My store (Kmart) has been open until 10pm for years. It was recently cut back to 9pm. Is this a sign the store is closing? I was told the DM made the call.
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Topics regarding layoffs at Sears
My Sears store has been getting lots of mens clothing called Simply Styled by Sears. Interesting that they are placing the name Sears on the clothes. Anyone have thoughts on this?
The court appointed monitor for Sears Canada's insolvency says it is reviewing millions of dollars the company paid in dividends while its pension fund fell short. FTI Consulting Canada Inc. filed a report Monday with the Ontario Superior Court of... read more
I heard more information coming next week
After years of transforming, just wondering how it's going. Haha.
Why would Sears not team up with Circuit City and sell space in stores where electronics used to be?
Where did this go? Customers keep asking for it, are we ever getting more? Does anyone have any Smart Sense updates? At our NH store, we have no idea when the trucks will come or what they will contain.
Are any of the leased Sears/K-marts closing announced on Jan 4th, being sub-leased? Or is Sears/K-mart simply vacating the stores?
In the northeast there are talks of Amazon taking over the warehouses. Apparently all associates in the building are having to reapply for their jobs they are told. Anyone else have connections to the warehouse associates?
The Kmart store in Guam is located 6,000 miles west of California in the Pacific Ocean, well past the easy reach of Target, Wal-Mart or Amazon Prime. The store, open 24 hours a day, also seems beyond the reach of time itself. Inside, it feels more... read more
Bill Jones, director of the Canadian Federation of Pensioners, says Sears is another example of a broken, or partially broken, pension promise. He points to the billions of dollars Sears Canada has been sending to majority shareholder Edward Lampert... read more
Seems like it’s been a long time in my store since there has been a mass clearance markdown or it it early yet in the season? I also noticed there has not been the racks and racks of clearance yellow signs in Rtw
They had a better operation than the US operation too
I guess they are not advertising this like they did with the Holiday Blowout back in November I wish the regular red sale signs would be eliminated though as it is double work to snc up red signs and then hand write Blowout signs! in lawn and garden... read more
No. Sears just keeps paying minimum wage (which they also can't afford, necessitating layoffs). And the paygap between Sears and Walmart works keeps increasing. Why do people continue to work at Sears?
If you're store had no cuts this past week, does this mean you're store is closing?
Our DM told us in a conference call that Amazon is buying 200 stores. Anyone else hear anything about this?
I'm an OA at a Sears store and noticed something peculiar yesterday. A new icon on the desktop called " Simple Store". I've been here long enough to know to look for certain clues for potential changes and heard about this site through a sales... read more
does anyone know when they will happen? I have heard from lots of people at hoffman that a big one is coming but dates have ranged from next week, the following week, mid feb. anything people can share can help people plan. Thanks.
Lidl expects to have as many as 100 stores in the U.S. by midyear. /
Does anyone know if job cuts in stores will be announced today?
Eddie: Finally, we have monetized some of our valuable real estate portfolio through property sales, which enabled us to repay some of the loans that were made to provide liquidity and obtain time for our transformation. TRANSLATION: I have managed... read more
It’s the last Sears store operating in Chicago. But considering the woeful financial health of its owner, you have to wonder: How long can it stick around? It’s a question that hovers like a fog over the Northwest Side’s Portage Park neighborhood... read more
Sears Holdings Corp announced disastrous holiday sales which has led many to believe that 2018 is the year that the long suffering Sears Holdings goes out of business–and if not this year, then 2019... read more
Wal-Mart gives out pay raises and bonuses then does the unthinkable...close at least 60 Sam’s Clubs without warning.
There's just tooooo many retail stores - Walmart has ABRUPTLY closed 63 Sam's Club stores /
If a store closes do all full timers regardless if you are hourly or salary or work sales get severance pay??? Just curious.
SO we now know same store sales were down 15% so all the fake posts over the holidays saying there store was up over 100% and super busy was just a bunch of corporate scam posts
Bruce Berkowitz (Fairholme - 20% holder) ; in an SEC 13D Filing; reported selling 770,000 shares on Jan 8th and Jan 9th; and an additional 1.4 million SHLD shares (into a Short Squeeze) Jan 10th.
I'm planning on leaving in a month or two regardless, but hear me out. There is a mass exodus at our store. People are leaving in droves and we are so short on people it's not even funny. We recently lost a full timer who was also a key carrier (like... read more
If Sears cannot refinance its current debt and secure additional financing soon, all options will be on the table, warned Sears CEO Eddie Lampert today in a company blog post. Wall Street analysts say such language is indicative of an imminent... read more
We keep seeing double digital declines in same store sales. Why? And what the plan to fix that? Eddie didn't answer those questions in today's blog.
Over/Under Memorial Day for BK? Take the under... /
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Your pay in MPI will reflect if you are being terminated. If there is a check # issued instead of your normal automatic deposit etc.... expect to be terminated. Good luck everyone
This store has been in Green Bay since the early 60s. So sad to see it go. /
By PHIL WAHBA January 9, 2018 Add Lands’ End (LE, -0.80%)CEO Jerome Griffith to the list of people not banking on Sears’ future. The clothing maker, best known for its kids’ uniforms and outdoor clothing, plans to open as many as 60 of its own stores... read more
Anybody know the “dooms date” here at Corporate? Since more stores are closing, layoffs at Hoffman are coming. After all it is end of fiscal year. Sigh. Such bitter air around here.