. There's no room at all on the floor for it and we don't have the hours to get it out to the floor. Even if we had the hours, we don't have the room. A good amount of the softlines department is all... — read more
A new change to Shop Your Way
I work in the automotive section at Sears. I checked my email today and an interesting item came up. It stated that the auto section has to pay the main store when Shop Your Way points are used. We are now directed NOT to use the points unless the... — read more
may I post George carlin. it sums how I feel..
But there’s a reason. There’s a reason. There’s a reason for this, there’s a reason education S---S, and it’s the same reason it will never, ever, EVER be fixed. It’s never going to get any better, don’t look for it, be happy with what you’ve got... — read more
Re: He that lives on hope has but a slender diet.
you were right, that didn't take too long to see. I really wanted hope to be real. Real is what we worked with today and it was stupid, sorry, sad and disgusting. So much for hope. Reminds me of George Carlin and the seven dirty words skit. I had all... — read more
forgive me for being so happy about us being given one more chance... it's been gloom for so long and I know so many stores
are still in that sad dark place. But our store is revitalized. Even the dullest worker has a little spring in their work now. A little bit of hope goes a Long way. kmart 4093 Nashville tn