I'm just curious because there doesn't seem to be much here that says it. At least, no serious posts. I visited the store I worked for a few days ago. I didn't bring up the state of sears for obvious reasons. It would be a jerk move to bring it up considering I'm no longer with the company but they are. The general feel of the store seemed kinda gloomy. More than it usually is. But no one gave their thoughts about it outright and I didn't bother to ask. Aside from your managers who are required to say whatever needs to be said to maintain order, is there anyone else in your store who really believes sears will bounce back? Or is it kinda a taboo topic like in my case?
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1ggn- you do that and we'll see how much you have left at the end of next year. Eddie was a wiz on Wall Street and made money for the company he worked for. But being a good financial wiz and running a real, live business, especially a retail business is a totally different animal. And if you want to see how everything has worked out for Eddies hedge fund and his investors just take a look at what the hedge fund had in assets five years ago and what it has today. 74
Me!!!
If anyone can pull this out of the ditch, it'll be this guy.
He's connected enough to get his way on Wall Street and the Treasury.
I would think about putting up $400 and buying a block of shares and letting it ride just for the heck of it.
1mzq-He/she said something like that because it is true!! For many this job and this company is their live and livelihood. They have made a career out of this company and have give up much to try to make it successful. Many have been given the old "everything is fine", " bit for far too long and they are scared of the future.
So when people see how the company is run, they see the stores lack of maintenance and upkeep, they see hours cut and people let go as well as many more things, they have a right to question and be scared of what tomorrow will bring.
If you want to belive that SHC can make a comeback and that somehow we are doing well I would suggest you take a little trip to Wal-Mart or Costco and see how many people are in their stores. See how many UPS trucks and USPS trucks come into your neighborhood to deliver good people bought from Amazon. Then take a look at the parking lot in front of your store. Look at your sales for the day, which are probably what your local Wal-mart brings in in an hour. Or try ordering something from Amazon or Wal-mart and also Sears and Kmart and see what item gets to you sooner. Take a look at the box it came in, try retuning the item and see what is the better experience. After doing all these things come back and tell us your findings and let us know how much faith you have of SHC surviving.
Believe it or not their is people that actually think Sear has hope. I don't know how since their tons of debt. We havent had a breaking point with great news. Stock keeps going down. I mean what else do you need here to prove that the company isnt turning around unless you get someone that has a ton of money and is willing to invest with a real idea might have hope.
In my store managers will sugar coat it. All they will do is harass you and milk you to make as much credit apps, PA's, loyalties you name it. I know thats part of the job however lets face it whats the true motivation for us workers? Work hard or the same you get no benefits. I dislike the managers in my store because they are basic tools of top corporate. I like to be real no need as mention to sugar coat.
@1ctv you sound like a good manager. There are few around. Very few. I don't know what people working at Sears think overall. In my store there is a this could end any day attitude but no one really talks about it openly. Whispers here and there in the backroom but no one wants the manager to hear because he would fire you for speaking openly. There is a gloomy feel surrounding the long term employees. The kids could not care less of course.
I'm a Hardlines zone supervisor and I don't try to paint a pretty picture of the situation. I tell it like it is. I don't buy into or spread unfounded rumors (like the one about the whole Kmart chain closing) but if there is something my people should know, I don't sugarcoat it. Sears is suffering and it doesn't look like there is light at the end of this tunnel unless its an incoming train.
When I interview I guage the interviewee's ability to adapt and stay flexible as well as their ability to overcome big obstacles, because in this company, those traits are crucial. It's survival of the fittest at this point. Positions get cut, workloads increase, stores close and the possibility of a fatal end of the company is very real, and that's just the beginning. I also tell everyone that I cannot promise anyone anything. For all I know my own position will disappear.
I drive metrics but I am realistic about it and don't buy into the whole utopia that Hoffman is trying to sell us. Not to toot my own horn but I have been told that is a good boss by many because I am all about no nonsense, getting things done and being firm yet fair and practical.
@fyk. Why say something like that? What purpose does it serve?
Yes, every Sears and Kmart employee who signed a 6+ year car loan, has their Visa maxed, and got themselves in over their heads with a mortgage.
That crowd is incredibly optimistic about Sears' future.
LOL!!