cashnocredit Posted July 9, 2017 Posted July 9, 2017 I bought some frozen ribs... For some reason this makes me think of "It's All About Eve" and the chilly, "Many are cold, few are frozen." Quote
Konrad2012 Posted July 9, 2017 Posted July 9, 2017 I bought some frozen ribs... For some reason this makes me think of "It's All About Eve" and the chilly, "Many are cold, few are frozen." I can't believe CV is slumming it with frozen ribs... Quote
cv91915 Posted July 10, 2017 Posted July 10, 2017 I bought some frozen ribs... For some reason this makes me think of "It's All About Eve" and the chilly, "Many are cold, few are frozen." I can't believe CV is slumming it with frozen ribs... I don't really like ribs, so... Quote
hegemony Posted July 14, 2017 Posted July 14, 2017 https://consumerist.com/2017/07/14/sears-canada-lays-off-mike-myers-brother-and-2899-other-people-without-severance/ Sears Canada Lays Off Mike Myers’ Brother And 2,899 Other People Without Severance Quote
TheVig Posted July 14, 2017 Posted July 14, 2017 Sears at this point has got to be #1 when it comes to the slowest death of a company. I wonder if they will hold out for one more Christmas season. Quote
IndyPoolPlayer Posted July 17, 2017 Author Posted July 17, 2017 Eddie Lampert "loans" $200 million to Sears http://www.businessinsider.com/sears-is-borrowing-another-200-million-from-its-ceo-2017-7 Quote
hegemony Posted July 20, 2017 Posted July 20, 2017 http://www.nbcnews.com/business/consumer/sears-shares-jump-almost-20-percent-news-it-will-sell-n784876 sears shares up 20% Quote
IndyPoolPlayer Posted July 21, 2017 Author Posted July 21, 2017 I can see it now - Amazon ends up buying the remains of Sears. Dumps all of the brick-and-mortar retail stores, takes Sears to its roots of catalog (though its online) sales, Eddie Lampert can redevelop the former stores real estate into something of value. A&E Signature Service handles the white glove delivery and installation of Kenmore appliances. Quote
mrjuggalo9er Posted July 21, 2017 Posted July 21, 2017 I'm putting all my money on red.... Would be a better chance than Sears stock Quote
cv91915 Posted July 21, 2017 Posted July 21, 2017 I'm putting all my money on red.... Would be a better chance than Sears stock I got a hot tip on Lending Club. Quote
mrjuggalo9er Posted July 21, 2017 Posted July 21, 2017 I'm putting all my money on red.... Would be a better chance than Sears stock I got a hot tip on Lending Club. I got all mine from Reddit Quote
hegemony Posted October 6, 2017 Posted October 6, 2017 https://consumerist.com/2017/10/06/sears-borrows-yet-another-100m-and-possibly-200m-from-its-own-ceo/ Quote
mrjuggalo9er Posted October 6, 2017 Posted October 6, 2017 (edited) I just vested my entire life savings into sears stock.... All $4 Got 92 shares Edited October 6, 2017 by mrjuggalo9er Quote
IndyPoolPlayer Posted October 18, 2017 Author Posted October 18, 2017 One of Eddie Lampert's most loyal backers is leaving Sears and the stock is tanking - Business Insider https://apple.news/A2oS-D2mJREegL8k7Or__og Quote
mrjuggalo9er Posted October 18, 2017 Posted October 18, 2017 $5.78 a share.... AutoZone is worth more! Quote
IndyPoolPlayer Posted October 24, 2017 Author Posted October 24, 2017 Sears Cutting Ties With Whirlpoolhttps://www.ibj.com/articles/65946-sears-stops-selling-whirlpool-ending-100-year-partnership After a century-long history together, Sears Holdings Corp. will stop sales of Whirlpool Corp. products after the companies failed to agree on pricing terms. The retailer will no longer carry Whirlpool brands, including Maytag, KitchenAid and Jenn-Air, effective immediately, Sears said in an employee memo last week that was provided to Bloomberg on Tuesday. “Whirlpool has sought to use its dominant position in the marketplace to make demands that would have prohibited us from offering Whirlpool products to our members at a reasonable price,” Sears said in the memo. The department-store chain will continue to sell Whirlpool products only until all its current inventory is depleted. Whirlpool informed Sears in May of its decision to stop providing products, Whirlpool CEO Marc Bitzer said Tuesday on an earnings conference call. Can anyone smell the BS in that article? Whirlpool doesn't want to get stuck with a filing cabinet full of unpaid invoices once Sears ends up in BK court. Quote
Konrad2012 Posted October 25, 2017 Posted October 25, 2017 Sears Cutting Ties With Whirlpool https://www.ibj.com/articles/65946-sears-stops-selling-whirlpool-ending-100-year-partnership After a century-long history together, Sears Holdings Corp. will stop sales of Whirlpool Corp. products after the companies failed to agree on pricing terms. The retailer will no longer carry Whirlpool brands, including Maytag, KitchenAid and Jenn-Air, effective immediately, Sears said in an employee memo last week that was provided to Bloomberg on Tuesday. “Whirlpool has sought to use its dominant position in the marketplace to make demands that would have prohibited us from offering Whirlpool products to our members at a reasonable price,” Sears said in the memo. The department-store chain will continue to sell Whirlpool products only until all its current inventory is depleted. Whirlpool informed Sears in May of its decision to stop providing products, Whirlpool CEO Marc Bitzer said Tuesday on an earnings conference call. Can anyone smell the BS in that article? Whirlpool doesn't want to get stuck with a filing cabinet full of unpaid invoices once Sears ends up in BK court. Yep, Whirlpool said pay in advance or don't get shipments. Quote
hegemony Posted November 3, 2017 Posted November 3, 2017 https://www.usatoday.com/story/money/business/2017/11/03/another-60-plus-sears-kmart-stores-set-close-january-2018/828585001/ Another 60-plus Sears, Kmart stores set to close in January 2018 Quote
IndyPoolPlayer Posted November 3, 2017 Author Posted November 3, 2017 Circling the drain like the Ty-D-Bol man .... http://www.businessinsider.com/list-sears-kmart-store-closures-2017-11 (oh ... Hege beat me to it...) Quote
mrjuggalo9er Posted November 3, 2017 Posted November 3, 2017 The time to buy their stock is now.... Nothing but a bright future for this company Quote
IndyPoolPlayer Posted November 3, 2017 Author Posted November 3, 2017 The time to buy their stock is now.... Nothing but a bright future for this company What is in that oregano you're smoking? Quote
mrjuggalo9er Posted November 3, 2017 Posted November 3, 2017 The time to buy their stock is now.... Nothing but a bright future for this companyWhat is in that oregano you're smoking? It makes sense... They are getting rid of unprofitable stores, so they will instantly have profit.... Invest now! Quote
hegemony Posted November 4, 2017 Posted November 4, 2017 http://whnt.com/2017/11/03/last-kmart-store-in-alabama-set-to-shut-its-doors-in-january/ Last Kmart store in Alabama set to shut its doors in January Quote
IndyPoolPlayer Posted November 8, 2017 Author Posted November 8, 2017 (edited) Sears Selling Properties to Fulfill its Pension Obligations to PBGChttp://www.chicagotribune.com/business/ct-biz-sears-pension-deal-store-sales-1109-story.html [sears] signed a deal that will allow it to sell up to 140 more properties to finance a $407 million contribution to the company’s pension plans. Hoffman Estates-based Sears said it struck the deal with the Pension Benefit Guaranty Corp., a federal agency that guarantees individuals’ pensions. If an insured pension plan shuts down without enough money to pay all benefits, the agency will cover those benefits, up to certain limits. Sears’ pension plans have about 100,000 beneficiaries. Edited November 8, 2017 by IndyPoolPlayer Quote
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