New Sears Outlet Store Opens in Lafayette

Local Retailer Offers Broad Assortment of Merchandise Marked Significantly Lower than Manufacturers’ Suggested Retail Prices


LAFAYETTE, La., Aug. 01, 2018 (GLOBE NEWSWIRE) -- Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) will open its newest Louisiana Sears Outlet Store on August 2 at 2001 NW Evangeline Thruway, Suite 200, in Lafayette.

The Lafayette location marks the first opening of a new Sears Outlet Store this year and the 15th opening of a new store across all of Sears Hometown and Outlet Stores formats. Unlike most retail concepts, Sears Outlet Stores combine the value, selection and services associated with larger retail stores but are owned and operated by a member of the local community.

“We’re excited to serve the Lafayette and surrounding community with top quality products at a reasonable price,” said District Manager Chad Dixon. “The new location will offer a highly trained team to ensure our customers experience exceptional service with great products and an individualized shopping experience.”

Each Sears Outlet Store, on average, offers shoppers more than 16,000 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 Sears Outlet Store in Lafayette can be reached at 337-234-0018, and is open Monday through Saturday from 9 a.m. to 9 p.m. and on Sunday from 10 a.m. to 7 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 an independent national retailer, with a license to use the Sears brand name, primarily focused on selling home appliances, lawn and garden equipment, tools and hardware.  As of May 5, 2018, Sears Hometown and Outlet Stores, Inc. and its dealers and franchisees operated 882 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:  Ellie Halter
Phone Number:  847-945-1300
Email Address: ehalter@fishmanpr.com