Sears
Sears, which Transformco owns, has seen a dramatic drop in sales since declaring bankruptcy in 2018 and closing the majority of its stores over the previous two years. According to CNN, the troubled retailer is in the midst of a “slow-motion liquidation,” and will resume closing stores as soon as possible next year, as well as listing some locations through commercial real estate agents.
The Disney Store
On March 3, Disney announced that approximately 60 of its North American Disney Stores would close by the end of 2021. E-commerce, social networking, and theme park shopping ventures, according to the group, would be prioritized. As of 2016, the company had 330 locations worldwide, with 200 in North America.