Inactive Instrument

Sears Hometown and Outlet Stores, Inc.

US8123621018

ESL Investments Engages in Discussions with Sears Hometown and Outlet Stores

April 12, 2019 at 12:12 pm EDT

On April 12, 2019, Edward S. Lampert addressed the Board of Sears Hometown and Outlet Stores, Inc. to discuss his views on potential transactions between Transform Holdco and the Company and his opposition to any dissolution of the Hometown segment, given the risks he believed continuing as an Outlet-only business would pose to the Company and its stockholders. Lampert discussed potential transactions with representatives of the Company on April 12, 2019, but no agreement was reached regarding any potential transaction.

Latest news about Sears Hometown and Outlet Stores, Inc.

Sears Reportedly Explores Sale of Home Improvement Business	20-06-30	CI
Sears Hometown and Outlet Stores, Inc.(NasdaqGM:SHOS) dropped from S&P TMI Index	19-10-25	CI
Sears Hometown and Outlet Stores, Inc. Announces Letter of Credit Were Repaid; Announces Management Changes	19-10-23	CI
Franchise Group Newco S, LLC completed the acquisition of Sears Outlet Stores, L.L.C., Leasing Operations, LLC, Outlet Merchandising, LLC and assets of Sears Hometown and Outlet Stores from Sears Hometown and Outlet Stores, Inc. for approximately $130 million.	19-10-22	CI
ESL Investments Inc. completed the acquisition of additional 41.74% stake in Sears Hometown and Outlet Stores Inc..	19-10-22	CI
Sears Hometown and Outlet Stores, Inc. Reports Earnings Results for the Second Quarter Ended August 3, 2019	19-09-19	CI
Tranche Update on Sears Hometown and Outlet Stores, Inc.'s Equity Buyback Plan announced on August 30, 2013.	19-09-19	CI
Sears Hometown and Outlet Stores, Inc. Enters into a Material Definitive Agreement with ESL Investments, Inc.	19-08-27	CI
Franchise Group Newco S, LLC entered into a definitive agreement to acquire Sears Outlet Stores, L.L.C., Leasing Operations, LLC, Outlet Merchandising, LLC and assets of Sears Hometown and Outlet Stores from Sears Hometown and Outlet Stores, Inc. for approximately $130 million.	19-08-26	CI
Sears Hometown and Outlet Stores, Inc. Plans to Open Five New Outlet Stores in 2019	19-06-21	CI
Tranche Update on Sears Hometown and Outlet Stores, Inc.'s Equity Buyback Plan announced on August 30, 2013.	19-06-21	CI
Sears Hometown and Outlet Stores, Inc. Announces Consolidated Unaudited Earnings Results for the First Quarter Ended May 4, 2019	19-06-21	CI
ESL Investments Announces Letter Agreement with Sears Hometown and Outlet Stores	19-06-03	CI
Transform Holdco Enters into Merger Agreement with Sears Hometown and Outlet Stores	19-06-03	CI
Tranche Update on Sears Hometown and Outlet Stores, Inc.'s Equity Buyback Plan announced on August 30, 2013.	19-05-03	CI
Sears Hometown and Outlet Stores, Inc. Announces Board Changes	19-04-19	CI
ESL Investments Sends Written Consents to Sears Hometown and Outlet Stores	19-04-15	CI
ESL Investments Engages in Discussions with Sears Hometown and Outlet Stores	19-04-12	CI
Sears Hometown and Outlet Stores Provides Information to Shareholders	19-04-08	CI
ESL Investments, Inc. made an offer to acquire an additional 41.74% stake in Sears Hometown and Outlet Stores, Inc. for $23.1 million.	19-04-07	CI
Transform Holdco Makes a Non-binding Offer to the Board of Sears Hometown and Outlet Stores	19-04-05	CI
Sears Hometown and Outlet Stores, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended February 2, 2019; Reports Impairment Charges for the Fourth Quarter Ended February 2, 2019	19-03-29	CI
Tranche Update on Sears Hometown and Outlet Stores, Inc.'s Equity Buyback Plan announced on August 30, 2013.	18-12-07	CI
Sears Hometown and Outlet Stores, Inc. Announces Unaudited Earnings Results for the Thirteen and Thirty Nine Weeks Ended November 3, 2018	18-12-07	CI
Sears Hometown and Outlet Stores, Inc. Opens New Sears Outlet Store in Germantown	18-10-08	CI

Chart Sears Hometown and Outlet Stores, Inc.

Duration

Period

Chart Sears Hometown and Outlet Stores, Inc.

More charts

Company Profile

Sears Hometown Stores, Inc., formerly Sears Hometown and Outlet Stores, Inc., is a national retailer primarily focused on selling home appliances, lawn and garden equipment, tools, and hardware. In addition to merchandise, the Company provides its customers with access to a suite of related services, including home delivery, installation, and extended-service plans. The Company operates through Sears Hometown segment (Hometown). Its Hometown stores are designed to provide its customers with in-store and online access to selection of national brands of home appliances, lawn and garden equipment, tools, sporting goods and household goods. The Company's Hometown segment operates through four formats: Sears Hometown Stores (Hometown Stores), Sears Hardware Stores (Hardware Stores), Sears Home Appliance Showrooms (Home Appliance Showrooms) and Buddy's Home Furnishing Stores (Buddy's Stores).

Sector

Department Stores

More about the company

Sector Retail - Department Stores

	1st Jan change	Capi.
TRENT LIMITED	+40.86%	18.35B
DILLARD'S, INC.	+11.23%	7.29B
MINISO GROUP HOLDING LIMITED	+15.83%	7.32B
FALABELLA S.A.	+13.19%	6.59B
CANADIAN TIRE CORPORATION, LIMITED	-2.96%	5.84B
ISETAN MITSUKOSHI HOLDINGS LTD.	+45.96%	5.39B
MACY'S, INC.	-8.40%	5.07B
CCOOP GROUP CO., LTD	+31.51%	5.08B
HARVEY NORMAN HOLDINGS LIMITED	+6.90%	3.65B

Retail - Department Stores