Sears Outlet Store of Fenton Under New Ownership

Retailer to Continue to Offer Broad Assortment of Merchandise Marked Significantly Lower than Manufacturers’ Suggested Retail Prices


FENTON, Mo., Oct. 13, 2017 (GLOBE NEWSWIRE) -- Sears Hometown and Outlet Stores, Inc. (NASDAQ:SHOS) announces that the Sears Outlet Store located at 639 Gravois Bluff Boulevard in Fenton, Mo., will move forward under ownership of the SHOS corporate team.

“The Fenton community has been very welcoming and we want to let them know they will be in good hands both now and in the future,” stated Peter Verniere of Sears Hometown and Outlet Stores. “We will continue to provide them with a simplified Outlet shopping experience with our highly-trained staff, who will guide customers and educate them on brands and models on a daily basis. We are committed to continued satisfaction and look forward to being an integral part of the community for years to come.”

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.

In addition to discontinued and special-buy products, Sears Outlet offers reconditioned merchandise that 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 Sears Outlet Store in Fenton can be reached at 636-326-7862 and is open Monday through Saturday from 10 a.m. to 9 p.m. and on Sunday from 10 a.m. to 8 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 April 29, 2017, Sears Hometown and Outlet Stores, Inc. and its dealers and franchisees operated 1,012 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.

MEDIA CONTACT:  Mike Garabedian
Phone Number:  847-945-1300
Email Address: MGarabedian@fishmanpr.com