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Sears Home Services – a division of Sears that specializes in appliance repair, lawn and garden services, HVAC service, as well as most in home services. It was announced in July 2020 that Transformco was exploring the "sale of its home improvement business following interest from potential suitors."
In 2005, Sears sold a 19.9% interest in the company to Ares Management of Los Angeles for US$58.7 million, announcing expansion plans at the time. [ 20 ] [ 21 ] Ares had the option to later purchase another 30.2% stake in the company for US$126.8 million, but did not exercise this right.
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 ...
In July 2017, Sears announced that it would stock Kenmore products on Amazon, and also support integration between its appliances and Amazon Alexa. [ 8 ] [ 9 ] [ 10 ] In April 2018, Sears CEO and major investor Edward Lampert , along with his hedge fund ESL, offered to buy the brand along with Sears Home Services in order to diversify Sears ...
Sears Home Services can also do a repair on small appliances in-store. Sears PartsDirect – a chain of lawn-and-garden equipment and appliances parts stores. Some stores, branded as Sears Parts and Repair Centers, feature a carry-in point for customers to bring merchandise in that needs to be repaired either in- or out-of-warranty.
Sears, Roebuck and Co., commonly known as Sears (/ s ɪər z / SEERZ), [6] 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. [7]
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