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Sears Hometown and Outlet Stores was founded in April 2012. [6] The company was a spun off from Sears Holdings in 2012. [5] [7] By May 2019, Sears Hometown and Outlet Stores & its independent dealers & franchisees operated a total of 639 stores across 49 states as well as in Puerto Rico & Bermuda. [8]
Sears Parts Direct – a chain of lawn-and-garden equipment and appliances parts stores. Some stores, branded as Sears Parts and Repair Centers , feature a carry-in point for customers to bring merchandise in that needs to be repaired either in- or out-of-warranty.
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]
In 2005, Sears sold a 19.9% interest in the company to Ares Management of Los Angeles for US$58.7 million, announcing expansion plans at the time. [ 20 ] [ 21 ] Ares had the option to later purchase another 30.2% stake in the company for US$126.8 million, but did not exercise this right.
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 ...
Some stores, branded as Sears Parts and Repair Centers, feature a carry-in point for customers to bring merchandise in that needs to be repaired either in- or out-of-warranty. Sears Vacations – online travel and booking agency owned in partnership with International Cruise & Excursions, Inc. Sears Canada – held 10% stake from 2014 to 2018.