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1. www.retaildive.com › news › supreme-court-declines‘It’s done, it’s over’: Eddie Lampert’s Sears case won’t go ...

   www.retaildive.com › news › supreme-court-declines

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   Mar 27, 2023 · Published March 27, 2023. Daphne Howland Senior Reporter. Daphne Howland/Retail Dive. Last week the Supreme Court delivered a hard stop to arguments made by former Sears CEO Eddie Lampert and...

   • Author: Daphne Howland

2. Videos

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     5:14

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     Breaking News: TransformCo Permanently Closed Sears at The Gardens Mall in Palm Beach Gardens, FL

     Mar 1, 2024

     1.2K Views

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     4:31

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     Breaking News: TransformCo Closing Sears at Friendly Center in Greensboro, NC in Summer 2023

     Apr 13, 2023

     725 Views

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     3:21

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     Breaking News: TransformCo Selling Hoffman Estates, Illinois Headquarters Beginning in January 2022

     Dec 14, 2021

     1.3K Views

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3. www.cnn.com › 2022/12/13 › businessSears Hometown files for Chapter 11 bankruptcy protection - CNN

   www.cnn.com › 2022/12/13 › business

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   Dec 13, 2022 · Transformco reacquired the company after it bought Sears out of bankruptcy in 2019. The average Sears Hometown store is only 8,000 to 10,000 square feet, a fraction of the size of the average...

4. www.marketwatch.com › story › sears-and-creditorsSears and creditors reach $175 million deal with Eddie ...

   www.marketwatch.com › story › sears-and-creditors

   Aug 12, 2022 · After four years stuck in bankruptcy limbo, Sears Holdings and its creditors have reached a settlement with former Chief Executive and majority shareholder Eddie Lampert and other investors,...

5. People also ask

   Does TransformCo still own Sears?

   • Transformco, the holding company controlled by Edward Lampert that bought the assets of Sears Holdings (also once controlled by Edward Lampert) out of bankruptcy court two years ago, is now saying its future rests with these nearly 300 local stores rather than its once ubiquitous large-format locations.

   Why Sears Is Getting Smaller, But In Two Entirely Different Ways - Forbes

   www.forbes.com/sites/warrenshoulberg/2021/09/28/why-sears-is-getting-smaller-but-in-two-entirely-different-ways/

   See all results for this question

   How many TransformCo stores are there?

   • In a statement to USA Today, Transformco – which rarely makes any kind of public announcements these days – said it continues to operate more than 300 stores in total under the Sears and Kmart banners.

   Why Sears Is Getting Smaller, But In Two Entirely Different Ways - Forbes

   www.forbes.com/sites/warrenshoulberg/2021/09/28/why-sears-is-getting-smaller-but-in-two-entirely-different-ways/

   See all results for this question

   What is TransformCo's strategy for Sears & Kmart?

   • But Transformco told USA Today its "go-forward store strategy for Sears and Kmart is to operate a diversified portfolio consisting of a small number of larger, premier stores with a larger number of small format stores."

   Why Sears Is Getting Smaller, But In Two Entirely Different Ways - Forbes

   www.forbes.com/sites/warrenshoulberg/2021/09/28/why-sears-is-getting-smaller-but-in-two-entirely-different-ways/

   See all results for this question

   Does TransformCo still have a top line?

   • With so few full-line locations remaining and these smaller stores being essentially owned by others, Transformco’s top line would seem to be a mere fraction of what Sears Holdings was at its peak in 2006 when it did just over $53 billion in annual sales according to Statista.com.

   Why Sears Is Getting Smaller, But In Two Entirely Different Ways - Forbes

   www.forbes.com/sites/warrenshoulberg/2021/09/28/why-sears-is-getting-smaller-but-in-two-entirely-different-ways/

   See all results for this question

6. www.retaildive.com › news › sears-holdings-175mSears Holdings reaches $175M settlement with Lampert and ...

   www.retaildive.com › news › sears-holdings-175m

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   Aug 11, 2022 · Today, Sears Holdings is largely a paper entity that has been stuck in Chapter 11 purgatory for years, with the litigation against Lampert and other parties holding up final execution of its...

   • Author: Ben Unglesbee

7. www.forbes.com › sites › warrenshoulbergWhy Sears Is Getting Smaller, But In Two Entirely ... - Forbes

   www.forbes.com › sites › warrenshoulberg

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   Sep 28, 2021 · In a statement to USA Today, Transformco – which rarely makes any kind of public announcements these days – said it continues to operate more than 300 stores in total under the Sears and...

   • Author: Warren Shoulberg

8. www.retaildive.com › news › sears-holdings-175mSears Holdings $175M settlement with Lampert has court ...

   www.retaildive.com › news › sears-holdings-175m

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   Sep 1, 2022 · A federal bankruptcy judge in New York has approved an agreement that would resolve years-long litigation between Sears Holdings and former CEO Eddie Lampert as well as other former executives...

9. www.cnn.com › 2022/11/29 › businessIs this the last Christmas for Sears? | CNN Business

   www.cnn.com › 2022/11/29 › business

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   Nov 29, 2022 · Spokespeople for Sears, Transformco and Lampert’s hedge fund did not respond to questions about the remaining store count, the company’s profitability or its plans going forward. Will the ...