Hometown stores are small hardware and appliance stores operated by independent retailers.
Sears Holdings spun off more than 1,100 Hometown and 122 outlet stores. Sears Holdings spun off Sears Hometown and Outlet Stores in 2012 to attempt to restore profitability and raise shareholder confidence. The company's former subsidiary, Sears Hometown remained in business as an American retail brand of hardware and appliance stores and a Transform Holdco subsidiary with most stores being locally owned and operated franchises. The company ceased to exist on October 23, 2019, when Franchise Group acquired the Sears Outlet division and Transform Holdco acquired the rest of the company. As per the deal, Sears Hometown needed to divest its Sears Outlet division to gain approval.
On June 3, 2019, it was announced that Transform Holdco would acquire Sears Hometown and Outlet Stores. By May 2019, Sears Hometown and Outlet Stores and its independent dealers and independent franchisees operated a total of 639 stores across 49 states as well as in Puerto Rico and Bermuda. The company was a spun off from Sears Holdings in 2012. Sears Hometown and Outlet Stores was founded in April 2012. Sears Hometown and Outlet Stores is based in Hoffman Estates, Illinois. The company had four subsidiary store formats: Sears Hometown, Sears Outlet, Sears Hardware and Appliance, and Sears Home Appliance Showrooms. was an American retail company that sold home appliances, lawn and garden equipment, apparel, mattresses, sporting goods, and tools.
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