Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

Was anyone naive enough to think Sears would survive?

I think the answer is that we all knew that this is over. Yet we chose to stay. I mean, not many of us started looking for a new job aggressively after sears went private. What did we think that a miracle was going to happen?

by
| 820 views | | 3 replies (last September 7, 2019)
Post ID: @OP+10UhZPeW

Just one new store!

Perhaps Kmart could have done well if for all these closings they had opened just one new store in each area with the closings. It could have been a modern retail building in the current shopping areas that would replace 3 or 4 old stores that were... — read more 

by
| 870 views | | 5 replies (last September 7, 2019)
Post ID: @OP+10UfK7rO

Must s--- to be Eddie

All the money in the world will not matter in the end. In the end he will be known as the man who allowed not one, but two American icons to fail at the same time. It really is stunning that the two biggest retailers one generation ago are both... — read more 

by
| 900 views | | 7 replies (last September 7, 2019)
Post ID: @OP+10UHXQbA

Sears, Kmart parent company to lay off 250 employees

Sears, Kmart parent company to lay off 250 employees Article source: https://www.foxbusiness.com/retail/sears-kmart-parent-company-layoffs The bad times just keep coming for Sears and Kmart: More employees are being laid off, this time at... — read more 

Eddie's Facebook post from 2017

To me, business isn’t about wearing suits or pleasing stockholders. It’s about being true to yourself, your ideas and focusing on the essentials. The number one benefit of information technology is that it empowers people to do what they want to... — read more 

by
| 993 views | | 4 replies (last September 7, 2019)
Post ID: @OP+10Ume4jK

Blow the lid off Eddie's lies

https://www.warren.senate.gov/contact He's backing out of his promise of severance for keeping all these jobs alive he talked about in his town hall meeting let her know what he's really doing, obviously doesn't have any interest of his employees... — read more 

by
| 930 views | | 6 replies (last September 10, 2019)
Post ID: @OP+10UNEXh7

They are lying out their teeth about severance pay

They announced they were going acknowledge all severance to what it was before they declared bankruptcy last October which was 1 week for every year worked?....now it is we will tell you two weeks before your store is closed what you get, go ahead... — read more 

by
| 1300 views | | 8 replies (last September 10, 2019)
Post ID: @OP+10Ukx2yR

Its over!!

North Carolina here. Our store is closing. Vendors have been saying it for months and we didn't believe it. Sales weren't good but not that bad. Seems it don't matter because today the word was the whole company is winding down. The one's who didn't... — read more 

by
| 1930 views | | 10 replies (last September 10, 2019)
Post ID: @OP+10TNlquk

The real nail in the coffin...

When they took away accountcare for the sears card. Beginning of the end right there

by
| 640 views | | no replies yet
Post ID: @OP+10TFXJi6

Kmart and Sears have been slowly shut down

It seems like this has been so long and so slow that now the national media barely notices. Ten years ago, it would have been big news if Kmart and Sears vanished in one poof and a lot of questions would have been asked by the politicians, media... — read more 

by
| 795 views | | 1 reply (September 6, 2019)
Post ID: @OP+10TaZA3Q

Kmart Revival

It doesn't seem like there's been any effort to revive Kmart since the bankruptcy. Whereas prior to bankruptcy there were always new products, now there are hardly any.

by
| 940 views | | 4 replies (last September 6, 2019)
Post ID: @OP+10TuRc8L

Is there anything that can be done?

It is obvious that Eddie never had any intention to save Sears or all the jobs he touted he was going to safe to the Judge. He lied. It is obvious to a three-year-old child he lied. So is there really nothing that can be done about it? By anybody?... — read more 

by
| 950 views | | 3 replies (last September 6, 2019)
Post ID: @OP+10Tw6YlJ

Georgetown SC Closing Soon

Sears literally can’t do anything right... https://wpde.com/news/local/oops-georgetown-store-fumbles-hurricane-preps

by
| 500 views | | 1 reply (September 5, 2019)
Post ID: @OP+10TAmbDC

Does anyone even remember better times?

It looks like the agony at Sears has been going on for too long. I'm a long time and I caught myself not remembering when was the last time that things looked at least ok. I imagine that the younger folks don't even know the meaning of the term... — read more 

Let’s talk about Seritage

Seemingly lost in all this discussion is figuring out which of the remaining owned (not leased) properties would be prime pick-ups for Seritage? Seritage has proven that they can take a distressed property that was a Sears or Kmart, carve it up... — read more 

by
| 1000 views | | 4 replies (last September 5, 2019)
Post ID: @OP+10TtcT59

Employee relations

Sears has struggled with employee relations. One notable example was the shift in 1992 from an hourly wage based on longevity to a base wage (usually between US$3.50 and US$6 per hour) and commissions ranging from 0.5% to 11%. Sears claimed the new... — read more 

by
| 830 views | | 3 replies (last September 5, 2019)
Post ID: @OP+10T2I7HY

HE layoffs in October?

This might be the layoffs that just happened, being made permanent after the 60 day WARN notice. https://www.chicagotribune.com/business/ct-biz-sears-layoffs-hoffman-estates-20190904-vasdgwhuyzhbvhctkblqfmpkmi-story.html

by
| 1040 views | | 3 replies (last September 5, 2019)
Post ID: @OP+10TUf2Y9

250 laid off at headquareters

It's official https://www.chicagotribune.com/business/ct-biz-sears-layoffs-hoffman-estates-20190904-vasdgwhuyzhbvhctkblqfmpkmi-story.html

by
| 1500 views | | 8 replies (last September 6, 2019)
Post ID: @OP+10TPxhin

12oaks closed before Westland mall so strange

Seems like 12oaks mall would have had more opportunities to sell stuff verses westland but then when you think of the higher clientele in no I when they shop they don’t think sears Still it’s amazing that Westland is still open

by
| 842 views | | 4 replies (last September 5, 2019)
Post ID: @OP+10SckAYL

Any addition to the list of stores set for closure?

This keeps bugging me, so I figure I’d just go ahead and ask. Was the list of stores set for closure final, at least for now, or could they add additional stores that are going to be closed in this wave of closures. If yes, any info on which stores... — read more 

2002 BK Vs. 2018 BK- It's the vendors

In 2002 Kmart suppliers and vendors were very worried when Kmart filed for BK because they needed the open stores to sell their products. They (vendors) helped the store get back into the black. But in 2019, with the .com shopping and so many other... — read more 

by
| 1056 views | | 2 replies (last September 4, 2019)
Post ID: @OP+10SGJ5Vt

skepticism

Forbes articles (and Business Insider articles as well) have to be read with a healthy dose of skepticism. There's a lot of sensationalism and clickbait on those sites. I'd keep my powder dry until someone like Crain's or the Tribune reports on it.

by
| 690 views | | 1 reply (September 4, 2019)
Post ID: @OP+10SMZYOu

KMart US Virgin Islands

Guam’s easy to see going Wesfarmers’ way, but moving the complete other direction, what will become of the USVI KMarts? Would Wal-Mart move in? There’s already a Pricesmart in between the 2 KMarts on St Thomas, and they would love to have the... — read more 

by
| 754 views | | 1 reply (September 4, 2019)
Post ID: @OP+10SDh9Ap

Auburn Maine Kmart

The Auburn Maine Kmart is closing. The Auburn Maine metro area has a population of 107,000 with NO Target. If Kmart couldn't make it here, then where can they?

by
| 790 views | | 7 replies (last September 4, 2019)
Post ID: @OP+10StClnM

Hurricane coming go to work

The store just announced its closing but there is a hurricane that you are in the line of fire and they tell you to open your store. WTF

ESL loading up on a new company

Ironically, I’m hearing that ESL has been buying up Lowes stock. Rumor mill says Eddie is going to sell kenmore in an all stock deal to lowes and be the major over there. Sears remaining fls will become Sears-Lowes and SHOS stores will become... — read more 

An Open Letter to Judge Robert Drain

Your Honor, you blew it big time. You allowed former Sears CEO Eddie Lampert-and his corporate attorneys- to sweet talk you into saving "45,00 jobs. " You fell for it, hook, line and sinker. You, yes you, are 100% responsible for this retail... — read more 

by
| 1360 views | | 4 replies (last September 4, 2019)
Post ID: @OP+10REvDk7

It's over

Kmart could have been a strong brand, but it's clear that it's over.

by
| 1320 views | | 5 replies (last September 5, 2019)
Post ID: @OP+10RUAr0R

Hoffman Estates HQ sold

https://www.forbes.com/sites/warrenshoulberg/2019/09/03/is-this-the-sears-endgame-reported-77-more-stores-closing-hq-being-sold/#573e1e604444

by
| 1591 views | | 5 replies (last September 4, 2019)
Post ID: @OP+10RyIKD5

Sears in Forida

My wife worked for Sears in Forida when KMart bought Sears and became Sears Holdings, She retired soon after that, but all the employees predicted that within 15 years, KMart/Sears would go belly up. The remaining employees would get shafted, and... — read more 

by
| 750 views | | 2 replies (last September 4, 2019)
Post ID: @OP+10RvsP2X

Start a new thread - post a news comment, question or message:

: