"Come visit your Local store today!"
Sears Hometown Store in Jasper, AL is the local destination for major appliances including washers, dryers, refrigerators, dishwashers, and more! Also shop home goods including vacuums, hardware, and electronic needs, as well as a great selection of lawn & garden products including tractors, snow-blowers and mowers.
The story that never ends. The other Sears is now in financial trouble, much Yeah, there'still some Sears out there. Sears Hometown. It's a franc Brian Sassi of course has followed Sears for many, many years. I still can't believe I'm still covering the Sears story. It's just t So here it is. Sears Hometown stores, they were spin off in 2012 from Sears. Back then Sears was very strapped for cash so they spun off t Also sold the Craftsman brand a little bit later on, but nonetheless they spun t And now Sears Hometown w Sears Hometown now declaring bankruptcy. They were largely owned by franc Now I went back and just re-familiarized myself with the Sears Hometown concept and I recall writing back in 2012, one of the key problems with the brand is that they essentially were lied on inventory from Sears. That's where they got all this garbage, then sold to Sears, got d Well, Sears basically now no longer exists. So if you cannot get inventory from Sears stores, you cannot stock these Hometown stores with any form of goods. And the problem with Hometown was that they never solidified or it got relations So they were just really just feeding off the carcass that was Sears. So no shocker to see t And the bankruptcy filing noting 50 million in assets and 50 million in liabilities and another little fun fact here, Eddie Lampert, the longtime CEO. I was waiting, I was waiting. Yeah, well he is almost a 38% holder in Sears Hometown. I'll say it again, I've said t I could probably be doing t But look, t We are at the Sears Hometown store that is shutting down in Warsaw, New York. I got to film it twice, one time non-closing and then I went back another time when it was closing. Now, unfortunately, the company did file for Chapter 11 bankruptcy and is closing down as a whole chain. So that wasn'too much of a surprise there. But So it's a shame that they're going away, but The brand was Sears. So But I mean, I just wanted to come on here and say a few words. But remember to follow me on social media, especially Instagram.
