Looks like Eddie is picking the bones clean! https://www.marketwatch.com/story/sears-ceos-hedge-fund-offers-to-buy-kenmore-brand-for-400-million-2018-08-14
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Topics regarding layoffs at Sears
Sears has already picked the low hanging fruit by closing stores. What has to happen next is to begin shutting down distribution centers, like RRC, DDC, MDO, TDC , RSC, etc... I think Sears probably has over 100 warehouses for a store count maybe... read more
By November store account appears to about 769 - 409 Sears - 360 Kmart.
Considering that we are cutting back in every conceivable (and a few not so conceivable) ways, how come that there are so many job postings available for Sears right now? I don't mean just a few, simple Google search pops up dozens if not hundreds of... read more
What is there to discuss in a town hall this week?
I remember on these boards when we were shocked at the stock falling below $9 now it’s heading quickly to below $1. Remember last year when fast Eddie was providing his loans every few months? Where are theses sums now? The cash reserves are all... read more
Is it just me or has it been a while since we've heard about another store closing? I think it has been at least a few weeks. How sad is it that I'm so used to hearing a new store would be closing minimum once a week, that having a few weeks without... read more
First signage I’ve seen in awhile that’s rather nice I think they are overhead signs
I think that the release date will be August 30, 2018 because it has historically been released on the last Thursday of the month.
I think we all know thursdays are bad days to have a dgm visit, but my SGM got a text from our dgm about him coming to visit next Thursday. What are the chances this is a regular visit vs a “s---s to be you” your store is closing?
He's incapable of a profit in real estate in a seller's market....LOLZ!!! http://www.chicagobusiness.com/residential-real-estate/former-potbelly-sears-ceo-sells-lake-forest-mansion
We are listening, we want to know how the company treats you, we want to know what you think the problems are, we want to know what you think is good, what can get better, what needs to be eliminated. We have seen pictures of operating stores with... read more
"Make fewer do more with less!" At least that's what it seems to be the current motto, considering all the things they expect us to do WITHOUT any overtime, of course. Five people are doing the work of twenty at this point at my store. Nobody can... read more
Can anyone that has been laid off advise on how long its takes our sh--ty former employer to advise on options and cost for COBRA? They are full of paperwork for things you don't need and tight-lipped and pull a disappearing act on information you... read more
You may be receiving a letter to verify spousal or domestic partner benefit. Check email or postal mail over the next few weeks. You have to fax a 1040 (first page) or bank statement that shows both names for the same address. Black out SSN and other... read more
Has anyone received Christmas trees yet?
On the report there are only div 6,9,71 and if you complete at least 50% of the number of OOS in each div you get credit.. the goal being 100% Couple of years ago doc 8 & 96, 29 40 & 49 was on this report then dropped Now I’ve learned that the... read more
Shop Your Way will survive, it's growing and profitable!
Sears Auto Center in Metairie, LA is closing and will be shut down by August 24th.
Come on people!!! We must ALL do our part to ensure ESL is able to air condition the "Fountainhead".....His ONE HUNDRED THIRTY MILLION DOLLAR YACHT. You don't need fans, coffee makers, or air conditioned stores when our dear CEO is forced to... read more
We had a pedestal fan in the corner of our appliance department. The CAC had a pair of clip on fans. The hub office had a couple fans and the backroom had a box fan. Then came the energy audit and all the fans were taken away and thrown in the... read more
I walked into a GOB store from the mall yesterday and it immediately felt much warmer and much more humid. The place was like a sweat box. Is this a one off? Is it like this in normal stores or just GOB?
Month end and we have to do action plans for every line we were down in, every metric and low Member feedback response rate. What's the sense anymore? Sales declines are not due to lack of efficiency in stores but due to a much higher level. No one... read more
I am curious if this could be the end of our store. I was hearing around that the DM was coming to the store on Sunday (which makes no sense since its on a weekend) and today the GM said that the DM was suppose to come tomorrow on inventory. I am... read more
I can't wait to see all the scum bag, lying managers and DMs lose their jobs. And it's happening SOON!!!!
I heard rumors on this site that some were coming this month, wanted to see if anyone had specifics so I could be prepared with my bags packed. Thank you
I thought when they took our discount away and merged some number on our 88sears that’s all we had to do to get e tra points instead of the discount we were getting and we no longer needed our assiciate discount card Anyone else get one today?
SM's got an email, there will be a conference call on 8-8. Supposedly all salaried ASM's will be made timecard at Sears stores.
That Sears isn't going anywhere. We are just in a restructuring process. My store manager said so.
Why create a new smaller Sears if BK is happening in 2018? Clearview Shopping Center owners buy Sears property, plan renovations, new buildings The owners of the Clearview Shopping Center have bought the adjoining 14-acre property that includes the... read more
Sears Franchise Owners Get Caught in Retailer’s Woes https://www.wsj.com/articles/sears-franchise-owners-get-caught-in-retailers-woes-1533211201
I was surprised the Chillicothe Kmart still had a Little Caesars operating inside it at the time of this week's announcement of upcoming liquidation. Are there any other Kmarts will Little Caesars (or other restaurants - Nathan's?) still open and... read more
https://www.chillicothegazette.com/story/news/2018/08/02/chillicothe-kmart-store-closing/878621002/ CHILLICOTHE - Signs affixed to each of the entrance doors at the Chillicothe Kmart store Wednesday informed customers that no new layaway contracts... read more
I just find out that one of my co-workers in my department has been receiving full-time hours without being actually full time. All along we believed that was the reason he was getting guaranteed 32 hours while the rest were in the 15-20 range... read more
Just got the mail that the wellness center is closing this month. The gym is now going to be free and unstaffed. Certainly feels like the end is near.
We just received a pallet of trim shop....
No HA Roadshows this year? That's more telling than anything that everything is sunk. The vendors paid for those roadshows. No more I guess. Anyone have any intel on what happened?
We are back up $ .01 today