https://www.reuters.com/article/us-sears-bankruptcy-code/sears-faces-tough-foe-an-unforgiving-bankruptcy-code-idUSKCN1MQ1G6 Another good read. Couple points that stuck out big time. In the short window allowed for renegotiating leases, landlords may... — read more 

I read some of the filings. CFO stated the cash burn is only $125 million per month. That's what happens when you drink the cool-aid and forget that (intentionally) cash flow factors in new loans each quarter in his own financials! New debt does not... — read more 

So are associates that are effected now and going forward just out of luck for severance pay due to bankruptcy?

Seriously people, even the biggest of optimists know by know that it's over - done done done! I can understand people staying before hoping for severance but that's gone! No more severance! No more anything here! Just pack your bag and move on. Don't... — read more 

Is Sears still going to hire people for the holiday season in the remaining stores? It seams that the only reason a number of stores are remaining open is to grab as much money out of shoppers for Thanksgiving and Christmas, in which case I'd assume... — read more 

How are people outside of stores being affected by this? I know what will happen if Chapter 7 is announced, but what about now? I haven't seen any layoffs mentioned as of yet. Isn't that one more way to immediately save money in addition to closing... — read more 

Still people posting nonsensical stuff about how this isn't the end. These people are peddling false hope and whoever listens to them will only harm themselves, for they will not make the changes and do what's necessary to take care of themselves... — read more 

Sears got it wrong when Alan Lacy sold off the very profitable Sears credit dept and outsourced it to a 3rd party. That allowed Eddie Lampert to buy the company and that started the dominoes to fall. Alan Lacy also over paid for Land's End and then... — read more 

Hedge fund owner self appointed CEO of Sears has made billions while bringing the company down.

As a former long term manager who was smart enough to leave before the wheels came off I have to be honest, Sears has been a sh-- show for years! Eddie or Leena or Eric Stecko or whoever were so completely incompetent in every way possible! I blame... — read more 

When you mine those bankruptcy documents, you can unearth absolute treasures that trash the PR nonsense that we've had to endure for years under the Great Transformation. Shop Your Way Rewards is a shocking failure. The company admits as of today... — read more 

Sears has proposed having its Chapter 11 reorganization plan filed by late December and confirmed in March 2019. One critical date is Nov. 15, when it plans to make a decision about its so-called "bubble stores" that are being reviewed to see if the... — read more 

ZERO balance when I checked today. Yesterday I had about $3. It's what I suspected and expected. NOTE: I left the company three years ago, but still would buy things once in a while to support my friends who remain.

Maybe Sears should start buying up tickets?

Upon the earth we dance not long, but when we rest remains our song.

Apparently, seeing your store on the closing list and the sudden realization that you won't be able to make your mortgage/rent payment in a month from now has a dampening effect on enthusiasm for Sears' survival. Funny thing is reality, especially... — read more 

The President of the United States affirms the shameful incompetence of Eddie and his underlings. "Sears has been dying for many years," Trump said. "It’s been, obviously, improperly run for many years, and it’s a shame."... — read more 

Sale 142 stores closing , Eddie cant bid if CEO on assets , so he steps aside , forgives debt on some items on his shopping list , gets Kenmore , home services , smaller format can only hold appliances , mattresses , craftsman , everything else is... — read more 

Here is the list of the 142 stores that are closing as a result of the chapter 11 bankruptcy: Sears store closing list: 142 more Sears, Kmart locations closing in Chapter 11 bankruptcy: Kmart Arkansas 2821 East Main St Russellville, AR 72801-9801... — read more 

Why are they closing this store? It's a town of 4000 people with the nearest Walmart an hour away and no other discount/department stores! This store should be the ideal place for Kmart to make huge profits. They never stock it good, maybe if they... — read more 

Sears has until December 15th to find a buyer or they will be forced to liquidate. Now obviously, if there was a buyer to be found they would've shown up by now, and with Eddie having sold off all the valuable assets, leaving behind an empty... — read more 

And will the judge see through the increased rents and force them to close?

Sears Protection Company is also named as a debtor in the BK... so if SHC converts to chapter 7 are all PAs null and void?

"The cases are pending before the Honorable Robert D. Drain, and the Company has requested joint administration of the cases under Case No. 18-23538." :-)

What was it like? Did you still have to push credit?

https://www.google.com/amp/s/seekingalpha.com/amp/article/4211713-expecting-sears-holdings-liquidate

How very simple life would be if there were only two of me... A restless me to drift and roam, a quiet me to stay at home, a searching one to find his fill, of varied skies and new found thrill, while sane and homely things are done, by the domestic... — read more 

Meet your new boss, Chief Restructuring Officer, Mohsin Meghji (M-III Partners)... si.wsj.net/public/resources/images/BN-ID192_0428Me_E_20150428122157.jpg

Chapter 11 is a tool used by companies like ours to protect the value of their businesses and operate as usual while they work to fix their business and address their liabilities. It is an orderly, proven process. Many prominent companies and brands... — read more 

Oct. 15 SHC paycheck has been showing as "In Process" all day on my bank's website. Anyone else notice this? Or have other employees' checks cleared?

The case filings will be found here. They will be amended daily by the prime clerk: https://restructuring.primeclerk.com/sears/

When did this become a "regurgitate the news" site? I can got to finance.yahoo.com to read sears getting trashed. Most of you need to go to ihatesears.com. Make this a layoff site and kill everything else.

Cannot ask anywhere else - maybe you can help here. Do you know what happens with warranties after the bankruptcy?

The sears in michigan closing are Lincoln Park and Briarwood Both are listed with Eddies Seritage Growth company What’s up with that?

...as of 1:15 pm. Who the heck is still trading that garbage? It's going to get de-listed any day now, and will be wiped out as part of the bankruptcy proceedings.

Heh. Both Sears' & KMart's websites have a big banner on top that reads "We're Open to Serve You." Pleading with customers to not write them off as dead.

What about home services and call center support staff??

GO FIND ANOTHER JOB !! The banks gave until Dec 15 to find a buyer or they must liquidate. The debt is to large and the store losses to great to cover it . Yes you may work in a store that makes a profit but there is not enough stores to make that... — read more 

From: Eddie Lampert, Chairman The Path Forward for Sears Holdings I am writing to give you an important update about Sears Holdings. As you know, over the last several years, we have worked hard to transform our business. While our plan is delivering... — read more 

I had three different members call the store this morning upset because they called Innovel for updates on their scheduled deliveries. Each was told that their items cannot be released from the warehouse/MDO’s right now because of the bankruptcy... — read more