New Sears Hometown Store Opens in Ithaca

ITHACA, N.Y. (October 14, 2015) – Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) will open its newest New York Sears Hometown Store on October 15 at 40 Catherwood Road, Suite F11 in Ithaca.

The Ithaca location marks the 23rd opening of a new Sears Hometown Store this year and the 34th opening of a new store across all of Sears Hometown and Outlet Stores formats. Unlike most retail concepts, Sears Hometown Stores combine the value, selection and services associated with larger retail stores but are owned and operated by a member of the local community.

“It can be a challenge to find top-of-the-line home appliances at a reasonable price,” said Michael Esch, owner of the Sears Hometown Store in Ithaca. “With the new Sears Hometown Store in Ithaca, the community will now have access to the top appliance brands at the lowest possible prices while also benefiting from our outstanding customer service and premium in-store experience.”

This unique store format allows customers in small communities to have access to the great products and brands usually found only in Sears stores. For instance, the new Sears Hometown Store in Ithaca is the only place in town where customers can find an incredible selection of the top appliance brands such as Kenmore®, Maytag®, KitchenAid®, Whirlpool®, Bosch®, Frigidaire® and GE®, plus a large assortment of lawn and garden equipment, Craftsman® tools, fitness equipment, electronics, mattresses and more.

The Ithaca team is excited to provide customers with professional advice, exceptional service and real-time price checks to make sure they receive the guaranteed lowest price. For instance, if a product is not available in-stores, Sears Hometown Store associates can order customers any product from the entire merchandise selection offered by Sears, including apparel, footwear, jewelry and much more. Customers also have the option to order products online and pick them up in the store without a shipping charge. The Ithaca store also offers Sears Nationwide Service, Parts and Installation.

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 May 2, 2015, Sears Hometown and Outlet Stores, Inc. and its dealers and franchisees operated 1,248 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.

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