Unfortunately associate severance was promised and then stopped on several layoff rounds. This guy is a liar and a cheat. He is using you by promising things that he has no intention on delivering to you. I would not expect any mercy from this dude... — read more
CALL CENTER LAYOFFS
Sears home services call centers are sought to be closed when Transformco (what a original name BTW) establishes it's LLC requirements. Will be sad to see the great management that focused on clocking into a software program the same date the T Rex... — read more
Eddie is a man of principal...
He will turn this Titanic around and help all the brothers and sistershe left behind! He will realize his unjust ways!
The only way to get back at tyranny is to quit now
Logistically, it takes 2-3 well seasoned associates to keep a store going. You people that have done every single job that there is to do in the store. It took you 20 years to get you where you are now. Face the fact that you are going to be cheated... — read more
Sears Appliance Repair Service
How long does everyone who truthfully knows how A&E Factory Service operates, thinks it will be before it shuts down nationwide as a whole? I just left, and man it feels great so far! The way management and upper management treats the techs who do... — read more
Nation wide liquidation of sears home and appliance stores
https://www.michigansthumb.com/news/amp/Sears-store-in-Bad-Axe-will-close-in-July-13912675.php
Old sears VS transform co
Am I the only one who is really confused about all of the different designations going on here. What is left of old sears? Who do they employee and what are they fighting for. There are no store fronts they have no brands so I’m really confused as to... — read more
Transform speaks on severance
https://searsholdings.com/press-releases/pr/2136?fbclid=IwAR0eqZ-luf2kUrywk-bIEbSFqtnDwKrDMPrbI3P4y7qm-4GFzMu9_FiAErs
Post was deleted so I’ll post again. Make sure to use customer syw points
If you are upset how Eddie has treated employees and ex employees make sure you apply the members points on every purchase. Eddie accepted responsibility for all outstanding points when he bought the company so now when you use them he pays :)
Lampert doesn't want to pay severance
For those laid off after bankruptcy. Saw news articles about this. Thought it would be discussed in here.
Asbestos
Our stores floor tile is falling apart everywhere and full of asbestos! This is ridiculous! About to find a new job!!!
Shop Your Way Reward Program
Why doesn’t Eddie or the 3 CEO’s realize this program is a drain on store profits? They all have sight of the Profit and Loss statements and it doesn’t take a rocket scientist to see this program is greatly hurting us. It has been in affect for years... — read more
Are vendors giving up on Sears Craftsman and Kenmore?
Looks like for a lot of product lines vendors would rather sell under their own brands than under the Kenmore name. Small appliance makers are obviously still avoiding Sears like the plague. Sears seems to be getting out of the business of tractors... — read more
Eddie Lampert suing Sears Holdings, of which he owns 70%+
What a mo--nic clown, LOL.
Judge Drain take careful consideration on this attempt by Eddie
The hedge fund investor and former Sears boss who bought the chain's assets out of Chapter 11 bankruptcy is now trying to back out of an agreement to pay for the severance of the retailer's laid-off employees. Former Sears CEO, chairman and... — read more
Eddie is at it again.
I The hedge fund investor and former Sears boss who bought the chain's assets out of Chapter 11 bankruptcy is now trying to back out of an agreement to pay for the severance of the retailer's laid-off employees
Any stores doing worse after the shrink?
Kind of strange, but after my store shrunk down in space we’re doing a lot worse than we used to do, even though, we’re reasonably stocked and the people are not working in such a horrible atmosphere anymore. It seems that the few customers that we... — read more
Kind of sad that none of the social media pics of #SearsHomeLife captured a single photo of a customer
Grand Opening! Not a single customer or member to be seen in any of the PR or online photos, just a handful of associates grinning and thinking to themselves "oh god I hope we still have jobs in six months". At least the Oakbrook Center Sears had a... — read more
Goodbye Softlines!
"Boutros' team will also consider opening Home & Life shops where there are already full line stores" So if you work on the non-hardlines side of your store, better start looking now. Sooner or later they're gonna shut it down completely or convert... — read more
Will the new concept be the death of Sears as anchors at the mall?
the new Home & Life locations are just a fraction of that size — at roughly 12,500 square feet — and are going to meet consumers where they're spending the most time, likely not in enclosed shopping malls.
Payroll
Did anyone else have their Paycheck seriously shortchanged this pay period? I am CSA and my commissions and P3 bonus did not show. This is the 1st pay period with Holdco. What's up?
Sears Mexico vs. Sears Eddie Edition
https://www.pulse.com.gh/bi/strategy/while-sears-has-been-struggling-to-survive-in-the-us-the-retail-chain-thrives-in/qnh0yw7 While Sears has been struggling to survive in the US, the retail chain thrives in Mexico. And when we visited stores in both... — read more
Thinning the headcount at multiple stores rather than official store closures at once
Saw that people are closing that layoffs are happening at stores, just not in big portions. Could this be a strategy to thin the headcount without causing so much panic as announces closure of a certain store would cause?
COBRA
I’m a full time associate why is my Benefits center (88SEARS) saying my benefits will end and I have to sign up for COBRA?? Does that mean my status is going to change soon. I ain’t the only one in the store.
Transform Holdco Layoffs
Since they do not have a page on this site, I'd like to start a thread. Please report Transform Holdco layoffs here and specify: number of people laid off locations of affected resources positions and length of tenure severance paid placement aid... — read more
3 new Sears Home & Life stores opening Friday 05/24 in Anchorage, Lafayette, Overland Park
https://www.ibtimes.com/sears-open-new-stores-find-out-where-they-will-be-located-2783178
Have any stores closed in the las week?
I’m not really up to date with this info, so I guess that’s why I’m popping this question here? I doubt that a week can go by without a closure, do maybe it would be better jus to ask what was the location of closing stores?
Getting Paid?
Questions of not getting paid this week. Trouble with payroll in New company. TRUTH?
Bridgeview IL Kmart remodeling
There is a handwritten sign at the entrance, that they are looking for people to remodel the store. There are also lots of "now hiring" signs taped to the wall. While I think it's a good sign that the dingy store will be remodeled, shouldn't it be... — read more
Death throes of Sears
Never will there be a Phoenix rising from Transform Holdco retail. The bosses collect their 30 pieces of silver for doing Eddie's bidding. Protected short term, and then eventually rejected when they are not needed anymore. Disappearing one by one.
Confirmed
Tomorrow May 21st. IBO meeting. Let’s post all we hear here.
Steve Dennis, Former Exec: Sears' New Stores Will Amount to Zilch, Plus or Minus Bubkes
http://fortune.com/longform/sears-self-destruction But viewed through a longer lens, the coverage was more pathetic than upbeat. This is what now passes for good news at the onetime colossus of global retailing: three stores, one of them in Alaska... — read more
Meeting
Meeting tomorrow for some markets.. Talent Action Planning. Is IBO going to be involved with this. Let’s post any info we get.
Are we actively seeking one capable CEO?
I look at Abercrombie & Fitch’s results over the past couple years. In 2017 AF and it’s CEO Jeffries was the most hated retailer by Wall Street, customers and its employees. AF brought in a new CEO, Horowitz, and within a year started to turn that... — read more
No Garden Center= Lost Sales over 60 customers.
My Kmart in the northeast must have lost 60 sales yesterday because we have no plants. We have vegetables but people want plants. I'm a cashier. People just walked out all day without buying anything. Really sad.
Sears Cobra medical benefits termination notice
I started Cobra medical on Jan. 1, 2019. Premiums are drafted on the first day of each month. Today I received a letter, saying Direct Debit Amount Change. This stated my amount to be withdrawn on June 1 will change to zero. I elected coverage. Paid... — read more
Only CEO who still could turn things around and...
complete their transformation is Ron Johnson... same chap who made Apple the retail juggernaut it is today.
Sears can't compete with anyone
In between stores, I stopped by a mall where the Sears closed in 2013. It's since been replaced by a Ross and a sporting goods store. The mall still has a JCPenney, Hobby Lobby and a Big Lots. The town supports a Walmart. It's a town of 15,000, and... — read more
Sears Canada Pensioners and fraudulent conveyance
As is well known, the Sears Holding Board is suing Eddie. The latest wrinkle is that the Sears Canada pensioners are suing Sears Holdings to the tune of $200M. There's a couple of ways to get standing here. The statute of limitations in NY state... — read more