Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

Good News, Sears just sold 13 Stores!

There is a use for Sears real estate that were stores not so very long ago! Since Sears stores obviously won't have much a future without delivery trucks, or inventory, or members, it's good to know that these valuable properties will be put to good... — read more 

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| 1143 views | | 4 replies (last December 1, 2018)
Post ID: @OP+WpfTE4C

Eddie hasn’t turned a profit in 8 years!!

I’m truly worried about Eddie and his thinking that he can show the courts he can transform a company in a few short months, when in reality, he hasn’t shown a profit for 8 years. His ability to drive a business into the ground however is very good... — read more 

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| 742 views | | 3 replies (last December 1, 2018)
Post ID: @OP+Wp9qyoA

The typical SEARS member experience

@searscares the only cashier accepting clothing purchases the line doesn't move. The others are empty with employees having fun, and don't take my purchase. This is clearly intentional. I hope the bankruptcy court sees that. Your management at the... — read more 

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| 1491 views | | 7 replies (last December 1, 2018)
Post ID: @OP+WoFMVOP

The war of hedge funds

If there is anybody who doubts it at this point, this is definite proof that money is the only factor that is relevant and that, the workers, tradition, the brand, or any values for that matter, don’t mean anything to them. This article paints a good... — read more 

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| 496 views | | no replies yet
Post ID: @OP+WoBqNvP

Total liquidition is low key happening

Shutting down 700 stores takes awhile. Eddie is just trying to drive the hardest bargain. He found Great American who was ready to go, and then he found someone who would get him even more money. He's asking around for the best price. Vendors stopped... — read more 

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| 973 views | | 2 replies (last November 30, 2018)
Post ID: @OP+Woovkyj

Sears plans to sell 13 stores to Amerco Real Estate for $62M

•Sears Holdings (OTCPK:SHLDQ) plans to sell 13 stores to Amerco (NASDAQ:UHAL) Real Estate for $62M, according to a court filing. •Twelve locations are or were operated as Kmart stores, and one current Sears site; three of the stores are closed and... — read more 

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| 1195 views | | no replies yet
Post ID: @OP+WoFQH2S

BEST VIDEO OF WHAT'S GOING ON!

I'm a current Manager at a so called "Safe Sears Store" and it breaks my heart everyday seeing my colleagues and associates giving 110% everyday for these crooks! This video should make anyone that's sticking around busting their butts "sick" to... — read more 

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| 1604 views | | 8 replies (last December 1, 2018)
Post ID: @OP+WokvYZ9

The Last 30 Days.....

So, this is what the media/government calls a "Booming, Best Ever Economy in America!" Layoffs ONLY IN THE LAST 30 DAYS, and for every layoff reported publicly, at least 10 happen quietly or without media attention. Major layoffs have been going on... — read more 

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| 1503 views | | 10 replies (last November 30, 2018)
Post ID: @OP+Wo9QtNE

Unsecured creditors want Chapter 7

What's going on here is that the unsecured creditors want Chapter 7, because the cash to be gotten from a total liquidation will be more than what Eddie will have to pay for the stores. They will be more whole from an immediate liquidation. Eddie... — read more 

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| 770 views | | 2 replies (last December 3, 2018)
Post ID: @OP+WnPYZfy

Can any confirm 100% if on Thanksgiving if you worked

Do we get time and a half or the extra $2.00 per hour? I asked our payroll person again yesterday and I was told we only get $2.00 an hour extra I had previously ask on this board and someone said we get time and a half.. Does anyone have the factual... — read more 

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| 900 views | | 6 replies (last November 30, 2018)
Post ID: @OP+Wnwx4QG

Friday is the Last Day for Our SYW Call Center

Tomorrow is our last day for our Shop Your Way call center. Dozens have already left as they temporarily and gradually forward more and more of these calls to Sears/Kmart customer service call centers. We've already been telling members to use online... — read more 

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| 2341 views | | 15 replies (last December 2, 2018)
Post ID: @OP+Wn5Dw5j

Sears Concord, Ca

Sears dentist is Concord, CA closed his doors yesterday because he hadn’t been getting paid by Sears in weeks.

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| 970 views | | 10 replies (last December 2, 2018)
Post ID: @OP+Wn1YM6y

What's the point?

I don't get it. Why would Sears get yet another loan approved to continue through holidays when it is obvious to everybody and their mother that that's just postponing the inevitable by a few weeks?... — read more 

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| 923 views | | 6 replies (last November 30, 2018)
Post ID: @OP+WnmrHdS

Call Center lay-off

Bridgeview call center was quietly closed Tuesday. One of 4 call centers that sell Coverage for appliances. Sears has a new agreement with Assurant to back agreements being sold. Call centers have not been able to sell agreements since early... — read more 

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| 760 views | | 2 replies (last November 30, 2018)
Post ID: @OP+WnNfZ2J

Three stores in Louisiana are going to be auctioned off

I see that people are reporting which stores are being auctioned off, according to the ch 11 filing so I wanted to post this. The article reports that three Louisiana stores among the 505 that are put up for auction, more precisely the Sears stores... — read more 

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| 761 views | | 2 replies (last November 29, 2018)
Post ID: @OP+WmDcJrh

No closings during the sale?

Am I getting this right: there will be no closings while the 500-something Sears stores are up for sale? But after that it's anybody's guess?

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| 1010 views | | 3 replies (last November 28, 2018)
Post ID: @OP+WmKepvH

Let's not show up to work December 1st.

Let's all not show up to work December 1st. Why are top executives giving themselves bonuses aren't they the one that destroyed Sears and sold off their assets. While associates working in the store are being over worked with no recognition or any... — read more 

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| 848 views | | 7 replies (last November 29, 2018)
Post ID: @OP+WmmGYll

Chapter 7 is looking more and more likely

Black Friday was a disaster, and the holiday season is looking worse. Toys R Us had access to over 3 billion in DIP financing, but ultimately all it is is a loan, and if the lenders aren't comfortable, they can close that line of credit at any time... — read more 

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| 1600 views | | 13 replies (last November 29, 2018)
Post ID: @OP+WmoxzsI

Site called nakedcapitalism

Go to this site, look at top of page for articles check for archives dated nov 22 there is one there on Sears it explains the whole endgame.

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| 1010 views | | 8 replies (last November 29, 2018)
Post ID: @OP+WlkSkss

The vending machine owners

Came and took out our last 2 vending machines... one snack and one beverage.. not good

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| 1115 views | | 9 replies (last November 28, 2018)
Post ID: @OP+Wl6vjCW

To all A&E service techs

Drivers alert Inc. or “How’s my driving” has filed an unsecure creditor claim against sears. Feel free to drive like id--ts.

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| 959 views | | 7 replies (last December 3, 2018)
Post ID: @OP+WlLFXep

4 Hawian Sears stores are up for sale

It has been reported that Sears announced that the 4 stores that it owns in Hawai are being auctioned. The four Hawaii stores up for sale include its locations at Pearlridge Center, Windward Mall, Prince Kuhio Plaza in Hilo and an appliance store at... — read more 

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| 610 views | | 3 replies (last November 27, 2018)
Post ID: @OP+WlL4CYV

Layoffs

If I get laid off, can I look for another job or is it best to just wait by the phone hoping to get called back to Sears???

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| 917 views | | 9 replies (last December 4, 2018)
Post ID: @OP+WlkB0bs

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