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4-Traders Homepage  >  Equities  >  Nasdaq  >  Sears Hometown and Outlet Stores Inc    SHOS

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Four Mississippi Sears Hometown Stores Revamp Retail and Merchandise Approach

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04/21/2017 | 07:31pm CET

OXFORD, Miss., April 21, 2017 (GLOBE NEWSWIRE) -- Evolving to meet changing consumer needs and to embrace its nationwide branding as “America’s Appliance Experts®,” the refresh of four Sears Hometown and Outlet Stores in Mississippi culminates with a grand reopening celebration April 28-29, 2017 at the locations in Byram, Greenwood, McComb and Oxford. Throughout the celebration weekend, consumers are invited to enjoy an additional discount of 10 percent off almost everything in the store.*

America's Appliance Experts

The store refresh includes a new product assortment, redesigned merchandising, new fixtures & signage, and comprehensive employee training, among other changes.

“Our stores have always been known for our excellent appliance selection and our new refresh aims to help us maintain this reputation,” said Mario Bustamante, a district manager of Sears Hometown Stores in Mississippi. “Customers can expect an overall updated shopping experience with a modernized sales and customer service approach. We’ve worked diligently to train our sales teams to best guide guests and ensure they are happy with their purchase.”

In the new store design, appliances will occupy more than half of the sales floor and include more brands with an improved presentation. The stores will also focus its appliances on innovative and value-added products from LG®, GE®, Whirlpool®, Maytag®, KitchenAid®, Samsung® and Kenmore®.

The new floor plan also includes the ability to showcase complete kitchen packages through the addition of three kitchen vignettes. This allows stores to display an entire four-piece kitchen from multiple brands in a small amount of floor space, making it easier for customers to choose products. Another new feature that simplifies the buying process is a designated laundry innovation area, showcasing multiple brands and innovations that lets customers easily explore the differences between the various product lines.

As part of the refresh, the Mississippi Sears Hometown Stores provide industry leading comprehensive training to store associates, including brand specific selling certification. These brand certified sales associates help ensure customers find the best product for their needs at the best possible price. Mississippi customers also benefit from a new touch-screen kiosk where they can work with a salesperson or browse on their own to explore product options or make purchases. With the touch-screen kiosk, associates and customers can review product features and benefits as well as various models from the entire online database of Sears products – all while browsing models around the sales floor. Among major retailers, the Mississippi Sears Hometown Stores are leading the way for the integration of touch-screen devices into the sales process.

The Mississippi locations are part of a system-wide refresh of all Sears Hometown Store locations. The Company began updating units in 2015 and now has more than 560 “America’s Appliance Experts” locations across the United States. To learn more about Sears Hometown Stores, visit www.searshometownstores.com

* Subject to certain exclusions, as detailed in print ad promotions available in the store. Also, not available on price-matched merchandise.

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 29, 2016, Sears Hometown and Outlet Stores, Inc. and its dealers and franchisees operated 1,115 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.

For more information contact: Mike Garabedian, Fishman Public Relations, 
847-945-1300 ext. 234 or [email protected], or visit our corporate website at www.shos.com.

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© GlobeNewswire 2017
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Sears Hometown and Outlet  Technical Analysis Chart | SHOS | US8123621018 | 4-Traders
Technical analysis trends SEARS HOMETOWN AND OUTLET
Short TermMid-TermLong Term
William A. Powell President, Chief Executive Officer & Director
William K. Phelan Chairman
Michael A. Gray SVP-Store Operations, VP & General Manager
Ephraim J. Bird Chief Financial Officer, Director & Senior VP
Josephine Linden Independent Director
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