Phoenixville Sears Outlet Celebrates Grand Opening March 16-19

Local Store Offering an Additional 10 Percent Off Almost Everything In The Store, Plus Special Giveaways

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| Source: Sears Hometown and Outlet Stores, Inc.

PHOENIXVILLE, Pa., March 13, 2017 (GLOBE NEWSWIRE) -- Sears Hometown and Outlet Stores, Inc. (NASDAQ:SHOS) announces the grand opening celebration of the Sears Outlet Store located in the Phoenixville Plaza Shopping Center at 100 Nutt Road in Phoenixville, Pennsylvania.

Celebrating its grand opening March 16-19, the Sears Outlet Store welcomes the local community to enjoy an additional discount of 10 percent off almost everything in the store* plus special giveaways.

“We have a knowledgeable team in place here, with a focus on providing customers with great products, exceptional service, and a personalized shopping experience that I’m sure will continue to be well received by the local community,” said Robert Coyle, district manager of the Sears Outlet Store in Phoenixville. “We look forward to continuing to serve as Phoenixville’s go-to shopping destination for any home appliance.”

Each Sears Outlet Store, on average, offers shoppers more than 18,000 square feet of retail space stocked with hundreds of items marked significantly lower than manufacturers' suggested retail prices. Sears Outlet provides customers in-store and online access to new, one-of-a-kind, discontinued, reconditioned, overstocked, and cosmetically blemished products across a broad assortment of merchandise categories—including home appliances, lawn and garden equipment, apparel, mattresses, sporting goods and tools.

Sears Outlet reconditioned merchandise undergoes a stringent testing process and, when necessary, have cosmetic parts replaced and/or repaired before becoming approved to be an Outlet Certified item. Customers purchasing a Certified Appliance or other item from a Sears Outlet Store should expect significant discounts off the original retail price, a fully functional and operational unit, and the assurance that the unit still meets Sears quality standards as the nation's leading retailer of appliances and appliance-related products. Customers also benefit from delivery and installation services offered by Sears Outlet.

The Phoenixville Sears Outlet Store can be reached at (610) 415-0723 and is open Monday through Saturday from 8 a.m. to 9 p.m. and on Sunday from 9 a.m. to 6 p.m. To learn more about Sears Outlet Stores, visit http://www.searsoutlet.com/

About Sears Hometown and Outlet Stores, Inc.
Sears Hometown and Outlet Stores, Inc. (NASDAQ:SHOS) is a national retailer primarily focused on selling home appliances, lawn and garden equipment, tools and hardware. As of October 29, 2016, Sears Hometown and Outlet Stores, Inc. and its dealers and franchisees operated 1,115 stores across all 50 states as well as in Puerto Rico and Bermuda. In addition to merchandise, Sears Hometown and Outlet Stores, Inc. provide consumers with access to a full suite of services, including home delivery, installation and extended service contracts.

Operating through two segments—the Sears Hometown and Hardware segment and the Sears Outlet segment—Sears Hometown and Outlet Stores, Inc. and its subsidiaries offer franchise and dealership opportunities focused on selling, as applicable, top brand home appliances, hardware, tools, lawn and garden equipment and outlet merchandise. For more information about Sears Hometown & Outlet Stores, Inc., visit www.shos.com. To learn about the opportunity to own and operate a store format, visit www.ownasearsstore.com.

* Subject to certain exclusions, as detailed in print ad promotions available in the store. Also, not available on price-matched merchandise.

MEDIA CONTACT:  Jayne Levy
Phone Number:  847-945-1300
Email Address: jlevy@fishmanpr.com