Sears Hometown posted a net income loss of $53.5 million in fiscal 2018, and a comp-store sales decline of 8.5%. Transform Holdco LLC said Monday that it will pay $2.25 per share for Sears Hometown in a deal that it hopes will serve customers as a multi-channel business by expanding the company's footprint and bolstering opportunities for Sears Home Services and the Shop Your Way rewards program. "We are excited to bring Sears Hometown, its associates and network of independent dealers and franchisees back into the Sears and Kmart family," said Edward S. Lampert, chairman of Transform. "Our investment demonstrates our commitment to growing Transform for the benefit of our members and customers, associates, vendors and communities across the country. While, initially, the companies will operate independently, we see many opportunities where we can partner to serve our customers better and enjoy efficiencies of scale once these businesses are under one roof."