Company Name | Sears Holdings |
---|---|
Website | https://en.wikipedia.org |
Snippet | 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. It was the 20th-largest retailing company in the United States in 2015. It filed for Chapter 11 bankruptcy on October 15, 2018, and sold its assets to ESL Investments in ... |
Fate | Chapter 11 bankruptcy; assets sold to ESL Investments and moved to its new subsidiary |
Type | Public |
Genre | Big-box stores, department stores |
Defunct | June 2019; 3 years ago (June 2019) |
Founded | 2005 |
Revenue | US$13.2 billion (FY2019)[4] |
Website | Archive of website before company dissolved |
Industry | Retail |
Successor | Transformco[2] |
Traded as | Expert Market: SHLDQ (common stock) |
Key people | Eddie Lampert (former chairman and CEO), Mohsin Y. Meghji (chief restructuring officer), Leena Munjal (Chief Digital Officer), Greg Ladley (President of Apparel and Footwear), Robert A. Riecker (Chief Financial Officer) |
Net income | US$−1.7 billion (FY2019)[4] |
Areas served | United States |
Headquarters | 3333 Beverly Road, Hoffman Estates, Illinois, US |
Predecessors | Kmart Holding Corporation, Sears, Roebuck and Co. |
Subsidiaries | Kmart (2005–2019), Sears (2005–2019) |
Total assets | US$6.7 billion (FY2019)[4] |
Total equity | US$−1.72 billion (FY2019)[6] |
Operating income | US$−1.43 billion (FY2018)[5] |
Number of employees | 85,000 (2019)[4] |
Number of locations | 766[3] (Q3 2018) |
Sears Holdings is part of the United States company list
Sears Holdings is part of the Retailing company list
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