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.
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Topics regarding layoffs at Sears
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... /
Westland Dearborn Novi Battle Creek Traverse city Sterling Heights Muskegon Portage Grandville Remic properties
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.
Full time associates are done in this company and All assistant management gone as well. A package or take a pay cut. A big pay cut. Happening after meetings on Tuesday. Good luck to all the full timers and may luck be granted to the stores being run... read more
Most folks don’t know the name Eddie Lampert, unless they are a Sears or Kmart employee or retiree. Eddie started his career at Goldman Sachs, where he and his college roommate, Treasury Secretary Steve Mnuchin, learned how to extract cash from... read more
The company also said it plans to get a new credit facility worth about $600 million, linked to a previously announced deal struck last month with the Pension Benefit Guaranty Corp., a federal agency that guarantees individuals’ pension plans. The... read more
Nope, not target but an older retailer... /
I believe ours is KBS Does KBS own the scrubber? Why would there be a battle to fix the scrubber is the cost of repair passed on to sears? Scrubber is broken so why would cleaning crew not borrow machine from another store close by? With clean in... read more
The talk about SYW, smaller stores, mattresses, appliances, etc. means nothing to me. I care about having a JOB. And YOU having a job. If you don't work for SYW or sell mattresses or sell appliances, the transformation isn't going to be good for you... read more
Does anyone have any word on what’s gonna happen this year with AP?
I’m talking management above store manager With less and less stores to keep track of why isn’t the regional manager able to handle less stores and eliminate the district manager?
For off I work in in a distribution center. Does anyone else file partial unemployment because we never have 30 hrs let alone 40. I'm tired of hearing at town hall meetings that they take care of the old timers. I work with guys that have 20+ years... read more
Just love when your zmap texts you, but knows your off due to your schedule. Hopefully I get cut, so I can sue due to me being non-exempt. All AP be very scared, massive cuts coming
I’m nowhere near the retirement age as I am 53 years old... I have no pension or savings but worked for the company for 15 plus years. And I have only graduated high school.It’s scary with all these closing and I’m getting old. Should I hold on for... read more
Anybody knows if employees who are going to be affected by the announced closings will have any kind of advantage to fill possible openings at (relatively) nearby Sears stores? I don't mind commuting longer, and due to my current family situation, I... read more
I’m sending positive thoughts and energy to every single one of you!!! It’s hard not knowing wether you will continue to be employed. So many of us have worked our blood sweat and tears and depend on this company. If anything I know all of you in the... read more
When I read the strategy about Sears transformation, it seems focused on ShopYourWay a cashback site with loyalty points instead of cash, earned when buying with partners or on on sears marketplace Smaller stores selling appliances and mattresses or... read more
It’s exciting to see grills coming out of hiding as this winter has been brutal!! Kind of like saying spring is right around the corner
How safe do you all feel from store closings? I feel like everything is a crap shoot.
Beware to all you remaining Sears employee 2 years ago tomorrow we lgot a visit from the DM to tell us our liquidation starts tomorrow, the liquidators showed up a couple hours later to start the process. The store manager found out the day before... read more
With new options and conveniences, there’s never been a better time for shoppers. As for workers ... well, not always. The retail industry is being radically reshaped by technology, and nobody feels that disruption more starkly than 16 million... read more