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How much longer do you think Sears and Kmart Have?

6 Months
- 19 (19.4%)
9 Months
- 9 (9.2%)
One Year
- 28 (28.6%)
Two Years
- 20 (20.4%)
Five Years
- 13 (13.3%)
Ten Years
- 1 (1%)
They'll be around forever!
- 8 (8.2%)

Total Members Voted: 98


Author Topic: Sears-Kmart Death Watch  (Read 47031 times)

kkt

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Re: Sears-Kmart Death Watch
« Reply #550 on: November 24, 2021, 05:33:13 PM »

I just read that Kmart plans on closing all but 6 remaining stores by the end of the year. Last time I checked there were around 16 Kmarts left so 10 stores. At this point why do they even bother keeping the remaining ones open?
Yeah if there are that few why keep them open? I have no idea where the closest Kmart is to me anymore and don't think I'll ever be in one again.

My guess would be the lease agreement on the stores may not have an early termination clause that applies to this situation and may require the store to stay open.
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Flint1979

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Re: Sears-Kmart Death Watch
« Reply #551 on: November 24, 2021, 06:36:29 PM »

I just read that Kmart plans on closing all but 6 remaining stores by the end of the year. Last time I checked there were around 16 Kmarts left so 10 stores. At this point why do they even bother keeping the remaining ones open?
Yeah if there are that few why keep them open? I have no idea where the closest Kmart is to me anymore and don't think I'll ever be in one again.

My guess would be the lease agreement on the stores may not have an early termination clause that applies to this situation and may require the store to stay open.
That is probably true. I wonder how many of these Kmart stores are actually profitable.
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tolbs17

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Re: Sears-Kmart Death Watch
« Reply #552 on: November 25, 2021, 12:40:45 PM »

Sears is also closed at the Triangle Town Center in Raleigh too. So no more sears in North Carolina!!! (This was posted late)

https://www.wral.com/sears-at-triangle-town-center-closing-in-october-markdowns-have-begun/19851276/
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tchafe1978

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Re: Sears-Kmart Death Watch
« Reply #553 on: November 25, 2021, 12:49:35 PM »

At this point, if you're still working for Kmart, when do you start looking for a new job? Or why wouldn't you have already found a new job? Why would anyone still be working on a sinking ship? Or is it like being part of the orchestra on the Titanic?
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Max Rockatansky

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Re: Sears-Kmart Death Watch
« Reply #554 on: November 25, 2021, 03:10:19 PM »

At this point, if you're still working for Kmart, when do you start looking for a new job? Or why wouldn't you have already found a new job? Why would anyone still be working on a sinking ship? Or is it like being part of the orchestra on the Titanic?

A lot of people this last decade took it Kmart and Sears as an opportunity to get management experience.  Example; one of the guys who used to be an LP investigator for me back when I worked at Sears 2005-2010 couldn't get an opportunity to be a manager when company still had a pulse.  He basically stayed on for close to another decade closing stores down as an LP Manager and came away with solid paper experience he could take to other companies.

I would imagine a lot of hourly people just need jobs or potentially whatever benefits might be available.  The annual turnover rate in normal retail is 40-60% anyways so I can't imagine that the remaining Kmart and Sears stores is viewed much differently to other retailers on that level.     
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Scott5114

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Re: Sears-Kmart Death Watch
« Reply #555 on: November 25, 2021, 09:38:38 PM »

Maybe I should start putting down on my resume that I was a general manager at Sears once they go under. How would anyone check?
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Max Rockatansky

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Re: Sears-Kmart Death Watch
« Reply #556 on: November 25, 2021, 09:41:43 PM »

Maybe I should start putting down on my resume that I was a general manager at Sears once they go under. How would anyone check?

About the best you can do is look up the address referenced.  The store I was at closed a long time ago.  When I was going through my Federal background it was the only item that had a viable reference point.  I suppose it would be pretty easy to fake provided you can easily fabricate some “professional references” also.
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LilianaUwU

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Re: Sears-Kmart Death Watch
« Reply #557 on: November 25, 2021, 09:56:52 PM »

Maybe I should start putting down on my resume that I was a general manager at Sears once they go under. How would anyone check?

That wouldn't work... nobody in their right mind would proudly say on a résumé that they worked at Sears.  :bigass:
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Max Rockatansky

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Re: Sears-Kmart Death Watch
« Reply #558 on: November 25, 2021, 10:04:00 PM »

Maybe I should start putting down on my resume that I was a general manager at Sears once they go under. How would anyone check?

That wouldn't work... nobody in their right mind would proudly say on a résumé that they worked at Sears.  :bigass:

Pre-Eddie Lampert dumpster fire with Sears actually used (probably does) to hold some weight for managment positions. 
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epzik8

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Re: Sears-Kmart Death Watch
« Reply #559 on: November 25, 2021, 10:08:37 PM »

I just went into the last remaining Kmart store in the state of Michigan which is located in Marshall. Serious lack of energy, and nothing has changed from the last time I was in a Kmart store. There are a few customers, empty shelf space, dead areas of the store. Talk about a company that is lost in the 90s. They were still using IBM monitors at their checkout lanes too.

I bought a pop on the way out just so I can say I bought something. By the way John was a very strange individual, he talked very loud and wanted me to help out St Jude's which I didn't.
Actually I posted the receipt from my very last trip to the Marshall Kmart.
I think some Targets kept their IBMs until pretty recently.
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Flint1979

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Re: Sears-Kmart Death Watch
« Reply #560 on: November 26, 2021, 08:04:33 AM »

I just went into the last remaining Kmart store in the state of Michigan which is located in Marshall. Serious lack of energy, and nothing has changed from the last time I was in a Kmart store. There are a few customers, empty shelf space, dead areas of the store. Talk about a company that is lost in the 90s. They were still using IBM monitors at their checkout lanes too.

I bought a pop on the way out just so I can say I bought something. By the way John was a very strange individual, he talked very loud and wanted me to help out St Jude's which I didn't.
Actually I posted the receipt from my very last trip to the Marshall Kmart.
I think some Targets kept their IBMs until pretty recently.
The thing that got me was the Sears receipt rolls like they ran out of their own so they probably just started using old ones from Sears that were never used.
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kalvado

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Re: Sears-Kmart Death Watch
« Reply #561 on: November 26, 2021, 08:12:41 AM »

I just went into the last remaining Kmart store in the state of Michigan which is located in Marshall. Serious lack of energy, and nothing has changed from the last time I was in a Kmart store. There are a few customers, empty shelf space, dead areas of the store. Talk about a company that is lost in the 90s. They were still using IBM monitors at their checkout lanes too.

I bought a pop on the way out just so I can say I bought something. By the way John was a very strange individual, he talked very loud and wanted me to help out St Jude's which I didn't.
Actually I posted the receipt from my very last trip to the Marshall Kmart.
I think some Targets kept their IBMs until pretty recently.
The thing that got me was the Sears receipt rolls like they ran out of their own so they probably just started using old ones from Sears that were never used.
Do you think they worry about brand integrity any more?
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Flint1979

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Re: Sears-Kmart Death Watch
« Reply #562 on: November 26, 2021, 08:14:30 AM »

I just went into the last remaining Kmart store in the state of Michigan which is located in Marshall. Serious lack of energy, and nothing has changed from the last time I was in a Kmart store. There are a few customers, empty shelf space, dead areas of the store. Talk about a company that is lost in the 90s. They were still using IBM monitors at their checkout lanes too.

I bought a pop on the way out just so I can say I bought something. By the way John was a very strange individual, he talked very loud and wanted me to help out St Jude's which I didn't.
Actually I posted the receipt from my very last trip to the Marshall Kmart.
I think some Targets kept their IBMs until pretty recently.
The thing that got me was the Sears receipt rolls like they ran out of their own so they probably just started using old ones from Sears that were never used.
Do you think they worry about brand integrity any more?
I think that went out the window years ago.
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