It’s obvious that Sears is not doing to well, even in this new form. In that light I wonder what happens if it comes to the point that the company has to file for bankruptcy. What are the rules regarding privately owned companies. Do they file under... — read more 

Makes it clear equity holders will be wiped out and shares cancelled (which they list as "Class 9" holdings: On the Effective Date, all Existing SHC Equity Interests shall be cancelled. Each such holder thereof shall neither receive nor retain any... — read more 

What's going on at Sears Corporate Headquarters? I used to work there as one of the vendor/consultants. I was there back in 2003 or so just at the time K-Mart took over. I live near Sears Corp and took a ride to take a look. It's a massive corporate... — read more 

A bit of trivia people may not know about Eddie is that his mother helped support the family by working retail at Saks Fifth Avenue. All those 90,000+ retirees who lost their pensions? The youngest of them was working in 1984, many his mother's age... — read more 

My store manager has a meeting with other store managers NY/NJ area.

So what happened to all the changes that were supposed to take place this week? Obviously whomever posted that had a BAD source!!!

Aside from the fact that in my mind Sears is long gone, the reality is that I don't see much change on the field since the new company was established and therefore I don’t think that things could get any better. How much time does this new Sears... — read more 

Eddie used to talk a lot about Ayn Rand. Fine, Amazon's Jeff Bezos talks about her too, and that obviously worked out. Eddie seems to be playing the part of a particular character though, James Taggert, the antagonist of Atlas Shrugged, who does... — read more 

Who exactly still comes to Sears to do their shopping? Family and friends of those of us still working here? Some seniors who come here for nostalgia reasons? Isn't that it? Who else would decide to set foot into this disaster with so many better... — read more 

Did a primeclerk court inquiry thinking what the heck. I will probably never see this money anyway. For anyone who filed a secondary claim for Severances by April 10, 2019. Mine was cut on the first week last October. Still owed over $12,000. Well... — read more 

Know there isn’t any official info and it is hard to figure out, but I’m definitely curious about that. I would also like to know in what parts of the country has Sears lost it’s footprint after the new company started. Does anyone have any ideas on... — read more 

No matter how you slice it, the idea of over 100 employees per remaining store is completely nonsensical, isn't it? These numbers don't add up.

We have been notified that the lease at my store is not being renewed. Landlord has sold the building and land for redevelopment and is refusing to fix anything in the building. The lease ends on 11/30/2019. About when can expect the liquidation to... — read more 

In our store it is not that we cannot use the p card to pay, the problem is no contractor wants to deal with anything to do with Sears/kmart/shc/transformco. They were burned during BK for thousands and the word is out to other contractors not to do... — read more 

Get ready for a major shakeup. This week confirmed by a source at corp, all full time and asm's are going to be history. The supervisor positions are the only full time available anymore. Asm's will have a chance to become supervisors and bump... — read more 

We are not closing, we are getting mattresses and box springs as well as tools that’s been out of stock for sometime things are turning slowly around it takes time I have not seen any layoffs or half the sh-- that gets posted on here. Post truth not... — read more 

For all those in California and the other 6 states this applies to, our Store Manager said yesterday that the vacation payout will be on this Friday's check.

But the nonstop posting on this site about Sears vs. other companies is a result of Sears' stupid forced social media posting managers shove down associates' throats.

Seems early when in previous years it’s been in July

Our hair salon closed yesterday! I’m surprised it didn’t happen sooner!

New company what are the options for those with the 401k?

Sears hometown and outlet just closed and pulled all the Appliance and hardware stores from the Franchisees and are liquidating them.

With all the QMT's gone I was wondering how are the stores that are still open doing as far as Maintenance ? I know house keeping has changed but what about the lighting and plumbing issues that come up daily. Who doing the repairs .

I've been thinking about this for the past few days - the stores that are still standing have been through so much in the past few years, survived so many cost cuttings and closings, that it feels like we are now here to stay. There might be some... — read more 

I know it changes every year but what is the volume for the store to qualify for leads. From what I remember. FJ Coordinator 500,000 dollars HA Lead 4 Million. Softlines Leads 4 million 2 leads Softlines ASM 4 million Softlines Supervisor ???? What... — read more 

https://www.thestoreclosing.com/t/gZTnALQx (titled: My Tracking List of Closed Sears Locations - US Only and Sorted by State )

At my store it seemed for a while that the stress and anxiety were a little lesser among the workers and now people are talking about layoffs again. Is there any point staying at this company and going through the stress all over again?

DieHard AKA Zhejiang YAT Appliance. That good old Chinese craftsmanship that every red blooded American knows and loves. That's the kind of knockoff quality that'll bring members back to Sears! More Eddie fail at its finest.

All sales coordinator, Sales Lead positions are to be eliminated. This includes stores who still have footwear, jewelry and appliances leads/coordinators. All other leads will be part time. Stores will be losing all Full time positions with the... — read more 

I can’t seem to keep calm. For a few weeks now we’ve been severely understocked. Deliveries ju aren’t arriving. Is that the case at any other location? Is that proof that a store could be closing?

Hey Market Leaders, We know you know what the changes are going g to be!!! Go ahead and spill the beans, it's anonymous, don't worry you won't lose your high paying cushy job!!!

To merge Transform Holdco with Lands End where he's already 66.5% owner. After merger, that will be his main publicly listed investment vehicle.

I realise that at this point any store is in danger, but there has got to be some stores that are in more danger than others. What stores could be most likely to close in the ne wave? Any Idea?

Not a good look at all. Every single post is buried with comments of member dissatisfaction. Twitter too. For every official tweet there's a hundred tweets by members who haven't been able to get their issues resolved after numerous tries, sometimes... — read more 

Restructuring next week. In a few days. Let’s post everything we know to keep us all in the loop. It’s looking like all store hourly associates will be part time.

Now when Sears acquisition is almost entirely digested, which takeover target for Eddie & Transform Holdco should take next? I would suggest JC Penney.

Do they still have the huge contract with TCS, the Indian company that replaced much of in-house Sears IT some years back ? How is the mainframe elimination project coming along ?

On the website lawn mowers are unavailable even riding mowers. What’s the point to have them online if you can’t get them??? Is this an in store purchase kind of thing?

Looks like Eddie is back to borrowing money to keep the lights on. https://www.wsj.com/amp/articles/hps-investment-partners-to-loan-new-sears-800-million-11556750812

The fail is just tragicomic at this point