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Sears Hometown and Outlet

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Namestring
Sears Hometown and Outlet
Company typeenum
Private
Founded yearint
2012
Descriptiontext

Sears Hometown and Outlet was a national U.S. retailer primarily focused on selling home appliances and hardware, operating hometown-format stores that served smaller and mid-sized markets where larger big-box retailers had limited presence. The company was originally part of the Sears Holdings Corporation portfolio; following Sears Holdings' Chapter 11 filing, substantially all of its assets — including the Sears Hometown Stores chain — were acquired by Transform Holdco LLC (Transformco) in a take-private transaction, after which Sears Hometown and Outlet continued to operate as a privately-held subsidiary. Headquartered in Hoffman Estates, Illinois, the company was previously publicly traded on NASDAQ under the ticker SHOS and now operates without public disclosure obligations, with leadership led by Ryan Robinson (Chief Administrative Officer and Chief Financial Officer) and Charles J. Hansen (Vice President, General Counsel, and Secretary).

The business model centered on retail sale of major home appliances, lawn and garden equipment, tools, and related hardware through company-operated and dealer-operated store locations, generating revenue through unit sales and associated services. No technology platform, e-commerce infrastructure, software products, or proprietary systems are described in the available source material, consistent with a legacy physical retail format. Revenue figures, customer segment breakdowns, pricing structure, and channel mix are not disclosed in the provided data set, reflecting the company's post-take-private status.

Ownership rests entirely with Transform Holdco LLC (Transformco), and recent corporate activity has been limited to the resolution of legacy matters — most notably a $9.37 million settlement approved by a Delaware vice chancellor to end a lawsuit regarding investor payouts following the take-private deal. The company continues to operate stores under the Sears Hometown banner, but the absence of disclosed funding, expansion, or product investment activity in the input data is notable and constrains forward visibility into strategic direction.

Short descriptiontext

Sears Hometown and Outlet is a U.S. national retailer of home appliances and hardware, historically operating hometown-format stores. It is now a privately-held subsidiary of Transform Holdco LLC (Transformco) following the Sears Holdings bankruptcy and take-private transaction.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersHoffman Estates, United States
HQ citystring
Hoffman Estates
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
home appliance retail, hardware store, consumer electronics retail, home goods outlet, tools and lawn equipment
Industry1 code
1Home & Furniture-Focused Catalog Department Store Retailers
CodeCRAGAIABPrimaryYes
NAICS code1 code
  • Electronics and Appliance Retailers449210
SIC code1 code
  • Retail-Auto & Home Supply Stores5531
Product category
Home Appliance and Hardware Retail
Cost components5 values
Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Sears Hometown and Outlet is a national retailer that primarily sells home appliances, tools, hardware, and related home goods through its network of small-format Hometown stores and Outlet locations across the United States. The stores carry Sears-branded and third-party merchandise, including major appliances, lawn and garden equipment, and DIY hardware for individual consumers and homeowners.

Differentiator
Functional benefit
Problem solved
Product and service5 records
1Sears Hometown Stores
CategoryRetail Store Concept
Description

Small-format retail stores selling major home appliances, tools, hardware, lawn and garden equipment, and home goods to individual consumers and homeowners, primarily in smaller suburban and rural U.S. markets.

2Sears Outlet Stores
CategoryRetail Store Concept
Description

Outlet-format retail locations offering discounted, overstocked, closeout, and previously sold Sears appliances and home goods to value-oriented individual consumers.

3Major Home Appliances (retail offering)
CategoryHome Appliances
Description

Retail sale of Sears-brand and third-party major household appliances (e.g., refrigerators, washers, dryers, ranges) targeted at residential consumers replacing or upgrading home equipment.

4Hardware, Tools, and Lawn and Garden Equipment (retail offering)
CategoryHardware and DIY Supplies
Description

Retail sale of hardware, hand and power tools, lawn mowers, outdoor power equipment, and related DIY/home improvement merchandise to homeowners and small-scale contractors.

5Ownasearsstore.com (Corporate/Store Information Site)
CategoryCorporate Website / Store Locator
Description

Company-operated informational website providing store locator, ownership, and franchise opportunities information for the Sears Hometown and Outlet store network.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Peers10 records
TypeRegional player
Description

Midwest-focused home improvement chain with strong appliance category. Comparable merchandise mix and customer demographic, though concentrated in the central U.S.

TypeDirect peer
Description

Hardware cooperative with neighborhood-store footprint. Mirrors Sears Hometown's local/regional small-store model and overlapping hardware-and-home-tools merchandise mix.

TypeBroad incumbent
Description

Largest U.S. home improvement retailer selling appliances, hardware, tools, and home goods. Overlaps directly with Sears Hometown's appliance and hardware assortment, but at vastly larger scale and broader category coverage.

TypeRegional player
Description

Family-owned regional appliance and electronics chain in the Northeast. Directly comparable on appliance-led assortment and customer demographic, though narrower geographic reach.

TypeBroad incumbent
Description

Major U.S. home improvement chain with a comparable appliance, hardware, and tools offering. Targets similar homeowners and competes for the same big-ticket replacement appliance purchases.

TypeBroad incumbent
Description

Large distributor and retailer of plumbing, HVAC, and appliance-related products. Overlaps with Sears Hometown on appliances and the contractor/hardware customer base.

TypeBroad incumbent
Description

National electronics and major appliance retailer with strong omnichannel presence. Direct competitor for major household appliance sales and increasingly installation services.

TypeEmerging player
Description

Franchise/owner-operated big-box retailer of appliances, electronics, and home goods. Comparable in mixed-format franchise structure and appliance-led offering for adjacent retail environments.

TypeDirect peer
Description

Cooperative of locally-owned hardware stores selling tools, hardware, and home goods. Highly comparable small-format, owner-operated model serving smaller markets — same operating approach as Sears Hometown Stores.

TypeRegional player
Description

Regional specialty retailer of furniture, mattresses, and home appliances, often targeting similar value-conscious and credit-driven household customers. Comparable in appliance-led store format, though smaller geographic footprint.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Sears Hometown and Outlet

Home Appliance and Hardware Retailownasearsstore.com

Sears Hometown and Outlet is a U.S. national retailer of home appliances and hardware, historically operating hometown-format stores. It is now a privately-held subsidiary of Transform Holdco LLC (Transformco) following the Sears Holdings bankruptcy and take-private transaction.

What Sears Hometown and Outlet does

Sears Hometown and Outlet was a national U.S. retailer primarily focused on selling home appliances and hardware, operating hometown-format stores that served smaller and mid-sized markets where larger big-box retailers had limited presence. The company was originally part of the Sears Holdings Corporation portfolio; following Sears Holdings' Chapter 11 filing, substantially all of its assets — including the Sears Hometown Stores chain — were acquired by Transform Holdco LLC (Transformco) in a take-private transaction, after which Sears Hometown and Outlet continued to operate as a privately-held subsidiary. Headquartered in Hoffman Estates, Illinois, the company was previously publicly traded on NASDAQ under the ticker SHOS and now operates without public disclosure obligations, with leadership led by Ryan Robinson (Chief Administrative Officer and Chief Financial Officer) and Charles J. Hansen (Vice President, General Counsel, and Secretary).

The business model centered on retail sale of major home appliances, lawn and garden equipment, tools, and related hardware through company-operated and dealer-operated store locations, generating revenue through unit sales and associated services. No technology platform, e-commerce infrastructure, software products, or proprietary systems are described in the available source material, consistent with a legacy physical retail format. Revenue figures, customer segment breakdowns, pricing structure, and channel mix are not disclosed in the provided data set, reflecting the company's post-take-private status.

Ownership rests entirely with Transform Holdco LLC (Transformco), and recent corporate activity has been limited to the resolution of legacy matters — most notably a $9.37 million settlement approved by a Delaware vice chancellor to end a lawsuit regarding investor payouts following the take-private deal. The company continues to operate stores under the Sears Hometown banner, but the absence of disclosed funding, expansion, or product investment activity in the input data is notable and constrains forward visibility into strategic direction.

Sears Hometown and Outlet firmographics

Firmographics
Name
Sears Hometown and Outlet
Website
https://ownasearsstore.com
Company type
Private
Founded year
2012
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Sears Hometown and Outlet is a U.S. national retailer of home appliances and hardware, historically operating hometown-format stores. It is now a privately-held subsidiary of Transform Holdco LLC (Transformco) following the Sears Holdings bankruptcy and take-private transaction.
Ownership category
akta.pro rank

Sears Hometown and Outlet industry classification

Industry
Product category
Home Appliance and Hardware Retail
NAICS
Electronics and Appliance Retailers (449210)
SIC
Retail-Auto & Home Supply Stores (5531)
akta.pro primary industry
Home & Furniture-Focused Catalog Department Store Retailers (CRAGAIAB)

Keywords

  • Home appliance retail
  • Hardware store
  • Consumer electronics retail
  • Home goods outlet
  • Tools and lawn equipment

Where Sears Hometown and Outlet is headquartered

Location

Headquarters

HQ city
Hoffman Estates
HQ country
United States
HQ region
North America

Markets served

Sears Hometown and Outlet business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure

Sears Hometown and Outlet product offering

Product offering

Core offering

Sears Hometown and Outlet is a national retailer that primarily sells home appliances, tools, hardware, and related home goods through its network of small-format Hometown stores and Outlet locations across the United States. The stores carry Sears-branded and third-party merchandise, including major appliances, lawn and garden equipment, and DIY hardware for individual consumers and homeowners.

Differentiator

Problem solved

Functional benefit

Products and services

  • Sears Hometown Stores Small-format retail stores selling major home appliances, tools, hardware, lawn and garden equipment, and home goods to individual consumers and homeowners, primarily in smaller suburban and rural U.S. markets.
  • Sears Outlet Stores Outlet-format retail locations offering discounted, overstocked, closeout, and previously sold Sears appliances and home goods to value-oriented individual consumers.
  • Major Home Appliances (retail offering) Retail sale of Sears-brand and third-party major household appliances (e.g., refrigerators, washers, dryers, ranges) targeted at residential consumers replacing or upgrading home equipment.
  • Hardware, Tools, and Lawn and Garden Equipment (retail offering) Retail sale of hardware, hand and power tools, lawn mowers, outdoor power equipment, and related DIY/home improvement merchandise to homeowners and small-scale contractors.
  • Ownasearsstore.com (Corporate/Store Information Site) Company-operated informational website providing store locator, ownership, and franchise opportunities information for the Sears Hometown and Outlet store network.

Companies that use Sears Hometown and Outlet

Customer profile

Ideal customer profiles1 record

Sears Hometown and Outlet technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Sears Hometown and Outlet partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves4 records

Sears Hometown and Outlet competitors and assessment

Company assessment

Regional players

  • Menards: Midwest-focused home improvement chain with strong appliance category. Comparable merchandise mix and customer demographic, though concentrated in the central U.S.
  • P.C. Richard & Son: Family-owned regional appliance and electronics chain in the Northeast. Directly comparable on appliance-led assortment and customer demographic, though narrower geographic reach.
  • Conn's HomePlus: Regional specialty retailer of furniture, mattresses, and home appliances, often targeting similar value-conscious and credit-driven household customers. Comparable in appliance-led store format, though smaller geographic footprint.

Direct peers

  • True Value: Hardware cooperative with neighborhood-store footprint. Mirrors Sears Hometown's local/regional small-store model and overlapping hardware-and-home-tools merchandise mix.
  • Ace Hardware: Cooperative of locally-owned hardware stores selling tools, hardware, and home goods. Highly comparable small-format, owner-operated model serving smaller markets — same operating approach as Sears Hometown Stores.

Broad incumbents

  • Home Depot: Largest U.S. home improvement retailer selling appliances, hardware, tools, and home goods. Overlaps directly with Sears Hometown's appliance and hardware assortment, but at vastly larger scale and broader category coverage.
  • Lowe's: Major U.S. home improvement chain with a comparable appliance, hardware, and tools offering. Targets similar homeowners and competes for the same big-ticket replacement appliance purchases.
  • Ferguson: Large distributor and retailer of plumbing, HVAC, and appliance-related products. Overlaps with Sears Hometown on appliances and the contractor/hardware customer base.
  • Best Buy: National electronics and major appliance retailer with strong omnichannel presence. Direct competitor for major household appliance sales and increasingly installation services.

Emerging players

  • Harvey Norman: Franchise/owner-operated big-box retailer of appliances, electronics, and home goods. Comparable in mixed-format franchise structure and appliance-led offering for adjacent retail environments.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Sears Hometown and Outlet social profiles

Digital presence

Sears Hometown and Outlet financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Sears Hometown and Outlet leadership team

Management profile

Number of profiles

Profiles2 records

Sears Hometown and Outlet funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Sears Hometown and Outlet M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sears Hometown and Outlet

What does Sears Hometown and Outlet do?

Sears Hometown and Outlet is a national retailer that primarily sells home appliances, tools, hardware, and related home goods through its network of small-format Hometown stores and Outlet locations across the United States. The stores carry Sears-branded and third-party merchandise, including major appliances, lawn and garden equipment, and DIY hardware for individual consumers and homeowners.

Is Sears Hometown and Outlet a public or private company?

Sears Hometown and Outlet is a private company. It is classified as corporate owned and is currently operating.

When was Sears Hometown and Outlet founded?

Sears Hometown and Outlet was founded in 2012. It employs 1,001 to 5,000 people.

Where is Sears Hometown and Outlet based?

Sears Hometown and Outlet is headquartered in Hoffman Estates, United States, in the North America region.

Who are Sears Hometown and Outlet's main competitors?

Regional players on record are Menards, P.C. Richard & Son and Conn's HomePlus. Direct peers are True Value and Ace Hardware. Broad incumbents are Home Depot, Lowe's, Ferguson and Best Buy. Harvey Norman is listed as an emerging player.

Does Sears Hometown and Outlet have an API?

No public API is recorded for Sears Hometown and Outlet.

What industry is Sears Hometown and Outlet in?

Sears Hometown and Outlet's product category is Home Appliance and Hardware Retail. Its primary akta.pro industry code is CRAGAIAB, Home & Furniture-Focused Catalog Department Store Retailers. Its NAICS code is 449210 and its SIC code is 5531.

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Live signals
Best LifeThis Iconic Retailer Is Closing More Than 70 Locations — Best LifeSears Hometown stores are set to close more than 70 locations across the U.S. as part of ongoing business challenges for the retailer. These closures follow a trend among various retailers to downsize physical store footprints amid shifting consumer behaviors and ongoing financial pressures. The iconic brand has seen a significant decline in its presence, reducing to just 36 stores by the end of 2021.GlobeNewswireFranchise Group, Inc. Closes on the Acquisition of the Sears Outlet Business from Sears Hometown and Outlet Stores, Inc.Franchise Group completed its acquisition of the Sears Outlet business and Buddy's Home Furnishing stores from Sears Hometown and Outlet Stores. The deal adds over 400 retail locations to its portfolio, and A-Team Leasing became a franchisee of 5 Sears Outlet locations. The company also announced a pending acquisition of The Vitamin Shoppe, expected to close before end of 2019.PR NewswireSears Hometown and Outlet Stores, Inc. Reports Second Quarter 2019 ResultsSears Hometown and Outlet Stores, Inc. reported second quarter 2019 results with a net loss from continuing operations of $18.0 million, a slight improvement from $18.2 million in Q2 2018, while comparable store sales declined 21.7%. The company announced two major milestones: a definitive merger agreement with Transform Holdco LLC (an affiliate of ESL Investments) and the sale of its Sears Outlet segment and Buddy's Home Furnishing Stores to Liberty Tax, Inc. for approximately $121 million in cash, which will increase the per-share merger consideration by approximately $1.00 to $3.25. The transactions are expected to close concurrently in October 2019, subject to satisfaction of closing conditions.GlobeNewswireLiberty Tax, Inc. to Acquire Outlet Business From Sears Hometown and Outlet Stores, Inc.Liberty Tax agreed to acquire Sears Hometown's Outlet business and Buddy's Home Furnishings stores in an all-cash deal valued at up to $132.9 million. The sale is expected to generate about $121 million in net proceeds, raising the merger consideration to roughly $3.25 per share, up from $2.25. Both transactions are expected to close in October 2019.PR NewswireSears Hometown and Outlet Stores, Inc. Reports First Quarter 2019 ResultsSears Hometown and Outlet Stores, Inc. reported a widened net loss of $12.1 million for Q1 2019, up from $9.4 million in the prior-year quarter, while comparable store sales declined 8.9% and adjusted EBITDA increased $1.3 million to $4.2 million. The company announced on June 3, 2019 that it entered into a definitive merger agreement with Transform Holdco LLC, under which Transform will acquire all outstanding shares for $2.25 per share, subject to an upward adjustment if the Outlet Segment is sold for proceeds exceeding $97.5 million. The Hometown segment continues to face inventory availability challenges and operating losses, while the Outlet segment showed improved adjusted EBITDA of $9.2 million despite system migration disruptions.PR NewswireSHAREHOLDER ALERT: WeissLaw LLP Investigates Sears Hometown and Outlet Stores, Inc. AcquisitionWeissLaw LLP announced an investigation into the proposed acquisition of Sears Hometown and Outlet Stores, Inc. by Transform Holdco LLC, examining whether the company's board breached fiduciary duties in approving the $2.25-per-share cash deal. The law firm cited recent financial improvements, including a $3.0 million decrease in net loss and a $6.9 million improvement in adjusted EBITDA, questioning whether the acquisition undervalues the company. WeissLaw is seeking to determine if the merger process was fair and whether all material information was properly disclosed to shareholders.PR NewswireTransform Holdco LLC To Acquire Sears Hometown And Outlet Stores, Inc.Transform Holdco LLC announced it will acquire all outstanding shares of Sears Hometown and Outlet Stores, Inc. not already owned by ESL Investments, Inc. for $2.25 per share in cash, reuniting Sears and Kmart with the Sears Hometown stores that were spun off in 2012. The combined entity will rank as the third largest appliance retailer in the United States with $1.4 billion in 2018 net sales, 491 Hometown stores, and 126 Outlet stores across 49 states, Puerto Rico and Bermuda. The transaction, expected to close in Q3 2019, is subject to Sears Hometown first conducting a marketing process to potentially sell its Outlet Segment to a third party for at least $97.5 million before the acquisition proceeds.PR NewswireWolf Popper LLP Investigates the Proposed Acquisition of Sears Hometown and Outlet Stores, Inc. by Its Controlling Shareholder, Edward LampertWolf Popper LLP announced on April 8, 2019 that it is investigating potential investor claims regarding Edward Lampert's proposed acquisition of Sears Hometown and Outlet Stores, Inc. at $2.25 per share through his hedge fund ESL Investments. Lampert currently owns approximately 60% of Sears Hometown's outstanding shares, and a Wolf Popper partner characterized the offer as a "low-ball bid" that appears designed to acquire the company at an unfair valuation. Shareholders seeking more information about the transaction or the investigation can contact the law firm directly.PR NewswireSears Hometown and Outlet Stores, Inc. Announces Receipt Of Transaction Proposal From Transform HoldcoSears Hometown and Outlet Stores, Inc. announced on April 8, 2019 that it received a proposal from Transform Holdco LLC, an entity affiliated with majority stockholder ESL Investments, to acquire all outstanding shares not already owned by ESL for $2.25 per share. The company's special committee of independent directors reviewed the proposal with financial and legal advisors and concluded that the transaction would not be in the best interests of unaffiliated stockholders. Discussions regarding potential transactions between the parties are continuing.PR NewswireSears Hometown And Outlet Stores, Inc. Reports Fourth Quarter And Fiscal Year 2018 ResultsSears Hometown and Outlet Stores reported a net loss of $30.3 million for the fourth quarter of 2018, an improvement from the previous year's loss, while facing headwinds from the Sears Holdings bankruptcy. The company also announced plans to close additional underperforming Hometown stores in the first quarter of 2019 due to persistent supply chain issues and low profitability.