/biz/ - Business & Finance

>>15440135
Fucking Christ anon that would have been really useful an hour ago.

>>15440135
Fucking shit holy fuck delete the post you ducking idiot NOW

>>15440155
They just announced it to me just now I am literally in the bathroom

Fucking hell

>>15440135
>Just got notice that I will be getting laid
nice
>off
oh

>>15440135
>still holding sears stock

>>15440135
This is the SEC
That stands for Securities and Exchange Commission
We demand you post as a reply to this post your name, address, and social security number.

>>15440135
Its in ELKVIEW so they couldnt even give me a heads up before the media got ahold on it

>>15440135
I’m serious dude delete the post cause if SEC finds out this shit it’s no bueno

>>15440135
Me in the historic screencap plx

Can I anonymously post information about the company I work for?
Is it still spreading insider information if no one has any reason to believe me?

Tbh the fact that insider trading is illegal at all is kind of confusing for me.

These stores are a relic of the past, it's depressing seeing them go.

>>15440226
Post shit now cause this is gonna get deleted name of company and tip
Get it off your chest anon

he ruined our master plan

kill him

>>15440239
More depressing going into a kmart

>>15440135
Well... It's not like Sears stock could get any worse. It's only worth a quarter.

>>15440135
Didn't you just get hired a month ago? Shame on what's happening.

if k mart can't survive, what brick and morter stores can?

did k mart just get brought out by someone else?

>>15440527
wallmart can

>>15440135
>posting insider information on a malaysian basket weaving forum

>>15440533
does't count, walmart is a subsidiary of the us government, the military retail complex. the stores are connected underground and they will be used as shelters or concentration camps when the happening occurrs.

why you wanna find a new job OP?

i worked for marie callednars and we got shut down

now im enjoying 6 months of unemployment

i get paid 270 dollars every week for 6 months
and i have 15k link.

>>15440439
Thought it was delisted months ago.

>>15440570
dam dude real shit right here

>>15440135
I didnt know there were any KMarts left.

>>15440527
Target is doing well.

I'm an analyst at one of the biggest department stores in the US. Our sales have been crashing to 50% of normal for the last two quarters, and our automatic pricing systems are launching tons of sales to try to drive revenue, but it's not working.

Are you all ready for a huge recession?

>>15440827
This reminds me so much of Idiocracy.

"The computer did that auto layoff thingie an do I don't know what to do!"

>>15440827
Why be a fag and not just say the name lol otherwise who gives a shit

>>15440827
Engineer here, can confirm. I work at an unnamed retail Corp and our sales are down 30% quarter over quarter.

Buy BSV and gold to survive the next recession.

>>15440836
I went to the grocery store yesterday and there were tons of sales on food. Let that sink for a moment how deeply this crisis is going to hurt, if grocery stores can't get people to buy food.

>>15440827
Kohl’s

>>15440178
kek glodubey id

>>15440850
There are sales on food constantly, wtf are you on about

>>15440888
They had giant "sale!!!" signs plastered on almost every item I looked at.

>>15440888
He’s an idiot larper who wants to lend credence to his conspiracy the market is about to plummet any second now
>>15440840
Called him out instantly I’m impressed

>>15440135
Hey so it would be smart to option trade and buy put??

>>15440895
Maybe they're closing? What store? Just a random bodega?

>>15440910
Meijer

>>15440918
So you work at Macy’s which would be an indication of absolutely nothing

>>15440135

Only around 86 stores are closing. There is no stock, retard. The company is now privately held. It was bought out of bankruptcy by ESL Investments and turned into a new company called Transform Holdco.

>>15440918
Hello fellow GR anon. You guys stop the layoffs yet?

>>15440926
I do not

>>15440827
To be fair though pre labor day is when shopping goes to zero. I'm also a retailer. It's been tough since June, but fucking BRUTAL last week and this week so far.

Hopefully it doesn't last like this.

>>15440948
Meijer is in the Midwest and department stores from the Midwest would be Macy’s in cinci, whatever wexners brands are and I don’t know where the HQ is I can imagine in Columbus either way you sound like. A larping retard

>>15440968
lol

>>15440909
Who is going to buy your option anon? WHO?

>>15440982
Larp

>>15440827
Good. We need the whole corrupt edifice to burn down so we can start anew.

>>15440827
How does it feel to have Bezos eating your lunch?

>>15441120
Honestly, they're probably going to acquire us, which would mean a 100% raise, so pretty comfy desu.

>>15440895
Yea cause they want to get rid of their stock for new stock. Stop being retarded.

>>15440135
Saucy
https://www.forbes.com/sites/warrenshoulberg/2019/08/30/searsageddon-massive-headquarters-layoffs-more-store-closings-reported/#344f963666e0

>Eddie says FUCKING PLEBS

>>15441149

Based Lampert. I worked at a kmart through high school and college. Was a fun and easy job. Pay was shitty af but we basically did whatever we wanted and fucked around all day.

I used to work at Sears and the way Eddie Lampert ran that company into the ground should be criminal, his real estate company stands to inherit much of the real estate that Sears owns once it goes under so if Sears dies he stands to make a mint through his other company. It's pretty obvious that he did it on purpose, the stores are ran like shit with no leadership, old products, shitty prices, etc. It's not like Sears died because of Amazon and Wal Mart, although that's a huge reason, Eddie Lampert just let go of the controls and crashed the plane with no survivors.

>>15440895
It's labor day weekend you idiot.

>>15440135
>>15441149

ITS REAL AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!

>>15441149
>>15440135
Fucking kek. Pretty smart of them to do it after closing bell right before a long weekend. Trump will do 10 more newsworthy things between now and market open on Tuesday so people will forget all about this.

>>15441218
Sauce? Is this real? How is it possible for his real estate company to benefit like this and he doesn’t get charged for it?

>>15441539
Just Google "Eddie Lampert Real Estate" and you'll see tons of articles that talk about it.

But in a nutshell, he (purposely in my opinion) ran Sears into the ground because he is selling off it's assets to himself.

You'd have to work at Sears to really understand how piss poor the entire company was managed, it was almost as if they were purposely squandering money on useless upgrades while neglecting the shit that would actually make a difference in profit.

>>15440135
Probably bullshit if he still has this up.

>>15440135
hahaha i got some stories about working there. The last time I was there they brought in a pajeet street shitter fat women to try to reorganize the store. The white guy who managed the store had to bend over for her. Shit was fucking stupid. I can tell you why they went under too.

>>15440570
Holy Kek

Do anons know what it means for us not to have a strong retails and be dependent on Amazon 2 fucking day delivery? If we go to war- the opposing country will know exactly where to hit (Amazon prime facilities) so the entire country is fucked.

What do ?

Based thread op anymore to share?
What will you do now that you slavery has been severed and you're free? Are you terrified of freedom? Existential dread?

>>15441881
Sorta is the Ceo announced it an our before the post was made.

>>15440546
>>15440155
>>15440164
>>15440186
>>15440189
Its already public by announced it I mean my store will be announcing the sell off on the 1st.

Why would they close before the end of the holidays?

>>15442140
They have been bleeding out for years already, another holiday season aint gonna do shit. Who the fuck shops at Sears anymore?

>>15442235
ID confirms my business expertise

>>15440990
Some dummy that doesn't know yet

Imagine being a wager in 2019

>>15442235
Sears has the best warranties on kitchen appliances (fridge/dishwasher). That is about all they have going for them though.

>>15440177
keked and checked