Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

The obsolete stock

Stuff warming the shelves is just money getting lost on a daily basis. You want your inventory turnover to be as high as possible so you can use the profits to invest it in more profit making activity. It's why Apple is Apple and Sears is Sears. As a... — read more 

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| 631 views | | 4 replies (last November 27, 2018)
Post ID: @OP+Wi7dDlm

Severance

Is anyone still getting severance?

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| 1121 views | | 9 replies (last November 25, 2018)
Post ID: @OP+WiFROAy

Docket 864 ... Simply stated

If the DIP ABL Facility and the Junior DIP financing are not approved, the Debtors will be forced to immediately liquidate at fire sale prices and tens of thousands of jobs will be lost. This is where Fast Eddie comes in and opens his fat wallet

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| 750 views | | 2 replies (last November 24, 2018)
Post ID: @OP+WiSoizT

Cyber Monday will save the day!!!

Any projections on how many web orders your store will get? Is cyber Monday just an e tension of Black Thursday Friday or are the deals even better?

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| 382 views | | no replies yet
Post ID: @OP+WiN5hCh

Sears is a ghost town

I just returned from a six-hour Black Friday mall tour at a large, busy and successful mall in Central Ohio. Took my niece shopping as a birthday gift, we were there from 3pm-9pm or so. Mall was packed to the gills, even that late on Black Friday... — read more 

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| 1090 views | | 7 replies (last November 25, 2018)
Post ID: @OP+Wig3cWQ

Sears: Complete Retail Fail

Average Inventory Processing Period of Different Retailers (how long does stuff stay in inventory) Apple: 12 days Amazon: 33 days Walmart: 43 days Costco: 55 days Best Buy: 60 days Target: 64 days Home Depot: 73 days Dollar Tree: 77 days Dollar... — read more 

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| 1440 views | | 12 replies (last November 27, 2018)
Post ID: @OP+WiVc1XE

Web orders may be "up" but it will not save the stores

This season's consumer behavior is demonstrating that, to an extent, consumers are willing to shop online at both formats (Sears and Kmart). However, consumers are demonstrating that they still prefer not to shop in the stores, which is a problem... — read more 

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| 850 views | | 5 replies (last November 24, 2018)
Post ID: @OP+WiWG14m

SHC Associates Share Their Holiday Spirit

Each year around this time at Sears Holdings’ Hoffman Estates, Illinois, headquarters, associates are invited to record a message for our hard-working store and field associates. This year, associates captured the spirit of the holidays through song... — read more 

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| 1111 views | | 7 replies (last November 24, 2018)
Post ID: @OP+WhnVXnp

Think about this

For every Billion Sears lost each year since 2012, Sertage made $500 MILLION in pure profit. Think Eddie cares about you? HAHAHA

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| 382 views | | no replies yet
Post ID: @OP+WhsOGzK

Sears ruined us

My husband is a 47 year Sears employee. He was retiring THIS MONTH. He was scheduled to receive his LUMP SUM pension. NO MORE. They pulled ALL unprocessed pension payouts. We were promised numerous times in writing that everything was fine. Now? $600... — read more 

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| 2420 views | | 11 replies (last November 25, 2018)
Post ID: @OP+Wh0mjEN

Sears is sleeping

https://twitter.com/sjhendrix06/status/1065549344479346688 hahaha

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| 562 views | | 2 replies (last November 24, 2018)
Post ID: @OP+WhnmswE

Sears Nashua,NH

Just left my shift and it’s very busy, lines 10 deep at every checkout.

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| 951 views | | 10 replies (last November 24, 2018)
Post ID: @OP+WhmIVBg

What happens to the sold store?

I'm sorry if this is a stupid question, but what happens to a store once it's been sold? What does it mean it's been put up for sale in the first place? Are we talking about the property itself being up for sale and the store closing once the sale... — read more 

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| 990 views | | 7 replies (last November 24, 2018)
Post ID: @OP+Whx3CAD

Word From the War Room

Any word if Sears continued the pathetic tradition of the "War Room"? You know.....that roomful of feckless executive in Hoffman that sit together on Thanksgiving to "resolve" Thanksgiving/ Black Friday issues live as they occur. The 8 years I manned... — read more 

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| 1071 views | | 4 replies (last November 23, 2018)
Post ID: @OP+Whkuhvt

Severance info?

They are paying severance to those who are full time in management and full time regular employees. Part time never did get severance and will not get severance now. Full time management positions will now get up to 10 weeks. One week for every year... — read more 

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| 690 views | | 3 replies (last November 24, 2018)
Post ID: @OP+WhLnj5i

Actually came near our goal

I'm actually shocked that we made enough sales on Thanksgiving to come within twenty percent of our goal. I'll be honest, I thought we would maybe hit the half mark but that's it. We'll see how today goes before I start celebrating, though. How did... — read more 

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| 790 views | | 8 replies (last November 23, 2018)
Post ID: @OP+WhEgfut

The sad truth

There was a time where Sears did pretty well on Thanksgiving/Black Friday, and it wasn't that long ago. For my specific store our last "good" Black Friday was in 2014 before CE began to get neglected and eventually phased out by corporate. Our store... — read more 

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| 441 views | | no replies yet
Post ID: @OP+Wh0E6G5

Why is Sears overcharging for Kmart merchandise?

Since last fall, I've noticed the declining quality of our store brand apparel. It's reached it's lowest point: for those not paying attention the vast majority of softlines products Sears sells are simply rebranded from Kmart. Some items have come... — read more 

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| 690 views | | 4 replies (last November 23, 2018)
Post ID: @OP+WhKj4uY

Apparently new Price Protection policy

I've talked to two support people over the .com chat today, and apparently there's a new price Protection policy: orders that have earned more than base points can't be adjusted. Ergo, associates in the points program can't do price adjustments, at... — read more 

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| 763 views | | no replies yet
Post ID: @OP+WhP9HGY

Nostalgia of BF past @ walmart

Store FULL of customers, Full of merchandise, all kinds of associates all over the store. Meanwhile sears is less than a mere shadow of a shadow of its former self

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| 570 views | | 3 replies (last November 23, 2018)
Post ID: @OP+Wh9OdRt

Today and Tomorrow, possible days of resurrection

If Sears/Kmart can pull in a billion or so in sales the next two days I predict a restoration to their former days of glory. As a former employee I can only watch from the sidelines, but be positive and make those sales. Smile at and be welcoming to... — read more 

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| 980 views | | 15 replies (last November 23, 2018)
Post ID: @OP+WgmImLx

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