Thread regarding Sears layoffs

When a company depends on cooperation with government agencies to assure employees can eat and get health care, etc. they have no right to stay in business. Sears used to pay excellent wages. In order to survive independently, one would have to work 80 hours a week in the current environment.

They can restructure my pay to something accommodable as well.

A 401k match, the benefits that used to not rape my paycheck, my associate discount back, as well as actually employees under me so I don't have to run 65% of the damn place by myself.

Oh, I'm sorry, am I'm asking for a lot?

Nah not really, just what used to be considered the standard..

Eddie will go to jail when he declares bankruptcy, that’s why he fights it so hard. BK means that the feds get a look at the books, and all the double dealing he’s been getting away with is all fine and good until he can’t pay the bills, the minute he defaults, he’s crushed with litigation and possible jail time. Don’t drop the soap Eddie

I call b.s..

All TRU is doing is creating a new holding company to own and license the brands and trademarks. If someone wants to open a B&M toy store, web toy store, or whatever under that brand they'll pay royalties to the "New TRU" that's formed. Probably won't create more than a couple dozen jobs tops.

I'd almost be willing to bet Walmart or Target licenses the name name and creates a TRU department within their store.

Restructuring allows this "continued transformation" to continue. There is no plan to restructure, there is no transformation

Completely agree with Brick and Mortar not coming back. But you have to remember Sears has many other divisions. Home Services, SHIP, etc... would be the ones to emerge. Why do you think Ed is trying to pick those Assets up? He knows there is still value in them. The goal is to remove the dead weight away from the profitable Assets. Restructuring allows this "continued transformation" to continue.

Far more likely than Sears would be individual stores for Esprit De Corps, as demand for that brand is exceptionally high just like it's former sister brand Aeropostale. IF Esprit did come back it would most likely be in conjunction with retro brands and Opening Ceremony who has the current exclusive on a limited line of Esprit and they are the only authorized retailer in the US with a severely limited line. Brand showcase stores would open the US market again to the full line of EDC. There is also heavy interest and massive market support for the return of both the Deb shop and Fashion Bug on the East coast, and west to Ohio. Both Sears and K Mart rank on the very bottom of the list of customer support in the market research. Maybe Sears has internal polling that indicates differently I don't know. I do know that it won't be Retro Brands.

Toys-R-Us has something of a unique IP as it is a toy store, and there aren't many of those, and Jeffrey the Giraffe has major bank as well as a cache of good will. You could easily rebrand TRU as a one-stop-shop for games, toys, online games, video games, action figures, comics, etc. and compete against Amazon by making it easier for people to find such things easily and ThinkGeek by expanding the focus. If TRU nails shipping turn times they could hold their own, especially as the local comics and collectibles brick-and-mortars are failing left and right and it is getting harder to get access touch collectables.

Sears is no different than Target, Kohls, Penneys, Walmart or any other retail store. Their branding offers nothing unique, and frankly the only major selling point Sears ever had was their massive mail-order catalog. which was iconic back in the day. There is literally nothing Sears offers that a half-dozen other entities don't also offer and Amazon is the Sears' catalog of the 21st century.

The only people who will benefit from any kind of Sears "resurgence posy BK would be the high level executives and whatever vulture capitalists are attached to the effort in hopes for a quick cash out.

If you are a working manager, supervisor or employee, your future, your livelihood, is not sustainable at Sears. Don't gamble on a pipe dream.

Retro Brands has also revived Aeropostale, and they have several brands that people actually like and want back in the pipeline. Huge amounts of market research goes into the effort to decide which brands have market support to return and in what markets. Sears does not have the necessary market share to warrant the type of investment it would require to revive the brand, and neither does K Mart.

Yeah I don't think this is going to happen with Sears. Or if there is a "plan" there is going to be a complete shut down of the brick and mortar operations and maybe MAYBE have some sort of online presence but let's face it, no one gives a sh-- about the Sears name anymore. Toys R' Us at least has some pull still, Sears? Hahaha, no.

Don't feed people false hope, Retro Brands has NO, as in ZERO interest in Sears and will NOT revive the brand, stop grasping at straws. TRU still has nostalgic value as well as Kay Bee, Glamour Shots, The Picture People, Fashion Bug, Chess King, and Northern Reflections CLASSIC. Sears does NOT have this value.

it would be great to see. Over 100,000 people rely on Sears in some shape or form to feed their families or to make ends meet.

There will be NO "comeback" for Sears. All assets are being liquidated.

The plan emerges.