Thread regarding Sears layoffs

I actually had my store manager say at a meeting that the press doesn't like Eddie because he was kidnapped and that's why Eddie gets bad press. The excuses for why SHC is failing never end.

Agree the entire C suite ala Leena, Braithwaite, Riecker, etc. ought to toss and turn sleepless at night for supporting this.

Agree with the OP and want to add a couple of things:

1.) The "positive" sales are because of free cash offerings in SYW. I received IN Store ONLY offers for $15 free cash off of a $20 purchase several times for both clothes and jewelry at Kmart. Thought i was special but as they admitted SYW drove those sales and the resulting low margins. Who wouldn't buy with deals like that?

2.) Target. Target has quietly made their intergrated retail experience work. I shop there and truly can use the web to either buy from Target successfully or simply locate a product in store down to the aisle number. I wouldn't that's it's such a big deal to do this if I weren't pummeled by Sears trying but failing to do this accurately.

3.) When I started working for Sears, I was going to call Eddie Lampert myself to let him know what was going on in store and how things could be fixed relatively easily (at that time.) I naively thought he didn't know but would both want to and would care. I was wrong ...

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It is all lies and PR to make them look like they still care about this company. News flash, they don't at all. They said they won't close anymore stories, more lies of course. Whatever game they are playing it will not be the benefit to any of the workers I can guarantee you that.

Eddie hasn't been "trying" at all. All he has been doing is trying to line his own pockets with more money. He's a hedge fund CEO; not a retail CEO and it is quite clear that's the path he's taken given the shape of this company is in.

Just face the facts, all. There is no revival plan for either Kmart or Sears coming. The only real plan there is to slowly kill off these companies and raid the corpses until there is nothing left. Whatever corporate speak they tell you

If Eddie was really trying, he’d be in HE every day. That’s mistake #1 and it goes downhill from there. The first rule of being successful is showing up and he doesn’t even do that.

"...... Could this be that Eddie really is trying, but no matter what decisions are made it wont matter?"

For the love of god.....Does Eddie pay you when you swallow? Your comment could not be MORE divorced from reality.

The Sears.com website leaves a lot to be desired. Many of my friends and family complain to me about it. Didn't Wal Mart buy an online company that helped them revitalize their online presence? Sears did attempt an online marketplace but it falls short in comparison to other competitors.

On the other hand...its hard to fight a battle where you are always wrong. No matter what moves are taken, its a mess in the media. Could this be that Eddie really is trying, but no matter what decisions are made it wont matter? Good or bad...the only two things i would have liked to have seen from Eddie is 1) Work recognition for his associates. 2) To stop hiding on his island and visit stores so he knows what its really like. (Just like the customers and employess see.) Sears and Kmart could have been saved. Still can if he was to act today. You cant win a battle if you are not in it. I have never met him so i guess its not fair to call him any names. Although i disagree with his style, maybe he isnt so bad of a person...

The OP is 100% correct.

There's a special place in hell for people like ESL, Leena, Jesse, Gareth, et all.

How ANY of the are able to sleep at night, or draw breath without wracking guilt is beyond me.

None of this had to happen. None of it....

Most of the Sears KMart cheerleader posts on this board are paid shills and trolls looking for attention.

Well said.

Amen.

I kinda agree with that. Now he's blaming everyone whos retired for the mess they are in today? Come on...take responsibility!!!! They don't control the stores today!!!!

Eddie is a piece of ****. Nothing more to say then that. He gave himself a raise this past year. What a piece of trash. His associates making minimum wage for years with no increse. The salaired and hourly managers working well past their due to try to make ends meet, yet can't satisfy anyone due to the lack of staff. It's all just a joke that starts with the leader. My rant can go for pages...but im so disgusted with how associates are treated I just can't.

While Eddie did try (barely) to move to online - he NEVER committed the company, meaningfully, in that direction. Buying a company in Israel - that never really did anything for us (our on-line experience is poor...at best).....revenue never exceeded $60M....and is now less that half of that #. Again - he never corrected a bad decision....just poured more good-money on bad results. Amazon's on-line sales are ENORMOUS.....Walmart's (organic) on-line grows in the double-digit's each an every year. To say "Too little, too late" is a tale of two separate tracks of conversation: 1) Too little: He NEVER did enough...lets not fool ourselves. 2) Too late: sadly the truth.

Finally, a realistic post that represents all of us that work at SHC. The post depicts how me and all my colleagues feel, thanks for sharing.

U r correct but I will say this, Eddie did realize the move to online years ago and did make moves in that direction. Too little, too late though....