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In December 2019, Transformco sold the DieHard brand to Advance Auto Parts for $200 million. [29] Under this agreement, Sears and Kmart can continue to sell DieHard branded batteries through their stores while Advance Auto Parts has exclusive rights to the DieHard brand in the automotive and vehicular supplies and service industries. [30]
DieHard is an American brand of automotive battery and parts owned by Advance Auto Parts and sold exclusively at Advance, Carquest and Sears stores. Advance bought the DieHard brand from Sears in December 2019. [1] The brand dates to 1967, having been developed by Globe-Union Battery for Sears.
The company filed for Chapter 11 bankruptcy protection on October 15, 2018, in New York; the same day that a $134 million debt payment was due, [46] and will close 142 stores, including 63 Kmart stores and 79 Sears stores. All other Kmart and Sears stores are staying open to turn the company around. Their online stores sears.com, kmart.com, and ...
More Sears and Kmart stores will be closing, Sears Holdings announced on Thursday. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
Sears and Kmart said the stores would combine in late 2004, but the decision "merely merged two battered retailers into one large, troubled organization, and it’s been failing ever since ...
Transformco, the parent company of Sears and Kmart, secured $250 million in financing but announced it will close 96 more stores as it rebuilds. Transformco, the parent company of Sears and Kmart ...