If you want to hang out on unemployment good luck....So many are looking for quality and dedicated associates like Sears unintentionally made...you won't be long until you've been contacted....really first hand experience. ... you have been gifted... — read more
Do you think Sears will emerge out of Chap 11 or dive into Chap 7?
My guess is by Nov or Dec they will declare chpt 7. The 142 stored will have the DC merchandise emptied into them the remaining stores will announce liquidation around Dec . Sorry abt the ppl heavily dependent on this job but I am sure you will be... — read more
Investigate the higher ups
If the press were truly wanting a story then they would be investigating the home services manager John, his wife (former Sears Holdings Accountant), and everyone from there up. Get ahold of John’s expense account receipts and you would have a book... — read more
Kmart employee chokes up as he makes his final announcement before the store closes permanently
McMurray, Penn., store manager Joshua Englert, got teary while giving his last announcement over the PA system. https://www.yahoo.com/lifestyle/kmart-employee-chokes-makes-final-announcement-store-closes-permanently-221954890.html Taking to his... — read more
Some info on how the store liquidation process happens
The key to whether your store's liquidation is pleasant or unpleasant depends on the liquidator in charge. The liquidator who was in charge at our store was a very personable gentleman who made the process as pleasant as possible. However, according... — read more
IS THIS A RUMER -- OR SOMETHING THATS GONNA HAPPEN
THE U.P.S DRIVER GUY TOLD ME TODAY THAT BECAUSE OF THE BANKRUPTCY OF SEAR'S HOLDING .UP.S. MIGHT NOT PICK UP OUR PACKAGES THAT WE SHIP OUT """ONLINE ORDERS""" UH OH NOW I HAVE BEEN HEARING A LOT OF THINGS BUT HE SAID THAT IT HAD TO DO WITH WANTING... — read more
About the only evolving Sears did was introduce the shopping cart to stores
Can you believe there was a time at sears where there was not shopping carts?? Even in 1999 they were balking at the idea of having customers push shopping carts around in stores but finally did realize it was a good idea But there still haven’t been... — read more
Looking back........
Were Chuck Conoway and Mark Schwartz really that bad?They at least tried to compete with walmart by lowering prices.And we got a Christmas bonus with them in charge.Sure they raked the company over the coals,but were they as bad as Eddie?
Social Media Campaign
They just announced a great social media campaign. The “Thanks for the love” post was uploaded 11 hours ago. Only 500 people bothered to like or comment. The level of engagement is abysmal. The Chief Digital Officer should be escorted out of the... — read more
From first day orders 114: Severance
The Debtors are authorized, but not directed, to continue programs and maintain funding in the ordinary course of business with respect to the Severance Program; provided, that nothing herein shall authorize a payment prohibited by section 503(c) of... — read more
So Sears already spent $200 million out of the $300 million it was given?
What other loans have there been, or was the $300 million all that was given? Wasn't Eddie Lampert thinking about lending an additional $150 million or something like that? I can't keep track of it all. Sears has burned through so much cash that if... — read more
Internet Lounges at Sears?
Does anyone remember this? He said it was rolled out in 100 stores but the store level staff didn't buy into it so it was sc-apped? This article actually made me rethink Eddie a little bit... — read more
Hedge funds and private equity firms are destroying the real economy
Maybe it’s too much to start another thread on the topic of reasons and origins of Sear ’s way to BK, but this article is something I think many of you will find interesting. It generally underlines the role of hedge funds an private equity firms in... — read more
This article quotes Eddie as being the only person who may have tried to save Sears. I am speechless.
https://www.nytimes.com/2018/10/18/business/sears-edward-lampert-bankruptcy.html
How Sears Lost Its Way
Although this is from a blog which has a focus on churches, I thought that it would fit here since it was talking about Sears... I’ve previously written about what the church can learn from the retail slide into the economic abyss. But an article in... — read more
Before the inevitable let's put in a few good words abt how Sears helped you?
To be truthful I did feel sorrow with the thought that Sears may finally liquidate. Enjoyed my time at Sears. They provided employment. Well it seems like its time to move on now. Even humans have to die someday. Nothing lasts forever on this earth.
So It Begins
This is probably only the beginning of the legal chaos that will ensue. I venture that SHLD will soon be saying "hello" to Chapter 7 bankruptcy!... — read more
Ponzi scheme comes to an end
Before BK SHC was using inventory to back the loans. It was a shell game of ordering inventory and using that inventory to cover the previous loans and then hoping that they would sell that product to have enough money to cover the next loans. It was... — read more
Sears Burns Cash While Betting on Lampert Loans for Survival
Burning through 2/3 of non-ESL financing in the first month alone. https://finance.yahoo.com/news/sears-burns-cash-while-betting-110024187.html
Are there any liquidation survivors out there
That could tell current employees what to expect? Do they keep all the current employees and add theirs if needed? Do they force you on the registers even if you’ve never done cashiering in your current role? What is it really like to work under... — read more
Distribution Centers to close?
Anyone have any information on when and if the 6 Kmart distribution centers will be shuttered?
The Christmas shop is up looking cute
When do the trees go on sale? We still have patio sets that nobody is buying even at reduced prices Plus first time in 12 years I’ve been working there we now have a toy department.. way upstairs when it shd be close to the Christmas stuff With its... — read more
Manager Told Me To Push Sears/Kmart on Social
Today my manager “encouraged” me to post on all my social media accounts about how we’re open for business and to ask that they consider Sears/Kmart for both immediate and holiday shopping needs. Has anyone else been “encouraged” to do this? I’ve... — read more
Member wants to do something nice for closing store associates
Hi all, I'm a long-time member of my local Sears that is on the most recent closing list. I know many of the store associates by name (and they know me by name); they've all provided me with excellent customer service over the past few years. I'd... — read more
The agony continues- Eddie remains a crucial factor
This is an interesting article that summarizes the role of Eddie Lampert after ch 11 was filed and emphasizes the paradox of the whole situation. I recommend it as a good read to anyone who is interested in the Sears, post ch 11 situation... — read more
Zone Managers should go along with DMs.
Drain the swamp.
Checks Bouncing
Vendors and Personal Shoppers are the first to experience Sears' bounced checks. Vendor payments and commission checks are being marked REFER TO MAKER and returned unpaid as of Monday, along with $29-35 returned check fees charged by the bank. Do not... — read more
Might as well stop selling appliances
Almost mostly every item we try to order in laundry is unavailable including Kenmore. We are getting cancellations like crazy. It’sh--ting our commisions and we can’t make money if we can’t sell. This has to be illegal. How are we on commision but... — read more
You are a valuable asset, thanks to Sears!
And you thought Halloween was scary. No... scary, is being unemployed, worrying about what the future holds, how ur gonna take care of yourself and ur family... THAT'S SCARY! I left earlier this year, after 20+ years & found out that employers are... — read more
Sears auto center
So we can't order tires. Can't order oil. But are still being pushed to sell sell sell and to get new commercial customers. What kind of message does that send if I get a enterprise or avis to send me cars and then have to tell them sorry I don't... — read more
What are you hearing?
Hi. I'm a reporter with Bloomberg News. Would love to hear from Sears people. Email at mtownsend9@bloomberg.net; DMs open at @matt_townsend; signal at 917.334.5889; office at 212.617.1853
Bankruptcy declared during my severance. Medical coverage options?
When Sears declared bankruptcy, I was getting paid severance. I was paid on 10/15. I’m assuming that the 10/15 deposit was my last check from Sears. I don’t want to risk being without medical coverage. I would appreciate answers to the questions... — read more
sales increases in all regions/districts
Since filing chapter 11, members have been scurrying in to get the deep discounts, best deals or doing thier part to save the neighborhood Sears or Kmart stores. Even in "safe" stores. It's business as usual. No addional markdowns and yet eveyday I... — read more
Has anyone used the new Unit Integrity for OOS?
I finally found the information on SHC Connect after noticing the OOS icon was removed from snc yesterday. Thanks to information from another thread. (I do not get emails at sears) My store management knew nothing about this but I noticed the job... — read more
Why doesn't everybody leave?
What is to stop everybody from leaving right now? Just packing up and leaving all those who put us in this position hanging? What exactly is there left for those who are still here to lose? We'll all be looking for new jobs soon enough, what's to... — read more
For all you cheerleaders:
http://prospect.org/article/how-sears-was-gutted-its-own-ceo
Nothing but a money grab this chapter 11 is!
Lampert and bankers r working together to capitalize on the Christmas rush that these closing stores will bring. Imagine the merchandise that can be sold at all these stores in the next 2 months. Imagine the transfers "safe" stores will make to these... — read more
Best alternatives?
Anybody has any tips on what the best alternatives to Sears are? Retailers that actually offer good pay, proper hours, maybe even benefits? And some semblance of job security? I know some must exist. I know Walmart isn't one of them, since I worked... — read more
Incompetent Leadership
Why are we still being led by the tired old guard??? Jesse Gonzales, Leena, Mark Hicks. How the f--- does Eddie keep these mo--ns leading the company??? Maybe because Eddie is a f---ing mo--n.