Sears Hometown and Outlet Stores (NASDAQ:SHOS) is a retailer that operates over 1,200 stores in two primary business units: Sears Hometown Store segment and Sears Outlet Store segment. Sears Hometown and Outlet Stores was spun off from its former parent company, Sears Holdings (NASDAQ:SHLD), in October 2012 to become a stand-alone public company. The key to understanding Sears Hometown and Outlet Stores is to view the company as primarily a network of locations that licenses the Sears brand and provides a channel for retail distribution of Sears Holdings' three legacy brands: Kenmore, Craftsman, and DieHard.
Sears Hometown and Outlet Stores essentially enables Sears Holdings to expand the brick-and-mortar presence of its core brands - including the...
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