Saw this posted on seekingalpha from a bankruptcy docket on old Sears. https://restructuring.primeclerk.com/sears/Home-DownloadPDF?id1=MTU1NDQ2&id2=0 Lot of stuff in there but looks like I was right about credit card signups, if I read this right... — read more
Bitcoin
Really Sears accepting bitcoin. Oh mylanta
Jacked up prices
https://www.kmart.com/lipton-green-tea-naturally-decaffeinated-40-tea-bags/p-08736290000P?unitNo=&sellerId=SEARS&prdNo=15&blockNo=15&blockType=G15 40 bucks for tea bags
@berniesanders on Sears
A few months ago Sears gave executives over $25 million in bonuses. Now the company says it's ending life insurance benefits that were promised to thousands of retirees. This is the kind of corporate greed that is destroying the social fabric of... — read more
THIS PAGE ISNT TOO BAD
Go on Wal-Mart and Target's page and those id--tic comments make these comments pretty normal. That's scary!
Being a part of Transform Co is like being on a life raft after the Titanic sank.
Your are still scared you'll be dead soon....and even if you are rescued the ship is still sunk and the memories will only haunt you. Would you get on the Titanic Ii with the same captain on the same course. But I'm sure that the current passengers... — read more
Eddie Lampert cancelling retirement is the lowest of the low
These are the people who literally helped build Sears into the nation's largest retailer, some of them have been retired for 20 or more years. And Eddie comes in, and instead of investing in the company, wastes billions on stock buy backs, spins off... — read more
What if we don’t get our paychecks or they are late?
This would normally be a stupid question, but given the state that the company is in, I believe it becomes a valid one. What is our paychecks are late? How long can they delay the payment before the authorities get involved. Also, what if one is... — read more
Sears Hometown store closing 5/10/19
Located in a quaint town of Fremont Michigan
How do i get psyched up for new company
Really want to be part of This new winning team uhh yay but I don't think it will be successful. Everything about job really is terrible. Also store looks dirty and has no good merchandise. Plus people I work with are dirty and smell bad. How can I... — read more
Pensions can be cut by a 2014 law
From Benefits & Executive Compensation News on Bloomberg Law July 31, 2018 By Carmen Castro-Pagan Three retired United Parcel Service Inc. workers sued the federal government July 31 challenging the Treasury Department’s decision to allow their... — read more
Sears Innovel Bankruptcy
What's the status of Sears Innovel? Are they affected by the bankruptcy - I am hearing glowing reviews - for example https://www.retailwire.com/sears-makes-money-delivering-products-sold-at-other-retailers/
Reaching my pension under Transform CO?
I reach my pension in a few weeks. I’ve managed to survive all the layoffs and BK and I;m eager to end my professional career. Given that I will reach my pension while the company is still in Transform Co mode, I was wondering whether I will have any... — read more
All associate town hall April 4th
Town hall April 4th 10am central time Hope we finally find out some details About the future of the company in this town hall
Retiree. Life insurance cancelled
Sears sent a letter to retirees that their life insurance was being cancelled. My 85 year old mother received hers March 15.
Toilet paper now used as a filler in kmart shelves
It looks funny in the food section.....there is some snack food, then some soda, then gallons and gallons of water, and then a bunch of large toilet paper packages. What an interesting mix.
Why is Sears running even worse under Transform than it was under bankruptcy under SHC?
Exactly what were the powers that be doing the whole time besides plotting to lose billions per quarter, closing stores, alienating vendors, coming up with zero marketing, and no go forward plan, hitting the ground with a thud? Were Eddie and the 3... — read more
Home Improvements
I got out of home improvement sales a few months ago. I could see the writing on the wall. Does anyone know what actually happened with the service dot com offer for SHIP and why it fell through?
Pampa brand
Most pantry at our Kmart is Pampa. Stuff is from Egypt, India, Poland, China, USA, and other countries. Isn't it high class to have such a cosmopolitan brand ?
April 6th is deadline to sign papers for new company
If you choose not to sign you can’t work for the new company!
When are we going to hear some plans for the future?
That is if there is any future for this company. In any case it’s about time they announce what will be their plans for the company and some sort of strategy that could potentially make us survive. Will such an announcement be made any time soon or... — read more
Current employees of Holdco or Oldco
Since fast buck Eddie has to pay back millions of $$$ to the BK court to pay for claims. Guess where those big bucks are going to come from? Not his pocket, but your pocket. Pretty dang pathetic that he already spent the money on himself. Now it is... — read more
FAREWELL ROUTING
Farewell old friends, I'll see you in the Twilight Zone.
Is there a map of Sears footprint in the U.S. I wouldn't buy anything with a warranty.
There isn't a Sears anywhere within 100 miles from me. But even if there was I'd need to know where the others were before I bought anything. Is there a way to see what is left and where you could go for warranty...expecially Auto services ???
Transform Holdco Agreement
Seniority with “old Sears” is not mentioned in the agreement. Us long timers are worried we will have to start from zero again? What will happen?!??!?
Spend $60 get $60 in points
So if I spend $60 at sears on 3/29/19 (available next day 3/30/19) Would I get the 2nd $20 on 4/1/19? Or wd that be too close and would not be credited til 5/1/19? Just wondering if there is a set amount of time between the purchase date and the 2nd... — read more
Overkill on sidekicks!!!
Use to be okay for sidekicks every other quad in isle and a few scattered towards the back.. Is it really paying off to have a sidekick on every single quad, t-stand, every fixture on the wall?? And you better not miss one fixture or you will be... — read more
Ohio Meeting
What went on in Ohio last week? Bunch of nothing?
Drain the Swamp!
My store manager is so useless. I don’t understand how they got the job. Makes up policies, drinks the kool-aid, can’t do normal store functions and hides from customers. The store manager lives in a bubble. Store manager has favorites and treats... — read more
Truth or Fiction
Shipments of patio and lawn decor on the way. Apparel downsized. Grocery downsized to dollar items. No matresses. No hardware and auto. This will increase sales. Full time workers are going away as are vacations. The name will be changed to Holdco... — read more
EBITDA and Sears, what pure unadulterated BS
For a company like Sears and now Transform, it's so worthless it's cooking the books even worse than Enron. "Profitability" of a store what a joke. Eddie ignored the depreciation amortization and maintenance of stores as they decayed into worthless... — read more
Our sears store has a pretty massive mattress are$$
And you wd thing the selection of sheets and other bedding would compliment the area since I think a lot of people would buy a new set of sheets for their new bed.. Our sheet selection is very limited, I think we have maybe a total of 10 sets of... — read more
Our sears store will no longer be selling small appliances
How strange! We use to have a pretty massive selection of coffee pots, slow cookers and just about anything you would need in your kitchen. From basic brands up to the hemorrhage elite brands. We are now down to maybe 4 bakers racks of products with... — read more
Did your stores lease is up in Oct 2019
Will they be renewing the lease or just close the store?
Where are the most profitable stores located
Are the profitable stores in one particular state or are they scattered all over If sales in other stores are like ours, I don’t know how any of them can be profitable without customers
36 planned to close
Beginning May 2019 the plan to close 3 stores a month will begin. This is to further cut costs and focus on only on the most profitable stores and categories. This is part of Phase 1 of the new business plan and transformation.There will be a total... — read more
The second chance
I think that everybody sees the writing on the wall at this point. I’m not hoping for anything at this point and I see this situation as another chance to find another job, while I’m still earning my paycheck/ So, maybe we should see this as a... — read more
Here we go again, time to request a new judge maybe?
https://www.google.com/amp/s/www.wsj.com/amp/articles/bankruptcy-judge-pushes-new-sears-to-resolve-dispute-with-old-company-11553203211