Our prices were already more expensive than our competitors when we had lots of stores. Now we will have many fewer stores and lose the economies of scale in buying large amounts of product, driving up our prices even more. I just can't see this... — read more
New ordering Process
Ariba has been eliminated. Finally sears is cutting costs. Starting Sunday, 2/3, stores will be able to place weekly supply orders via Simple App. Ariba application is being retired. Process A weekly Simple App survey will be sent to stores. · On... — read more
Layoffs
No official changes to the IBO yet... Word on the street is that no store level layoffs this year until late February or Mid March. Any Info..? Nobody seems to have specifics on the cuts coming yet though..? What positions specifically will be... — read more
Reorg plan says Sears plans to open small format stores
Says in the plan they intend on opening 100 small small format stores by 2020
A&E Factory Service
What was the date again that service shuts down nationwide? Someone had posted a while back but I can't find it anywhere. They have about 4200 technicians that are way overpaid anyways for the quality of workmanship that they provide as a whole. This... — read more
Question
With all the creditors lining up for this hearing and so many others, who is going to give Eddie product to sell if he gets the ok to go forward. Workers will be leaving in droves. How is this Mr wonderful going to keep this old relic sailing? Its... — read more
Are all QMTs gone?
When I stopped by at the Sears I used to work at up until about a year ago, I talked with one of my old co-workers still working there and they said that store support was doing a lot of what the QMT used to do, including repairs (unless it was... — read more
U.S. agency seeks approval to take over Sears pensions
NEW YORK (Reuters) - A U.S. agency that insures worker pensions sought permission on Friday to take over two underfunded Sears Holdings Corp pension plans, after objecting to Sears Chairman Eddie Lampert’s proposed $5.2 billion buyout of the bankrupt... — read more
Sears branches of home improvement
Wtf do you think will happen to every PC that is still in individual branches? They have let go 12 all together keeping 1 PC and 1 SM (whatever they are called now that roles have changed). I happen to be one of the PC 's that was saved after the... — read more
NOTICE OF AGENDA OF MATTERS SCHEDULED FOR HEARING ON FEBRUARY 4, 2019 AT 10:00 A.M.
Docket 2367 Looks like a long day
Good News For SHLD Pensioners
There have been numerous posts by fearmongers on this site stating that all SHLD pensioners would have their benefits substantially reduced once the PBGC took over the plan. Those malicious claims were blatantly false! Today's letter from the Pension... — read more
Pensioner advice
How can you have your pudding if ya don't eat your meat! Yes you behind the bike shed! Put another brick in the wall as you build the mall! Long live Sears!
Pension Update
If you are not aware, if you are eligible for your Sears pension but are still working for Sears, after Eddie dissolves Sears and you are still working, but for the New company, I have verified with the Pension Office that you can begin collecting... — read more
Kmart closing and jacking their prices up - WTF?
Visited a local Kmart that is closing down. I expected some bargains but what I found is price manipulation. Associates are placing price stickers on each item which can be up to double their normal price. They then post a card on the shelf showing... — read more
MOTION OF DEBTORS PURSUANT TO SECTION 1121(d) OF THE BANKRUPTCY CODE TO EXTEND EXCLUSIVE PERIODS
Docket 2312 Debtors seek to: Pursuant to section 1121(d) of the Bankruptcy Code, the Debtors’ Exclusive Filing Period in which to file a chapter 11 plan is extended through and including June 12, 2019. Pursuant to section 1121(d) of the Bankruptcy... — read more
PA WARN Notice
Installation partner for appliances Sears Holdings, DBA Innovel Solutions, Inc. 1055 Hanover St. Wilkes Barre, PA COUNTY: Luzerne AFFECTED: 121 LAYOFF EFFECTIVE DATES: 3/29/19 CLOSING OR LAYOFF: Closure
Even Senator Elizabeth Warren is going after Eddie. This will get interesting.
Elizabeth Warren wants a Valentine’s Day present from billionaire businessman Eddie Lampert. The Massachusetts senator and presidential candidate sent a scathing letter to the hedge fund mogul on Thursday demanding that he answer eight questions by... — read more
GE
Ge is back! SEARS made an agreement. This are already getting better.
Is there even a business plan under court review next week for Eddie's bid?
I know that if/when Sears is taken into private hands with Transform and out of the SEC and public realm, operating plans and balance sheets will only be visible to Eddie. But while this is still tied up in the courts for review and objection next... — read more
Are there ANY stores that are actually safe in all of this?
There have to be some stores that are doing well enough to merit SOME safety in all of this?
Eddie Lampert Has Just Become a 2020 Presidential Campaign Issue
https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2019-01-31/eddie-lampert-has-just-become-a-2020-presidential-campaign-issue
Calcutta, Ohio final Closing Announcement (K-Mart 7209)
I dare you not to feel some kind of emotion after watching this truly heartfelt speech by the manager. Let’s have this go viral, so that the rest of the country understands that Sears/TransformCo isn’t just Eddie. It’s the good people in spite of... — read more
MRC in HE
Is the MRC in the lower level of the "D" building in HE still being used to set store plan-o grams ?
Are they making HE associates report today?
I would hope not but you never know
How is anybody forgetting this?
Who else is also noticing that they're all forgetting the fact that the same guy who bid on this company is the same one who's close what is it like 3,000, or 3,500 stores? Does anyone in their right mind actually believe he's going to be somehow... — read more
Sbarro is now gone from Hoffman. Not sure if true, but heard that the cafeteria is closing soon too.
Store cuts
Any info on store cuts? Full Time, Leads...? I don’t know how stores can run with any less employees!
Sears Driving School has been renamed.
Many of you may not know there was a Sears Driving School. I believe there were only a few locations, in Michigan and Texas. There was one near me, in a free-standing building. I had been wondering if these were going to be shut down or what. Today... — read more
Why are people surprised that the holiday season was a fiasco?
Whoever was in a store during that period saw this first hand, and don’t need to hear it from a company official. It was all pretty clear. Even more at the rate that Sears is burning money not even a perfect holiday season would have made a... — read more
Unhappy Holiday Season At SHLD
Looks like the holiday season provided no profit for SHLD. https://www.cnn.com/2019/01/29/business/sears-holiday-sales/index.html
Lay-offs are inevitable
Lay-offs are inevitable, unfortunately only the people making those decisions can verify if an when they will be announced. Not knowing what the future holds is very stressful and unsettling for a lot of people. Take care of yourself first and hope... — read more
Layoff STORE LEVEL
We all know what’s going on with Eddie, the bankruptcy and Hoffman. When and what positions will be cut at STORE LEVEL...?!!?!? This is a LAY-OFF SITE.
Will Eddie back out of the bid
So with all the debt he's being slapped with, how is he gonna slither his way out of all this? What do you believe will be his breaking point where he's going to realize he won't s--- anymore money and back out of this deal? Or maybe this is all a... — read more
Plan of Reorganization filing statement to bk court.
This will be a big moment for associates, past and present. Not much longer.
Anyone here?
Anyone here especially at HE that worked under the Telling or Brennan administrations? Just curious what this generation of Searsmen are thinking.
Another stealth closure
DARTMOUTH — The Sears in the Dartmouth Mall will close this fall, The Standard-Times has learned. Acting on a tip, The Standard-Times confirmed the plan on Monday. A Sears spokesperson said the store will close in the fall and that the Sears Auto... — read more
Eddie’s job-saving math simply doesn’t work
We all know that Eddie’s talk about saving 50000 jobs as his primary motive to take over Sears was just a very well directed PR move in these crucial times and nothing else. This article paints a good picture of how absurd these claims really were... — read more
You know what I bet it is
It's when Eddie dissolved those severence packages. When those golden parachutes disappeared, those NDAs went poof. Someone has a major axe to grind and went tell all with the UCC.
OBJECTION OF THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS TO SALE OF SUBSTANTIALLY ALL OF THE DEBTORS’ ASSETS TO ESL INVESTMENTS, INC. 1
OBJECTION OF THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS TO SALE OF SUBSTANTIALLY ALL OF THE DEBTORS’ ASSETS TO ESL INVESTMENTS, INC. 1 Docket 2042 The whole thing. Filed today.
Layoffs sometime this week?
Did I get this right? There will be major layoffs sometime this week on store level? In the past several weeks I've read and heard so much about what's going on with Sears and what's going to happen that I am on overload, and I can't tell anymore... — read more