I don't care if you believe me or not, the truth will come out regardless. He's working from his fallback bid now, 200-250 stores. That's why the today's negotiations took so long. Everything is going to be auctioned individually now. This process... — read more 

https://www.businessinsider.com/bruce-berkowitz-reveals-why-he-abruptly-cut-ties-with-sears-2018-2 Former Sears director Bruce Berkowitz says the retailer "wrecked" his hedge fund's performance Bruce Berkowitz, a former Sears director and one of its... — read more 

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Any insiders here that knows?

Gymboree is expected to file bankruptcy and file the majority of its stores. https://www.cnbc.com/2019/01/14/gymboree-reportedly-close-to-bankruptcy-to-liquidate-all-stores.html Remind me again what makes Sears real estate so valuable?

I imagine that all of us know what is realy behind Eddie’s bid and his wilingness not to let the instant liquidation happen, but i found this article interasting in a sence that for the first time in the media someone openly and directly discuses and... — read more 

Win or lose, Sears' chairman may still come out on top He's been chairman, CEO, landlord, lender, and largest shareholder — all at the same time. If the company survives, he wins. If it ends up liquidating, he also wins... — read more 

By Josh Kosman and Lisa Fickenscher January 13, 2019 | 10:45pm The head of a sizable hedge fund is eyeing bringing the Kenmore and DieHard brands out of the Sears bankruptcy — but it is not clear if he can pry them away from company honcho Eddie... — read more 

As the title says

I'm not a shill, and throwing punches with skin in the game... Netscape. They invented the browser but where are they now. Apple was almost done til some funky computers in kinda hip colors made it easy to access the .net. Retailing on the net is... — read more 

They’ve been closing RRCs left and right. Jax was apparently 3/4 empty 6 months ago. At the rate things are getting replenished when they do go out of stock, it seems more like the RRC is more of a pass through and less of an actual warehouse. DDCs... — read more 

If Eddie manages to win this tomorrow, is he still on the hook for continuing to pay on the pensions? I know it’s been a heavy burden on Sears as a company paying these out.

I know a lot has been said on different threads about 1/14, but I would like to see some additional opinions on what can we expect from tomorrow. Are we going to see some dramatic turnaround or is it going to be confirmed what we've been expecting... — read more 

Lampert wanted these properties from the start, especially Kmart's. This is why so many Kmart locations have been sold, or the leases terminated. He only wanted company owned stores, so they could sell them. He had no intention of ever saving the... — read more 

Not sure why alot of people still are looking for clues as to the future status of their stores. Or the possibility the stock they own will still give them something significant if they sell it. Or if they will get severance. While some of these... — read more 

Do I understand correctly? You realize Sears (SHLDQ) stock will eventually be cancelled whether ESL does or not have a winning bid on assets from the company "SHLDQ"? If the "SEARS" brand is included in his purchase ESL or some other body could... — read more 

Eddie will almost certainly win the auction. His bid is more than Sears is worth by any reasonable measure. What will he do with the time he's bought? There's too much up in the air. Not even he knows.

Many of us may spend $20 or $40 on lottery or slot machines or a couple hundred on a sports bet anyone else buying a bunch of Sears shares in case something interesting happens ?

The Lands End store locator says “Store currently in liquidation” for Sears stores that are (supposedly) open for business? Do they know something we don’t?

How long did it take from the day you faxed it in until it was in your bank? (the first installment). For those that took the package in the past. Thanks in advance.

It’s frustrating to visit Australia and see such well-stocked and well-run KMart locations, and know that we have none of that in the US. If liquidation happens, I sincerely hope Wesfarmers takes over the Guam store and make it as good as the... — read more 

FOR THOSE IN THE KNOW is it a done deal? is appliance repair part of it what happens to the leased a&e vans

Ok, I'm pulling this purely out of my posterior, but I'm trying to fit the puzzle pieces in a way that tries to make sense of what Eddie's doing not look like complete brain damage and instead look like a smart move that doesn't make the banks look... — read more 

This message board has been a great place for keeping up on what was going on. However everything posted now is opinion or already available in the news. The fact that much of it is fake leaves me to move on. Again, thanks to the people who provided... — read more 

A smaller Sears operation, focused on the core hardline brands, is an interesting proposition. There are also other strengths in the portfolio. For example, Kmart Pharmacy — believe it or not — has been top-ranked for customer service for several... — read more 

I doubt that most of us don’t know the possibilities, but here is an article that covers all of the possible outcomes of the bankruptcy auction. Sadly I see only one imminent outcome and think that everything else will just remain a possibility that... — read more 

Anyone know when W-2s coming out from the past years usually we had them by today if you signed up for electronic w-2s

Each action prolongs the BK by X amount of days. The next action date is supposed to be 1/14. This would let the suppliers see just how much less they can expect to get when it's all over. Maybe convince the court to hurry things up, regardless of... — read more 

The best title of an article about Sears I've so far ran into in the sea of media coverage: "The man who broke Sears now wants to fix it" To the point. And we are supposed to think he can do it? Laughable... — read more 

The revised bid from Lampert and ESL, which comes under a newly named organization Transform Holdco, includes taking responsibility for hundreds of millions of dollars in liabilities that were not included in the earlier $4.4 billion proposal, which... — read more 

https://www.change.org/p/jeff-bezos-amazon-to-buy-sears-real-estate-and-home-services-division?recruiter=928152331&utm_source=share_petition&utm_medium=copylink&utm_campaign=tap_basic_share

Interesting that no one has mentioned that neither of the two known bids from liquidators were certified to participate in the auction. One of their attorneys asked Judge Drain if they would be allowed to participate in the auction, and was told that... — read more 

Entire APP department will be eliminated come feb/March. Nadine managed to run the APP credibility into the ground. Scott Glenn would be disappointed.

Some employees might be staying because of what is known as the 'golden handcuffs'. At H.E. HQ, some folks were hired with an above average pay or were promoted into positions they normally would not be qualified for... so they would either join the... — read more 

A look at the situation now and how it may progress in the coming weeks. https://www.cnn.com/2019/01/10/business/whats-next-for-sears/index.html

Unless there's some actual go-forward plan to make things better, I don't see a point. When GM went bankrupt, they too washed away a lot of debt and obligations, but the government task force made sure they changed a lot of their processes, They... — read more 

Suppose you win the bid next week Eddie? So what? Will it bring back the $12B you've lost? Will it bring back the 250,000 employees you've fired? Will it bring back the customers, foot traffic, and cash flow you've lost? Will it bring back the trust... — read more 

I really don’t understand why employees continue to hunker down inside this dumpster fire and count down to each extended deadline instead of pouring every resource into finding stable employment. Bankruptcy was declared months ago and despite every... — read more