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New Sears Outlet Store Opens in Lafayette

LAFAYETTE, La., Dec. 19, 2014 (GLOBE NEWSWIRE) -- Sears Hometown and Outlet Stores, Inc. (Nasdaq:SHOS) recently opened its newest Louisiana Sears Outlet Store at 2001 NW Evangeline Thruway, suite 200, in Lafayette.

The Lafayette location marks the 11th opening of a new Sears Outlet Store this year and the 32nd opening of a new store across all of Sears Hometown and Outlet Stores formats.

"We offer incredible value on our entry-level priced to high-end home appliances, grills, lawn mowers, patio furniture, small kitchen appliances, home goods and more," said Errol Marshall, store manager of the new Sears Outlet in Lafayette. "Customers can expect an assortment of fresh merchandise each visit and exceptional customer service so they can easily find exactly what they're looking for."

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, mattresses, 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 Lafayette can be reached at (337) 234-0018 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

Source:Sears Hometown and Outlet Stores, Inc.