Stock buybacks and shop your way killed Sears and Kmart.
And the gems who ran SYW and forced it on the company even after they saw the data that it had negative ROI should be ashamed.
Points aren't free no matter what Leena says.
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The SYW rewards program was a train wreck. No one could understand it or use it. And if per chance, they did, their “reward pints” expired so quiclkly, they couldn’t use them. The corporate even offered seminars on how to to use it! If they couldn’t understand it, how could customers??
I heard a rumor from different customers that expired points paid eddie somehow. ???? Anone from the team know about the actual supporting cash flows and how it actually worked? Were earned points paid by a fund or the selling store and what about "extras"
I just made VIP TurdBrown! God! I love this place.
@W9iLVB0-1jie I just made VIP platinum, no kidding. Now I don't feel so special anymore. LOL!!
SYWR a disaster on many levels.
And CITI Bank paid SHC 400 Million earlier this year to service the cards. Bet they would like their money back!
That's delusional. Sears sold the credit card division to Citigroup in 2003, before Eddie even got involved.
Citi owns the credit card pay attention
The fact 90% of the SYW workforce got the axe today tells you something about the future of SYW. Skeleton crew left to turn the lights out and lock he doors
SYWR is worth a minimum of $2Billion. Remember sywr owns the credit card. Start paying attention guys, lots of money to be made here.
I just made VIP gold and now the program is ending?
If SYW was truly worth a billion dollars it would have been sold off long ago.
What purpose would SYW serve when SHLD is being liquidated?
NONE!
I saw an article in the media today that said it was worth at least a billion dollars. Of course they are relying on the Eddie/Leena PR BS and not the actual data (which I have seen btw).
SYW has NEVER worked as intended, but Eddie had NOTHING else to sell to Wall Street at press conference time. It's all a scam.
What purpose would SYW serve when SHLD is being liquidated?
Is SYW ending?