New Sears Hometown Store Opens Inside Options Rent-to-Own

CARIBOU, Maine, Jan. 28, 2016 -- Sears Hometown and Outlet Stores, Inc. (NASDAQ:SHOS) will open its newest Maine Sears Hometown Store on January 28 inside the Options Rent-to-Own Store located at 57 Sweden Street in Caribou.

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

“Opening a Sears Hometown Store within our existing business was a no-brainer for us  - it allows us to better fulfill the needs of the community,” said David Bell, manager of the new Sears Hometown Store in Caribou. “We’re excited to offer a wide range of home appliances in addition to the large selection of mattresses. Shoppers will find that we’ve simplified the decision-making process with the help of in-store kiosks and an attentive sales team that has been trained on all the top name brands and latest product features available in the marketplace.”  

This unique store format allows customers in small communities to have access to the great products and brands usually found only in Sears stores. For instance, the new Sears Hometown Store in Caribou is the only place in town where customers can find an incredible selection of the top appliance brands such as Kenmore®, Maytag®, KitchenAid®, Whirlpool®, Bosch®, Frigidaire® and GE®, plus a large assortment of lawn and garden equipment, Craftsman® tools, fitness equipment, electronics and more. 

The Caribou team is excited to provide customers with professional advice, exceptional service and real-time price checks to make sure they receive the guaranteed lowest price. For instance, if a product is not available in-stores, Sears Hometown Store associates can order customers any product from the entire merchandise selection offered by Sears, including apparel, footwear, jewelry and much more. Customers also have the option to order products online and pick them up in the store without a shipping charge. The Caribou store also offers Sears Nationwide Service, Parts and Installation.

The Sears Hometown Store in Caribou can be reached at 207-496-8691 and is open Monday through Saturday from 9 a.m. to 7 p.m. and on Sunday from 9 a.m. to 5 p.m. To learn more about Sears Hometown Stores, visit www.searshometownstores.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 31, 2015, Sears Hometown and Outlet Stores, Inc. and its dealers and franchisees operated 1,172 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:  Anne Whealdon
Phone Number:  847-945-1300
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