Content about Hometown

April 16, 2014

HCN's Top 30 were unanimously up at Wednesday's close, with Masco (MAS), Sears Hometown (SHOS), Stock Building Supply (STCK), Trex (TREX) and USG (USG) enjoying an especially strong headwind.

April 14, 2014

Even though they're separate entities, both Sears Holdings (SHLD) and Sears Hometown and Outlet Stores (SHOS) fell more than 5 percentage points on Friday.

March 24, 2014

Sears Hometown (SHOS) was one of few winners on Monday at a share gain of 5.43%, but it stood in stark contrast to the retailer's steady decline over the past several months.

March 17, 2014

Sears Hometown and Outlet Stores (SHOS) took a swan dive on Friday following the release of its fouth quarter earnings report, which even its CEO acknowledged as disappointing.

March 17, 2014

Sears Hometown and Outlet Stores reported discouraging preliminary figures for its fourth quarter and full year ended Feb. 1, 2014.

Bruce Johnson, president and CEO, acknowledged that the results were disappointing, most notably in the Hometown and Hardware segment, where weaker-than-expected holiday sales had an impact. Additionally, severe winter weather did not help the company's cause, he added.

March 3, 2014

Both Sears Holdings (SHLD) and Sears Hometown (SHOS) got a lift on Monday, though most stocks fared considerably worse.

February 28, 2014

Two Sears Hometown Stores opened in Colorado, Florida and Virginia and will be celebrating grand opening ceremonies this weekend.

In Florida, the new store is located in Ocoee at 8849 W. Colonial Drive. The new Virginia store is located at 6623 Richmond Road in Williamsburg. Both locations will be offering 10% discounts through the weekend, plus special grand opening giveaways.

The new Sears Hometown Store in Colorado is located in Longmont, at 700 Ken Pratt Blvd.

January 7, 2014

Stocks were mostly behind on Monday, with Sears Hometown (SHOS) down the most at 4.74%.

December 9, 2013

The majority of stocks tracked by HCN were up, including LL (up 6.81%); STCK (up 3.91%) and LOW (up 2.94%). Sears Holdings and Sears Hometown & Outlet were down.

December 6, 2013

Sears Hometown and Outlet Stores reported mostly negative financial results for the third quarter of fiscal 2013. Net earnings fell about 12% to $7.69 million, from $8.76 million.

A 2% decrease in same-store sales and unfavorable calendar shift due to the 53rd week in fiscal 2012 offset slight growth in net sales to $561.1 million from $556.9 million. 

December 6, 2013

In a not-so-unexpected move, Sears Holdings Corp. on Friday said it had filed to spin off its Lands' End unit.

Sears has been selling or spinning off assets during the past few years as it struggles to turn around its business. The company sold its Orchard Supply Hardware Stores and its Sears Hometown and Outlet Stores businesses last year. In October, Sears said it would consider strategic alternatives for its line of auto centers. Sears also is selling some store leases in Canada.

November 18, 2013

As part of its "Salute to Local Heroes" charity campaign, Sears Hometown and Outlet Stores has teamed up with the National Volunteer Fire Council to help raise funds for fire departments across the country.

November 12, 2013

Stocks changed little on Monday, though both Sears (SHLD) and Sears Hometown (SHOS) were up significantly.

November 5, 2013

Stocks were trending down again on Tuesday, with LP (LPX) taking the biggest plunge of 6.59%. Meanwhile, Sears Hometown (SHOS) was up 7.82%.

November 5, 2013

Sears Hometown and Outlet Stores has opened a new Sears Appliance & Hardware location in Dallas, Texas, that will mark the debut of a smaller-format store prototype for the brand -- as well as a spate of new franchise opportunities. 

Citing market research that favors the neighborhood hardware store model, the company announced last week that the Dallas store -- which is the first new Sears Appliance & Hardware location to be built in the past decade -- will set the standard for all new locations.

October 3, 2013

Both Sears (SHLD) and Sears Hometown (SHOS) were up more than 1% after Sears Holdings Corp. announced $1.0 billion in new term borrowing.

September 3, 2013

Sears was demonstrating a good deal of volatility at Friday's close, with Sears (SHLD) up 6.45% and Sears Hometown (SHOS) down 17.85%.

June 19, 2013

No matter how you slice them, the numbers of the HCN Top 300 Industry Scoreboard reflect the rising housing market, increased spending on the home and an easy comparison with the previous year's performance.

Of the leading 300 home channel retailers, 277 show positive sales in the most recently completed finished fiscal year, and 12 show declines. Eleven others are listed as flat.

June 7, 2013

Sears Hometown and Outlet Stores, the former division of Sears Holdings that spun off in October, posted first quarter sales of $601.1 million, down 3.2% from the first quarter last year.

Net income for the quarter ended May 4 was $15.0 million, down from $20.6 million in last year's first quarter.

Same-store sales of lawn and garden, the retail company's second-largest category, dropped 45% in the first two months, the company said, as cool weather took its toll. The category improved significantly in April, when it showed comp-store sales gains of 4.2%

October 12, 2012

Sears Holdings has successfully separated out its Sears Hometown and Outlet Stores businesses.

August 29, 2012

Sears Hometown and Outlet Stores Inc. will begin trading next week on Nasdaq, Sears Holdings Corp. announced Tuesday.

The price of shares is initially set at $15 for Sears Hometown. 

August 13, 2012

A report released Monday by the Associated Press said that Sears Holdings Corp. would be spinning off its Hometown and Outlet stores, along with some hardware stores, into a separate, publicly traded company.

Earlier this year, Sears had revealed it would split the companies but had not indicated the new organization would be a separate public entity.

May 1, 2012

Sears Holdings Corp. filed documents with the Securities and Exchange Commission (SEC) on April 30 indicating its plans to spin off its Hometown and Outlet stores into a separate company, according to an article in the Chicago Tribune.

June 22, 2010

Hoffman Estates, Ill.-based Sears is offering military veterans a chance to own their own Sears Hometown Store through their Operation Stores and Stripes contest.

The contest, which is sponsored in part by Maytag Appliances, will supply the winner with their very own Sears Hometown Store location and license, merchandise, renovation, the first 90-days of the lease as well as 90 days of operating cash flow up to $130,000.