đź”– Deals Cash-starved Sears is putting everything on sale
- Thread starter EmersonHart13
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LMAO, yeah every once in a while you would hit the jackpot with a Fredricks of Hollywood catalog
Exactly! I remember my friend had one...we were amazed because it showed women in thongs!
you filthy animals. I remember that special JCPenny section, is that a nipple?!
Pretty much it at a 50,000ft viewpoint.
I've used the term "controlled liquidation". Not sure if I've called it that here, but definitely in conversation.
Again, I can say a lot more, but at this time...
Hell, I remember when the Sports Illustrated Swim Suit issue was the talk of the town.
Everyone wanted to see Kathy Ireland in a bikini.
Also, Bob Barkers beauties on the Price is Right. The world stood still when those blondes were in bikini (imagine them getting ravaged on the casting couch).
Finally, when we all would sneak a look at our old man’s Playboy, Penthouse and Hustler magazines. Those were the Holy Grail.
That would be because there are no earnings to report.
However, a few days before, the stock shot up because of the Ebay deal and a couple others. So you gotta take things with a grain of salt.
Does anyone there working at Sears Corporate have long term plans with the company? Or is everyone always keeping an eye out for other positions at all times?
Everyone is bailing. I'm trying to also.
People are dropping like flies. My former boss, who was a DVP of corporate finance for the company, left earlier this month after 41 years with the company. He started in a Kmart and worked his way up the ranks in that side of the ship. Then he was part of the merger, and moved here and continued up the ladder. We feel he left now to take his pension while the company is still solvent. The guy takes sooo much institutional knowledge with him. He knew every financial system in the company, every trivial detail of things we built over the years, and had a steel trap of a memory. He'd ask me questions along the lines of, "Remember on Tuesday Jan 27th, 2011 when you did that analysis of Unshipped sales where you found... Can you recreate that!" And I'd look at him like a deer in headlights and remark that I don't remember what I did last week.
Then yesterday, one of the heads of marketing and other related programs announced their resignation
People are dropping like flies. My former boss, who was a DVP of corporate finance for the company, left earlier this month after 41 years with the company. He started in a Kmart and worked his way up the ranks in that side of the ship. Then he was part of the merger, and moved here and continued up the ladder. We feel he left now to take his pension while the company is still solvent. The guy takes sooo much institutional knowledge with him. He knew every financial system in the company, every trivial detail of things we built over the years, and had a steel trap of a memory. He'd ask me questions along the lines of, "Remember on Tuesday Jan 27th, 2011 when you did that analysis of Unshipped sales where you found... Can you recreate that!" And I'd look at him like a deer in headlights and remark that I don't remember what I did last week.
Then yesterday, one of the heads of marketing and other related programs announced their resignation
That’s crazy. I couldn’t imagine being there, and trying to get work done when everyone’s morale is in the dumpster, let alone associates jumping ship everyday. Good luck man.
Morale is high here, and it’s fun when we’re doing so well. I can only picture what it would be if things went into a nose dive.
It would help if the ground floor wasn’t so horrible to deal with. Picking up online orders has always sucked, dealing with employees suck, etc. I’ve been told that they can’t price match their own website before
Side note: any news on someone acquiring kenmore or is that name dying along with sears?
Side note: any news on someone acquiring kenmore or is that name dying along with sears?
Sounds like when I worked at Motorola!
Staying around actually worked out nicely for some of the people. They'd end up getting promoted to a job higher than they were qualified for since everyone was quitting, and then they'd take a lateral move out of the company.
It's a combination of that and then as people leave, the work needing to be done doesn't stop, so as they say... "Poop rolls downhill." So guess who gets to pick up that slack? Us! Then you have people in my new business unit wasting countless hours in meetings understanding every KPI (Key Performance Indicator) from all our sales, from site visit, to conversion rates, top of funnel to what ends up actually being sold (bottom of funnel), etc, etc... LIke they're actually "transforming" the company. They don't get it. Having sat next to the guy who runs the balance sheet for the company in my last role, I know the reality. You can't lose nearly $1B every 6 months and stay in retail operations... Something has to give. And since we more or less fail at retail 101... Where do you think the weak link is.
It would help if the ground floor wasn’t so horrible to deal with. Picking up online orders has always sucked, dealing with employees suck, etc. I’ve been told that they can’t price match their own website before
Side note: any news on someone acquiring kenmore or is that name dying along with sears?
In some of the first purges, they got rid of full time (meaning full benefits), associates that actually cared and actually worked to make the sale and satisfy the customer (now we must call them "member"), and replaced them with part time, high school and college kids who DGAF, and had zero motivation to make things better. Sounds like a win-win to me. But hey, we saved some payroll/benefits expense!
Funny, there are quite a few Motorola people here. Had one whom came in to our Service Live Business Unit (that I trained when he came in), so he and I have become friends. Anyway he stopped by yesterday to do our head count check meaning 1 and 2... We're both still here. Anyway, he was telling me about how when Motorola went through their purges, the unemployment office had a specific line for Motorola employees where everything was set up for them to get their stuff going.
I think we're at a point where staying around is actually penalizing you. One people see Sears on the resume and think you're the problem and why this is the way it is and second, now you're competing against more and more of your peers in the job pool.
It is.
I am in Building B. I was up on the 5th floor in the last role. It is completely empty now. Yesterday, I had a meeting on the 4th floor and it too was equally empty.
I'm now on the 2nd floor and it's actually packed, but I have tax next to me, then pretty much the rest of the floor is the online BU from us in finance, to operations, to the IT site, etc, etc...
I am in Building B. I was up on the 5th floor in the last role. It is completely empty now. Yesterday, I had a meeting on the 4th floor and it too was equally empty.
I'm now on the 2nd floor and it's actually packed, but I have tax next to me, then pretty much the rest of the floor is the online BU from us in finance, to operations, to the IT site, etc, etc...
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