Retail & Consumer

Sears / Kmart

Once America's largest retailer, stripped by Eddie Lampert's ESL Investments. Sold off Craftsman, Lands' End, DieHard brands while stores deteriorated. From 3,500 stores to ~5. Over 250,000 jobs lost.

FOUNDED
1893
ACQUIRED
ESL Investments, 2005, $11 billion
IMPACTS
1 documented

Editorial Record

maintained by DeathbyPE. Every claim links to a public source.

Timeline

1893

Sears / Kmart founded

2005

Acquired by ESL Investments for $11 billion

2018

Sears collapsed from 3,500 stores to 5 under ESL Investments

CriticalClosure / Bankruptcy

Eddie Lampert's ESL Investments systematically sold off Craftsman, Lands' End, DieHard, and Kenmore brands while stripping real estate into a REIT. Over 250,000 jobs lost from peak employment.

·

How Eddie Lampert Destroyed Sears

CNBC

Before / After

Store count

reported 2018

before 3,500 stores

after ~5 stores

-99%

Community Reviews

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Tracked Locations

CO · 2

742 Main St

Denver, CO 80201 · 555-720-6497

6747 Main St

Denver, CO 80201 · 555-725-8920

FL · 1

6923 Main St

Tampa, FL 33601 · 555-966-1599

GA · 1

8937 Main St

Atlanta, GA 30301 · 555-869-2406

IN · 3

9124 Main St

Indianapolis, IN 46201 · 555-309-2033

7997 Main St

Indianapolis, IN 46201 · 555-896-5093

947 Main St

Indianapolis, IN 46201 · 555-190-8059