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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.
That year, the two brands counted 3,500 US stores between them and more than 300,000 employees. Today’s Sears’ footprint is minuscule, with no more than 12 Sears stores remaining in the ...
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 ...
The same federal agency also accused "Lampert of structuring the deal to inappropriately obtain ownership of the chain's Kenmore appliance brand and the Diehard tools brand." [57] On February 7, 2019, a bankruptcy judge approved a $5.2 billion plan by Sears’ chairman and biggest shareholder to keep the iconic business going.
Sears used to be the most popular destination for appliance buyers with its Kenmore brand and a 40 percent market share -- but its reign is about to end.
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 ...
Sears Hometown and Outlet Stores Inc. was an American retail company that sold home appliances, lawn & garden equipment, apparel, mattresses, sporting goods, and tools. [3] [4] The company had four subsidiary store formats: Sears Hometown, Sears Outlet, Sears Hardware and Appliance, and Sears Home Appliance Showrooms. [5]
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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