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Transform SR Brands LLC
Trade name
Transformco
Company type
Private
Industry
Retail
Genre
Big-box stores
Department stores
Predecessors
Sears Holdings Corporation
Founded
February 11, 2019; 5 years ago (February 11, 2019)[1]
Founder
Eddie Lampert
Headquarters
Hoffman Estates, Illinois
,
U.S.
Areas served
Mainland United States
Puerto Rico
Guam
U.S. Virgin Islands
Bermuda
Key people
Eddie Lampert (chairman)
Neeraj Karhade (CFO)
Owner
ESL Investments
Number of employees
45,000 (2019)[2]
Subsidiaries
Kmart
Sears
Sears Hometown Stores
Monark Premium
Website
transformco.com
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. The new company is owned by ESL Investments. Following the Chapter 11 bankruptcy filing of Sears Holdings on October 15, 2018, Transformco purchased the surviving assets owned by Sears Holdings for $5.2 billion.[1]
On June 3, 2019, it was announced that Transformco would acquire Sears Hometown and Outlet Stores. As per the deal, Sears Hometown might need to divest its Sears Outlet division to gain approval.[5]
^ ab"ESL Investments Completes Acquisition of Sears Holdings' Assets". Business Wire (Press release). San Francisco: Berkshire Hathaway. February 11, 2019. Retrieved November 8, 2019.
^Wilkins, Rebecca Choong (February 9, 2019). "Jobs, Jobs, Jobs: Why Lampert's Bid Won Contest for Sears". Bloomberg News. New York City: Bloomberg L.P. Retrieved July 2, 2019.
^Lampert, Edward (June 13, 2019). "The facts about the efforts to transform Sears Holdings". Medium. United States: A Medium Corporation. Retrieved November 10, 2019.
^"Sears Parent Co. Buying Sears Hometown And Outlet Stores". WBBM-TV. Chicago: CBS Corporation. June 3, 2019. Retrieved July 7, 2019.
Transform SR Brands LLC (doing business as Transformco, referred to as "New Sears") is an American privately held company formed on February 11, 2019...
spun off from Sears since 2012. In April 2019, it was announced that TransformCo would acquire the company. However it was reported a few days later that...
KAY-mart), formerly legally registered as Kmart Corporation, now operated by Transformco, is an online retailer in the United States and operates six remaining...
former chief executive and chairman of Sears Holdings, the founder of Transformco, and the founder, chairman, and chief executive of ESL Investments. Until...
cosmetics, groceries, households&groceries, clothing Kmart - owned by Transformco; groceries, general merchandise; United States (formerly Canada, Australia...
adage.com. March 19, 2012. "Kmart History | Kmart | About Us | Transformco". transformco.com. "What is Lidl? Why this discount grocery store is giving...
Holdings Ryerson Sidley Austin Skidmore, Owings & Merrill Solo Cup Company Transformco TransUnion Tripp Lite True Value Wirtz Corporation Related topics Breweries...
and delivered 10 million gifts to those in need. Kmart, operated by Transformco. Big W, one of Kmart's main competitors. "2021 Annual Report" (PDF)....
Holdings Ryerson Sidley Austin Skidmore, Owings & Merrill Solo Cup Company Transformco TransUnion Tripp Lite True Value Wirtz Corporation Related topics Breweries...
Sears closed by November 24, 2021, with the potential to be redeveloped. Transformco announced in December 2021 its plans to sell the 2.3 million-square-foot...
in San Francisco Private Hospitality TerraPower Private Nuclear power Transformco Private Retail and real estate Debt interest Vroom Nasdaq: VRM Car dealership...
Holdings Ryerson Sidley Austin Skidmore, Owings & Merrill Solo Cup Company Transformco TransUnion Tripp Lite True Value Wirtz Corporation Related topics Breweries...
Holdings Ryerson Sidley Austin Skidmore, Owings & Merrill Solo Cup Company Transformco TransUnion Tripp Lite True Value Wirtz Corporation Related topics Breweries...
Holdings Ryerson Sidley Austin Skidmore, Owings & Merrill Solo Cup Company Transformco TransUnion Tripp Lite True Value Wirtz Corporation Related topics Breweries...
Holdings Ryerson Sidley Austin Skidmore, Owings & Merrill Solo Cup Company Transformco TransUnion Tripp Lite True Value Wirtz Corporation Related topics Breweries...
Holdings Ryerson Sidley Austin Skidmore, Owings & Merrill Solo Cup Company Transformco TransUnion Tripp Lite True Value Wirtz Corporation Related topics Breweries...
assets sold to ESL Investments and moved to its new subsidiary Successor Transformco Headquarters 3333 Beverly Road, Hoffman Estates, Illinois , US Number...
Holdings Ryerson Sidley Austin Skidmore, Owings & Merrill Solo Cup Company Transformco TransUnion Tripp Lite True Value Wirtz Corporation Related topics Breweries...
Holdings Ryerson Sidley Austin Skidmore, Owings & Merrill Solo Cup Company Transformco TransUnion Tripp Lite True Value Wirtz Corporation Related topics Breweries...
Holdings Ryerson Sidley Austin Skidmore, Owings & Merrill Solo Cup Company Transformco TransUnion Tripp Lite True Value Wirtz Corporation Related topics Breweries...
Holdings Ryerson Sidley Austin Skidmore, Owings & Merrill Solo Cup Company Transformco TransUnion Tripp Lite True Value Wirtz Corporation Related topics Breweries...
Holdings Ryerson Sidley Austin Skidmore, Owings & Merrill Solo Cup Company Transformco TransUnion Tripp Lite True Value Wirtz Corporation Related topics Breweries...
indicated that TransformCo still has six properties in the local market, and it could be in any of them. One of the stores that TransformCo still has on...
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