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Sears Parent Company Leans Into Buying With Deal for Former Store in Los Angeles County

Transformco Moves Into Expansion Mode After Years of Selling Sears, Kmart Assets
A faded Sears logo is barely visible at 22100 Hawthorne Blvd. in Torrance, California, after the retailer closed its location there in 2020. (CoStar)
A faded Sears logo is barely visible at 22100 Hawthorne Blvd. in Torrance, California, after the retailer closed its location there in 2020. (CoStar)
CoStar News
January 24, 2024 | 12:56 AM

The parent company of beleaguered retail brands Sears and Kmart appears to be expanding at least part of its real estate portfolio after years of selling off its assets as the buying habits of shoppers shifted.

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