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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]
Sears Holdings spun off a portion of its business into Sears Hometown and Outlets roughly one year ago. Upon its market entrance, the company's stock took a near-vertical trajectory and didn't ...
On October 23, 2019, Sears Hometown and Outlet Stores completed its sale of its Sears Outlet division to Franchise Group, Inc. [56] while Transformco completed the acquisition of the remainder of Sears Hometown at the end of the same business day. [57] Sears Hometown had 414 stores at the time of its acquisition by Transformco in October 2019. [28]
Is Sears (SHLD) selling itself off, bit by bit? It sure looks that way. The retailer's plan, announced this week, to divest itself of more than 1,000 Hometown and Outlet stores marks its latest ...
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-order catalog company migrating to opening retail locations in 1925, the first in Chicago. [7]
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 ...