Let me start by saying bob is a d--k ! It basically felt like they were telling us they we were not doing our jobs and it was our fault that their Saturday sale failed because we didn’t get the word out. Kind of hard to get the word out if we didn’t... — read more 

If they really want to move forward with the 505 stores, they should have stuck with one format. That’s how you know there is no intent to continue. Other than Eddie wanting the real estate, who wants to acquire a company that has an identity crisis?... — read more 

https://www.nytimes.com/2000/12/29/business/montgomery-ward-to-close-its-doors.html

I was laid off over a year ago and I asked an innocent question on here regarding the criteria for who gets let go and who doesn't. Got all sorts of smarmy replies saying I was likely the weakest person in our division, my position wasn't important... — read more 

Here’s what everyone seems to miss about Eddie. He has always wanted the RE from the beginning. Just when, was the question. He needed the company to go under to get the property or it would go under when he would get the property. He hired no one... — read more 

Fast eddie wants a smaller footprint (500 stores) there ~68k employees left If 500 store ruins need AVERAGE of 75 peeps for store & support staff that mean ~30.5k peeps are still left to be released from employment Are the legacy pos and computer... — read more 

When the company declared bankruptcy Oct. 15, it filed a budget with revenue forecasts of $241 million for the week of Christmas and $1.93 billion for the two months ending Jan. 12. But an updated budget filed Friday shows only $215 million the week... — read more 

@berniesanders: The Sears bankruptcy is a prime example of what a rigged economy looks like. Vulture capitalists have hollowed out a company to line their own pockets. It’s time for an economy that works for all of us, not just the wealthy... — read more 

Just curious if sales company wide are better than expected since there was not really great deals in the ad.. Since this is a do or die season for Sears/Kmart was wondering if we are " sleighing" sales as mr Boutrous had claimed we wd be doing...

Although current Sears shareholders have lost almost their entire investment, tens of thousands of employees have lost their jobs, and creditors — including the U.S. government — and others are owed $11 billion, Lampert has still made nearly $1.4... — read more 

I HATE the slow unresponsive touch screen system. It used to be so quick using nothing but keys

2,900 out of 3,500 stores have been fully liquidated, with more on the way. Utility and property tax bills aren't getting paid and haven't been in months. Products have been discontinued because vendors aren't getting paid. Product isn't coming in... — read more 

Why not just hang giant banners and say 'everything is free!' at this point?

Why are you whiners still here complaining about it instead of moving on with your lives? Isn't unemployment at an all time low or something like that? Or are all of you so unemployable that no one but Sears would hire you? It's so obvious Eddie is... — read more 

Last week, one poster mentioned that those in the Sears Pension plan had to file with the Prime Clerk to protect their benefit. This is not true. I called both the Sears pension center as well as Prime Clerk and this is not required. The only... — read more 

Canadian Superior Court has given green light to 2 lawsuits alleging a 2013 dividend payment was unwarranted A court decision has given Sears Canada retirees hope they can recoup some of the millions of dollars missing from the now-defunct retailer's... — read more 

We need cash, new promotion this weekend

This is an interesting item. https://www.bizjournals.com/phoenix/news/2018/12/03/u-haul-shells-out-millions-for-shuttered-kmarts.html?ana=yahoo&yptr=yahoo

The district manager quit the other day. The writing on the wall is now being written with a 3 inch brush!

We're on the list of 505 stores if that means anything. Has anyone else heard anything like this?

Self-dealing is the conduct of a trustee, attorney, corporate officer, or other fiduciary that consists of taking advantage of his position in a transaction and acting in his own interests rather than in the interests of the beneficiaries of the... — read more 

https://www.youtube.com/watch?v=MX6-lPXsUZg "Sears Holdings was toast a day after Kmart merger closed, that was the merger between Kmart and Sears Roebuck. There was never a strategy that would ever have been viable given the way Lampert chose to run... — read more 

Don’t get me wrong, the employees are 100% right asking for a severance fund to be established, but I’m afraid that writing letters to the leadership and formal demands are far from enough. Time is at the essence and I think that we need to speak... — read more 

Any ideas on when will we finally know if Sears will manage to somehow - although I can't figure out a way how right now - manage to dig itself out of this hole we are in or if we'll see a full liquidation? This whole will it or won't it has been... — read more 

Assuming a miracle happens, and SHC somehow survive bankruptcy, what is Kmart going to sell? I was doing gap elimination in auto/sports/DIY and pantry the other day and noticed that 95% of the merchandise was "discontinued" and missing order points... — read more 

From far away it looks like they are well stocked. But when you look closely, there is only only one item in a slot. If somebody actually bought an item, there would be a gaping hole in that slot. Those tricky devils !

Got a new job where there are not weekly ad sets and it’s a great feeling

https://www.theglobeandmail.com/business/article-sears-canada-pensioners-reach-settlement-for-48-million/ Sears Canada Inc. pensioners have dropped their bid to recoup all of the money available to remaining creditors in the retailer’s insolvency... — read more 

I know that it’s a hard time for all of the workers, and this article tells the story of some Sears employees that were let go due to the liquidation processes at their stores. Fond this to be a symbol of everything that we are going through. It also... — read more 

Shares of the spinoff debuted at around $30 and prospered briefly, but it has been almost all downhill for the past five years. A combination of pricing pressure in Sears Hometown's core appliance market and general retail malaise has led to a long... — read more 

SHC hasnt paid vendors or utilities in months. Our store keeps getting notices from the electric, gas and sewer companies to pay. A few more local contractors who did work on the building havent been paid since summer. SHC is paying no one and the... — read more 

I'll miss having a job where everything felt pointless because we barely had any customers, oops I mean members and goofing around all day because our aging inventory barely sold with emptying shelves that never got restocked. Some days we didn't... — read more 

The Sears/Kmart debacle is certainly the easiest to forecast. Down to just around 500 stores – combined – these two venerable nameplates are mere shadows of their former selves when each was at one time the largest retailer in America. It doesn’t... — read more 

These people are just communist vultures looking to ultimately extract donations and political support from people they consider to be already traumatized by belief in a company and job loss. The only victory that can claim is $600 bucks a piece for... — read more 

https://twitter.com/YahooFinance/status/1067104583166488576

Laid-off Sears workers left with nothing – and they say wealthy bosses are to blame Thousands of workers have been fired and outrage has been directed at the stewardship of billionaire CEO Eddie Lampert Michael Sainato Sat 1 Dec 2018 06.00 EST Last... — read more 

The data shows foot traffic at Sears and Kmart was down 14% over the three days that followed Thanksgiving, compared to the same holiday weekend a year ago. Traffic was down 17% on Black Friday, 7% on Saturday and 16% on Sunday The company is hoping... — read more 

It should be readily apparent to everyone now that there is a Go Forward total liquidation plan even if Eddie acquires the majority of properties in Ch 11. The only difference is whether the total liquidation is done by Eddie or under the bankruptcy... — read more