Have just been informed Sears HI will now be hourly, just in time for the best sales of the year are coming . Commissions will be gone!!!!!! This is horrible for sears to do to the employees, makes me sick knowing what is happening, the ceiling is... read more
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Topics regarding layoffs at Sears
If the brick and mortor mall stores close what will become of all the SEARS Auto centers? SEARS still to this day has the best price and variety on Goodyear, Michelin, Uniroyal, and Cooper tires anywhere. I still shop at SEARS Auto for tires... read more
When Sears (likely) files for bankruptcy, will it be Chapter 11 or Chapter 7? Either way, Lampert will make out well as he's the primary lienholder. Also, would this be the biggest retail bankruptcy of all time in the US?
Source Below... Kramer on Retail (yeah, I know, he's a jackass and annoying but people listen to him and he's a self proclaimed 'retail guru'): "Mad Money" host Jim Cramer tapped into his nostalgia for brick-and-mortar retail after earnings from... read more
Not sure how it’s been going for you guys but the blowout has blown out all of our stock on certain items. For example Nextec batteries, we finally started getting them in again and they are wiped out. And from what I can tell we won’t be getting... read more
Since the shopping season has arrived and now we get rediculous schedules I was wondering, there are some that do take the bus to work and Home so... Will there be security for these employees waiting for the bus when their shift ends at 1AM, or in... read more
Hello all! Without going into too many details, this is my last week as a salesperson at a Sears store after 3 years. I found a job in the field I was studying and wasn't sticking around to find out what was going to happen to this company. For those... read more
Show up bright eyed and bushy tailed for your long shifts between a couple of hours sleep!
Have you looked at this book? Why publish a glorified ad with full prices in bolder print! Oh well... I guess you just use as a reference book! What a waste of money
closing our sears store and we are entire district is only at 67% to last year , I score that as a failure , even with the huge BLOW OUT sale we s---ed as a company... let the liquidation push on and just file the BK and get it over with EDDIE.
I’m dreading it! The constant sign changes is mind boggling and painful 😩 I heard Wednesday there is a morning and afternoon ad? Ugh...is that true? The hours are brutal Thursday & Friday- is everyone happy with your shift ? But the one thing I do... read more
Management either lied and said they DID hire seasonal help Or Seasonal help quickly figured out that Sears is not where they want to work without any kind of employee discount Did your store get a lot of seasonal help? If they hired enough to begin... read more
Eddie, I’m tired of your repeated replies on this board about “moving on” and “getting over it”. I also resent your implications that we are “lazy employees “. I think it’s time you man up and accept the responsibility of what you’ve done to this... read more
Back in 2002, K-Mart went bankrupt and was at Caa3 shortly before they went bankrupt (The day they went bankrupt they were downgraded to C which stands for default). They also had their ratings downgraded twice in a very short period of time. Sears... read more
Supposedly it is in place for shrink purposes. I don't see how. Levis are stll being stolen, even with the ink tags on them. Ink tag removers are $10 on eBay. AP knows this but hasn't done anything about it (and not just for Levi's, but for the whole... read more
No stairs in store and escalators don’t work. How are people supposed to shop at the busiest time of year if they can’t even get from 1st floor to 2nd floor without having to go into mall. Fix your stuff Sears and get with it.
I did not work the 2 days all the Blowout signs were put up.. just curious I heard Wednesday a new ad starts Going to be interesting to see how many signs we get since current ones have been up since Oct 18th or 19th
*12/28/2005 Rating was Ba1 *03/23/2009 Rating was downgraded to Ba2 *07/18/2011 Rating was downgraded to Ba3 *12/05/2011 Rating was downgraded to B1 *01/04/2012 Rating was downgraded to B3 *01/10/2014 Rating was downgraded to Caa1 *01/20/2017 Rating... read more
two major merchandising mistakes at SEARS during my ten year tenure One: Eliminating paint. Out store was one of the leading paint stores in the surrounding towns until it was pulled from the retail stores. Many repeat customers, paint mixing and... read more
I read about sears being in difficulty, is shop your way.com safe? the people interviewing me said they were seperate and would be safe. don’t want to work somewhere going bankrupt. any opinions, tips?
Sears and Kmart no longer appear on shopping portals like mrrebates, ebates, etc... This isn't a good sign. I wonder who ended these partnerships.
For those who think Berkowitz and eddies loans are outrageous look at this, the Nordstrom family tried to take their company private and the best loan they could get is 13% , for Nordstrom’s. Think about that next time someone on here is claiming... read more
I heard rumors Sears is going to make a bid for Amazon with large investment from Warren Buffet. Eddie Lampert to become CEO of the combined company and Bezos will be head of the retail division. Future is looking bright, guys!
Some of you still haven't figured out this is much, much bigger than Sears. 2017 is going to easily surpass 2008 and 2009 as the year of the most retail bankruptcies and store closures. And for those buying into the "It's Amazon's fault" narrative... read more
We have received Weird volume of game tables such as Double Shoot 48” air hockey table 14 in 1 game tables Ping pong tables With modern technology today are people still buying this stuff
I am curious about this as I have a disability and work limited hours and am part time What do I ask for A Reasonable Accomidation? What would happen if store manager said “ oh I can’t do that” Thank you for any suggestions
I work in a Sears store and can't even order any kind of product from Samsung even online shows its not available , are they done also, any one noticed this ?
How are the other Sears stores doing for inventory or is it just my store. the last 6 trucks have been loaded with shoes, the stock room looks like the old days with shoes covering almost every shelf in the back room with the floor covered with... read more
Some of the big firms are Hilco Global, Gordon Brothers, Tiger Capital, and Great American Group. Does anyone know if it's one of those or someone else?
Say hello to a new 52wk low.
Now that Sears has reached an agreement to sell off/lease 140 stores which were earlier protected, does this give sears the freedom to file for BK? It's worthwhile trying to read between the lines regd this move. Could they have informed the pension... read more
Back in 2002, litterally a day after K-Mart was downgraded to Caa3, they were downgraded yet again to Ca!! Here are the headlines to prove my point: MOODY'S DOWNGRADES RATINGS OF KMART CORPORATION (SENIOR UNSECURED TO Caa3), RATING REMAINS ON REVIEW... read more
https://seekingalpha.com/article/4125032-tracking-bruce-berkowitzs-fairholme-portfolio-q3-2017-update This is Pop. Eddie and his goones are getting everything in place to drain every last cent out of the company that they can. Does anyone else think... read more
Does anyone know when the third quarter results come out?
What say you regarding the post about the remaining K-marts being closed shortly after the new year? Whether the post is accurate or not? It actually makes sense.
There are so many ridiculous things in this article, just hit after hit. http://www.mlive.com/business/index.ssf/2017/11/signs_the_struggle_is_real_at.html
SHLD is up over 6% in very heavy trading this morning bringing the stock up almost 30% off its recent lows!! So glad I took your guys advice and bought 5000 shares on Tuesday morning! Thanks to everyone on this board and here’s to another holiday... read more
Doesn’t sound good to me. Going to happen in January 2018. The leased store (in mall) is on the list of stores that were released from the ring fencing so eventually could be sold and proceeds go to the pension fund. The store they are moving to is a... read more
So if group one of the Met life pension adjustment took care of 50,000 pensions less than $150 a month ; And group two Met life pension annuity group was 20,000 pensions at less than $265 a month, what does that leave the pension liability at for the... read more