Anyone know what happened in SF today? How will this affect the stores?
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I think the HEAD of PD and Chief of Staph are the same person.
Maybe a better location for apparel would have been closer to the middle of the US. Let’s say.......HE.
When Eddie bought Sears using the money he made by acquiring Kmart on the cheap out of bankruptcy, he made Kmart management the dominant team. What a disaster! The same team that egomaniacally led Kmart to bankruptcy was now running Sears! The Kmart apparel design team was in NYC, led by the person who had spawned Gap’s one time success the “khaki” campaign and who also was the daughter of one of Eddie’s wealthy buddies. The NY office lease was crazy expensive with almost an entire floor in SoHo prime office space, with a team of two hundred or so- designers. Kmart and Sears had separate design teams. Designers had teams of assistants. Travel budgets were through the roof as buyers, sourcing and marketing were still in HE and everyone had to travel for meetings back and forth. Then in 2010 came the brilliant move to relocate all of apparel buying to San Francisco, with design still in NYC. Most HE buyers could not relocate so they hired new buyers at outrageous salaries. Assistants were making $80k! Then they closed the NYC design office and squeezed it into the SF office, again hiring almost all new team members. The NYC location was empty and still being paid for!
The Kardashians line were a great example of "Oh Mylanta, these people have no clue whatsoever of who the members are"
Apparel was dead a long time ago!
About the time the decisions were made to move downtown, New York and SF,
If SHC would have accepted the company for its strength, things would have been different. Sears was known as the place “where your Grandmother shopped”. With all the boomers now Grandparents, the largest segment of the population, the win would of been two fold. Grandparents buying for themselves and buying for their children. A BASICS apparel store with sprinkling of Younger clothes. JR’s dept at the front door, after many years of decline was a mistake.
But arrogance got in the way of trying to be something we weren’t. Anyone remember The Kim K line?
Eddie is slowly shutting down the company, little by little. This greedy little man is only concerned about his own fortunes.
Let's be real though, the majority have been just meandering since Ch 11 hit since nothing seems to work whether you hustle or slack off. Do you think the Office of the CEO is meeting any bare minimum of expectation of a for profit company? Why should SF be different than what leadership takes responsibility for?
SF is beyond remedios. Maybe the next step in running Sears to the ground is to buy from Sears Mexico? At the rate Eddie's name is turning to mud it'll have to buy apparel at retail.
@1axa Cool story, now when will they announce some closing? I would like to whittle down my list of remaining stores.............
It was a m—acre in the SF office today! 80% of the office was laid off and the only people left is just the clean up crew forced to get things in order before the fiscal year ends. Then they will get laid off.
what happens to all the apparel samples stored in San Bruno? That store is closing, are they selling off all the samples too?
HE today, more store's tomorrow. Downward spiral.
How many people are left in the SF office after today?
I was laid off from the SF office today..the whole office was decimated, except for the newly/recently hired Product Development team who are supposed to work with the overseas agents on our apparel. not sure what they're going to be working on!
How big is the offices in SF? How many work there as of now?
What are you referring to?
barely anyone left, no announcements made for anyone to know how to go forward. Not even enough people to fill one of the office spaces we have here.