Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

Original 2002 Kmart Bankruptcy

I hope my title makes sense. Is there anyone on this board that went through the first Kmart bankruptcy back in 2002? I am wondering since I get the feeling history is getting ready to repeat it self 15 years later. You know the tale tale signs of... — read more 

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| 840 views | | 3 replies (last September 24, 2016)
Post ID: @OP+JxP4pNZ

how to take advantage of the situation

lots of chat on here about how dire the situation is (quite right) but how many of you plan on taking advantage of the situation by shorting the stock or buying puts on it? Talking time is done time for action. June 2018 puts look the business, take... — read more 

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| 880 views | | 11 replies (last September 24, 2016)
Post ID: @OP+JwoPJuR

Hours

Has any other store been told starting oct that full time will now be 30hrs to

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| 970 views | | 11 replies (last September 24, 2016)
Post ID: @OP+JwCsvey

Eddie Lampert is not related to any founder or previous president of Sears. He simply got involved by buying up the stock like any investor.

to whoever posted this I thank you so much. It is so hard to go through everyday feeling ignorant of the why. I can wrap my brain around it now that you explained that way and I feel some better for knowing the reasons for the stupidity at store... — read more 

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| 561 views | | 2 replies (last September 23, 2016)
Post ID: @OP+JwqO6hL

June 2017

Eddie is only going to keep sears holdings open till June 2017. That is when he and his gang will have the 125 prime properties that were put in the REIT. That was part of the deal, he had to keep the company in business 24 months. The time is up... — read more 

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| 970 views | | 5 replies (last September 23, 2016)
Post ID: @OP+Jw2Yoh8

Sears down to 276 million in cash. Had to borrow more money just to survive 4th quarter 2016. Company has 3.4 billon in debt.

In April Sears Holdings announced plans to shutter 68 Kmart stores — which was followed on Monday by a report that an additional 64 stores have been added to the list of outlets closing by Christmas. This adds up to 14 percent of Kmart stores... — read more 

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| 660 views | | 2 replies (last September 23, 2016)
Post ID: @OP+Jw4X9az

What is going on

No one on this form knows what is going to happen rumors have been going on since 2011 that "this is the year SHLD ends" our CEO just gave $600m of his money at a nice loan rate to help keep the balance sheet up so suppliers don't get nervous, he... — read more 

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| 1310 views | | 13 replies (last September 23, 2016)
Post ID: @OP+JuSrEw9

Cape Girardeau Missouri Sears Store

I am not an employee or associate or whatever you folks are called. I am just a customer. My question is this: Does anyone know why the Cape Girardeau Missouri grand store is still open? A huge store devoid of customers. I went in for lawnmower... — read more 

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| 680 views | | 5 replies (last September 21, 2016)
Post ID: @OP+Jueh0XK

Wish

Wish I could ask manager about all these posts. I want to know why we work so hard if it is for nothing.??.

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| 670 views | | 5 replies (last September 21, 2016)
Post ID: @OP+JuGImrs

Source at Hoffman says all Kmart’s are closing beginning of year and Sears will phase out remaining sears store locations by mid to end of 2017.

Source at Hoffman says all Kmart’s are closing in 2017, and Sears will phase out remaining sears store locations rapidly during 2017. Corporate is being told to hold it together as long as possible to give seritage growth properties time to sell off... — read more 

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| 9090 views | | 89 replies (last August 1, 2019)
Post ID: @OP+Js2ugSK

List of Kmart Closings

I was able to look at our scumbag DM's computer today. I was looking to see if more closings are coming, which many of us suspect there are, but found this instead. It is the list of Kmarts that were just notified Friday that they are closing. 3044... — read more 

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| 1760 views | | 16 replies (last September 21, 2016)
Post ID: @OP+JrDkp6X

I USE TO KNOW

now I do not

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| 426 views | | no replies yet
Post ID: @OP+JrMggwy

closings

why did I just hear?(about store closings I thought this was the one place I could trust. oxymoron. you can not work at sears or kmart period unless you are stupid. Yet I do and think WHAT? I think I get paid soooooooooo little. Why do I stay? don't... — read more 

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| 587 views | | no replies yet
Post ID: @OP+JrJukKI

St Petersburg Florida closing

This is a quote from Tampa Bay Times newspaper: Seritage Growth Properties, a New York based real estate developer, has submitted plans to the city of St. Petersburg to demolish the 188,515-square-foot Sears store to make way for a new... — read more 

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| 1700 views | | 5 replies (last December 14, 2016)
Post ID: @OP+JqKFMDB

more km closings

should be news coming...... 3 local kmarts here in the chicago burbs....tinley park,new lenox,joliet clsoing their doors before end of dec. that leaves no stores in the burbs at all practically

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| 1290 views | | 10 replies (last September 21, 2016)
Post ID: @OP+JpFVFEX

More trouble

I just heard that the McKinleyville, CA store is having trouble. People are walking out and they dont have the people to do their trucks. People from other stores are going to help them. Just like a month ago at the Tahoe store

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| 680 views | | 3 replies (last September 17, 2016)
Post ID: @OP+Jp7OcJH

carole burnett coming to Ryman

funny is still funny.. I remember the liar, too. yea, that's the ticket. that's what we got these days thanks for the memories

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| 475 views | | no replies yet
Post ID: @OP+Jpvlchm

I vote for the one that can run the longest

we had one that picked what kind of a-- he liked and another who liked who would kiss his a--, then we had one who could only deal with those that soothed his ego. now we have one that takes energy boosting whatevers...it seems. Guess who I like the... — read more 

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| 690 views | | 2 replies (last September 16, 2016)
Post ID: @OP+Jospai3

Master PA Proction Agreements

What would happen to all of the PA agreements we sell if we go out of business? People are still spending hindreds of dollars on PAs, but everytime I sell one I think that there is no way we will be around in 5 years to honor it. When SHC goes... — read more 

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| 920 views | | 6 replies (last September 16, 2016)
Post ID: @OP+Jn7g331

Lay off

I was just curious how many people was just recently laid off??

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| 680 views | | 1 reply (September 15, 2016)
Post ID: @OP+JnYkC2H

Sears is thought to have very little liquidity

Sears liquidity rating (how well they can monetize assets if the need arises) was downgraded by Moody's, an investment analysis firm. On a scale of 1-4, with 4 being the most riskiest, Sears is now a 3 on the "Speculative Grade Liquidity" means of... — read more 

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| 890 views | | 6 replies (last September 14, 2016)
Post ID: @OP+JnWZJLE

"yeah,that'sthe the liar on saturdaynight live was who?

years ago he was so funny for being a liar. help me here please. It was SAT night LIve (original actors) so who is(was) the liar? Name? "Yeah, that's the ticket" guess I'm ocd on actors names. He always said "Yeah, that's the ticket" That is what I... — read more 

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| 2440 views | | 5 replies (last September 15, 2016)
Post ID: @OP+JnJt2PK

Out of stocks

Div 9, 6, 20 are coming up E status on out of stocks. Leaving us with a lot of empty peg hooks. This isnt End of season merchandise. Anyone know what is going on?

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| 1070 views | | 15 replies (last September 15, 2016)
Post ID: @OP+JmGqXyj

tomorrow and everyday after

let us all give back to SHC what they are giving us. Amen. Unless you have too much to lose or have many years invested then Just Give Back What We Are Being Given. I will do that for every day that I walk into that store until the end. And I do feel... — read more 

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| 840 views | | 6 replies (last September 15, 2016)
Post ID: @OP+JmkWd4G

Customers don't like us...

Hate to be a morale killer but it's sadly true and it's something the higher ups need to hear, if it's not too late. Customers hate Sears and Kmart. The stores are shabby and straight out of the pit of hell in some cases. They can never get any help... — read more 

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| 890 views | | 7 replies (last September 23, 2016)
Post ID: @OP+JmiF2CC

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