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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. Following the Chapter 11 bankruptcy filing of Sears Holdings on October 15, 2018 ...
After Sears relocated, the building was home at different times to a nightclub, a car dealership, a day care center, and a housing authority office, before becoming vacant for several years. In 2007, it was purchased by Ilan Zaken, owner of the hip-hop clothing company Miskeen Originals, for $2.7 million (~$3.82 million in 2023).
National Tire and Battery (NTB) is an American brand of auto service centers.It was formerly owned by Sears until it was spun-off in 2003. In 2020, Mavis Tire Supply Co. bought 112 NTB Tire & Service Centers, leaving the parent TBC Corporation with 615 locations under the Tire Kingdom and NTB brands.
Sears used to have at least 11 stores in New Jersey, however they all have closed (or about to close) since the brand’s 2018 bankruptcy that resulted in hundreds of closures around the US.
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The once-dominant American retailer hopes to reemerge with some part of its business intact.
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