‘Spooked’: Sears, Kmart death spiral, April 2019

In British empire Canada leftist liberals turn abandoned Sears store into art gallery

Milwaukee Business Journal: Lawsuit calls 2014 spinoff of Lands’ End from Sears ‘fraudulent’

The Nation: Hedge-Fund Ownership Cost Sears Workers Their Jobs.

Reuters: Sears Holdings sues Lampert, ESL, and U.S. Treasury Secretary Steven Mnuchin, claiming conspiracy to destroy the retailer

USA Today: Lampert disclosed in a public filing that Sears Hometown and Outlet Stores was set to vote Monday afternoon “to determine to liquidate the Hometown segment of the business.”

Bloomberg: Eddie Lampert’s ESL Moves to Block Sears Hometown Liquidation

Seeking Alpha:Sears Bankruptcy Is In Chaos

abc7chicago.com: Sears Warranty Wars

Chicago Tribune: Sears offering to buy-back full control of Hometown and Outlet stores, for $21-million

Sears going back to the future to win shoppers back 

Forbes: Benefits Cut, Empty Shelves And Spooked Employees

Law360: Lampert Defends Hold Of $15M In Credit Card Reserves

Sears Outlet Says 3 Ex-Employees Stole Trade Secrets and confidential employee information

Crypto Briefing: Sears To Integrate Bitcoin Payments 

Law.com: Lawsuit to Proceed Against Sears Over Alleged Faulty Jack that Killed

ARIZONA: Glendale’s Sears store and Auto Center being shutdown by Lampert’s new Transform Holdco, in May, the lease was not renewed because the store is “unprofitable”.

ARKANSAS: Surprise, the Hot Springs Mall Sears store is being shutdown at a so far unknown future date, mall management said “We knew it would be coming, but we didn’t know when. We thought they would be here for one or two more years.” 

FLORIDA: Eddie Lampert’s new Transform Holdco shutdown the Volusia Mall Sears last month and it turns out the Sears property was already sold for $5.9-million USD, and guess who bought it?  Eddie Lampert’s ESL Investments, but that’s not all, newly released documents show Eddie Lampert’s ESL bought the doomed property one month before it shutdown!!!

The ongoing fight between Neptune Beach taxpayers and a property developer who wants to turn a vacant Kmart into a retail/residential ‘amusement park’, goes to court.

Real World TV show property owning millionaire buys $8-million USD property, then gets caught stealing $300 worth of kitchen appliances from Key West Kmart!

Rodents still being found in the food being sold at a Kmart in Palm Beach County!

GEORGIA:  The ‘lucky’ residents in Rome get to pay extra taxes in a new Tax Allocation District to rebuild the old Kmart property!

HAWAII: Eddie Lampert’s new Transform Holdco decided against continuing the lease for the Kaneohe Sears store and Auto Center, the store will shutdown by the end of the month.  The store was part of Lampert’s recent Sears Holdings bankruptcy purchase.  Essentially, Lampert’s new Transform Holdco replaces Sears Holdings.

ILLINOIS: Just six months after the grand re-opening, Transform Holdco suddenly shutting down it’s Oak Brook Village Sears store, on Sunday, April 28th.    Oak Brook Village President Gopal Lamalani said there was no warning from the new Transform Holdco: “We didn’t have any heads-up. We actually heard it from the media first. We didn’t know anything about the fact that this was coming.”

The city of Champaign wants to force taxpayers to bribe Costco into moving onto a property that once was home to a Sears Store, by creating a tax incentive plan!

MASSACHUSETTS: Acton Town Big Kmart shutting down in April 2021, due to the property owner deciding against renewing the lease with Kmart-Sears Holdings.  It was revealed after the town council was approached with the idea of burdening town taxpayers with the idea of spending at least 7-million tax dollars buying the property from the current owner!

NEW MEXICO: Property developer and residents going head-to-head over what to do with the abandoned Albuquerque Kmart, but ultimate blame for nothing being done is going to the city’s faulty zoning laws.

NORTH CAROLINA: 87-year-old Sears customer went the whole winter without heat, Sears repairman said the furnace uses parts made in Canada that are no longer available! So much for the warranty!

OHIO: Sears at the Ohio Valley Mall shutting down during Summer, local news reports say the mall operator was originally told the store would NOT be shutting down, but at the same time admitted “Our real estate people saw this coming 10 years ago”.

OKLAHOMA: The taxpayers of Oregon City about to become the owners of the vacant Kmart. Taxpayers were already forced by their exalted leaders to pay $200-thousand to clean up asbestos, now they’re going to shell out $3-million over the next ten years to lease the property, and then an additional $3-million if the city leaders decide to buy the property!!!

OREGON: The owners of two franchised Sears Hometown Stores have cut ties with corporate and dropped the Sears brand name.  

PENNSYLVANIA: Locally owned Sears in Flemington shutting down, no explanation from the owner (a former Sears employee) but ignorant local news media blame it on competition from big-box and internet.

In October 2018, the Lawrenceville property which is home to a Sears Outlet store was purchased for $10-million USD, now those new owners have given up on their plans for the property and are selling it.

TENNESSEE: The owners of the Sears Hometown in Covington are blaming corporate for their sudden shutdown. The owners claim they were a profit making store until corporate changed the ‘bonus program’ in November last year: “We lost almost 80% of our profits because of this ‘reform’!”-Angie Richardson, co-owner 

TEXAS:  Incompetent Sears repairman creates a $1,834 ‘mess’ and makes disabled veteran pay for it!

Sear Kmart death spiral, March 2019:“IMPROPERLY RETAINED”