Sears Hometown Will Rejoin the Shrinking Sears Empire [The Motley Fool]
SEARS HOMETOWN & OUTLET (SHOS)
US:NASDAQ Investor Relations:
searshometownstores.com
Company Research
Source: The Motley Fool
Sears Hometown Will Rejoin the Shrinking Sears Empire In late 0, Sears Holdings spun off its small-format store operations as Sears Hometown and Outlet Stores ( NASDAQ:SHOS Chairman Eddie Lampert may have expected the profitable Sears Hometown and Outlet Stores business to thrive as an independent entity. However, it has struggled nearly as much as its former parent, which filed for bankruptcy last October and barely survived As a result, Lampert -- who acquired the remnants of Sears and Kmart out of bankruptcy through his hedge fund -- is now set to buy Sears Hometown, reuniting it with Sears' full-line operations. Unfortunately, bulking up in this way isn't likely to help Sears survive in the face of withering competition from the likes of Best Buy NYSE:BBY Another Sears disappointment When Sears Hometown and Outlet Stores became independent, investors were initially bullish about its prospects. After all, Sears Hometown primarily operates in small markets where there is limited com
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