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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.
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 ...
Sears has had a tough year, marked by dozens of stores shutting down, a massive dip in sales and the possible sale of three of its popular appliance brands including Kenmore, Craftsman and DieHard.
Discounts range from 10-50 percent at Sears stores and 10-40 percent at Kmart stores -- each category of the store is discounted at a different percentage.
Sears Outlet – an outlet version of Sears department stores located in various retail locations across the U.S. and Canada. These stores carried new, one-of-a-kind, out of a carton, discontinued, used, scratched, and dented merchandise at discount. Sears Appliance & Hardware/ Sears Appliance Outlet – a chain of free-standing hardware stores.
American Freight Appliances & Furniture, or American Freight, is an American retail furniture chain founded in Lima, Ohio in 1994. The company was acquired in 2020 by Franchise Group and combined with former Sears Surplus and Sears Outlet stores under the American Freight name.