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Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. [7] It was the 20th-largest retailing company in the United States in 2015. [8]
Kmart (/ ˈ k eɪ m ɑːr t / KAY-mart), formerly legally registered as Kmart Corporation, now operated by Transformco, is an online retailer in the United States and operates six remaining Kmart big-box department stores — 3 in the US Virgin Islands and one each in Kendale Lakes, Florida (Miami postal address); Bridgehampton, Long Island; and Tamuning, Guam.
Sears, Roebuck and Co. (/ s ɪər z / SEERZ), commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago.
Transformco, which owns Kmart and Sears, did not respond to an email seeking comment and a phone number listed for the company was not taking messages. Nationwide, some former Kmarts remain vacant ...
Both Sears and Kmart were owned by Sears Holdings, which filed for Chapter 11 bankruptcy protection in 2018 and narrowly escaped liquidation in early 2019. They were sold to their longtime ...
Website. transformco .com. Transform SR Brands LLC [3] ( doing business as Transformco, referred to as " New Sears ") [4] is an American privately held company formed on February 11, 2019, to acquire some of the assets of Sears Holdings Corporation. The new company is owned by ESL Investments.
On Tuesday, Sears Holdings (SHLD) shocked the world with news that it would close as many as 120 of its iconic Sears and Kmart stores. The reason: As the rest of the retail industry enjoyed a ...
Edward Scott Lampert (born July 19, 1962) [2] is an American billionaire businessman. He is the former chief executive and chairman of Sears Holdings, the founder of Transformco, and the founder, chairman, and chief executive of ESL Investments. Until May 2007, he was a director of AutoNation. [3] He was a director of AutoZone from 1999 to 2006 ...