Just a running total, since the Q1 10Q Kmarts Sears Total Apr 29, 2017 624 651 1275 May closings 18 12 June 6 announce 49 17 By Sept 2017 557 622 1179
The way this company is handling layoffs is awful.
I find it appalling that i found out today on the internet that I will be losing my job in Sept before I was notified or told anything by my job. What horrible greedy leadership. What decent employee not on drugs with more than a 7th grade education... — read more
72 Kmart and Sears Stores Closing in July/Sept - Grouped by State
https://www.TheStoreClosing.com/t/gkXk2WBF
New list
The following Sears Full-Line store locations will be closing in September 2017: 1150 in Columbus, OH 1261 in Midwest City, OK 1310 in Elyria, OH 1370 in Columbus, OH 1445 in Richmond, VA 1525 in Columbia, SC 2048 in Chico, CA 2152 in Minot, ND 2220... — read more
More store closures announced
More closures announced today 2 in California for sure. They told everyone this morning
I can't leave and working at corporate is destroying me, any advice on how to stay mentally healthy?
I work in the OBU at corproate (online team) my HR connection told me our team has the highest 12 month turnover/attrition in the company (50%, meaning half the team left in the last 12 months) with the bullying, lack of leaders I can understand why... — read more
Is this the endgame ?
It seems the theories that some on this board have had may be correct. This is an interesting article about how Eddie Lampert is set to leave with major assets. https://seekingalpha.com/article/4078706-never-ending-sears-story
AP Managers
The area AP managers are a joke. Ours is from KMart, and is completely clueless when it comes to Sears. Watching him try to prepare our store for inventory is sort of hilarious. We are also supposed to let him know whenever we see theft happening. I... — read more
I know that that ts been awhile since I have posted an update here but figured that the time is right to do so again!
SHLD Stock Price Update for June 05, 2017 Start of trading day: $7.13 End of trading day: $6.78 Market Cap: 693.55 Million
New round of store closings tomorrow?
Our market team was visiting today and I eavesdropped on them outside smoking and I heard them say a new group of store closings would be announced tomorrow. Anybody else heard the same thing? I'm in the Northeast.
Inventory Tags
I stopped into Sears today and noticed RGIS Inventory tags throughout. What's that about?
Smart Enough
I wish everyone was smart enough to walk out and stop letting Eddie become more wealthy off of selling all assets out from under you and your pending layoffs approach.... and trust that you will be laid off, i think i must have read on this site a... — read more
new marketing strategies at certain Sears stores starting on June 4,2017
How many associates are in the test stores for the new percentage off only marketing strategies starting on June 4th through June 24th in which each department will be a certain percentage off instead of individual sale prices? For example hardware... — read more
newport mall - newport/jersey city, new jersey.
anyone know what the story is with this store- it is owned by the company or leased- also it seems well stocked but no one seems to be in the store just a handful of bored employees hanging around- is it profitable?
Anyone getting mystery calls from higher up asking how you are doing in PAs or credit?
It used to be that managers were the ones to field phone calls about metrics. They want to know where you and your store is at in PAs, credit, Shop Your Way, KYM. Now they are specifically wanting to speak with sales associates to grill them on... — read more
FFS Position Eliminated Companywide
No more FFS in a few weeks. About 50 people impacted.
I actually had my best day yet.
On Memorial day I sold all kinds of lawn equipment to people and 90 percent bought a MA! I sold a riding mower to a veteran who was tired of pushing to cut the grass, I told him he deserved a riding mower after his sacrifices. I cant think of a... — read more
Closing manager walked out on us right before close last night
I worked a closing shift last night along with five other associates and the softlines ASM. Around the last hour and a half before we close, the closing manager is supposed to go around checking to see if we need register replenishments or cash... — read more
Credit Card Breach at Kmart Stores. Again
The transformation continues: https://krebsonsecurity.com/2017/05/credit-card-breach-at-kmart-stores-again/
My store closing?
My co worker told me today that she saw some papers in one of the managers desk saying something about store closing. Also overheard her on the phone about it. Could this be for real or is this just like a threat (get the sales up or your store will... — read more
Brace yourselves... IBO changes are coming
Sorry to all of those affected.
Sears best job Ive had outside of the company
Theres money being made in the Home Improvement Sector considering my whopping 250%bonus of over 8 grand for 3 months of work plus my base of 60k a year
Sears pulls plug on RCA
Don't expect to see any more RCA televisions at Sears or Kmart. The company is no longer dealing with RCA's licensed manufacturer. Kmart will instead be selling Poloroid branded televisions as a budget friendly option. The company continues to sell... — read more
Sears Memorial on Memorial Day
I remember being excited to have a job with Sears Holdings and then i found out how much their starting pay was. You having work experience for the position you applied for means nothing. Minimum wage it is. The first few days were the dumbest hours... — read more
Sales numbers are awful so far this holiday weekend.
And I know it wasn't just my store. I looked at the Sales Flash app for various places around the country. The worst, by far, Memorial Day Saturday and Sunday in all my years at Sears now has me believing the doomsday prophets on here.
The Kenmore/BBQ Pro grills are TERRIBLE!
They are so flimsy it's not even funny. Cheap crap is a problem at every store but not every store marks it higher than it is really worth. We brought out some grills for an outdoor sale all this week. The grills flexed and wobbled, even some of the... — read more
Would you recommend. Sears corporate as a good place to work?
It's looking I will get a job there but I'm not so sure after reading this forum. What do you think? Thank you
Wanted - Analytics, Digital, Marketing CMO.
Don't understand how a department CMO can lead 50 people and not be seen and heard by anyone in his department for over a year. I don't work on the team but work closely with and see them taking advantage of situation and slacking. I thought these... — read more
Sears sells Bethesda + 2 others in 105mm package deal
http://www.bethesdamagazine.com/Bethesda-Beat/2017/Westfield-Buys-Sears-Store-in-Its-Bethesda-Mall/ The Washington Business Journal, which first wrote about the sale, reported the Bethesda store location was sold for $73.5 million. The other two... — read more
Associates Discount
How is the associates discount working for the sales at Sears? Has there been a profit for the company, with the new associates discount. I would like it if they go back to the old way.
Did Anyone Get a Raise Today?
Was it just me or was today just business as usual working for a piece of feces company that still has a No Pay Increase Policy.
Sears Roulette
Everyday you wake hoping that they don't tell you that your store is closing. You read the news and all Sears does is try to spend some negative into a positive. When you call them out on their BS you're bad mouthing the company,when you're just... — read more
Store Closing exercise
From annual 10-K filings beginning 2005 to 2016 - excludes Grand, Essentials and Independently owned stores -- closing percentages calculated on 5 yr and 12 yr time frames - does NOT include the 2017 closings ( the numbers ain't gonna get any better... — read more
A profit is still a loss
They spin things saying the company made a profit. When the sale is the only reason they are showing a profit. Sales are down,they're closing more stores, money is still owed by July 7th, and a transformation that has yet to materialize. Things are... — read more
Pension
How long will it take for MetLife to buy the pension from Sears? I will be taking all of my pension in July.
SHC Cash Burn Continues Unabated
https://www.thestreet.com/story/14150662/1/sears-needs-a-whole-lot-of-cash-and-it-needs-it-very-quickly.html
Store Count!?!
Looking at today's press release I don't think anyone has paid much attention to the incredibly shrinking store portfolio... KMart went from 896 to 624 in one year! 30% of the store count GONE. Many more quiet closings than I even thought... 18... — read more
Sears just surprised Wall Street with a narrower-than-expected loss; shares jump 25%
http://www.cnbc.com/2017/05/25/sears-reports-first-quarter-earnings.html