www.google.com/amp/s/amp.usatoday.com/amp/3473790002
Just liquidate everything all together and call it a day.
11 replies (most recent on top)
@YAViq1f-3mbh - pretty much anywhere but Sears is where you’ll earn more money and be more appreciated
@2anc Good for you. Where are you working now that you are appreciated?
Who do you think you are telling us to shut up! That we know nothing. Sycophants like you probably think that you are special just because you are still there. Well, the day will come soon when Eddie tosses you overboard too!
@vax congratulations on finding a brighter company to work for!
I got out too and it’s great! I don’t miss the ad set one bit after 12 years!
My new company pays more, management isn’t toxic no backstabbing and I am appreciated and all my co workers are so nice!
Wish I wd have made this move a long time ago!!
There ARE better opportunities out there!!
PLUS we have working equipment!!
Shut the fudge up about all this, all you people know NOTHING!!
Sad state of affairs for Sears and America when this type of abuse of power is allowed to continue. Reminds me of the old days of the 1900's. Total abuse of peoples lives for greed. There is a special place in heck for people like Eddie.
"Lampert offered to acquire the portion of SHOS he does not own for 21mil. But they rejected that proposal. In response to their impasse, Lampert ousted William Phelan and David Robbins and replaced them with Alberto Franco and John Tober. He also moved to impose a requirement that 90% of the 7 person board must vote to proceed with liquidation, and they must do so in 2 separate meetings at least 30 days apart.
So replace 2 people who would vote for liquidation and put in 2 people who would vote against liquidation so it won't meet the 90% requirement. And if it does meet the 90% requirement he'll have 30 days to find a way to prevent them from voting the same way again.
He’s just executing his power play to get hometown private. He wants to combine them so he can IPO the whole thing as a different company. It’s just a ploy. He’ll buy it at $2.50 a share or whatever it was then IPO the combine company at like $20 make a boatload of cash.
This article says Eddie and his new company would be in a better position to run these stores. He owned more than 50% of SHOS so wasn't he voting the board members in and out? And he and his minions were managing SHLD for 10+ years. That was a great strategic victory wasn't it. Reaching bankruptcy and snaking thousands of suppliers, associates and retirees.
He acts like its some other lowlife clowns who have brought these companies to the bottom of the pit and now, riding in on his white horse, he and only he can save everything. I think there are some mental issues running rampant on an island in South Miami.
I think the entire transformation is the greatest thing to have ever witnessed! Toiletfulls of good news every day from every corner of the Sears Empire, both old and new. And only a single, so-called human being to blame! God, its got to be wonderful to be Eddie!
I'm getting out! Just had an interview today and was asked for a final interview already. Yes the company will be much better and pay as well! Thank you everyone and good luck if you do decide to stay with a terminally diseased company. None of that matters anymore,
Peace