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Thread Number: 72796
/ Tag: Other Home Products or Autos
It's as good as official.. Sears Canada bites the dust. |
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Post# 961796 10/10/2017 at 17:21 (2,387 days old) by petek  (Ontari ari ari O ) |
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Post# 961799 , Reply# 1 10/10/2017 at 17:48 (2,387 days old) by appnut (TX) |
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Post# 961807 , Reply# 2 10/10/2017 at 19:04 (2,387 days old) by petek (Ontari ari ari O ) |
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Post# 961812 , Reply# 3 10/10/2017 at 19:36 (2,387 days old) by wayupnorth (On a lake between Bangor and Bar Harbor, Maine) |
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I read on the CBC website that there is essentially nothing left for the Canadian employees retirement accounts that I assume they paid into. Sears deserves to go down and out and I will never go there again. Friends had a Sears Hometown Store, worked good until the new asshole took over took over, K-Mart next and it was cut, cut and you make less. They sold their store and never regretted it.
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Post# 961816 , Reply# 4 10/10/2017 at 19:54 (2,387 days old) by petek (Ontari ari ari O ) |
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I'm not sure what happens to Sears retiree pensions, they could be gone or severely reduced. I guess it all depends on what a court decides who gets paid first.. pensioners or creditors. I'm glad I'm not in that boat, being as railroads are privately owned but federally regulated they had to provide guaranteed pensions to all employee's much the same way as federal govt employee's . | ||
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Post# 961818 , Reply# 5 10/10/2017 at 20:06 (2,387 days old) by DaveAMKrayoGuy (Oak Park, MI) |
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Post# 961826 , Reply# 6 10/10/2017 at 20:15 (2,387 days old) by Ultramatic (New York City) |
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Sad. | ||
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Post# 961852 , Reply# 7 10/10/2017 at 22:07 (2,387 days old) by mrsalvo (New Braunfels Texas) |
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I'm not surprised, but still very saddened. Holiday season is almost here and they couldn't wait it out. Feel really bad for the employees. I have a feeling the stores in the USA won't be far behind. I hope, at least, JC Penny's can hang in there. | ||
| Post# 961856 , Reply# 8 10/10/2017 at 22:19 (2,387 days old) by rpms (ontario canada) | ||
Sears,R.I.P.
I worked at the Sears bump and dent in Kitchener 20 years ago. Got some amazing deals on stuff and got better hours than working at the main store. What a shame. You would think with less and less competition they would have survived? Going to unload the Kenmore dishwasher and watch t.v from the Stratford Sears store. | ||
| Post# 961865 , Reply# 9 10/10/2017 at 23:50 (2,387 days old) by dartman (Portland Oregon) | ||
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Got my latest washer and dryer from them at their scratch and dent stores here, got great deals and they worked great. They probably will go like Radio Shack did, which also sucked. I loved their tools and always made a few runs a year looking for deals on things and the catalogs back in the day truly were our wish books. | ||
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Post# 962030 , Reply# 10 10/11/2017 at 19:47 (2,386 days old) by jamiel (Detroit, Michigan and Palm Springs, CA) |
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Post# 962620 , Reply# 12 10/14/2017 at 23:21 (2,383 days old) by petek (Ontari ari ari O ) |
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I poked my head in our Sears yesterday and noticed they had Black Friday notices up on a lot of the appliances,, guess that won't be happenin.. And today I drove by and their parking lot was really busy.. yet the clearance sales don't start till the 19th.. not sure what's up with that in peoples minds. | ||
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Post# 962841 , Reply# 13 10/16/2017 at 09:40 (2,381 days old) by jamiel (Detroit, Michigan and Palm Springs, CA) |
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Post# 962852 , Reply# 14 10/16/2017 at 10:58 (2,381 days old) by petek (Ontari ari ari O ) |
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Liquidation starts this Thursday,, and looks like any extended warranty's won't be honored. CLICK HERE TO GO TO petek's LINK | ||
| Post# 962886 , Reply# 15 10/16/2017 at 14:14 (2,381 days old) by agiflow2 () | ||
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Soo sad. Just a matter of time here in the US. | ||
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Post# 962889 , Reply# 16 10/16/2017 at 15:00 (2,381 days old) by wayupnorth (On a lake between Bangor and Bar Harbor, Maine) |
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Post# 962918 , Reply# 17 10/16/2017 at 18:22 (2,381 days old) by petek (Ontari ari ari O ) |
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Post# 962927 , Reply# 18 10/16/2017 at 19:09 (2,381 days old) by wayupnorth (On a lake between Bangor and Bar Harbor, Maine) |
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Petek, being closer to Canada than any other state, I read CBC daily as I have relatives in Canada. I just wished we had whatever system you guys have for healthcare not having whatever we have left taken away by the swipe of a pen. Someone in Canada told me since my grandfather was never naturalized and my father was born there, I could be a dual citizen. and the last 9 months makes me wish I could go a few miles away and be with the nice people there, who are more tolerant, understanding and way more friendlier. I am pretty much in limbo not knowing WHAT that jerk does next. Go to the hospital,and send the bill to 1600 Pennsylvania in DC will be next.
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Post# 982996 , Reply# 19 2/16/2018 at 09:00 (2,258 days old) by CleanteamofNY ((Monroe, New York) |
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JCP Stores closing
Here we go..., the retail market is sliding for the past two years and it's going to be the fittest who wins....
These are the stores J.C. Penney plans to close in 2018
t's part of the company's ongoing plan to right-size Penney's store fleet as more sales move online. Penney operates roughly 875 department stores today. That's after the retailer shuttered nearly 140 stores throughout 2017. Earlier this week, the retailer said it would also close one of its fulfillment centers in Wisconsin this summer, eliminating more than 600 jobs as a result. The eight store closures are estimated to result in about 480 job cuts, the company said, and operations at those locations should be completely winded down by May. Here are the cities where Penney is closing stores: St. Louis, MO Paramus, NJ Galesburg, IL Alexandria, MN Bartlesville, OK Burlington, WA Calexico, CA Mt. Vernon, OH "We continually evaluate our store portfolio to ensure our locations offer the best expression of the JC Penney brand and can function as a seamless extension of our omnichannel experience," a spokesman told CNBC. "During this review, the decision was made to close eight stores across the country." CLICK HERE TO GO TO CleanteamofNY's LINK | ||
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