Sears Hometown & Outlet Stores Inc. Layoffs

Topics regarding layoffs at Sears Hometown & Outlet Stores Inc.

Sears Hometown - DeKalb, IL

https://www.daily-chronicle.com/2020/03/30/sears-hometown-to-close-permanently-tentative-closing-date-is-may-1-interim-manager-says/a2pfvo8/

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Post ID: @OP+14farhFy

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 

Sears on Soto and Olympic, Los Angeles

Took a little trip to Sears in Central Los Angeles to check out some deals. Wow! The store now carries total off-brand merchandise. Stuff you'd find in Fallas Paredes or at the Fashion District a few miles away. My take is that its vendors no longer... —  read more 

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Post ID: @OP+11h8Y8MI

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 

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 

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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 

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Post ID: @OP+Wsjk1mL

What is the current store count?

Curious if anyone has the current store count including transition stores?

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Post ID: @OP+W8nEgmN

When are store level layoffs?

I keep hearing rumors of more layoffs at store level coming. Someone even said as soon as this Thursday. Anyone know anything on this?

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Post ID: @OP+P0620kv

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