Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Eddie Lampert’s Transform Holdco Inks Deal to Acquire Sears Hometown and Outlet Stores

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Edward Lampert’s Transform Holdco, the owner of the Sears and Kmart nameplates, has signed a merger agreement to acquire Sears Hometown and Outlet Stores Inc. in a bid to combine ownership of all Sears stores under one umbrella. According to the terms of the agreement, the parties agreed on a per-share price of $2.25 in…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!