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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 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.
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]
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On December 18, 2011, Sears Holdings Corp closed the Broomfield, CO store. [5] On February 23, 2012, Sears Holdings Corp. announced it would be closing the remaining nine stores. [6] On July 8, 2012, Sears Holdings Corp closed the Lone Tree, CO store. [7] On August 14, 2019, the Sears Outlet operating in the former Great Indoors in Novi, MI closed.
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