Transformco looking to sell Sears Home Services business
July 2, 2020
Transformca, the parent company of Kmart and Sears, is looking to raise at least $1 billion by selling its Sears Home Services division, which handles appliance repairs and vinyl siding replacement, as well as kitchen and roof remodeling projects. The move to put Sears Home Services on the market continues a practice established long ago by Eddie Lampert, the company’s biggest shareholder, to sell off its most valuable assets.
Recent News
Peloton, Hyatt Team Up To Offer Bikes, Loyalty Points at 800 Hotels
Peloton and Hyatt’s new partnership is an attempt to revitalize the cratering brand.
Uber and Lyft Strikes in Metro Atlanta
Uber and Lyft rideshare and delivery drivers in the sprawling metro Atlanta area came together in solidarity with their counterparts nationwide for a significant cause on May 1.
Johnson & Johnson Announces Plan To Resolve All Current and Future Ovarian Cancer Talc Claims
The settlement is worth $6.48 billion.
Some Americans Will Get a Rare Extra Social Security Check This Month
Some Americans may get a rare extra social security check on the last day of May, though it doesn’t mean they will receive extra money.