New Sears Outlet Store Opens in Fresno

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

FRESNO, Calif., Dec. 15, 2014 // GLOBE NEWSWIRE // -- Sears Hometown and Outlet Stores, Inc. (Nasdaq:SHOS) recently opened its newest California Sears Outlet Store at 4150 Shaw Avenue in Fresno.

The Fresno location marks the 10th opening of a new Sears Outlet Store this year and the 29th opening of a new store across all of Sears Hometown and Outlet Stores formats.

"We offer an extensive selection of entry-level priced to high-end merchandise that is constantly changing," said Airrick Contreras, store manager of the new Sears Outlet Store in Fresno. "Our goal is to simplify the Outlet shopping experience with a highly-skilled team that's ready to help customers find exactly what they need and want. We look forward to becoming a staple in Fresno."

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, 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 Fresno can be reached at (599) 271-4069 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 a national retailer primarily focused on selling home appliances, lawn and garden equipment, tools and hardware. As of November 1, 2014, Sears Hometown and Outlet Stores, Inc. and its dealers and franchisees operated 1,257 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.

CONTACT: MEDIA CONTACT:
Lauren Underhill
Phone Number: 847-945-1300
Email Address: lunderhill@fishmanpr.com

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