Anyone know what happened in SF today? How will this affect the stores?

What can small businesses learn from the largest online retailer? While the company was still growing, Amazon, like Walmart before it, focused on building a strong foundation. It paid little attention to stock price, and funneled almost all its... — read more 

https://nypost.com/2019/02/06/kmart-stiffed-st-jude-childrens-research-hospital-on-donations-court-docs/

What teams/how many will be affected? Anyone know any numbers?

Add The Mall of America to the list of people suing Eddie Lampert. It seems the Bloomington, Minnesota-based mall wants its empty three-story space back from Lampert, who pays-ready for this?-$10 annual rent. Mall of America owners are... — read more 

Keep hearing big layoffs in HE tomorrow. Best way to know is what "activity" is happening the day before...

So they are doing reindeer runs in closing stores: WOW!!! And why even bother, this is every stores last holiday. Guess that RVP and those DM's have to justify their existence.

Pink slipper was right in his post from last month. Just off in the timing.

The true sign that TransformCo's run out of money and that Eddie really has no idea what the bumblef–k he's doing

I left, you should too, everybody should. Nothing makes any sense anymore I am just done. sigh.

Anyone know when they are/who’s affected?

world's slowest liquidation. Close all of them, they promised jobs, they deliver pink slip. Judge Drain is a an a– kisser who probably plays golf with Lampeter and Mnuchin. Crooks, all of them

Anyone's still open store that survived this latest blood bath including any extra pay over Black Friday?

So, this article states Minot ND's Kmart is "up for lease", but doesn't mention a closing. Does that mean it's probably closing soon? https://www.kxnet.com/news/local-news/minot-kmart-up-for-lease/

expect to realize a significant return on our extensive portfolio of owned and leased real estate," Transformco said. The company has also cut costs in recent weeks through corporate layoffs. Who was laid off at corporate recently?

Is Eddie really such an autist that he doesn't realize that vendors see no difference between the money that SHLD owes them and the money that Transform owes them? When the money goes to the lawyers, when doesn't go with Ch 7, when he goes with a... — read more 

So for giggles, I made a map of the 48 remaining Kmarts in the actual United States (there are also 12 others in US territories, not included here). Look how far flung some of these id–tic stores are! That northern tier is a joke! 1 store each... — read more 

Think about it. He himself has zero confidence in Sears and Kmart as a brand and foresees a holiday season that's beyond dismal

https://www.businessinsider.com/sears-script-reveals-how-store-managers-tell-employees-about-layoffs-2019-11 Got a tip? Contact the reporter at the email or private encrypted message in the link

I can't imagine that the typical store is bringing home as much as a dollar general these days

So this is how I see things playing out: Another round (or two) of closings with plenty of one-off closings in-between. All FLS Sears and Kmarts closed. Timing: 9-12 months. All remaining inventory cleared out thru SHOS (guess why they... — read more 

Cantor Fitzgerald provided a loan to Transform Co. in the amount of $250 million with the Collateral being the Leases on 60 stores. Now with the value of the Leases stripped away how long can Eddie keep Transform Co. afloat with the remaining... — read more 

The economies of scale are long gone, and at this point, it appears that there is no logic in continuing the cash burn by keeping any stores open. There is no brand equity left to sell, and there is no foreseeable turnaround. So the answer is... — read more 

At first the thought process was that early news about the going out of business sales starting in early December would k–l Black Friday sales. Then they looked at the Black Friday ads and the sad state of inventory and realized it would not make... — read more 

Let that sink in. We went from 3,500 locations not so long ago to under 200. And even that will not last. This was the systematic destruction of an American icon. Everybody should be heartbroken over what happened here - especially over tens of... — read more 

In case you haven't figured it out from the delivery suspension or Eddie's emergency forking over cash out of pocket (which he pretty much never does), Transform is out of cash. It's got nothing left in the piggy bank, maxed out all its credit... — read more 

How many Sears stores will remain open in 2020? 5, 10, 15?

Looking at the closing list for the Kmarts. The very last Kmart in the Detroit area is closing, Waterford. The very first Kmart opened in the Detroit area. Think about it.

60 Kmarts left, here is the list. Let me Know if there was something I should have removed but neglected to. Thanks: Alabama X Alaska X Arizona X Arkansas X California Big Bear Lake Costa Mesa Freedom ... — read more 

Eddie just needs to admit failure. He's starving Hometown of product, FLS closing all over the US and NOW he’s giving a cash infusion to a failing concept. Hometown owners are walking away in droves, maybe Eddie wants those smaller markets for his... — read more 

Email sent out to stores saying deliveries suspended by carrier with no ETA of when they would resume.

https://www.google.com/amp/s/amp.usatoday.com/amp/2521653001

So those of us who are not on the list to close and have watched the kmart and sears slow death throes, will witness it's last dying breath.

The Final Folding is not yet over everyone, get your resumes ready https://searsholdings.com/docs/110719_store_closing_list.pdf

Sears is closing more stores, according to reports, although the fate of the store in Concord’s Steeplegate Mall is still uncertain. According to the Reuters news agency, Sears said that starting in December it will close 96 stores, leaving 182... — read more 

https://www.reuters.com/article/us-sears-financing-exclusive/exclusive-sears-says-it-has-secured-a-250-million-lifeline-will-close-96-stores-idUSKBN1XH2OL "...Starting in December, Sears will close 96 stores, leaving the retailer with 182... — read more 

There have been so many closings that I've lost count. Does anyone know how many Kmart and Sears will be left open after this latest round of closings? Are we down to about 200 total?

My friends at Delano say they were given notice they are closing at the end of the year. In addition to being an RRC they are also a Tires DC and the shoe DC. Shoes were brought in-house there a few years ago from previously using an outside contract... — read more 

https://www.theweeklyjournal.com/business-gallery/transformco-announces-closure-of-eight-sears-and-kmart-stores-in/article_f6638718-00d3-11ea-9c1c-17a01655f226.html