Now that Eddie has publically said he has no intention of closing the Kmart stores unless they are not profitable ...everyone has gotten quiet.....I have been reading these boards for several months now....my husband is a Store Manager for Kmart and... — read more
Hurricane Matthew
I am trying to be funny about this, and I am sorry if this really happens to anyone's store. Employees are worth more than product. Eddie values product vs employees. I am thinking about this. Employees could be laid off by Mother Nature if hurricane... — read more
Lampert Says Kmart Is Fun to Shop, but at Penn Station, We Found Sadness.
https://www.thestreet.com/story/13840266/1/lampert-says-kmart-is-fun-to-shop-but-at-penn-station-we-found-sadness.html?puc=CNNMONEY&cm_ven=CNNMONEY
Is Kmart closing? Sears says no.
"Lampert wrote that the frequent reports about Kmart's demise are "false and exaggerated." He added that "there are no plans and there have never been any plans to close the Kmart format." But he conceded that some unprofitable Kmart stores will be... — read more
How do you find out if your store is on Path to Profitability (P2P)?
I've heard that P2P stores have one of the highest risks of closing. I have a feeling ours is on that list. How do you find out?
Sears Holdings (SHLD) Appears to be Accelerating Store Closures
It's no secret that Sears Holdings' (NASDAQ: SHLD) has been busy closing under-performing Kmart stores around the country for years. However, feedback being received by analysts at Detwiler Fenton suggests the number of closings is likely going to... — read more
Would Sears Bankruptcy Cost Tens of Thousands of Jobs?
The numbers are brutal. Sears Holdings Corp. (NASDAQ: SHLD), parent of Sears and Kmart, has lost almost $4 billion over the past three years. In the most recent quarter, it lost another $900 million. Its shares are down 80% in the past five years... — read more
Why do people waste their time reading message boards they don't like?
I'm curious. I read this message board and one other on the stock market. Currently in my life those are the only 2 boards that I spend time on. When I'm finally done with Sears, I will be done with this board. But I certainly would not be reading a... — read more
Whats wrong with you people?
I cannot believe you guys get on here every day and find 50 new ways to ask the same question instead of telling sears to kiss it and actually going to work somewhere that matters. Same question over and over, let me make it clear one more last time... — read more
2017 Heath Insurance sign up info still not here. Prob means no more insurance or company closing so why bother.
Usually the employees get mailings to their homes in September regarding when the sign up for heath benefits will begin, usually two or three during that month. It's now Oct 3 and no information at all. I wonder if this means they are no longer going... — read more
Closing Managers
We recently got a new store manager. I know SHLD is not doing well financially which is why I'm always looking for signs that our store may be in trouble. When the employees were told the name of our new store manager I went to research a little... — read more
What is the breaking point?
What is the breaking point between cutting hours and making sure a store can actually run? I know that we are past that point but I was wondering because our manager told us on Friday that our district was $500,000 over budget in labor for the... — read more
Local Kmart is a disaster
My local Kmart is not on the closure list but something is going on there. I went to my local Kmart store with my mom and daughter and we could not believe the mess. The store was stuffed with merchandise, especially clothes. We walked the whole... — read more
Are there any senior Sears management on this board
can any senior Sears management in hq tell us if bankruptcy proceedings have been or are currently being discussed?
Sears at Risk of Bankruptcy
Sears (NASDAQ: SHLD) has not had an easy go of it recently. The company has been closing stores while denying rumors that it plans to shut down entirely. In addition, the struggling retailer had to borrow $300 million from a hedge fund controlled by... — read more
Is 9055 a real SHC employee? What does everyone think?
I am beginning to wonder if 9055 is a real corporate employee? We have already verified that the Kmart he was employed at closed. He is spewing the same corporate BS about the "One Touch" program that Howard Reifs gave the press when the press... — read more
overhead shelves and clearing backroom
I remember reading some posts about that omen. What does it mean? Sq ft of freight can't go to overheads so I can't understand how that plays. I think it means the end is in sight but was wanting to find those old posts. Thanks for any recall of that
Is the Kenmore Alfie selling?
Our store hasn't sold ANY. None. Zilch. Nada. Two are missing according to our on-hand counts, so it is definitely due to theft, not a legitimate purchase. Good luck shoplifters, whoever you are, I don't see how it will be useful for you being that... — read more
Seritage Growth Properties: Sears Holdings' Problems Working Out Just Right
SRG got news that its largest client was canceling more leases. Such news would normally be trouble for a REIT. But, so far, this is turning out to be the best-case outcome for SRG. A few years ago, Sears Holdings (NASDAQ:SHLD) spun off Seritage... — read more
My sears.com working now...if you call it working
The site is working now and a nice place to vent. But what people don't realize is their problems will never get resolved. Reading the replies, like "check your email" or "the check is in the mail" is all too familiar. What kind of a company can't... — read more
New article online: Sears could face bankruptcy in 12-24 months, Fitch says. (I think less than 12 months personally)
-Sears (NASDAQ:SHLD) has "significant default risk" over the next 12-24 months due to high levels of debt and years of weak store traffic, TheStreet reports, citing a new report from Fitch Ratings. -Fitch notes that SHLD must repay ~$2.8B in high... — read more
Does Sears Have Enough Cash To Pay 2016 Real Estate Taxes?
2016 real estate taxes are typical due at the end of 2016 or early 2017, and Sears Holdings not only has to pay on sites they own but is also on the hook for paying the real estate tax on locations they lease. That means they are likely looking at... — read more
Sears closes 204 stores in 2016, more to come in 2017
Summary There may be 204 Kmart store closures in FY 2016 between all the various store closure announcements and the stores that were closed early in 2016. This represents 22% of the store base from the start of the year, while 44% of Kmart stores... — read more
Halloween Costumes
I walked into a Sears thinking I would find a costume for my kid but there were none to be found. Am I looking too early or is Sears not getting any?
Eddie Lampert, Does his family even like him?
It must be a huge challenge, for Eddie, waking up every morning and trying to be a bigger a---hole then he was the day before. So far, he has done an excellent job, of it but, how long can he keep it going? All great things come to an end. Einstein... — read more
New Salary Regulations
Does anyone know how kmart plans to handle the new salary regulations relating to the ASM's?
My sears.com
I hit mysears.com from time to time to see the customer complaints. I guess I'm a glutton for punishment. They have let the security certificate expire. WOW. Just another thing that has fallen by the wayside. Maybe intentional. Maybe not. Maybe... — read more
Without Real Estate, What Does Sears Holdings Corp Have Left to Offer?
The real estate investment trust that was supposed to transform Sears Holdings (NASDAQ:SHLD) is finally doing its thing. However, it's not happening the way investors imagined when the idea was first revealed and the retailer's stock was sent soaring... — read more
Kmart Has An 'Awesome' New Store
"The new store debuted in Des Plaines, Ill. at the end of August in a remodeled location near the company's Hoffman Estates headquarters." Where is this "New" store? does anyone know? Is it a Seritage owned store?... — read more
I just sit and cry everyday
I am so sad. I cannot find another job and have to support my kids as a single mom. Kmart is all I have and its coming to an end. I cant hold back tears. We are all fighting for nothing. Fighting to make Eddie and gang wealthy while we all lose... — read more
I am proud of my work.
I am proud of my work. I am proud of my work. without corp. I and others like me could have saved our store and every other Kmart, too. The jackasses from corp came in and destroyed. It must be by design that our stores were taken apart. There is no... — read more
People still want a store
They still want stores... I don't care how lazy they are, I don't care how much they want to order from their phones, they still want to come into a store. So since someone is taking the time to defend Lambert (IDK) maybe you will listen to us people... — read more
Most of you seem to have a chip on your shoulder...just saying.
Eddie Lampert is to blame for everything. Blame him because you couldn't pay your rent on time. Hell, blame him for the rain. I'm not saying that he is perfect, he's not. But if you take off your blinders and cast aside the hatred and prejudice... — read more
If Sears goes, will Seritage survive?
An interesting article that explores the possibility that Seritage could be brought down as well by Sears financial problems. https://www.thestreet.com/story/13747899/1/sears-could-drag-down-seritage-its-landlord.html
The glory days of Kmart...
I hate to surround myself with so much negativity. I know that Kmart and Sears' days are no longer, but I ran across this old 1970s TV commercial of Kmart. It made me smile, I actually cried a little. Back in the 1970s Kmart was unstoppable and was... — read more
Is Sears Closing?
I have compiled some answers to some really important questions. Is this planet Earth: Yes Is Today Saturday: Yes Is Tomorrow Sunday: Yes Is the Sun hot: Yes Is your Sears/Kmart store closing: Yes If you have any additional questions, I will try to... — read more
Pebble-This is what it looks like to me
Lately all I have seen is posts mostly from management and upper management. It is like one big circular blj. It reads something like: Janie: Thank you Johnnie for visiting our store today and giving us some positive tips on how we can delight our... — read more
LP District Manager Store Closing Strategies?
Latest visit we were told to get our store score up, or there would be individual associate interviews as to why items on his checklist were not completed. He said if our Kmart closes it's our fault. We are all doing the best we can with all the... — read more