Sad
22 replies (most recent on top)
So I've seen meetings for tomorrow in Kmart(Northeast, Southwest and I'm in Chicago) and Sears is having meetings too? Is this correct?
Sears stores will reopen, although under the new name of "Fast Eddie's Neurosurgery and Bait Shop."
This is confirmed. Scary how accurate this site can be
No. These are USA stores being announced as closing today.
Maybe this just refers to Canada closing? that's quite a wave....
Lets not forget Sears was in trouble long before a newly out-of-bankruptcy Kmart bought them. It was a marriage made in hell in the only shocking part is that it survived this long.
To the pissed off shareholder, if the stores were kept up and reinvested back in like most normal owners of companies do, this wouldn't be happening. If you are so mad take your stock and put it elsewhere because guess what, you're going to get screwed too.
Only 200 stores will close by then. You have a better chance of being relocated to another Sears as is happening to the hard working employees at my store. Sure 200 is a lot in terms of those employees and 200 is a big number to count to but in terms of the stores has nationwide, that 200 is chump change. However, it will save the company billions in the long run.
That is all
I quit sears in 2015 because of how bad it was getting . Anybody still working there now gets what they deserve quite honestly.
if true, this plays into my target model of sacrificing kmart to save Sears stores
@qge, I do not know if your in Canada or the USA. I hope you rot in H_E_L_L for that remark. That was improper and very unprofessional.
its sad to see it happen but not surprising
I hope it's at least 500 stores I feel bad for the employees but it's for there own good anyway
Ouch,is Sears Canada going to restructure or will they completely liqudate like Target Canada?
do not have this list yet but a new list of closing stores will be rolled out, it will semi hidden in the news due to sears canada also filing for bankruptcy tommorow
Yes it's true. It should manipulate the stock back upwards after today's decline.
Don't worry, its going to be all right. Eddies gonna fix everything and reopen all stores.
Who are you that you know this
rumors on this board have been pretty good so far.
I predict another 65-70 with the predominance being KMarts... closing in October
Can you give more details OP like how many stores and where exactly?
Are you certain?