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Sears Hometown and Outlet Stores Inc. was an American retail company that sold home appliances, lawn & garden equipment, apparel, mattresses, sporting goods, & tools. [3] [4] The company had four subsidiary store formats: Sears Hometown, Sears Outlet, Sears Hardware and Appliance, and Sears Home Appliance Showrooms. [5]
Sears, Roebuck and Co., commonly known as Sears (/ s ɪər z / SEERZ), [6] is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. [7]
On October 23, 2019, Sears Hometown and Outlet Stores completed its sale of its Sears Outlet division to Franchise Group, Inc. [53] while Transformco completed the acquisition of the remainder of Sears Hometown at the end of the same business day. [54] Sears Hometown had 414 stores at the time of its acquisition by Transformco in October 2019. [28]
Tilson believes that Sears Hometown and Outlets is a vehicle for Sears Holdings CEO Eddie Lampert to transfer the high-performing assets of the latter into a tighter, less-bloated organization.
Talk of Sears’ demise may be premature: just two months ago, a previously shuttered Sears in Burbank, California, quietly turned the lights back on. Two weeks after that, another reopened in ...
Sears has slowly succumbed to the malaise many retail stores are facing. Generations have relied on the iconic retailer for clothing, Craftsman tools, Kenmore appliances, and home goods. Now, the ...
Sears Hometown and Outlet Stores – a subsidiary of Sears that operated a series of more specialized department stores. In 2012, these stores were spun off into an independent company. Sears Hometown (formerly Sears Dealer Store) – a chain of smaller, free-standing stores located in smaller markets that did not support full-sized Sears ...
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