My store was scheduled for inventory this week and it was suddenly moved to October!
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@URLeiVv-1csj It's all in the real estate. If your store's property is owned by the company and the location has appeal to potential buyers, your store will close whether it's doing well or not. Stores that are losing money will be the last to close if the real estate cannot be sold. Backwards, isn't it? Kinda like how a tornado will obliterate a nice brick home but will leave intact a dilapidated barn in the middle of a field.
I worked in a store similar to yours and it consistently lost $$ hand over fist including bad shrink, yet it stuck around while the better performing stores were closed.
If a store is leased, it could go either way, though it has been reported that good-performing stores occupying leased properties were closed if the lease was coming up for renewal.
Your store will be closing. I’m terribly sorry.
The reason for all the changes is because Sears will be filing Bankruptcy.
We had ours the second week of August and we apparently were down 250k in losses. Apparently the biggest loss in many years. We didn't close yet despite our sale are way down.
Your store will be anounced here shortly better prepare your team
The 9/5 HE townhall got moved to October as well.
How does it feel to be unemployed