Global Sale Process On November 11, 2018, the Court entered the Order Approving Global Bidding Procedures and Granting Related Relief [Docket No. 816] (the "Global Bidding Procedures Order") for a sale of the Debtors’ assets, including the "Go... — read more 

Or will it all be done in the following two weeks?

On Friday, owner Lee Schoenherr told his 200 employees he will share nearly $4 million with the full-time workers. The amounts will vary based on longevity, but the average bonus will be about $20,000 per worker, with the first installment to be made... — read more 

It's overdue.

Got that bogus holiday YouTube video on the work cell today from home services CEO Mitch... Did anyone see his enthusiasm that we too are going to come out of these uncertain times as he called it. You could read his body language all day he is so... — read more 

15, 20, 30 % off in many departments. Can't tell me this isn't a pre cursor to total liquidation. Pull the bandaid PLEASE!

I don't think we'll see any ads until its liquidation ads "UP TO 80% OFF AT YOUR LOCAL KMART/SEARS" Other than tools, appliances, or mattresses when do people want to run to Sears? I never hear my mother in law say "I'm going to look at bathing suits... — read more 

Has it been a do ( stay in business) or die (liquidation) season? If I didn't work for Sears, it really would not cross my mind to even go to Sears for any shopping since there are no TV ads in Michigan But since I do work at sears, their selections... — read more 

The top executives receiving these bonuses should be ashamed of themselves! They have done absolutely nothing to help bring this company out of bankruptcy and have done absolutely everything to put us into bankruptcy! Recent direction from top... — read more 

Of course he refused....He's a coward. https://www.cbsnews.com/news/the-fall-of-sears-from-worlds-leading-retailer-to-bankruptcy/

The last number I saw was 4,300, but that sounds like a lot considering how many layoffs keep rolling around.

https://www.cbsnews.com/news/sears-bankruptcy-court-oks-25-million-in-bonuses-for-top-execs/

Whoever thought the court would not approve the executive bonuses is either very naive or poorly informed. As disgusting as it is, this was expected. The company wants to prevent the executives from jumping ship in this critical situation and want to... — read more 

I thought they were going back to court today?

Irony at its best. Anyone know Eddie's email so I can forward them?

How is HE reacting to our great leadership losing $950 million in 13 weeks?

I do not understand how a failed leader is receiving financial benefit when she is part of why sears is in the situation to begin with. She is a failure. She cannot lead but yet in bankruptcy the organization selects her to be one of the members of... — read more 

The plan to seek higher bids for SHIP got sunk. https://www.bizjournals.com/chicago/news/2018/12/14/sears-home-improvement-auction-canceled-due-to.html

https://www.msn.com/en-us/money/companies/sears-gets-bankruptcy-court-approval-for-up-to-dollar253-million-in-bonuses-to-top-employees/ar-BBQYfXJ?ocid=spartandhp

Customers using points from the retailer's rewards program accounted for $49 million of the revenue decline.

when i was hired decades back and got a job in the then-Sears tower, as part of the job orientation, they took you to a testing room, where appliances were tested for durability. they had a robot arm, that went 24/7 (i think), opening and closing... — read more 

Kinda makes you think craftsman isn't at sears anymore Meanwhile Sears has no tv ads in this do or die season for our survival!

Am I reading the docket correctly that with a few changes to the original proposal that judge drain approved the bonuses? But the company can't afford severance for the workers?

Bought a couple of Xmas gifts at Kmart. The clerk did not ask me if I was a member or if I wanted to sign up. Also there was no mile long receipt with all of the great offers to come back again. As I drove to panda express for lunch, I realized that... — read more 

The thing is massive now that we're in Chapter 11... https://www.sec.gov/Archives/edgar/data/1310067/000131006718000029/shldq32018.htm Gotta love the salaries of the three-headed CEO monster...

The end of Sears is a customer service disaster. Sears’ problems are piling up faster than I can answer them as the once-dominant retailer heads toward a possible liquidation. In case you missed it, Sears filed for Chapter 11 bankruptcy in October... — read more 

@1ytj-- except most of the expired food and meds are Smart Sense brand. Had some cookies come in a week ago that expired in 2017 @WARDIaT-1sbp

We lost $950 million in three months.

Does anyone know anything about individual branches closing down from the Home Improvement side of Sears Holding?

The IRS won't let Eddie take those $11 billion dollars of carry forward losses as a tax deduction unless Sears remains in business. The problem with that idea is that it needs to stay as business as Sears, and it needs to be profitable, against, as... — read more 

CHICO — Considering the recent Camp Fire, Kmart will be holding a community event Saturday that includes free catered lunch and a 24-pack of Smart Sense water for the first 500 guests. Kmart will also be giving 300 $10 gift cards to those who did not... — read more 

"I don't have time to work I'm too busy delegating." I don't want to upset anyone so I'll let you guess who said it. You get 1,171 guesses.

Sears Holdings Corp., the bankrupt retailer, owes money to vendors for everything from lawn mowers to washing machines. Those companies are increasingly worried the department store company will bleed too much cash to repay them in full. The vendors... — read more 

Any one know who bought the Sears building, in Victor N.Y.? Lots of activity, in the building, since the store closed a couple weeks ago.

My store manager bent over at the hip in front of me (yuck) he did not say anything just smiled. should I call 88sears

HYANNIS, MA - On December 11th, the Chief Procurement Officer for the Town of Barnstable, on behalf of the RFP Evaluation Committee, submitted the recommendation for the award for the commercial property Cape Town Plaza (aka Kmart Plaza) under the... — read more 

It's coming sooner than you think. Freight coming in the back door like there is no tomorrow. Sure looks like Armageddon.