Except we'll close all the stores where you live.
Do u think sears and kmart websites will survive
After all of the stores are closed ?
Stores Closing in 2020 (and beond)
What do you think...
Was anyone naive enough to think Sears would survive?
I think the answer is that we all knew that this is over. Yet we chose to stay. I mean, not many of us started looking for a new job aggressively after sears went private. What did we think that a miracle was going to happen?
Just one new store!
Perhaps Kmart could have done well if for all these closings they had opened just one new store in each area with the closings. It could have been a modern retail building in the current shopping areas that would replace 3 or 4 old stores that were... — read more
Must s--- to be Eddie
All the money in the world will not matter in the end. In the end he will be known as the man who allowed not one, but two American icons to fail at the same time. It really is stunning that the two biggest retailers one generation ago are both... — read more
Any word on the current open Sears stores in New York State?
Has anyone heard from corporate if any Sears stores in New York are planning on being axed in the coming months? Locations include Horseheads, Newburgh, Poughkeepsie, and White Plains.
Sears, Kmart parent company to lay off 250 employees
Sears, Kmart parent company to lay off 250 employees Article source: https://www.foxbusiness.com/retail/sears-kmart-parent-company-layoffs The bad times just keep coming for Sears and Kmart: More employees are being laid off, this time at... — read more
Eddie's Facebook post from 2017
To me, business isn’t about wearing suits or pleasing stockholders. It’s about being true to yourself, your ideas and focusing on the essentials. The number one benefit of information technology is that it empowers people to do what they want to... — read more
Blow the lid off Eddie's lies
https://www.warren.senate.gov/contact He's backing out of his promise of severance for keeping all these jobs alive he talked about in his town hall meeting let her know what he's really doing, obviously doesn't have any interest of his employees... — read more
Will employees here be screwed like Sears Canada employees?
I’m concerned that if/when the company goes under, the same kind of screwing over of employees that happened with Sears Canada will happen down here. Is my fear unfounded?
They are lying out their teeth about severance pay
They announced they were going acknowledge all severance to what it was before they declared bankruptcy last October which was 1 week for every year worked?....now it is we will tell you two weeks before your store is closed what you get, go ahead... — read more
If you buy a classic car with the intention of restoring it to its original beauty and power you invest...
Restoration requires repairs and replacement of worn and broken parts. If you start to sell off the parts the restoration has become an attempt to profit from the pieces until anything of worth is gone. I believe that this is going to be a hatchet... — read more
Its over!!
North Carolina here. Our store is closing. Vendors have been saying it for months and we didn't believe it. Sales weren't good but not that bad. Seems it don't matter because today the word was the whole company is winding down. The one's who didn't... — read more
The real nail in the coffin...
When they took away accountcare for the sears card. Beginning of the end right there
Kmart and Sears have been slowly shut down
It seems like this has been so long and so slow that now the national media barely notices. Ten years ago, it would have been big news if Kmart and Sears vanished in one poof and a lot of questions would have been asked by the politicians, media... — read more
Kmart Revival
It doesn't seem like there's been any effort to revive Kmart since the bankruptcy. Whereas prior to bankruptcy there were always new products, now there are hardly any.
Is there anything that can be done?
It is obvious that Eddie never had any intention to save Sears or all the jobs he touted he was going to safe to the Judge. He lied. It is obvious to a three-year-old child he lied. So is there really nothing that can be done about it? By anybody?... — read more
Georgetown SC Closing Soon
Sears literally can’t do anything right... https://wpde.com/news/local/oops-georgetown-store-fumbles-hurricane-preps
Does anyone even remember better times?
It looks like the agony at Sears has been going on for too long. I'm a long time and I caught myself not remembering when was the last time that things looked at least ok. I imagine that the younger folks don't even know the meaning of the term... — read more
Let’s talk about Seritage
Seemingly lost in all this discussion is figuring out which of the remaining owned (not leased) properties would be prime pick-ups for Seritage? Seritage has proven that they can take a distressed property that was a Sears or Kmart, carve it up... — read more
Employee relations
Sears has struggled with employee relations. One notable example was the shift in 1992 from an hourly wage based on longevity to a base wage (usually between US$3.50 and US$6 per hour) and commissions ranging from 0.5% to 11%. Sears claimed the new... — read more
HE layoffs in October?
This might be the layoffs that just happened, being made permanent after the 60 day WARN notice. https://www.chicagotribune.com/business/ct-biz-sears-layoffs-hoffman-estates-20190904-vasdgwhuyzhbvhctkblqfmpkmi-story.html
250 laid off at headquareters
It's official https://www.chicagotribune.com/business/ct-biz-sears-layoffs-hoffman-estates-20190904-vasdgwhuyzhbvhctkblqfmpkmi-story.html
12oaks closed before Westland mall so strange
Seems like 12oaks mall would have had more opportunities to sell stuff verses westland but then when you think of the higher clientele in no I when they shop they don’t think sears Still it’s amazing that Westland is still open
Any addition to the list of stores set for closure?
This keeps bugging me, so I figure I’d just go ahead and ask. Was the list of stores set for closure final, at least for now, or could they add additional stores that are going to be closed in this wave of closures. If yes, any info on which stores... — read more
2002 BK Vs. 2018 BK- It's the vendors
In 2002 Kmart suppliers and vendors were very worried when Kmart filed for BK because they needed the open stores to sell their products. They (vendors) helped the store get back into the black. But in 2019, with the .com shopping and so many other... — read more
skepticism
Forbes articles (and Business Insider articles as well) have to be read with a healthy dose of skepticism. There's a lot of sensationalism and clickbait on those sites. I'd keep my powder dry until someone like Crain's or the Tribune reports on it.
KMart US Virgin Islands
Guam’s easy to see going Wesfarmers’ way, but moving the complete other direction, what will become of the USVI KMarts? Would Wal-Mart move in? There’s already a Pricesmart in between the 2 KMarts on St Thomas, and they would love to have the... — read more
Sears is being sold to Lowes Kmart is being sold to Wesfarmers
HE is being sold to build senior housing. The end is here. Eddie has a new life boat and it's selling what's left to more successful retailers. it's over my friends.
Auburn Maine Kmart
The Auburn Maine Kmart is closing. The Auburn Maine metro area has a population of 107,000 with NO Target. If Kmart couldn't make it here, then where can they?
Hurricane coming go to work
The store just announced its closing but there is a hurricane that you are in the line of fire and they tell you to open your store. WTF
ESL loading up on a new company
Ironically, I’m hearing that ESL has been buying up Lowes stock. Rumor mill says Eddie is going to sell kenmore in an all stock deal to lowes and be the major over there. Sears remaining fls will become Sears-Lowes and SHOS stores will become... — read more
PwC coming to stores Inventory on Thursday ?
Why would a representative from Pricewaterhousecooper audit company based in London be coming to a Kmart Stores Inventory?
An Open Letter to Judge Robert Drain
Your Honor, you blew it big time. You allowed former Sears CEO Eddie Lampert-and his corporate attorneys- to sweet talk you into saving "45,00 jobs. " You fell for it, hook, line and sinker. You, yes you, are 100% responsible for this retail... — read more
It's over
Kmart could have been a strong brand, but it's clear that it's over.
Hoffman Estates HQ sold
https://www.forbes.com/sites/warrenshoulberg/2019/09/03/is-this-the-sears-endgame-reported-77-more-stores-closing-hq-being-sold/#573e1e604444
Sears in Forida
My wife worked for Sears in Forida when KMart bought Sears and became Sears Holdings, She retired soon after that, but all the employees predicted that within 15 years, KMart/Sears would go belly up. The remaining employees would get shafted, and... — read more
Getting laid off before the bankruptcy was filed sure looks like a blessing now and from this perspective.
I remember that a couple of my friends were laid off in the wave that struck before Ch11 was filed. That made me sad, my heart went out for them, but on the other hand I was glad that I stayed. Felt I was lucky not to be chosen for the cuts. Now all... — read more
"Should have gotten more PAs, should have gotten more credit..."
I was having lunch in the breakroom and talking with another coworker about our store closing. Our store manager walked by us and overheard our conversation about us closing, and rudely interrupted us by saying that we should have gotten more credit... — read more