ESL Investments
Eddie Lampert's hedge fund that acquired and stripped Sears/Kmart
EST. 1988Miami, FL
2
Brands Owned
1
Documented Impacts
1
Bankruptcies
2
Industries
1 bankruptcy under their ownership
Department StoresRetail & Consumer
Brands Owned by ESL Investments (2)
Sears Hometown Stores
Department 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.
Sears / Kmart
Retail & Consumer
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.