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Transformco is an American privately held company established in February 2019 through the acquisition of Sears Holdings Corporation's assets by ESL Investments. Headquartered in Hoffman Estates, Illinois, Transformco operates a portfolio of retail stores, primarily Sears and Kmart, along with various well-known brands such as Kenmore, Craftsman, and DieHard, and significant real estate holdings. The company is focused on transforming these assets to create value and navigate the evolving retail landscape. Its strategy involves optimizing its retail footprint, monetizing its real estate, and expanding its brands through licensing and new product development.
The headquarters serves as the central command for Transformco's corporate strategy, financial management, brand oversight (including Sears and Kmart), human resources, legal affairs, and real estate portfolio management.
The campus, originally built for Sears, is a large, multi-building corporate complex. While significant portions are now being marketed for sale or lease, its scale and original design for a major corporation are notable. Current notable features also include its potential for redevelopment.
The work culture at Transformco's headquarters is likely characterized by a focus on transformation, strategic asset management, cost-efficiency, and adaptability. Employees are part of an organization navigating a significant shift in the retail sector, emphasizing lean operations and entrepreneurial approaches to brand and real estate value creation.
This location is significant as it represents the operational core of the entity that emerged from the historic Sears empire. It's the hub for all strategic decisions aimed at revitalizing its brands and optimizing its assets in a challenging market.
Transformco's direct operational footprint is primarily concentrated within the United States, encompassing its retail stores (Sears and Kmart) and domestic real estate assets. While some of its owned brands, like Kenmore, Craftsman, and DieHard, have international recognition and may be distributed globally through licensing agreements or historical partnerships, Transformco's core business management and physical presence are U.S.-based.
3333 Beverly Road
Hoffman Estates
IL
USA
Address: N/A (No distinct public corporate office addresses beyond HQ for Transformco itself)
To oversee local retail store operations, manage regional logistics, and ensure the implementation of brand strategies within specific geographic markets across the United States where stores are present.
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As of April 2025, Transformco' leadership includes:
Transformco has been backed by several prominent investors over the years, including:
Publicly available information regarding specific executive new hires or departures at Transformco within the last 12 months is limited, as is common for privately held companies. Major leadership roles, particularly the CEO position held by Edward Lampert, have remained stable. Any changes are typically part of ongoing strategic adjustments and not always widely publicized.
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Transformco likely utilizes common corporate email formats. Based on standard practices and patterns observed in similar organizations, email addresses are typically a combination of the employee's first and last name, or initials, followed by the '@transformco.com' domain.
first.last@transformco.com
Format
jane.doe@transformco.com
Example
70%
Success rate
CoStar News • December 5, 2023
Transformco has relisted its expansive headquarters campus in Hoffman Estates, Illinois, for sale. This move follows the stalling of a previous redevelopment plan with a data center developer, indicating the company's continued efforts to monetize its substantial real estate portfolio....more
Forbes • October 13, 2023
Transformco is investigating opportunities to leverage its iconic DieHard brand by expanding into the electric vehicle (EV) battery and broader energy storage markets. This signals a strategic initiative to capitalize on established brand equity in emerging high-growth sectors....more
PR Newswire • August 29, 2023
Sears, a part of Transformco, introduced a new private label home goods brand named 'At Home with Sears.' This launch aims to revitalize its home product offerings and attract consumers with a curated selection of furniture, decor, and kitchen items available online and in remaining physical stores....more
Chain Store Age • November 29, 2023
Reports indicate a significant reduction in the number of operational full-line Sears and Kmart stores, with estimates suggesting only about a dozen Sears stores and a single Kmart store remaining open. This reflects Transformco's ongoing strategy of retail footprint optimization and a shift towards a smaller, more viable store base and online presence....more
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