Whats going on with Sears/KmartUS Stores, all these complaints, went to the Sears store Fri.to buy a saw .the employees seemed angry,not helpful at all.

Your stock Monday morning was $75.00 per share and Friday it closed at $69.72.

I lost a lot of money between Monday, Friday on your stock.Between angry employees and your stock dropping ,all these complaints are you going out of business and don't care anymore.I not waiting to find out like in 2002 Kmart US filed bankruptcy and the stock dropped to .25 cents per share,I dumping it Monday morning.

Monetary Loss: $5.


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A article today reported the following news.

Sears management apologized for such a lousy performance, and announced a gigantic turnaround. This includes:

The closing of 100-120 Sears and Kmart stores to generate cash and cut costs.

Investing heavily in technology to make operations more efficient. In January, the company equipped workers with 5000 iPads and 11,000 iPad touches for better inventory tracking and learning more about customers.

Getting rid of several executives and hiring former Brookstone CEO Ron Boire as chief merchandising officer.

The spinning off of their hardware and appliance products to smaller stores.


before Sears investors all start holding hands and singing "Kumbaya", let's analyze the ramifications of these new decisions.

Usually, the worst time to sell stores is when the company is suffering. This is for two reasons: First, when a company is desperate and needs to unload stores quickly, buyers will take advantage of this and pay less than the stores are worth. And second, if the company is having trouble getting customers to go to that location, a buyer would be concerned that customers still wouldn't come after the store was sold. Perhaps there is something wrong with the store itself or its location. So Sears will find itself either selling unprofitable stores for less than market value, or selling profitable stores and thus losing profits. The company is selling profitable and unprofitable stores.

Lampert has run Sears and Kmart stores for years under the philosophy of being frugal. Having cheap products, cheap technology, cheap renovation, cheap employees and frugal customers. So now, all of a sudden, Sears is going to start drastically throwing money on improvements? Is that the magic pill that will suddenly make everything better? The market certainly appears to think so. If that's the case, why didn't Lampert start doing that years ago? One could make the case that it's a new era of retail that demands more spending. If that's correct, it could still take years for Sears to figure this out. Why would investors think that Sears will become an instant success once money is thrown at the problem?

Sears is letting go of old executives and bringing in new ones. This also costs money in severance fees, signing bonuses, as well as getting the new executives acclimated into the Sears culture.

The spinoffs could be a success because its hardware and appliance segments have done well and might do better on their own. These segments include the famous Kenmore, Craftsman, and Diehard brands that Sears owns. Sears' management believes it was sometimes inconvenient for hardware buyers to find a specific piece of hardware or appliance in Sears huge outlet stores. An addition of these specialized stores would be easier for some buyers to find what they're looking for and also sometimes be a closer distance away. Even though Sears could make $500 million in the spinoff deal, there's no guarantee and it also will take away their hardware revenues, which would downsize the company further.

Sears' share price is now back to where it was before it lost $3 billion in 2011. It's as if investors thought that Sears management was asleep for the entire year, and now all of a sudden is drinking Red Bull and is on its A game. How do we know management wasn't on its A game last year but just had a tough logistical situation? If that's the case, then they can throw hundreds of millions of dollars at the problem and just make earnings worse, not better.

Now that the stock market has reached a high, and all the good news and announced changes for Sears has been absorbed, its momentum is bound to slow down. All the smart money has already invested in the company, starting with Ed Lampert in the $30s. At this price, it's primarily the momentum traders and dumb money that's jumping on board. No analyst would rate it a buy here. I doubt even Lampert or Berkowitz, Sears biggest holders, would recommend buying it here. After a stock has been shooting up like a rocket due to momentum and a huge short squeeze, when it cools off it inevitably reverses direction. It won't go back up until the fundamentals kick in. Right now, there's hope, but Sears is far far far from proving itself.


The SLD Sears stock is raising in price due to the lack of the stock on the market to buy, nothing else. Its still not worth much, just paper, not backed by growth or revenue.

Dehra Dun, Uttarakhand, India #436393

As a invester this stock is good for the short sell, buy and get out fast as it makes a few dollars,those investers who bought at 120.00 to a 100.00 a share wont see any return.Its still a junk stock. And all large rating company's still has not ungraded the stock, another sign it has no real value.

Erode, Tamil Nadu, India #435745

The sell off begins,the cash cow has stoped producing cash so they hope the reporting this morning will get the suckers back on board. Sears plans to spin off its outlet, hometown and hardware-store businesses, consisting of about 1,250 locations. The retailer also announced it will sell 11 stores to General Growth Properties for $270 million.

While the stock has nearly doubled this year, it’s worth putting the recent surge in perspective. Sears is still about 24% below its late-October highs, when it traded above $80. And the stock was above $120 as recently as April 2010.

So, Sears still has a long way to go before returning to the glory days. Eddie, Lou and Bruce this morning sounded like three ship captains of the Titanic selling off life boats.

Erode, Tamil Nadu, India #435697

Leading share holder Eddie Lampert: I Want Kenmore To Be The Apple Of Appliances, this was printed after Sears/Kmart reported a 2.4 billion dollar loss in its forth quarter.Don't he know Kenmore is nothing more than a plastic tag put on other manufachers appliances, applainces you can buy at any other applaince stores at a cheaper price.

Most of there telephone conference call this morning sounded like more empty promises, more yada yada yada.There starting the first of many sell offs.

Dehra Dun, Uttarakhand, India #431768

I have been a customer of Sears for over 35 years, I have made hundreds of purchases from appliances, repair agreements and clothing.I have never had a bad experience.I read Sears going out of business,thats bull ***,I read this site and it shows 1413 complaints, do you know how many sales and transactions Sears has a year,millions,1413 complaints is nothing compared to there sales.Maybe there not a great as they once were but truthfuly who is today. There are now in the process of rediscovering thereself and are doing a good job.If you want to buy from a company that does realy care buy from Sears.

Erode, Tamil Nadu, India #426703

Read the post on this site Authored by Former Tech manager posted Sept 3 2008,it has all the truths why this company is going down the drain and 3 years later nothing has changed.Before the change in 2005 associates loved to come to work and service our customers,now you have to be half medicated just to make it to work.

Dehra Dun, Uttarakhand, India #416218

If you are a share holder and plan to attend,sleep and eat cheap because you did not make anything off the SHLD stock.HOFFMAN ESTATES, Ill., Jan. 25, 2012 /PRNewswire/ -- Sears Holdings Corporation SHLD announced today that the 2012 annual meeting of stockholders will be held at the Company's headquarters in Hoffman Estates, Ill., on Wednesday, May 2, 2012.

In addition, the company announced that March 8, 2012 has been fixed as the record date for determination of the stockholders of the Company entitled to notice of and to vote at the annual meeting of stockholders.

Dehra Dun, Uttarakhand, India #413585

The influence behind the SLHD stock going up in price is Lampert the CEO spending $159 million dollars buying more Sears stock this week. That money would of been spent better upgrading and improving stores. Who gives a chit if the stock even reaching $1000.00 a share if it does not bring customers in to buy products.

Erode, Tamil Nadu, India #413016

A acticle today from a stock reporter reads as follows and I agree, there nothing to back up its gain. Remember Sears (SHLD), that company that could be in a death spiral already? Sears is now the best performing stock coming into 2012.

Something must have changed, right? No, nothing has. But when you mix a very hot market, buyout rumors, a very large short interest (58% of the float is shorted) and a low float (only around 40% of the outstanding shares trade in the open market), sometimes you get what you just saw: a 50% "straight up" move in a company with stock that should, instead, be imploding.

When a short squeeze happens in a company that's fundamentally compromised, like Sears, it doesn't last. And when it stops, the stock will do what you would expect a stock to do under this circumstance: plunge. Sears is, after this short squeeze, a $5.3 billion market capitalization, with nothing supporting such valuation - certainly not the huge loss estimates as far as the eye can see.

Indeed, Sears is a prime candidate to file for Chapter 11 during 2012.

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