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Jun 1, 2021 · (They eventually settled and split the money, with the lion's share going to Sears). Since acquiring the services unit, Transformco has reportedly explored selling it. So far, it remains with...
- Ben Unglesbee
Mar 27, 2023 · Three courts had already rejected an attempt from Lampert and other lenders to wring millions more from what’s left of the former retail giant. Published March 27, 2023. Daphne Howland Senior ...
- Daphne Howland
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Dec 10, 2023 · The brand exists under a holding company called Transformco. Calls and emails over several weeks to Transformco’s main line and executives went unanswered. The Burbank store’s manager passed...
Dec 13, 2022 · However, he said that Sears Hometown squandered its potential under Transformco. “Instead, it has followed the similar pattern of continual decline that has been the hallmark of Sears, with ...
Aug 11, 2022 · The remaining Sears and Kmarts were sold to Transformco — controlled by Lampert — in early 2019. Since then, most of those stores have closed, leaving just a handful of Kmarts and Sears ...
- Ben Unglesbee
Sep 22, 2021 · Transformco, which acquired Sears' holdings assets after the company filed for bankruptcy in 2018, said it's closing the Brooklyn store. "In order to redevelop and reinvigorate the property.
In December 2021, Transformco announced its plans to sell the Sears headquarters in Hoffman Estates. The property was eventual sold to data center developer in the Summer of 2023 with plans to have the existing buildings demolished by Fall 2023. [33]
