Someone from the store posted a letter saying that they were not working on thanksgiving and about 20 people signed it
You'll be alright
Thoughts and prayers to those affected by today's layoffs. Layoffs occured throughout the company today. Not just HE. Our store is still open. I will see another Sears paycheck for now but it's short term security. I will also see another Holiday... — read more
BIG LAYOFF 11/15 AND 11/16
Meeting rooms reserved , employees notified not to work from home Thursday , boxes and additional security on hand for two day event !
Who is most likely to get cut first?
If you want to speculate, I would say the order of operations: Troublemakers and underperformers People in redundant or non-critical positions People in departments that won't be needed during Chapter 11 proceedings Those will likely be the first to... — read more
Laid off today in HE. Post here if you were too
Did you get severance? Did you get WARN? Layoffs all day Wednesday and Thursday.
Sears finalizing $350 million bankruptcy loan with Great American, read the last sentence for enlightenment...
November 14, 2018, 11:33:00 AM EDT By Reuters Reuters By Mike Spector and Jessica DiNapoli Nov 14 (Reuters) - Sears Holdings Corp is finalizing a deal with financial firm Great American Capital Partners and other lenders for $350 million in critical... — read more
Clarity on Unemployment
The U.S. Department of Labor’s Unemployment Insurance program is funded through unemployment insurance taxes paid by employers and collected by the state and federal government. The taxes are part of the often-discussed payroll taxes all employers... — read more
What is it with Sears employees and denial???
Never seen anything like it. What does Eddie put in that koolaid???
Vultures are already out in full force
Not that I can blame them. If you see an opportunity, grab it I guess. Bloomingdale’s to start selling high-end appliances ahead of the holidays as Sears struggles... — read more
Boxes by the Printers at HE today
Any details on who will be impacted?
Any news on SHI layoff?
Any one aware of SHI layoff? Any news?
Reindeer Run
We had our reindeer run today, we didn't bother to follow the instructions. No reason, we didn't see the point. We just radded and clean up the cashwrap and just made look pretty. We have a ton of stock and merchandise in the back. And guess... — read more
Do you still have to ask about the credit card and SYW?
Do the customers still have to be pummeled with the credit card sign up and the SYW membership now? Or has that stopped? Don't see how these metrics matter anymore as far as keeping your job. In my area unemployment is very low so keeping a cashier... — read more
Oout
What If you're out on workers comp?
Severance
Hourly: 1 week for every year, capped at 4 weeks Salary: 1 week for every year, capped at 10 weeks
And another side down
My store is a large Sears, fully stocked, looks great, everything available we have always been known for. Plenty of traffic, people ready to buy... and nobody to ring them up! Slow burn, Black Friday will be a disaster. Members walking away from... — read more
Don't work on Thanksgiving
All Sears and Kmart employees should boycott and walk out. What are they going to do, fire you? They are going to fire 50 percent of the sears/kmart employees after black friday and this is a FACT, not fake news. You NOT getting any severance, and... — read more
One last prod in the rear end, courtesy of Sears
Laid off in June 2017, filed for unemployment, which ended in December 2017. A week after the bankruptcy was announced I get a notice from unemployment saying I got 2 weeks of UI while I was still working at Sears and owed them the money. Turns out... — read more
Sears is seeing its last days, accept it
People who keep posting everything will be okay with Sears, or somebody told them they are safe for at least five years and they believe them...are you for real? I'm honestly trying to figure out if those people are just trolling or if they are... — read more
Just got off the phone with a good friend of mine. He gave me a heads up.
I've known this guy for years, he worked over 15 years for Sears before they let him go 3 months ago. He still has a few contacts in the upper ranks, pretty high up. Now I'm sure some will say because he was fired, that automatically makes him a... — read more
Major Corp layoffs this Thurs, Fri
This one will be much bigger than the previous ones. Massive cuts!
Does anyone know what will happen to SYW?
There’s talk of us spinning off, there is talk of shutting down. I don’t know what to believe?
PBS: The Fall of a Retail Icon (Why America Stopped Shopping at Sears)
https://www.youtube.com/watch?v=FhrK3GKNmLY
Interesting observation...
Next court date 11/15 - Tanksgiving / Black Friday 13 days later - Is that really enough time to receive / display goods / products for the holiday selling season ?? Personally I doubt it Where are all the deniers touting the receipt of goods to be... — read more
Creditors are losing patience
Found this to be a demonstration of how everybody involved is losing faith that Sears can survive this in any form or way. I know that the creditors ( especially unsecured ones ) are afraid that the money is going to burn out during these efforts to... — read more
Anyone who thinks that Sears won't be liquidated by Christmas should read this opinion of the Creditors
https://restructuring.primeclerk.com/sears/Home-DownloadPDF?id1=MTE2NjE4 &id2=0
Prime clerks website
Last updates to their website was on 11/9/18 Normally by 11am DST they have new updates for the current date except for the weekends... Very quiet today.. Wondering what's going on Anyone any information
Meeting today with creditors
t said creditors who are owed money by Sears and whose debt is not backed by hard assets such as real estate or credit card balances, will pay for Sears' attempt to stay in business. "Unfortunately, and notwithstanding desires to the contrary"... — read more
This will truly be a Black Friday for Sears
What goes around comes around.
Lampert’s ESL Fires Back at Sears Creditors
By Lillian Rizzo Nov. 9, 2018 1:33 p.m. ET Former Sears Chief Executive Edward Lampert’s ESL Investments Inc. has shot back at allegations made by unsecured creditors in their call for a deeper look at the debt transactions tied to the firm. The... — read more
More store closings this week?
Are we looking at even more store closing announcements this week? Somebody mentioned that they plan to trim everything non-essential before holidays and that officially starts next week. I also don't see them announcing more closings on the... — read more
Why we stay
We stay because we like our jobs and like the people we work with . We stay because it’s been a fun place to work at. We remember the days we had 40% market share in appliances and dominated the market . We remember when we were innovators and... — read more
Are they asleep at the switch?
The ad sets are getting more and more wasteful as time goes on!! Why on earth would there be a need to basically reprint last Thursday’s ad a couple days later only to move the end date up to the 12th? Changing end dates of the 17th, 20th, and 25th... — read more
Sears stores, retail stories fit for retelling
Sears stores, retail stories fit for retelling by RICHARD MIZE Published: Sat, November 10, 2018 5:00 AM Sears, RIP in bankruptcy, was such a mainstay for so long for so many of us, it's no surprise my trip down memory lane last week prompted some of... — read more