Topics regarding layoffs at Sears

Topics regarding layoffs at Sears

Pension plan lump sum canceled

I put in for lump sum from pension a few days before bankruptcy. Today I got notice my request was cancelled because of Sears bankruptcy. I have to resubmit request and can only get monthly payment. This is not what I want. I want the lump sum so I... — read more 

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| 2050 views | | 16 replies (last October 29, 2018)
Post ID: @OP+VO7FXiv

really

I keep seeing post about how associates think thier stores are profitable. Doubt it. Unless your store Manager has took you through EIS and broke down your numbers to prove you are profitable. ..then I doubt it. There are very few stores in the... — read more 

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| 1160 views | | 8 replies (last October 25, 2018)
Post ID: @OP+VNgvCQw

Your thoughts ?

No mattress orders coming in , no appliances coming in ! If customers go elsewhere to purchase item , when or how long does it take to regain lost sales ?

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| 1150 views | | 8 replies (last October 25, 2018)
Post ID: @OP+VNBuN4Z

Bankruptcy Fears

Had a few local vendors come in today to try to get their merchandise and were told they could not. One was an older gentleman who was in tears because the check SHC sent him the week before BK was recalled (whatever that is) and he was told they... — read more 

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| 1700 views | | 6 replies (last October 25, 2018)
Post ID: @OP+VN49TDU

November 3rd

https://twitter.com/ElizaHannon/status/1055133061308915712 Sears lawyer announces he’s asking for a DELAY to the hearing for the new loan Sears/ESL has been trying to secure. From nov. 1 to around nov. 8. Precociously said Sears needed the money by... — read more 

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| 1660 views | | 7 replies (last October 25, 2018)
Post ID: @OP+VNakogM

Home Services

Who all falls under Home Services? Is Inovel Solutions being sold off? Are the Call Centers being shut down overseas?

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| 900 views | | 4 replies (last October 25, 2018)
Post ID: @OP+VNS3GhD

Severance

My severance was cut off early due to the bankruptcy. Anyone else? Don't have any dreams that you'll get any severance if you're laid off from here on out.

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| 1710 views | | 16 replies (last October 25, 2018)
Post ID: @OP+VNoyg67

This is a strange lawsuit to deal with right now

Couldn't have this been agreed on outside of involving the court? Seriously? A group of Sears' landlords laid out in a court filing a set of requests for the retailer's upcoming store closures, asking the bankruptcy court to limit the size, wording... — read more 

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| 900 views | | 4 replies (last October 24, 2018)
Post ID: @OP+VNQaIhk

When will layoffs begin?

"Will there be any layoffs sooner cause with so much going on and sears claiming its business as usual, people are going bit crazy. " This is exactly what I've been wondering. We know layoffs are coming, nobody is stupid enough to doubt that. So just... — read more 

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| 1660 views | | 8 replies (last October 25, 2018)
Post ID: @OP+VNErnSX

Retail Crash, and Now the Housing Market

Everyone has blinders on and rages when confronted with the facts, but the facts are the facts. All the denial in the world won't change them. https://finance.yahoo.com/news/troubling-signs-coming-u-s-housing-market-164654871.html

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| 1390 views | | 7 replies (last October 25, 2018)
Post ID: @OP+VMk1aaS

Silent Sears Store Closures

Some malls want to keep Sears' closing sales almost a secret. Among the rules they want: No outdoor signs No window signs within 12 inches of glass Only 5 other signs inside the store Only white signs, no neon No "going out of business," no... — read more 

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| 1430 views | | 16 replies (last October 24, 2018)
Post ID: @OP+VMoxjqH

Will They save the best Kmarts?

Do you think they'll save the best Kmarts? They do seem to be trying harder with Kmart and that seems to be where the effort is going.

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| 1080 views | | 12 replies (last October 24, 2018)
Post ID: @OP+VMLpgex

Downsize them before they downsize you

With all of the seasonal hiring, now is the time to jump. Grab a seasonal position at Target or some other store and get through the holidays with guaranteed income while you can more leisurely seek a permanent position. It is actually better to... — read more 

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| 820 views | | 3 replies (last October 24, 2018)
Post ID: @OP+VMv5K5n

Store numbers

Are stores below a certain number always Sears, and above always Kmart? I'm trying to analyze a list of the hundreds of store numbers and I don't want to look up each one.

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| 940 views | | 3 replies (last October 23, 2018)
Post ID: @OP+VMS58sk

Some vendors said to be halting shipments

https://www.bloomberg.com/news/articles/2018-10-19/some-sears-suppliers-are-said-to-keep-distance-after-bankruptcy (Bloomberg) -- Shortly after filing for bankruptcy earlier this week, Sears Holdings Corp. sent a letter to suppliers asking for their... — read more 

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| 1810 views | | 14 replies (last October 24, 2018)
Post ID: @OP+VM4TVUB

NO MONEY

No money left , went through almost 300 million in past several days just to paint picture for vendors and employees' all is business as usual . No inbound freight , outbound limited , vendors scared' what's next ! Last man out get the lights ! It is... — read more 

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| 2090 views | | 10 replies (last October 24, 2018)
Post ID: @OP+VMm34a5

Anybody else hoping for Chapter 7?

Just to finally have this whole circus done with. People will find new employment. Jobs like the ones at Sears are currently available aplenty. I'm just so tired of Eddie and his theatrics in hopes of milking this company for every single last cent... — read more 

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| 1570 views | | 11 replies (last October 24, 2018)
Post ID: @OP+VMaUeeu

The restructuring plan will paint a more clear picture

When they filed, it was also requested to be allowed to sell portions of Sears Holdings. It was approved to allow them to review and decide on what they need to sell to do a restructuring plan, and then allow a certain amount of time to accept bids... — read more 

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| 920 views | | 1 reply (October 23, 2018)
Post ID: @OP+VMOkiZW

The 21st Century Sears Didn't Go As Planned

A video from the halcyon days of Sears. They sing and pontificate about a Sears designed to serve the 21st century customer. Now that 21st century SHLD is in bankruptcy, watching this exuberantly optimistic video leaves you feeling bewildered... — read more 

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| 880 views | | 6 replies (last October 23, 2018)
Post ID: @OP+VMhS9hM

Objection to a Motion by US Trustee

In part: (Docket 225) The Motion seeks a waiver of compliance with various state and local “laws, rules, or regulations regarding licensing or other requirements governing the conduct of store closings, liquidations, or other inventory clearance... — read more 

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| 1900 views | | 14 replies (last October 23, 2018)
Post ID: @OP+VLwrNMX

With the latest 142 store closings

Is liquidation now 45 days instead of 60? Do the liquidators assign new tasks or do you just keep doing what you did before? How do you keep from becoming sad seeing everything stripped down to the walls? What has been the hardest part of going... — read more 

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| 1240 views | | 5 replies (last October 25, 2018)
Post ID: @OP+VLpZycY

Vendors

They aren't coming back in swarms or will they? Coke, pepsi or any others?

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| 902 views | | 4 replies (last October 23, 2018)
Post ID: @OP+VLCTZRj

Everybody in closing stores should read this

Some of your regular customers will come in at the beginning, but they will often be too depressed by the sight of your store in liquidation to come back later. You will also get a number of people who have not stepped foot in the store in years, if... — read more 

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| 1150 views | | 3 replies (last October 23, 2018)
Post ID: @OP+VLHmtwz

How many people?

How many people are being let go as part of the latest closing announcement? I've read number that go anywhere from 3,000 to as high as 10,000. Both of those seem wrong (too few and too many.) Anybody knows if there is an official number of how many... — read more 

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| 1084 views | | 3 replies (last October 23, 2018)
Post ID: @OP+VLRSUmD

Hmmm... Auction in January 2019?

The sources cautioned that negotiations between Sears, Lampert and other potential sources of bankruptcy financing remained fluid and might not result in a deal. Sears filed for bankruptcy protection in White Plains, New York on Oct. 15 with a plan... — read more 

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| 1370 views | | 2 replies (last October 22, 2018)
Post ID: @OP+VLvGNv5

Halloween costumes 100% back in points

Kmart has several halloween outfits 100% back in points. How exactly does Sears expect to survive giving away stuff for free? Why do vendors do business with sears when they give their product away for free?

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| 752 views | | 2 replies (last October 22, 2018)
Post ID: @OP+VLu80kc

Madhouse

So far it's been crazy at the closing stores. Yet the asm are sitting on company computers browsing Facebook and thelayoff during company time all day. They have given up. Cant wait for the liquidators to arrive. Someone has to steer ship.

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| 1210 views | | 8 replies (last October 22, 2018)
Post ID: @OP+VKFbmVv

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