As SHLD has been closing waves of stores recently, I was just curious as to the last brand new full-line store that was opened for each format. I know a new Sears (3-level, even) opened when Mall of America opened in 1992. Have there been others... read more
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Topics regarding layoffs at Sears
Anyone have a list of all the Sears Canada locations? Hometown, everything? Yeah I know these are the Sears boards I was just wondering. TIA.
I’m truly curious about the general attitude in this forum. There’s so many loyal employees here that don’t want to let Sears/Kmart go. I understand that. But is there really anyone left who actually believes these stores will survive? I’m not trying... read more
Does anyone know about cuts coming to ap? My reginonal keeps telling me asap to get staff. I never heard this all year. Just trying to see if I need to apply to grad school before i get cut.
We can no longer order Cooper Tires. They were not the best tires but that is one more supplier that has kicked us to the curb.
SHC now has a new CDO - Chief Digital Officer. Hope the online business picks up.
Back on September 2014, the bond rating agency Fitch decided that SHLD wasn't even worthy of a 'CCC' rating, but gave them a 'CC' rating. That rating was affirmed yet again in January 2017. 2014 article:... read more
Edward Lampert Resource Page [ssba] “The entrance strategy is actually more important than the exit strategy.” — Edward Lampert Edward Lampert: Background & bio Edward or Eddie Lampert is the chairman of Sears Holdings Corporation (SHLD) and also the... read more
Job cuts and company restructure coming to the Sears side of the company next week. It’s all based on store profitability. Some stores will cut down a lot, some a bit, and some wont be touched. Just heard it from a friend that works in our region... read more
A Kmart to close that wasn't on the list. /
Have they been sold yet?
Credit rating now CCC- which is described as "Default imminent with little prospect for recovery"
Or did they get rid of the dress code? Black or tan pants- not colored Black shoes-unless they have a doctors note- don’t think a dr wd give a note to wear brown calf high winter boots What’s the point anymore anyways? Especially if the store manager... read more
The store manager is suddenly concerned with opening all of these closets and empty, abandoned rooms, all locked off from the public. None of these nooks and crannies have seen any use or will ever be used due to Simple Store where nothing can be... read more
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.
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.