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Various Kenmore kitchen stoves and other appliances at a Sears Outlet store in 2020. Kenmore's upscale line of products is known as the Elite line. Kenmore also has a professional line of appliances called Kenmore Pro. As of January 2019, the Kenmore brand had over 50 products listed as top performers on the non-profit website Consumer Reports ...
Sears Chief Executive Eddie Lampert's hedge fund, ESL Investments Inc, submitted bids last week of $400 million and $70 million for Kenmore and the department store's home improvement business ...
Sunbeam acquired Rain King Sprinkler Company producing a popular lawn sprinkler line of the 1950s and 1960s. Meanwhile, Sunbeam continued to expand outside of Chicago.By the end of the 1970s, as the leading American manufacturer of small appliances, Sunbeam enjoyed about $1.3 billion in annual sales and employed nearly 30,000 people worldwide.
The company ceased to exist on October 23, 2019, when Franchise Group acquired the Sears Outlet division [10] and Transform Holdco acquired the rest of the company. [ 11 ] The company's former subsidiary, Sears Hometown remained in business as an American retail brand of hardware and appliance stores and a Transform Holdco subsidiary with most ...
Because even though Kenmore is proudly advertised by Sears as "the best known name in appliances" with a product in 60% of American homes, Kitchenaid, Whirlpool, Bosch, and a host of other ...
Simeon Siegel, a retail analyst at BMO Capital Markets, said it was still possible for a store with strong brand-name recognition, like Sears, to make a comeback, even in the internet age.
Coldspot was a brand by US retail company Sears that existed from 1928 to 1976, when it was replaced with the Kenmore brand. [1] The brand was originally created for a line of refrigerators. Other products sold under the Coldspot brand included freezers, dehumidifiers, and window air conditioning units.
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