Sears Holdings

Retail
Transform Holdco Makes Bid For Sears Hometown & Outlet Stores

Sears Hometown & Outlet Stores said it received a proposal on Friday, April 5, from Transform Holdco LLC, an entity affiliated with the company’s majority stockholder ESL Investments, Inc., to acquire all of the outstanding shares of the company’s common stock not already owned by ESL and its affiliates for a purchase price of $2.25 per share. 

Retail
Report: Sears Readies Smaller Format Stores

Sears is gearing up to open its first set of smaller format stores, dubbed Sears Home & Life, according to a report in the Washington Post. According to the report, the stores will open doors by Memorial Day 2019.

Other
Turn Sears Sadness Into Opportunity

Shed a tear for Sears Holdings if you must. Despite any flicker of post-Chapter 11 hope Eddie Lampert tries to peddle, all that seems left of this story— even if in some way the Sears and Kmart brands are salvaged or reincarnated— is for the plug to be pulled on what is left of the business as we know it and the remnants of its assets to be redistributed.

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