Thread regarding Sears layoffs

SEARS Headquarters Sold, A&E moving out in September

Can’t make this BS up… the corporate office has been sold and Factory Services must find a new home before September.
The Management trying to stay hush about it, but I believe this is it… it’s a wrap, exit-stage right!

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| 4601 views | | 21 replies (last September 10, 2022) | Reply
Post ID: @OP+1hOCwxt9

21 replies (most recent on top)

Liquidators are currently selling off what is there. No one is saying who bought it, but Oct 15 is the cut off date employees need to be out by. The word is that the place is going to be gutted and demolished starting in Sept.

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Post ID: @Qdip+1hOCwxt9

Sure, you can make the people work from home. But what about all the servers? Won't somebody think of the servers!?

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Post ID: @rmmo+1hOCwxt9

I hear there wasn't enough of an infrastructure to convert it to anything much. I heard a rumour about it selling to a Co. to turn into a data center. They have liquidators onsite every day.

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Post ID: @nauj+1hOCwxt9

My group was told to remove personal items by Aug 1st. While others were told nothing. I heard
everyone has to be out by Oct 15th. Offered downtown Monroe St. office location if an office was needed.

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Post ID: @dtlh+1hOCwxt9

The place is a slum anyway. No work was put in to maintaining it. Massive roof leaks, long gone carpet, terrible HVAC.

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Post ID: @dbsn+1hOCwxt9

can someone take and post photos?

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Post ID: @4qfz+1hOCwxt9

The flags are not only down, the flags are completely removed from the poles on which they used to fly.

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Post ID: @4smg+1hOCwxt9

Sears and K Mart flags are down from H.E .
Went through there today, ghost town but did see surveyors and a truck with Bryant or Bennard construction on the side.
What was once a thriving city looks like an empty shell. I have seen the trucks with no plates lined up in the back, just hollo looking there.
I really don’t know what’s going on with Factory Services, but it seems the writing is on the wall.
Sorry guys

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Post ID: @4tfs+1hOCwxt9

Confirmed from a tech that their moving out, the Building had a few construction companies surveying the property and A&E is selling off majority of the fleet, selling Truck stock and all the tools (in House) returned to NEC.
Now I’m no rocket scientist, but it sure looks like a liquidation sale to me🤔

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Post ID: @2wcy+1hOCwxt9

This has NOTHING to do with current Sears or Kmart store operations. Many companies are just having their main office-employees work from home, so they are selling this place to rduce overhead. The people will just work virtually. Again, a nothing-burger, A.K.A., much to do about nothing. The current Sears/Kmart stores are continuing as planned for now, until and unless a closing is announced, and none seem to be forthcoming, except for the occasional Hometown.

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Post ID: @2uio+1hOCwxt9

I called that part of I-90 death row until my last day of employment by Sears Holdings in 2019. Ameritech/SBC, Allstate, and Sears we’re all on the North side of the tollway within a few miles of each other. Two are long gone and one will be gone anytime now!

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Post ID: @1drd+1hOCwxt9

Although this scenario is entirely possible, it won’t necessarily affect the open stores. There hasn’t been much in the way of activity at this facility in recent years anyway, and maintaining an HQ of this magnitude with what’s left of this company wouldn’t be cost effective.

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Post ID: @1gyl+1hOCwxt9

Kmart headquarters in Troy, Michigan, has been empty, neither reused nor demolished, for 16 years.

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Post ID: @1aoh+1hOCwxt9

Drove by Sears HQ last week. Hardly any cars in the parking area and the whole property and buildings had finally been cleaned up.

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Post ID: @1txu+1hOCwxt9

@1pvz+1hOCwxt9 it’s very plausible that it could be demolished, that’s what happened to the Allstate complex that was located east of Sears HQ in Barrington several years back. It wasn’t a very old building either, Sears HQ is over 30 years old

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Post ID: @1ulq+1hOCwxt9

Does anyone have something of proof here, or just more speculation?

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Post ID: @1rmc+1hOCwxt9

@uat+1hOCwxt9 raises a plausible comment that was predicted. Do a Google search on "Sears headquarters demolish." You'll find an article called the "Big Empty." In this article it was written, based on input from commercial RE people, that Hoffman, if not sold quickly to a client that would continue to use the complex as an office building, might see its demolition. Hope it doesn't come to that, but the possibility has already been put out there. One of the finest buildings in the USA torn down. It's sad. (Also, finally a post with some substance, and not the nonsense we usually find here.)

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Post ID: @1pvz+1hOCwxt9

So that last vision we will have of the interior of Hoffman is the movie Christmas is Cancelled? What a fitting ending.

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Post ID: @gih+1hOCwxt9

Not yet listed as sold here: https://transformcoproperties.com/properties/sears-in-hoffman-estates-il/

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Post ID: @dny+1hOCwxt9

It’s all Hush, but all the offices have been cleaned out and moved & a construction company surveying the land. Possibly demolish

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Post ID: @uat+1hOCwxt9

Who did they sold it to?

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Post ID: @ugr+1hOCwxt9

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