On the record · Other

Sears Hometown Stores

Small-format Sears spinoff, majority-controlled by Eddie Lampert's ESL Investments, which fully acquired it via Transform Holdco in 2019. Filed Chapter 11 in December 2022 and liquidated all remaining stores by early 2023.

Research depth

Outcomes researched

Reviewed operating findings or a classified operating outcome are available.

Record updated Sept. 4, 2026

Current ownership

Current owner not established

This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.

1 ownership record has an unresolved current/former status.

Ownership and transaction history

Chronology from recorded ownership periods, transactions and reviewed outcome events. Event order does not imply causation.

Feb. 1, 2023

Operations ceased

Operating outcome

Date not recorded

Ownership period began

Owner: ESL Investments

Recorded history

What happened under and after ownership

Operating outcome

No longer meaningfully operating

Transform Holdco, controlled by Eddie Lampert's ESL Investments, acquired the remaining Sears Hometown business in October 2019. The company filed Chapter 11 in December 2022 and converted to Chapter 7 liquidation in February 2023 after losing its lender's support.

No Sears Hometown store or business has operated since the 2023 liquidation.

Founded
2012
Peak headcount
4,500
  • Cleary Gottlieb · Transform Holdco/ESL Investments acquisition of Sears Hometown and Outlet Stores, $2.25/share deal terms
  • Wikipedia · founded 2012 as a Sears Holdings spinoff; peak of about 1,260 stores and 4,500 employees; December 2022 Chapter 11 filing and February 2023 conversion to Chapte

What we do not know

These are gaps in the public record, not findings about the organization.

  • No current public ownership assessment has been published.

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