Sears Hometown and Outlet Stores - Wikipedia
WEBSears 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]
About 100 Sears Hometown stores are closing | CNN Business
WEBMay 31, 2022 · Roughly 100 Sears Hometown locations are permanently closing in the coming weeks, representing roughly half of its remaining retail footprint. The closures were announced on each individual...
Sears Is Liquidating and Closing All Remaining Hometown Stores
WEBDec 28, 2022 · Arkansas is set to lose the most locations, as 12 Hometown Sears stores in the state are already holding closing sales. Texas and California are also high on the list, with eight and six locations being liquidated in each state, respectively.
Sears Hometown files for Chapter 11 bankruptcy protection
WEBDec 13, 2022 · Sears Hometown Stores Inc., a franchise-owned unit of Sears, has filed for Chapter 11 bankruptcy protection. Sears spun off Sears Hometown in 2012 to give the parent company a much-needed...
Sears Hometown stores disappearing from rural America
WEBJan 4, 2023 · All 115 Sears Hometown stores run by independent dealers across 36 states and Puerto Rico are winding down their businesses and holding liquidation sales, offering discounts of up to 40%.
In re Sears Hometown and Outlet Stores, Inc. Stockholder …
WEBHometown had difficulty obtaining inventory from Holdings, and the value of the Sears brand deteriorated. From October 15, 2018 (when Holdings filed for bankruptcy) to January 5, 2019, Hometown’s comparable store sales fell by 19.6%. By January, 109 of Hometown’s 514 stores were unprofitable.
In re Sears Hometown and Outlet Stores, Inc. Stockholder …
WEBOn January 24, 2024, the Delaware Court of Chancery addressed this issue at length in a decision awarding more than $18.3 million to the plaintiffs, minority stockholders in Sears Hometown and Outlet Stores, Inc. (the company).
Eddie Lampert’s Company to Buy the Rest of Sears Hometown, Outlet Stores
WEBJun 3, 2019 · Transform Holdco LLC, which owns Sears and Kmart and is controlled by the former Sears Holdings Corp. chief executive, is buying the 42% of Sears Hometown & Outlet Stores Inc. that Mr....
In re Sears Hometown and Outlet Stores, Inc. Stockholder …
WEBFeb 5, 2024 · On January 24, 2024, the Delaware Court of Chancery issued a significant post-trial opinion in In re Sears Hometown and Outlet Stores, Inc. Stockholder Litigation (“ Sears ”). The Court held that controllers exercising their voting power to “change the status quo” owe fiduciary duties. [1]
Sears Hometown & Outlet Stores Careers and Employment
WEBSears Hometown and Outlet Stores is a retailer that sells home appliances, lawn and garden equipment, apparel, mattresses, sporting goods and tools. The company has four subsidiary store formats: Sears Hometown, Sears Outlet, Sears Hardware and Appliance, and Sears Home Appliance Showrooms.