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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, & tools. [ 3][ 4] The company had four subsidiary store formats: Sears Hometown, Sears Outlet, Sears Hardware and Appliance, and Sears Home Appliance Showrooms. [ 5]
American Freight. The first American Freight store was founded by Steve Belford in Lima, Ohio in 1994 as American Freight Furniture & Mattress. [21] By 2014, the company was operating 95 stores in 18 states, and October that year was acquired by an affiliate of private equity firm The Jordan Company of New York.
The Great Indoors concept was introduced in 1997. Sears believed it had growth potential within the following 10 years. However, the chain did not prove successful and Sears closed stores, starting with a first round in 2005. At one time, The Great Indoors had $550 million in sales. On February 1, 1998, Sears, Roebuck and Co opened the first ...
Shoshy Ciment. 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. Included in the closures are 21 Sears and ...
Since its IPO in the latter half of 2012, Sears Hometown and Outlets has quietly made gains on the markets while the majority of analysts and investors have taken little notice. That will change ...
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 ...
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