Itemizes $1.8B of receipts they say they are owed, and transactions that they say Eddie screwed them on funneling them into his own pockets. Fun stuff.
To say that Eddie has “staved off liquidation” is, at this juncture, factually incorrect.
https://twitter.com/petition/status/1088186370093449217 @Petition on Twitter We've pointed out a few instances lately where the MSM has mischaracterized the current status of Eddie Lampert's proposal to purchase Sears Holding Corp. in bankruptcy... — read more
Legal Fees
$4 million a week since filing for Bankruptcy. Sears better wind this down quick or there isn't going to be any money left to pay creditors or run the company. https://www.cnn.com/2019/01/23/business/sears-bankruptcy-legal-fees/index.html
A&E Home Services affected yet?
Anyone within the corporate bloat at home services been culled yet? I swear the regional and national managers and staffers must outnumber techs and field staff by now.
I wonder if Transforms literal strategy
Is insisting to vendors that they're not Sears. We're Transform Holdco. See my card and email address? Not the same!
Saving Jobs At Sears: The New Math, According To Eddie Lampert
Eddie Lampert as the White Knight riding in to save the day at Sears has to be one of the most absurd – not to mention ironic – images in business today. Depending on the agonizingly complex legal twists and turns in bankruptcy court, Lampert appears... — read more
My gas station has more health beauty items than my kmart
And better prices too
Post any layoff updates here
So far two RVPs and one LP regional. Looks like all Sears guys so far.
Word is Dean Schwartz landed at Lowes
Christ, not only does he bring all of Sears' hardline relationships and Kenmore with him, he can pretty much let them know just what a disaster working Eddie is full monty. Lowes is really the true home of Craftsman now.
68k became 45k in 3 weeks
This is what saving the company looks like? I wonder if the liquidators could have worked faster.
Lampert the next Jimmy Buffett ? - maybe
Even though its tough on those who have lost their jobs, it would be cool if this actually worked, turning this behemoth around and actually posting a profit. Maybe the money made by selling the brands and property can be used to upgrade the stores... — read more
I reach my pension in a few months, what if the “new Sears” isn’t formed by then
There is a big chance that I’m just being confused and the answer is simple, but I’m not sure whether this situation will cause me problems. As far as I managed to understand the situation the Sears as we know it will be liquidated and a new company... — read more
Non accuracy
This is the most inaccurate website Forum anyone can ever go to to try to figure any kind of information out according to Sears. Nobody knows what's going to happen because they're keeping it secret. The only way to find out information is to find... — read more
401k match
So I've heard mixed things on here, what date does the 401k match return?
Is this true?
Eddie’s plan for severance will probably only apply to those still employed by the BUs he purchased when he takes possession of them on 2/10. That means anyone let go prior to the bankruptcy or in the first round of closings will not be eligible... — read more
It;s now about hour cuts, not layoffs
Hours have been cut. Again. They can’t really get rid people at store level after all the screaming about preserving jobs without potentially having the judge order liquidation. They’ll axe the few remaining FT associates, but if you’re PT, your... — read more
Sears Auto
Seems like they are finally cleaning house at Corp in the auto dept. it’s about time !!!
Tax write-offs
People are writing about tax write-offs, that the company will be able to use the previous years' losses as a tax advantage. But wouldn't the company need to make a profit, against which they can use the losses ?
There is no removing Eddie from Sears anymore
In 2 weeks (if it goes thru) he will own NO shares of the company. So there's no shares or bonds of his to sell. No board to direct him or remove him. No shareholders. Nothing. He owns it completely just like you own a pair of shoes. Nobody can do... — read more
Current Inventory Levels in Stores
I went to a Kmart on a mini road trip for the first time in months. SHC has totally left my metro area for both sears and Kmart and the nearest Kmart is now 90 miles away. My Kmart closed in September so I haven’t seen a Kmart store not in... — read more
So much for saving jobs Eddie!!!
Sears warehouse in Hanover Twp. closing DENISE ALLABAUGH / PUBLISHED: JANUARY 21, 2019 The massive Sears warehouse which spreads through Hanover Twp., Sugar Notch and Warrior Run is closing in May and more than 120 people are losing their jobs... — read more
We need a funny super bowl commercial
What better and easier way to show the whole country that we are back ?
Mark Johnson gone
Mark Johnson has left Company. Huge moves tomorrow. Change is happening.
Sears could be saved, but not by Eddie Lampert
I agree that at this point, with smart management and with tromendous work Sears could be saved. I just don't see Eddie Lampert in that picture. The man who gave the biggest contibution to Sears being in this state simpy can't be part of the... — read more
What can we do?
How can we bring the customers back to Sears? Is there even a way?
Detail control center
Is the detail control center still open? did it move?
The nicest Sears you've ever seen isn't owned by Sears. It's also in Mexico.
Starherald.com, Scottsbluff, NE ©2019 BH Media Group, Inc. You walk into a shiny, new two-floor Sears store in a buzzing, bright shopping center in one of the world’s busiest cities, passing designer garb encased in pink LED lighting while the scent... — read more
Employee pay/benefits with new company
Take it or leave it but just passing this info along for consideration. I recently left Sears and last week had a candid chat with the HR Director at my new company about the current happenings with Sears. He made a pretty good point about the... — read more
The Sad Saga Continues...
Eddie will continue s---ing the company dry, selling real estate, and closing stores. Just when you thought Sears' death couldn't get any slower.
401k match
I just got word today that our 401k match is coming back with Eddie's new money making go forward plan. Now the results are starting to show. Very happy here! There is talk of higher pay too, as the future gets better. This should have happened a... — read more
Sign into 88Sears as a former associate
Can anyone tell me how to log into 88Sears as a former associate? Thank you.
Can i buy stock in transform holdco
Where is it listed ?
Prime Clerk Docket 1730.
Sorry everyone but I got lost and somewhat confused while trying to reading docket 1730 regarding future employment and employment offers. Could someone be kind enough to enlighten me regarding these issues? Thank you very much.
Honest Question..
If the sales of Seras goes through as most articles suggest what happens to the heath plans that employees currently have? Can a union shop close down fire all employees and re open under the new name legally? So many uncertainties....
They have been trying to sell STAC and Home Services for years with no one being interested
They have been trying to sell STAC and Home Services for years with no one being interested . They would tell us they wanted to sell this unit because it was so profitable . That is a lie , they wanted to sell it because it consumes so much overhead... — read more
PBGC Statement Regarding SHLD Pension Plan
https://www.pbgc.gov/news/press/releases/pr19-01
Pensions dumped of the tax payer. Go figure
https://www.washingtonexaminer.com/policy/economy/feds-take-over-pensions-for-sears-kmart-workers
What do we buy from Sears. bankruptcy or not doesn't matter
Clothes - Mostly cheap stuff (Simply styled, no reputed brands, poor selection) Electronics- Still selling CD's , Iphone 4 and 5 case...seriously accessories - Non existent clearance - last summer stuff still available now... mattress - over priced... — read more