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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, and tools. [3] [4] The company had four subsidiary store formats: Sears Hometown, Sears Outlet, Sears Hardware and Appliance, and Sears Home Appliance Showrooms. [5]
Chain Store Age estimated in May 2022 that approximately 100 Hometown stores were in the process of closing. [59] In December 2022, Sears Hometown Stores, Inc., filed for Chapter 11 bankruptcy and plans to liquidate the inventory at all of its 115 stores. In the bankruptcy proceedings, Eddie Lampert is listed as a 37.75% owner of Sears Hometown.
Sears is closing 26 more Sears and Kmart stores in the US in October, a press release from the retailers' parent company said on Tuesday.
Shortly after, most Pamida stores were rebranded as Shopko Hometown. Shopko filed for Chapter 11 bankruptcy on January 16, 2019. [ 4 ] On March 18, 2019, Shopko announced it would close all of its stores by summer 2019.
Sears Hometown and Outlet Stores will release its quarterly report on Friday. Investors have been disheartened to see the appliance and home-furnishings retailer's stock fall back to its IPO ...
The third major stationery chain to declare bankruptcy within a year, Paper Source filed for Chapter 11 in March 2021 and closed at least 11 of its nearly 160 stores. The company had grown rapidly ...
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 ...
On March 3, 2020, Peebles was converted into Gordmans, [7] which in turn was closed in July 2020, following the filings of bankruptcy from the company. [8] The Sears Hometown Store closed in February 2023 [9] and the owners of the store reopened the store in October 2023 as Blackburns Hometown Store. [10]