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Lampert revised his offer to buy Kenmore in August 2018 for $400 million and without Sears' Home Services division. [12] On October 14, 2018, Sears' parent company Sears Holdings filed for chapter 11 bankruptcy protection leaving the future of the Kenmore brand undecided.
A. O. Smith Corporation is an American manufacturer of both residential and commercial water heaters and boilers, and the largest manufacturer and marketer of water heaters in North America. It also supplies water treatment and water purification products in the Asian market. [ 5 ]
Sears has slowly succumbed to the malaise many retail stores are facing. Generations have relied on the iconic retailer for clothing, Craftsman tools, Kenmore appliances, and home goods. Now, the ...
Sears Hometown and Outlet Stores initiated a program to franchise Sears Outlet stores in 2012. In 2013, home appliances made up 78% of Sears Outlet's sales revenue and total revenue from Sears Outlet stores was $610 million. [42] In 2014, Sears Outlet partnered with the Make-A-Wish Foundation to support children with life-threatening conditions ...
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