The manager of optical just told me that they are closing all sears optical. He said they will be out next month.

Two of the last three Kmart stores in Minnesota are set to close Sunday. That means the Minneapolis store that blocks Nicollet Avenue at Lake Street — as it has for more than four decades — will be the retailer’s sole remaining outpost in the state... — read more 

They are sending Regional people in the stores to kick their asses..... Insanity... Stores have long lines, no staff. No one wants to work in the stores. $9.00 an hour doesn't make it. The two most important weeks in the year and they are coming into... — read more 

There is hardly anyone at HE anymore. Cheap Holiday buffet brunch of scrambled eggs and pancakes offered for next Wednesday. Potlucks in the remaining departments a couple of days later. Who is paying the light bill? Who is paying the water... — read more 

https://www.chicagobusiness.com/retail/sears-bankruptcy-brawl-gets-examiner-contested-million

I do not claim to know Transform's financials but after reading different posts from financial sites and posts here... We should logically look at: Holiday sales do not appear to be the salvation Eddie was looking for The cash burn has to be... — read more 

We now receive large amounts of apparel via UPS. That being said, they don't have to give us hours to process or to stock the sales floor because it doesn't show as new receipts coming in on a truck. Good job boys, learning some down and dirty... — read more 

https://www.nbcnews.com/business/business-news/sears-limps-holiday-season-dingy-shops-sparse-shelves-n1095336

https://www.cnn.com/2019/12/08/business/sears-holiday-season/index.html

Target spent a whopping $7 billion over three years. “The plan was ambitious: More than 1,000 store remodels by the end of 2020. The opening of 30 small stores a year in urban... — read more 

Will Sears Be closing at Freehold Raceway Mall in March 2020?

For what it's worth I finally took the plunge and went to work at Costco. The minimum pay is $15/hr and the benefits are great. Most large retailers offer a $15/hr minimum now and have excellent benefits. Since the company's outlook is abysmal I hope... — read more 

Feel sorry for the guys still having to make a go at this with the bucket of fecal matter Eddie & the brainiacs have left for them. A ruined brand reputation, no parts, no support, missed time windows, franchisees fleeing at light speed, and nothing... — read more 

Heard from around HQ that a new list of closures is going to be released this coming week. Not sure how many Sears or Kmart stores are set to close but my guess is the rest of Kmart stores are on this list.

Kmart in Temple City is listed as closing. OK, list man, make your new list of Kmarts LOL. This should get you aroused. Just kidding, man. I found it listed as closing on the jobs... — read more 

What are some signs that your distribution is closing? Can you tell if your store is closing before they make an announcement?

Why did 250 stores really close? Where I live the Kmart was really super busy. The whole Plaza showed Kmart Corp as owner. The Store Manager said this store would be the last store to close and even the busy Pharmacy had 2 techs working at times. The... — read more 

EBITDA, an easily manipulated accounting method that can be used to mask a company's poor financial status. No wonder Eddie is in love with it! https://finance.yahoo.com/news/fake-ebitda-worsen-next-slump-160252459.html

The beauty of a new store. The shiny new everything built from inside out. How does it look now. Walls cracking, floors dull showing wear. Ceiling tiles stained from water leaks, missing tiles. Shelves filthy and dust covering every corner.The care... — read more 

Don't think this one was on any previous list. Source: https://www.thetimesnews.com/news/20191204/sears-out-publix-in-at-burlingtonrsquos-holly-hill-mall

14 people were let go at stac, including one supervisor. Some employees had 20 to 5 years with Sears and less than one year with transform company!

He's been cannibalizing real assets to support operations for years. When he started, Sears had a billion in free cash flow. Now it's selling everything it can just to keep the lights on. If you look at everything else like Land's End, Seritage... — read more 

https://seekingalpha.com/instablog/22912651-daniel-jennings/4990333-eddie-lampert-gone-nuts-sears-suing-craftsman-supplier Lampert wants a judge to force China-based One World to accept letters of credit from Sears Acceptance Corporation as... — read more 

Last year the president of auto quit and they never replaced him. They had the Sr Director take over and run things. Now he’s gone. I hear rumors that they are going to absorb auto into the fls and not have their own managers and market leaders.

That's what they're worried about, not one bit worried about satisfying customers. IT'S ALL ABOUT THOSE METRICS, BABY! https://www.nbcnews.com/business/business-news/sears-limps-holiday-season-dingy-shops-sparse-shelves-n1095336 Read it and weep... — read more 

This is NOT for Sears Holdings creditors. We've heard about Abacus Advisors, Truck Companies, Softlines Vendors, WiFI providers. Who else is going to be claiming against the TransformCo estate? Maybe they can all pierce the corporate veil to... — read more 

I just want to get a few as gag xmas gifts

So they fired 200+ inventory people in HE, then start hiring inventory support in India. Way to go Eddie

Lambert told Judge Drain the 425 Stores remaining were profitable and 45-50k jobs were being saved. What changed? How do over half of the stores go in the "Red". This seems like a complete lie and Lambert will spend lots of time in court to be... — read more 

https://www.businessinsider.com/black-friday-shopping-best-bloomingdales-worst-sears-2019-12

I have heard rumors out of HE that we are switching vendors for most of the hand tools and these will begin arriving in the next several weeks. Can anyone confirm?

More job cuts coming down the pipeline. Just heard here in HE that if your store currently has an AP manager soon you will not. They are just planning on keeping AP at district and regional level. Stores will no longer have an AP manager if they... — read more 

What does it say about the paranoia and the cowardice of the owner and management that the company is terrified of "members" and the media interviewing associates and speaking their minds about what they think of the company, taking pictures/videos... — read more 

Hearing Transform hasn’t paid any apparel vendors in close to two months. Anyone know what’s going on?

I saw on a real estate website that there is a development proposal in the works for my store. Anyone know if this store is on a closure list? Transform Co leases the site.

So they say the WiFi is being upgraded and was turned off and will be back on in 2020. Guess they didn’t like all the employees going on indeed during their shift.

Ok all you boys and girls is anything going to be announced today? One can only hope!

Oh the threats. Make your credit or fore the poor cashier. So that would mean I would have to fire 60% of my team. Hey D-mb -ss. It's December, do you really want that many new associates in December? Someone please help these DM's and SM's get... — read more 

Is he not aware that getting information out of computer data is "garbage in, garbage out"? All the data scientists in the world aren't going to get anything out of 7 years of the complete trash that is Shop Your Way. They can tell plenty about how... — read more 

I was working there all day, we had 5 services centers open with at least 2 cashiers at each center. The lines were 10-15 deep most of the time. Lots of clothing and tools sold, also lots of weighted blankets were sold. I haven't seen the numbers... — read more