Topics regarding layoffs at Sears Hometown & Outlet Stores Inc.

Topics regarding layoffs at Sears Hometown & Outlet Stores Inc.

Just spreading the word

I know an ex Sears hometown district manager and he pretty much told me he had to quit because of the pressure from upper management telling him to lie to the hometown owners about all the vendor and supply issues....he told me he was told to say... —  read more 

| 2005 views | | 2 replies (last February 9, 2020)
Post ID:  @OP+11qBZqVo

Why Somerville Kmart Closed

Federal Realty Investment Trust FRT recently announced acquisition of the Kmart lease at Assembly Square Marketplace in Somerville, MA, for $14.5 million. The move comes as part of the company‚Äôs efforts to gain control and capitalize on future... —  read more 

| 1043 views | | 2 replies (last December 3, 2019)
Post ID:  @OP+10Yql4Fr

Franchisee model was mismanaged

What I never understood why this format has been very unprofitable for SHOS. Profit margins at similar hardware sectors are usually 30-40%. I know the investment of inventory is high and the product turns are slow but some locations were very... —  read more 

| 1444 views | | 1 reply (May 15, 2019)
Post ID:  @OP+Z4du7sM

Bedford Sears Hometown is closing

Looks like we are not going to be spared in the Sears downfall. This might be only one store, but it is probably just the beginning. I'm starting to think that anything with Sears name attached to it is cursed. Maybe we should have changed our name... —  read more 

| 1353 views | | 1 reply (May 1, 2019)
Post ID:  @OP+Wsjk1mL

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