Now the Penneys appliance customers will be frolicking into Sears stores. A nice step to regaining the top dog spot in appliance sales. I have a 50 year old Kenmore fridge still chugging along in the basement keeping my cases of beer nice and cold... — read more 

It just wouldn't look good after all the talk of preserving jobs.

https://www.foxbusiness.com/retail/u-s-bankruptcy-judge-has-approved-lamperts-5-2-billion-bid-for-sears

Let the next guy have a go at it

Sad reality is that the main competitor of Sears is pulling in nearly a billion dollars a day in sales and is expanding rapidly. I believe sears was losing 40 million a day and no clear plan on how to stop the burnnnnnn. Didn't the transformation... — read more 

So now the long road to recovery is on. At least there is a fresh outlook... Oh wait a minute! Didn't ESL buy Kmart out of Bankruptcy? Everything was glorious and wonderful after that wasn't it!!! Grabbed another retailer and then took the 2 back to... — read more 

When does service company and technicians shut down since Eddie wasn't interested in purchasing them?

Feb 28th comes to mind

Just asking for a friend

If I don't pay my bills like my utilities they shut me off. Time for the utility company's to shut off sears and Kmart for nonpayment.

EDDIE GOT SEARS , CNBC.COM

I honestly hope that it is, in fact, decided today, with no more extensions, deadlines, objections..etc. Get it over with already, whatever the outcome is. https://edition.cnn.com/2019/02/07/investing/sears-decision/index.html

Posted Feb. 7, 2019, 10:21 AM Pension Benefit Guaranty Corp. will support Sears’s sale to Eddie Lampert’s ESL Investment and agreed to reduce size of its claim from $1.7 billion to $800 million, lawyers told the judge overseeing the retailer’s... — read more 

As you ponder your final decision today, please consider the legacy of your role and the consequences your decision will have for years to come. As noted in several poignant posts below by @XvExfno, @Xu9sMBf, and countless others, you have an... — read more 

Looks like a lot of changes, maybe this is it?

https://www.google.com/amp/s/nypost.com/2019/02/06/kmart-stiffed-st-jude-childrens-research-hospital-on-donations-court-docs/amp/ Absolutely disgusting! Kmart is holding on to st Jude donations that customers gave thinking it was going to children. I... — read more 

PLEASE TAKE FURTHER NOTICE that the Debtors will appear on February 7, 2019 at 9:00 a.m. (Eastern Time) before the Honorable Robert D. Drain, United States Bankruptcy Court for the Southern District of New York, Courtroom 118, 300 Quarropas Street... — read more 

863 pages if anyone is interested LOL

https://news.bloomberglaw.com/bankruptcy-law/sears-judge-urges-buyer-creditors-to-negotiate-changes-to-deal-1

The only “winner” in this plan is Eddie. He does not give a wit about the Sears or Kmart associates. He’s proved that over and over again. It’s disgusting that he is using associates as leverage, saying he’s “saving jobs” when his real motivation is... — read more 

Glad that the media is talking about the real motives of Eddie’s strategy, given that they didn't speak on the subject other than the formal reporting. Finally, it’s becoming obvious that Sears can’t survive in any form and that this smaller... — read more 

All of the speculation on here about the motives of the judge, ESL (Eddie), Sears (Eddie), secured creditors (Eddie) is nauseating. We'll never know the true impact to the business or our own employment until the judge hands down his decision this... — read more 

Docket 2427 For what it's worth.

https://www.cnn.com/2019/02/05/business/sears-store-closings-ahead/index.html

Scuttlebutt around HE is ESL has found a ceo for Sears NewCo and here SHE is: https://www.macrumors.com/2019/02/05/angela-ahrendts-leaving-apple/

Whatever happens in the next day or two, it’s going to be a taught time at Sears in the future. Maybe we should exploit the fact that the spring season is just around the corner and a lot of retailers are hiring workers. I waited long enough, I'm... — read more 

Someone that actually went to the hearing said the unsecured creditors didn't fare too well with the judge, didn't come prepared and were basically criticized for wasting time. I suspect that if this is the direction things are heading. This will... — read more 

“Transier acknowledged that Lampert's plan included possibly three store closings a month this year, the sale of $600 million of real estate over the next three years and unspecified cuts to staff.“

https://www.usatoday.com/story/money/2019/02/04/sears-esl-deal-could-unravel-judge-continues-bankruptcy-hearing/2731794002/

Regarding docket 2312. Docket 2312 is about a plan “Sears Oldco” exiting Chapter 11 whole. This is actually the public company that has current shareholders. I do not believe in their plan for many reasons; but it is their stated goal. I’d been... — read more 

What happens then? Is it immediate liquidation, or can the judge approve another deadline to put in a new bid? Is there any room tonegotiate?

Seems like some Kmart stores are having their electronics department slashed down to near nothing. Anyone know what’s gonna happen to this and other departments? This is a disaster waiting to happen

Wake up. This is a Sears/Kmart liquidation. Listen to the Liquidation Conference calls every Friday in closing stores. They are run by Sears and Kmart people. This is not a chapter 7 liquidation controlled setting. It is Sears and Kmart controlled... — read more 

That hates our store and came right out and said he wants it closed! Such a morale booster to say the least How much clout does a DM have to go back and request a store to be closed