More sacrificial shenanigans involving Sears-Kmart, raping starving taxpayers to feed the greedy property developers.
WJLA: Is Lowe’s honoring Sears’ Craftsman Lifetime Warranty?
Bloomberg: Sears Retirees Fight Life Insurance Termination as Heirs get Zip
Transport Topics: Lampert’s newly created Transform Holdco sues bankrupt Sears for $130-million+!
Fortune: Lampert reneges on promise to provide severance to laid-off employees
Seven Decades of Self-Destruction
Roll Call: Leftist liberal politicians all up in the U.S. Treasury secretary’s business over Sears bankruptcy
Reuters: Kmart, and others, accused of copying UGG boot design
KBUL: Woman defrauds Kmart and Taxpayers of nearly $220,000, using SNAP
Law360: Sears Estate Looks To Avoid $194M Canadian Court Fight
Wall Street Journal:Sears Fights With Foreign Suppliers
Chicago Tribune: Lands’ End severing its links with Sears: “We’re not in their long-term plans, and they’re not in ours”
ALABAMA: The taxpayers of Albertville forced to buy the vacant Kmart building almost a year ago, and still no one knows what it’s going to become.
CONNECTICUT: police arrested two men in “Sears Scam”
FLORIDA: Sears warehouse in North Jacksonville now available for lease. Sears Holdings sold it in 2018, but only recently vacated.
Taxpayers of Flagler County just spent $1.1-millionUSD buying a vacant Sears, and now they’re going to have to pay even more to clean up the damage found inside!
Woman regrets buying ‘squirrel-y’ clothes dryer from Sears Hometown: “It sounds just like a hamster wheel and it is driving me mad! How many times do I have to call for them to come fix my machine?”
ILLINOIS: Home Depot (and other big box stores) accused of conspiracy to avoid paying ‘retailers’ occupation tax’ on Sears Branded home appliances, by treating the direct sale and installation of Sears branded appliances as a contracted job!
IOWA: The Sears Hometown in Clinton is shutting down in June, because the owner is moving the retail operation to a different city.
KANSAS: The Lexena Sears Outlet is now a children’s play park. Back in February local news media were leaked shutdown info, but the Sears Outlet staff swore they knew nothing about any shutdown.
NEW YORK: Even though Eddie Lampert claims he doesn’t have money to pay laid-off employees severance, it was revealed that Lampert’s newly created Transform Saleco (aka Transform Holdco) bought the ShoppingTown Mall Sears store for $3.9-million.
All is not well in Wellsville, or in Allegany County, the economic situation is so bad that a coalition of christian organizations holding a prayer service in the recently shutdown Wellsville Kmart.
OKLAHOMA: The Enid Sears Hometown store shutting down as soon as the inventory is gone.
The Enid store manager says it’s bullshit: “I’ve only been manager here for a couple months, and they’ve already laid me off…. …We’re a premier store. I actually won an award in April for sales, and then they told us they were closing. This store was doing great.”-Jeremiah Alcorn
PENNSYLVANIA: Sears Appliance & Hardware in Lower Nazareth Township shutting down in mid-June, local news media report that it is one of only 11 such stores remaining in the U.S.
TENNESSEE: Taxpayers could soon to be the happy new tenants of the vacated Oakdale Mall Sears, if a resolution is approved turning the former retail space into the new HQ for the Broome County Department of Social Services.
The vacant Sears Tire America sold to the owners of Regency Square mall for $2.1-million, much more than the county’s assessed value of $1.8-million.
WASHINGTON: Surprise! After months of claiming the store wasn’t shutting down, the Walla Walla Kmart is shutting down, in July.
WISCONSIN: Happy taxpayers being forced to ‘loan’ a property developer $4-million to turn a vacant Sears building into a ’boutique’ hotel. The $4-million “investment” is just part of a larger iceberg of covert-debt (loans appear as assets on the books, but you’re screwed if the debtor goes bankrupt) the exalted leaders of Milwaukee have hit local taxpayers with.
Sears Kmart death spiral, April 2019: ‘Spooked’