Sears
Sears, which Transformco controls, has seen a sharp drop in sales after declaring bankruptcy in 2018 and liquidating the majority of its stores during the previous two years. According to CNN, the struggling chain is in the midst of a “slow-motion liquidation,” with plans to liquidate outlets as soon as possible next year and advertise several properties with commercial real estate agents.
The Disney Store
On March 3, Disney announced that around 60 of its Disney Stores in North America will close by the end of 2021. According to the community, e-commerce, social media, and theme park shopping enterprises will be prioritized. As of 2016, the company had 330 locations worldwide, with 200 in North America.