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Sears Hometown and Outlet Stores initiated a program to franchise Sears Outlet stores in 2012. In 2013, home appliances made up 78% of Sears Outlet's sales revenue and total revenue from Sears Outlet stores was $610 million. [42] In 2014, Sears Outlet partnered with the Make-A-Wish Foundation to support children with life-threatening conditions ...
The Great Indoors concept was introduced in 1997. Sears believed it had growth potential within the following 10 years. However, the chain did not prove successful and Sears closed stores, starting with a first round in 2005. At one time, The Great Indoors had $550 million in sales. On February 1, 1998, Sears, Roebuck and Co opened the first ...
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. [7] It was the 20th-largest retailing company in the United States in 2015. [8]
The retailer's plan, announced this week, to divest itself of more than 1,000 Hometown and Outlet stores marks its latest move to slice off chunks of its ailing It sure looks that way.
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Sears Hometown and Outlet Stores , the recent spinoff of Sears Holdings and one of my top picks for a retail play, delivered a softer-than-expected earnings report that has sent the stock down ...
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