Thread regarding Sears layoffs

Agree, they are way higher prices

Top noticed the price Jack up..What a joke. I also left disgusted. They must think people are stupid. ... No wonder they are closing..

Welcome to the world of liquidation where liquidators control prices now. Usually it's higher than MSRP- don't believe this stuff about it being MSRP, it's NOT. The prices are higher for Kmart's own brands from Kmart's website. That alone should tell you if it's a Kmart owned brand, and it's HIGHER in the closing store than the regular price from their own website, call a spade a spade, the liquidator is raising the prices to recoup their investment.

@XpOBfOD-2xgt You know what I really disliked in the end with our LQ. When LQ came into play their was no hour cap other than 40 hours or less. Later on I noticed supervisors were working more than 40 hours. So rumors flew in the end you could work OT. So since the LQ started OT was allowed I wish I would of known (I put OT in the end) for my UE to be higher. I am surprised I am getting a good size UE if I would of put OT I could of possibly been to the max of UE benefits in my state.

Like everyone is saying wait until the end. When my KMART liquidated the last two weeks were the good prices. The 2nd to last for the things you really want and the last for the impulse items that are insanely cheap. I loaded up on fine jewelry. Upscale costume jewelry quality, sure but the prices made it worth it. Just have patience while shopping. The employees are doing their best and some are sad about the job loss.

And I was getting points throughout. The signs said that I would not but they were added to my account almost immediately.

Wake up. This is a Sears/Kmart liquidation. Listen to the Liquidation Conference calls every Friday in closing stores. They are run by Sears and Kmart people. This is not a chapter 7 liquidation controlled setting. It is Sears and Kmart controlled. They just have to follow the BK Court rules. Yes, there are liquidation people in charge, but the Store Manager controls the building and accociates. The liquidation person assures pricing sets and verification. All prices are set to full retail from day 1, with weekly discounts adjusted. The only thing that will be left is the floors and walls..Have fun tearing down fixtures and filling dumpsters...give associates as many hours as they want to work, because Sears will not give them anything in the end...1 week severance for every year worked. WAF joke..Sears fiscal year ending is this month. 4th quarterly report will come, and Sears Kmart will be done. No way to have profit with all those points to use on all of the rediculas discounting. Look at the out of stock/back order reports...vendor issues...hahaha, more like,,cut off from lack of payment...Get out now....

OP I went through a LQ and let me tell you a LQ basically controls the prices here. The way our LQ worked was everything was MSRP and each area would get a ex amount of discount off for certain products. People would go crazy in this LQ it was insane sometimes I was wondering why people didn't buy before when things were actually cheap.

Can tell you this OP when you go the last 2 weeks (especially the last day). Shoes were dirt cheap and cloths was insanely cheap the last day of our closing day. Shoes were $2 a pair and cloths (you name it) was all $1 at the end.

Seriously OP? Are u just now figuring out how this works? Lmfao

To the original poster, this is standard practice in all liquidations regardless of who the company or store is. You never buy anything until the last 2 to 21/2 weeks of liquidation. That is when prices start to drop.

Have you never gone to a liquidation 'sale' before? This is always the case..the liquidator is in control of pricing whatever merchandise is left.

@XpOBfOD-vgu Then they are not paying full price are they?

@XpOBfOD-gyt People with SYW Freecash that they need to waste.

Who pays full price for anything at Kmart/Sears?

Prices get changed every Thursday morning. You get the list with the department % changes on Mon or Tues. Percents going down each week 5, 10 percent at a time. Everything is off the regular price. No one has time to mark stuff up. Jewelry has always been a high mark up department. All store start at 70 then 75, 80, 85, 90 throughout the closing,

False we were instructed to mark it full price. All mark downs start from regular full price. Sorry but they are very careful about this.

This is totally fake news. I have closed 2 stores and we are lucky to be able to handle all the extra customers and extra freight they send in and get the discounts signed each week. The round of closings that happened after the bankruptcy all stores in the company had thousands of prices changes to do and we were told not to activate them.

fake news

That's how I knew our local store was closing . A week before they revealed the closing , all the sale pricing went away .

First 30% of the liquidation is a waste of time .

Public will still think they are getting a bargain on week 1 , because they are just that stupid .

The best prices are before the liquidation.

Unless your looking for shelving or display racks.lol

Standard liquidator procedure. Mark everything up and then start discounting.

That's the Liquidators making those prices. They put the MSRP price on the item and then take it down from there. These are the same people who put a $110 price tag on a silver necklace that is only worth $20. And the more people come into the store for the sale, the longer the % off stays low. Once the traffic slows down the % off goes up.