Sears Layoffs

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Topics regarding layoffs at Sears

Add Countryside Clearwater Sears to the list.

A SRG property. A few years ago they converted the auto center to a Nordstrom's Rack and about 37,000 sq feet of the first floor to a Whole Foods. Good Mall with good traffic. I really thought this store would survive. I guess Seritage thought... read more
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349 views | 1 reply ()

Sears will remain

Sears will remain. Kmart will be a memory. Liquidation will start by the third quarter. It has already began. Warehouses being emptied of all products affiliated with Kmart. Once emptied the process will begin. I remain with Sears and feel bad for... read more
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980 views | 8 replies (last )

Sears eliminating electronic departments

We were told in my sears store that the electronic department was going to be eliminated this year in our store. Also mattress department will be combined with appliances. Have other stores been told the same information? We are b store, I do not... read more
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2506 views | 13 replies (last )

REALITY CHECK !!!!

Anyone still deluded with the idea of a Sears recovery needs a reality check with a sledge hammer over the head
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408 views | 4 replies (last )

Another Sears closing

In a completely shocking and quite unexpected turn of events, another Sears store is closing its doors forever. This time it's Gainesville store at Oaks Mall... read more
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355 views | no replies

FE gonna get that Real Estate one way or another

ESL planning on making an offer for Sears real estate and assumption of debt & then leaseback stores - Sears goes out business or continues to close stores then FE has the properties for redevelopment at higher lease rates - still work for Sears... read more
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386 views | 3 replies (last )

"Sears is expanding!!" LOL!

Anyone who listened to or took the advice of that troll who said Sears is expanding so "Buy stock now!" just lost their shirt. I hope nobody did, because anyone who couldn't see Sears was going down must've been wearing three pairs of rose colored... read more
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220 views | 1 reply ()

Pt hours cut!

With the newly formed full time positions why are full time hours never reduced to base they say are guaranteed 30 .. why do they all still get 40 hours? Their hours never seem to be reduced Spread the pain
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338 views | 5 replies (last )

When the smoke clears

I was reading the comments on the WSJ article, and man, does this guy get it. This is a must read, I had to bring it here since I know not everybody is subscribed to WSJ: When the smoke clears, the forensic accountants and certified internal auditors... read more
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628 views | 2 replies (last )

Stores currently or entering liqaudation

Maplewood MN Cedar Rapids IL Boardman OH Rochester NY Chicago IL Ashville NC Wilmington NC Pensacola Fl Clearwater Fl Gainesville Fl Plantation FL Roseville Ca Fairfield CA Citrus HTS Ca Reno NV El Cajon CA Tuscon Az San Antonio TX Redmond WA Which... read more
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850 views | 7 replies (last )

Now I'm scared...

I really did not believe Sears would go down and have to close all of its stores any time soon (if ever), but after Toys R Us and now Bon-Ton... I don't know what to think anymore... I am actually genuinely scared right now that it is a realistic... read more
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850 views | 16 replies (last )

Love the new Sears Home Store ads on television

Ads have begun to appear on television featuring family owned Sears Home Stores where they emphasize their independence from Sears and the fact that they own the store, and that they work for their community and NOT Sears. They appear to be wanting... read more
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429 views | 5 replies (last )

How can people still be surprised?

Seriously, one of the articles on the latest closing announcement has a guy express his shock at finding out his store is closing. How? How can you work at Sears at this time and not be completely aware of the fact that there is no such a thing as... read more
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413 views | 12 replies (last )

Hoffman layoffs

Anyone have any news on the next round of Hoffman layoffs? It was supposed to happen in April
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871 views | 7 replies (last )

Sears pension

About a billion dollars of Sears pension funds were 'de-risked' last year by buying annuities from MetLife. That will fully fund 71,000 retirees, with no Sears stock involved anymore... read more
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330 views | 3 replies (last )

List of closing stores

Does anybody have a link to a list of all nine closing stores that were announced? The best I could find was seven, so now I am trying to figure out what the final two are.
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713 views | 10 replies (last )

Kmart is strong!!

Circuit city, Toys R Us, HH Gregg and countless others.... Kmart still here, still present, and still saving millions of customers millions of dollars everyday since 1962. God bless Kmart!!
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338 views | 8 replies (last )

Pension Funded Above 80% - Restrictions Lifted

Received a letter today, April 16, 2018, that contained the following information about Sears Holdings Pension Plan 1. "On April 2, 2018, the Plan's actuaries certified the Plan's funded status to be above 80%. Because the funded status has exceeded... read more
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703 views | 9 replies (last )

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