Thread regarding Sears layoffs

Same old lies

The best possible outcome has now been realized for all stakeholders,'' Lampert said. "ESL looks forward to a new era at Sears and Kmart that builds on their proud histories, while finding new ways to innovate and grow to adapt to the forces transforming the retail industry.''

Eddie got what he wanted! No mention of the 45,000 employees just the stakeholders

Does anybody truly believe sears and Kmart can survive without customers, a lot of customers coming into the stores?

Our sears store is empty everyday!

Trucks are tiny with very little merchandise coming in

Tool Dept is not getting stuff so they just spread it out to fill in

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Post ID: @XAbWi17

9 replies (most recent on top)

@XAbWi17-1kdg Maybe I didn't make myself clear enough. You are the bagholders.

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Post ID: @XAbWi17-2dno

Find a better job.

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Post ID: @XAbWi17-2ccd

Dipsphit, he's wanted their property for how long now? Hel, he's wanted it the entire time he bought them out of bankruptcy after Conaway swindled their profits for himself. What did Kmart in was the crooked CEO's.

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Post ID: @XAbWi17-2viz

Bagholders

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Post ID: @XAbWi17-1kdg

100's of millions of dollars lined up, to be given away (sywr) and stolen (no AP). That will work... id--ts.

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Post ID: @XAbWi17-qtz

The USA Today article from last night states that no go-forward plan was ever discussed in court - basically the judge just took ESL's word that it'll fix Sears [this time]. Same senior leadership and programs will be kept in place as well. So I guess we just keep everything the same and expect a positive outcome this time because Eddie says so.

Last one out, hit the lights

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Post ID: @XAbWi17-grf

To be fair, that quote isn't complete. The full quote is: "The best possible outcome has now been realized for all stakeholders, including Sears’ many associates, Shop Your Way members, vendors and other partners." So the very first group of stakeholders he mentions is actually the associates. Stakeholders doesn't only mean common shareholders...and in fact, common shareholders are likely to be wiped out completely.

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Post ID: @XAbWi17-ybs

Where were these “hundreds of millions of dollars” pre-bankruptcy? Or 2017? 2016? 2015? 2014? 2013? 2012? 2011?...

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Post ID: @XAbWi17-fuo

There’s going to be plenty to restock soon enough. He has hundreds of millions of dollars lined up for it.

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Post ID: @XAbWi17-uei

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