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Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. [ 7] It was the 20th-largest retailing company in the United States in 2015. [ 8]
Sears, Roebuck and Co. (/ s ɪər z / SEERZ), [5] commonly known as Sears, 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. [6]
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.
The business was founded by John and William Sears in 1891 and initially traded as bootmakers under the name of Trueform. [1] Despite the company using the Sears name, it has no relations with Chicago, Illinois-based Sears Roebuck and Company and its 2005-2019 parent company, Hoffman Estates, Illinois-based Sears Holdings Corporation.
“In addition to these asset transfers, from 2016 to 2018, Sears Holdings and other debtor plaintiffs paid more than $400 million in ‘interest’ and ‘fees’ on account of ‘loans’ made ...
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Edward Scott Lampert (born July 19, 1962) [ 2] is an American billionaire businessman. He is the former chief executive and chairman of Sears Holdings, the founder of Transformco, and the founder, chairman, and chief executive of ESL Investments. Until May 2007, he was a director of AutoNation. [ 3] He was a director of AutoZone from 1999 to ...